One Man’s Incredible Story — Stephen Schwarzman
October 26th, 2009If you haven’t heard the name Steve Schwarzman, you’ll find this intriguing. Forbes Magazine named him as the fifty-third most well-heeled individual in America just last year, yet it’s not money that makes this story fascinating but additionally Steve’s astounding rise to power in the business and finance world and his generosity to society. This Blackstone Group financial giant is an inspiration and further proof that success can be gained by putting in the hours and being unequivocally focused your goals.
The Blackstone Group was initially set up by Steve Schwarzman and Peter Peterson as a firm offering financial advice and equity management. The company has since gone from strength to strength and is now a global player in mergers and acquisitions.
Spending many of his adolescent years in near Philadelphia, Pennsylvania, Steve commenced his schooling in the Abingdon school district. He graduated from Abington Senior High School; his next step was to acquire his bachelor’s degree from Yale University in 1969. Harvard Business School was the next step in his education, where he graduated in 1972. After concluding his post-graduate degree, Steve began a job at Lehman Brothers investment bank. By his 32nd birthday, Steve was already on the board of directors. Not only does Steve give of his time and money to a broad range of not for profit organizations, but additionally he has also served as a part-time professor at Yale. Moreover, he is Chairman to the Board of Trustees at the JFK Center for the Performing Arts. In addition, he told the American public on March 11, 2008 that he was giving $100 million to the New York Public Library to help finance their expansion. Steve also serves on the board of trustees.
As you would anticipate Steve Schwarzman is now one of the United States’ elite — Times Magazine recently appointed Stephen A. Schwarzman as one of the 100 most influential people in the world. His supremacy in the business community has definitely been nothing short of spectacular, not to mention the fact that his unstinting support of music and the liberal arts has been an inspiration to the business world generally. As far as the financial world goes, Steve has it all. To sum up, Steve has made an astronomical difference to the business and financial communities and to the world at large.
Posted in 