The Astounding Story of Stephen A. Schwarzman
If you have not come across Stephen Schwarzman, you’ll want to pay attention. Last year Stephen placed number fifty three on Forbes’ list of the most well-to-do individuals in the US, however it’s his exceptional rise to power in the finance sector in addition to his contributions to education and the arts that set this story apart. His story illustrates that the keys to succeeding in business are devoted working hard and persistence.
Stephen A. Schwarzman and his partner Peter Peterson established the private equity management and financial advisory company Blackstone Group in 1985. The firm has since since expanded rapidly and is now an industry giant in mergers and acquisitions. After calling Philadelphia home for much of his young life, Stephen Schwarzman went to high school in the Abington School District. After graduating from high school he went on to study at the venerable Yale University and received his bachelor’s degree in 1969. Next, he chose to further his business education at the famed Harvard Business School, graduating in 1972. Then he joined at Lehman Brothers investment bank, based in New York City. Steve was appointed a managing director at the age of only thirty-one. Not only does Stephen offer his time and money to a wide range of charitable organizations, but he has also served as a part-time professor at Yale. He serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in NYC. On top of all that, he proudly announced in March of 2008 that he had given $100 million to the New York Public Library to help them build new premises. They also named one of their recently constructed buildings the “Stephen A. Schwarzman Building”.
As you’d anticipate Stephen A. Schwarzman is accepted as one of the United States’ elite — Times Magazine last year named Stephen A. Schwarzman as one of the one hundred most influential individuals in the world. His supremacy in the business and financial world has been nothing short of astounding, and without a doubt his willingness to give to his community has set business moguls a way more evolved benchmark to live up to. So the business space awaits Stephen’s next project. Stephen A. Schwarzman is no doubt an intriguing person who has left his mark on the USA and in the world in general.
