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Stephen A. Schwarzman
American businessman and investor (born 1947)
This article is about the investor. For his namesake building, see New York Public Library Main Branch.
Stephen Allen Schwarzman (born February 14, 1947) is an American businessman.
He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was chairman of President Donald Trump's Strategic and Policy Forum.[1]
According to Forbes, Schwarzman has a net worth of $53.3 billion as of November 2024.[2]
Early life and education
Schwarzman was raised in a Jewish family in Huntingdon Valley, Pennsylvania, the son of Arline and Joseph Schwarzman.[3][4] His father owned Schwarzman's, a former dry-goods store in Philadelphia, and was a graduate of the Wharton School.[5]
Schwarzman's first business was a lawn-mowing operation when he was 14 years old, employing his younger twin brothe
