Here in brief, is Stephen Schwarzman’s story. A year ago Stephen made fifty three on the list of America’s richest individuals, but it is his tremendous accomplishments in the finance sector as well as his donations to non profit organizations that make this story something interesting. Stephen’s biography shows us that the keys to a successful life are devoted work and focused dedication. In the eighties Stephen co-founded the Blackstone Group with his business partner Peter Peterson; initially as a private equity and financial advice company. The Blackstone Group has expanded rapidly and is now leading the world in mergers and acquisitions.
Stephen spent his early years in surburban Philadelphia. After finishing high school he decided on an undergraduate degree course at the exalted Yale University in Connecticut. He went on to advance his business education at the highly esteemed Harvard Business School, graduating in 1972. After concluding his higher education, Stephen started a job in investment banking at Lehman Brothers. Stephen was appointed a managing director at the age of only thirty one. Stephen Schwarzman gives to a wide range of educational programs as well as teaching as an assistant professor at the influential Yale School of Management. He is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York, New York. Additionally, Stephen only last spring gave the New York Public Library $100,000,000 to fund their expansion program. He is also one of the trustees of the library. As you’d anticipate Stephen A. Schwarzman is now one of America’s elite — As one of Times Magazine’s 100 Most Influential People alive, Stephen is nowadays in the center of media attention and impacting business on an international scale. His quick rise in the financial industry is nothing short of miraculous, not to mention the fact that his never-ending support of music and the liberal arts has doubtlessly encouraged the business community at large. With his industry knowledge and commitment, it looks like there isn’t anything he cannot conquer. On the whole, Stephen has made a vast difference to both the business space and to the world in general.
