One Man’s Astounding Story — Stephen A. Schwarzman
This is Stephen Schwarzman’s story. Forbes named Stephen the fifty-third most wealthy person in the U.S.A. recently, still it’s his patronage of the liberal arts and his undreamt of business achivements that show him to be such a magnetic person. Stephen’s life shows everyone that the most significant character traits in achieving success are indeed hard work plus unflagging determination.
In the 1980’s Steve launched the Blackstone Group with his partner Peter Peterson, initially as a private-equity management and financial advice company. Today, the Blackstone Group is known world-wide enompassing investments as qualified as Apria Healthcare and Allied Waste, to name only two.
Spending many of his early years in near Philadelphia, Pennsylvania, Stephen got his schooling in the Philadelphia suburbs. When he graduated from high school he chose to study at the legendary Yale University and got his degree in 1969. Harvard Business School was the next step in his education, where he received his Master’s degree in Business Administration in 1972. After finishing his higher education, Stephen commenced a job at Lehman Brothers. Stephen was assigned the job title of managing director at the young age of 31. Stephen A. Schwarzman gave his services as an adjunct professor at the well known Yale School of Business Management in addition to offering his patronage to a number of charitable organizations, educational programs, and the liberal arts. He serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in New York, New York. In addition, Stephen only last March gifted to the New York Public Library a hundred million dollars to fund their recent expansion program. They also named their new extension the “Stephen A. Schwarzman Building” to commemorate his lavish gift. It is hardly surprising that Stephen A. Schwarzman is now one of America’s elite — Times Magazine in 2008 named Stephen A. Schwarzman as one of the 100 most influential individuals on the planet. His swift rise to power in the business and financial industries is for certain spectacular, and his readiness to support his community through his ample donations to the arts and education projects motivates those who are following his example.
When you consider his knowledge and commitment, it looks like there is nothing he can’t do. On the whole, Stephen Schwarzman has been an important influence on the financial space and to the world generally.
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