How rich is Stephen Allen Schwarzman?
Stephen Allen Schwarzman Net Worth:
|Birth date:||14th February 1947|
|Birth place:||Philadelphia, Pennsylvania USA|
|Profession:||Republican Party, Businessman, founder and the CEO of the Blackstone Group|
|Education:||Harvard Business School (1972), Yale University (1969), Harvard University, Abington Senior High School|
|Spouse:||Christine Hearst Schwarzman (m. 1995), Ellen Philips (m. 1971–1990)|
|Children:||Teddy Schwarzman, Elizabeth Schwarzman|
|Parents:||Joseph Schwarzman, Arline Schwarzman|
|Siblings:||Warren Schwarzman, Mark Schwarzman|
Stephen Allen Schwarzman net worth, wiki & biography:
He’s #182 in the World Billionaires List, #184 in 2012, #57 in America, and # 63 in the Forbes 400 List according to Forbes.com. He left the company and in 1985, he and his manager Peter Peterson began Blackstone which began focusing on mergers and acquisitions. It went public in 2007. Peterson retired in 2008 and Schwarzman declared a contribution of $100 million to the New York Public Library. Its primary branch on Fifth Avenue was shortly named after him. Now, he could be the only owner and CEO of the firm which manages approximately $190 billion in assets in various businesses. In 2011, the value of the business has grown by 15%. By the end of 2012, its asset under direction is already $210 billion. As a philanthropist, he pays for the instruction of more than the usual hundred less fortunate kids in Nyc in addition to his wife. He was the one that received all their report cards and personally composed notes on them all every session.