The story of Stephen Schwarzman is one of generosity and dedication. A year ago Stephen A. Schwarzman was no. fifty-three on the list of the richest individuals in the United States of America, but it is his unbelievable generosity to non-profit organizations and his outstanding success that show him to be such a intriguing character. The Blackstone Group top executive is inspiring and his life demonstrates that dedication and hard work are crucial in achieving success.
In the eighties Stephen and his business partner Peter Peterson established their company providing sound financial advice to the American investment community. With the market maturing, it has become a world leader in mergers and acquisitions; but he wasn’t always part of his own enterprise. Living for many of his childhood years in Pennsylvania, Stephen commenced his schooling in the Abingdon school district. He graduated from Abington Senior High School, and, pushing on from there, obtained his bachelor’s degree from Yale University in 1969. Afterwards, he chose to further his education at the esteemed Harvard Business School, receiving his Master’s degree in Business Administration in 1972. Once he had finished his education, Stephen commenced a career in investment banking. By his thirty-second birthday Stephen was already a managing director.
Stephen Schwarzman served as an ancillary professor at the venerable Yale School of Business Management as well as donating to many charities, education, and the liberal arts. What’s more, he serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in NYC. And, to give back even more, Stephen recently gifted to the New York Public Library $100 million to back their recent building program. In fact, the NYPL named one of their new buildings after him.
Stephen is nowadays a role model to successful business people — he was mentioned amongst Time Magazine’s 100 Most Influential People on earth in acknowledgement of his world-wide influence on business and finance. His rise in the business community has been spectacular, and coupled with his willingness to donate to the community through his large donations to the arts and education programs stimulates those people who are inspired by him. As far as the financial world goes, Stephen has it all. Stephen Schwarzman is doubtless a fascinating business person who has made his mark on the US and the business community that serves it.