Originally published on famousintel.com
Stephen A Schwarzman Biography and Wiki
Stephen A Schwarzman is a multimillionaire businessman from America working as the chairman and CEO of The Blackstone Group, which he founded in 1985 with Peter G. Peterson, former chairman and CEO of Lehman Brothers and US Secretary of Commerce under President Richard Nixon. Schwarzman served as the president of President Donald Trump’s Strategic and Policy Forum for a short time.
Stephen A Schwarzman Education
What did Stephen Schwarzman study? Schwarzman graduated from Abington Senior High School in 1965 after attending the Abington School District in suburban Philadelphia. He was a senior at Yale University, where he founded the Davenport Ballet Society and was a member of the senior society Skull and Bones. He attended Harvard Business School, where he received his degree in 1972, and then spent a brief period of time in the U.S. Army Reserve after graduating in 1969.
Stephen A Schwarzman Age and Biography
How old is Steve Schwarzman? Schwarzman is 75 years old as of 2022. He was born Stephen Allen Schwarzman on 14 February 1947 in Philadelphia, Pennsylvania, United States. He celebrates his birthday on 14 February every year.
Stephen A Schwarzman Nationality and Ethnicity
Schwarzman is of American nationality by birth. He was born in Philadelphia, Pennsylvania, United States. He is of Jewish ethnicity. READ ALSO: Gary C. Kelly
Stephen A Schwarzman Family
Schwarzman was born to Arline and Joseph Schwarzman and grew up in a Jewish family in Huntingdon Valley, Pennsylvania. Schwarzman’s, a former dry goods store in Philadelphia owned by his father, was a Wharton School graduate. When Schwarzman was 14 years old, he started his first business, which was a lawn-mowing business. He hired his younger twin brothers, Mark and Warren, to do the mowing while Stephen got customers.
Stephen A Schwarzman Wife
Who is Steve Schwarzman wife? In 1971, Schwarzman wed his first wife, Northwestern University, and Mount Sinai Medical Center trustee Ellen Philips. They had two kids together: Zibby Owens, a podcaster and writer, and film producer Teddy Schwarzman. In 1990, they divorced. In 1995, Schwarzman wed his second wife, the intellectual property lawyer Christine Hearst, who was born and raised on Long Island, New York. She has one youngster from a past marriage.
Stephen A Schwarzman Height
Schwarzman stands at an average height of 5 feet and 7 inches (1.68 m).
Stephen A Schwarzman Net Worth
How rich is Steve Schwarzman? Schwarzman was ranked 79th on the Forbes Billionaires list in March with $21.9 billion, but his fortune has increased by $4.9 billion since then.
Stephen A Schwarzman House
Schwarzman lives at 740 Park Avenue in a duplex apartment that was previously owned by John D. Rockefeller Jr. Saul Steinberg sold the apartment to Schwarzman. He spent millions of dollars on his 60th and 70th birthday parties, respectively.
Stephen A Schwarzman New York Public Library’s expansion – Building
Schwarzman made the announcement at the beginning of 2008 that he had contributed $100 million to the New York Public Library’s expansion, for which he is a trustee. The Stephen A. Schwarzman Building is the new name for the central reference building at 42nd Street and Fifth Avenue. Schwarzman gave the National Library of Israel, a different library, $10 million in 2018.
Stephen A Schwarzman Blackstone
The Blackstone Group was founded in 1985 by Schwarzman and Peter Peterson, who was Schwarzman’s boss. At first, the company focused on mergers and acquisitions. Blackstone would expand into business acquisition, direct lending, real estate, and alternative assets. It currently manages approximately $500 billion in assets.
Schwarzman’s earnings of approximately $398.3 million in fiscal 2006 were disclosed in a securities filing when Blackstone went public in June 2007. He ended up receiving $684 million for the portion of his Blackstone stake that he sold during the IPO while maintaining a stake that was then valued at $9.1 billion.
Stephen A Schwarzman Book
Schwarzman published his first book in 2019 under the title “What It Takes:”which draws from his experiences in business, philanthropy, and public service,” “Lessons in the Pursuit of Excellence.”His book became a bestseller in the New York Times. On the other hand, the title had a dagger next to it to show that retailers had reported receiving bulk purchases.