This is the success story of Stephen A. Schwarzman. In 2008 Stephen A. Schwarzman placed number 53 on Forbes’ list of the richest individuals in the USA, still it is his significant achievements in the domain of finance in addition to his donations to education and the arts that make his tale interesting. The Blackstone Group financial giant is an inspiration and further proof that success may be gained by putting in the hours and being truly dedicated to your job.
Stephen A. Schwarzman and his business partner Peter Peterson set up the private-equity management and financial advisory firm Blackstone Group in the 1980’s. Of course, the Blackstone Group is today one of the most profitable m&a businesses in the U.S.. Having called the Philadelphia suburbs home for much of his young life, Steve Schwarzman attended school in the School District of Abington. He went on to graduate from Yale University in 1969. Next, he opted to advance his business education at the internationally renowned Harvard Business School, graduating in 1972. Once he had finished his education, Steve commenced his career in investment banking. By the age of thirty one, he had been appointed one of their managing directors.
Steve doesn’t simply give his time to a variety of not for profit organizations, but he has also volunteered as a part-time professor at Yale. What’s more, he serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in Manhattan. In addition, to return even more to his community, Steve only last March gifted to the New York Public Library 100,000,000 dollars to assist in their recent building program. He is also one of the trustees of the library. It is not a surprise that Stephen A. Schwarzman is now one of America’s elite — Times Magazine in 2008 appointed Steve Schwarzman as one of the 100 most influential individuals on earth. His quick rise to power in the business and financial sectors is nothing short of amazing, and without a shadow of a doubt his generosity has given America a new class of its own standard to compete with in the future.
So the world waits in anticipation to see what Steve will do next. Stephen A. Schwarzman is without a doubt a fascinating businessman who has left his mark on the USA and the business community that serves it.
