641Apropos: Steve Schwarzman
posted on November 12th, 2009
If you have never heard of Stephen Schwarzman, take a little time and be inspired by this. Recently Stephen was listed as the fifty third richest in America by Forbes Magazine, but it’s his patronage of the liberal arts and his outstanding success that show him to be such a interesting character. This illustrate that the most important things in financial success are indeed work plus indefatigable commitment.
In the mid-eighties Steve co-founded the Blackstone Group with Peter Peterson, initially as a private-equity and financial advisory company. In the course of time, it has set the pace in M & A; but he did not head his own enterprise right off the bat.
Living for many of his formative years in Pennsylvania, Stephen got his schooling in suburban Philadelphia. Then he went on to graduate from Yale University in 1969. He undertook an Master’s degree in Business Administration at the renowned Harvard Business school in Cambridge, MA. After concluding his MBA, Stephen began his career at Lehman Brothers investment bank. Before celebrating his 32nd birthday he was already on the board.
Stephen A. Schwarzman supports a variety of liberal arts as well as serving as an assistant professor at the esteemed Yale School of Management. Furthermore, he is the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in New York. Additionally, he told America with pride in the spring of 2008 that he was contributing $100 million to the New York Public Library to help finance their expansion. They also named one of their new buildings the “Stephen A. Schwarzman Building” to commemorate his benevolent contribution. Stephen A. Schwarzman is now a role model to a new generation of entrepreneurs: last year he was listed as one of Time Magazine’s 100 Most Influential People in the World in recognition of his many achievements. His quick rise to power in the business and financial industries is nothing short of stunning, not to mention the fact that his support of music and the arts has undoubtedly encouraged everyone around him. So the financial community awaits Stephen’s next move. On the whole, Stephen has, in retrospect, been an important influence on both the business and financial communities and the world in general.
