The Incredible Story of Stephen A. Schwarzman
The story of Stephen Schwarzman is one of success and a willingness to work hard. Recently Stephen was named the 53rd most wealthy person in America by Forbes Magazine, but it isn’t just money which makes this story intriguing but his unbelievable rise to power in the business and finance sector and his generosity to education and the liberal arts. This Blackstone Group top executive is inspiring and his life goes to prove that dedication and hard work are crucial in achieving success. The Blackstone Group was initially established by Stephen A. Schwarzman and his business partner Peter Peterson as a business extending premium financial advice and private equity. The firm has since grown quickly and is now an industry giant in the M&A sector. After calling Philadelphia home for much of his childhood and adolescence, Stephen Schwarzman went to school in the Abington School District. He graduated from Abington Senior High School, afterwards he got his bachelor’s degree from Yale University in 1969. He opted to further his training at the esteemed Harvard Business School, getting his MBA in 1972. After finishing his education, Stephen began a job in investment banking at Lehman Brothers. By his thirty second birthday, he was already a managing director. Stephen A. Schwarzman donates to a variety of educational programs as well as teaching as an ancillary professor at the esteemed Yale School of Management. Further, he is Chairman to the Board of Trustees at the JFK Center for the Performing Arts. In addition, Stephen recently contributed to the New York Public Library 100,000,000 dollars to support their construction program. In fact, they called their new extension the “Stephen A. Schwarzman Building” to commemorate his lavish donation. This is why, the elite of America look at Stephen for inspiration: As one of Times Magazine’s 100 Most Influential People on the planet, Stephen is now widely followed by the papers and impacting economics globally. His swift rise in the financial sector is for certain stunning, not to mention the fact that his continual support of the liberal arts and educational projects has doubtlessly inspired everyone around him.
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So the business space waits in anticipation to see what Stephen will do next. Stephen Schwarzman is no doubt an intriguing businessman who has made his mark on the United States of America and the business community globally.
