The Face in Charge of the Blackstone Group’s Singular Financial Growth
This is the story of Steve Schwarzman. Recently Stephen A. Schwarzman ranked fifty-three on Forbes’ list of America’s richest people, however it isn’t money that makes this tale interesting but Steve’s incredible achievements in the business sector and his patronage of the liberal arts. Steve’s story has been motivational to many individuals globally and in addition he has utilized his riches to better many people’s lives as well.
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Steve Schwarzman and his partner Peter Peterson set up the portfolio management and financial advisory company Blackstone Group in the eighties. The company has grown from strength to strength and nowadays is an industry giant in M&A. After calling the Philadelphia suburbs home for much of his childhood and adolescence, Steve Schwarzman attended high school in the Abington School District. He graduated from Abington Senior High School, afterwards he received his degree from Yale University in 1969. He took on a master’s degree in business at the esteemed Harvard Business school near Boston, Massachusetts. Then he started his career in earnest with Lehman Brothers investment bank, based in New York City. By the age of 31, he had been appointed one of their managing directors.
Steve Schwarzman supports a range of educational programs as well as consulting as an ancillary professor at the esteemed Yale School of Management. Moreover, he is the latest Chairman to the Board of Trustees of the JFK Center for the Performing Arts in NYC. In addition, to give back even more, he proudly announced on March 11th, 2008 that he had given $100 million to the New York Public Library to help finance their expansion. Steve also serves the library as a trustee. Consequently, it comes as no surprise that, the elite of America look to Stephen A. Schwarzman for inspiration — As one of Times Magazine’s 100 Most Influential People alive, Steve is these days in the center of media attention and shaping economic development on a global scale. His swift rise in the business and financial industries is nothing short of stunning, not to mention the fact that his unstinting support of the arts and education has undoubtedly encouraged those around him. So the world waits in anticipation to see what Steve will do next. To sum it up, Steve has grasped every last opportunity offered to him and he has also made good use of his fortune and influence as a way to embetter the lives of those around him.
