What You Must Know about Stephen A. Schwarzman
Here is Stephen A. Schwarzman’s story. A year ago Steve was named the fifty-third most wealthy person in America by Forbes Magazine, still it’s his tremendous achievements in the business and finance sector and also his donations to the arts that make this account different. All this illustrate that the most significant character traits in flourishing in business are indeed hard work and, of course, unflagging commitment.
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The Blackstone Group was launched by Steve and Peter Peterson as a business providing top of the market financial advice and equity management. The firm has gone from strength to strength and today is setting the standard in mergers and acquisitions.
Steve spent his childhood in the suburbs of Philadelphia. He went on to receive his degree from Yale University in 1969. He set about taking an Master’s degree in Business Administration at the legendary Harvard Business school near Boston, MA. After concluding his post-graduate degree, Steve started his career at Lehman Brothers. By the extremely young age of 31, he was already one of their managing directors. Stephen A. Schwarzman volunteered his time as an adjunct professor at the highly esteemed Yale School of Business Management in addition to offering his patronage to a number of not for profit organizations, education, and the arts. To illustrate his wide range of activities, he is the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts. Additionally, he announced with pride on March 11th, 2008 that he had bequeathed a hundred million dollars to the New York Public Library to assist their expansion plan. In fact the NYPL called one of their recently built buildings the “Stephen A. Schwarzman Building”.
Of course, the elite of America look to Steve as a role model – he was identified amongst Time Magazine’s 100 Most Influential People on the planet in acknowledgement of his worldwide influence in business and finance. His meteoric rise to power in the business and financial industries is nothing short of miraculous, and no doubt his willingness to donate to the community has provided Americans with a different, loftier standard to emulate themselves.
As far as the financial world goes, Steve can do no wrong. To sum up, we see here a person who has taken the best advantage of each and every business opportunity offered to him and in return he has at the same time employed his wealth and status as a means to empower his community.
