If you have never heard of Stephen Schwarzman, you must have been hiding beneath a rock for the last couple of years. Recently Stephen was ranked the fifty-third most well-to-do person in the US put together by Forbes Magazine, yet it is his patronage of the liberal arts and his outstanding accomplishments that make him such a magnetic person. Stephen’s biography illustrates that the most pivotal qualities in attaining success in life are devoted hard work and indefatigable determination. Stephen Schwarzman and his partner Peter Peterson established the private-equity and financial advisory company Blackstone Group in the eighties. The business has since grown quickly and is now a market giant in M&A. Stephen spent his childhood in the state of Pennslyvania. When he graduated from high school he went on to study at the distinguished Yale University in Connecticut and got his degree in 1969. Harvard Business School near Boston, Massachusetts was the next stop on his road to success, where he graduated in 1972. Then Stephen joined with Lehman Brothers investment bank, based in New York City. By the age of thirty one, he had been appointed one of their managing directors. Stephen A. Schwarzman donates to a wide variety of educational programs as well as serving as an adjunct professor at the esteemed Yale School of Management. Furthermore, he is the Chairman to the Board of Trustees at the JFK Center for the Performing Arts in Manhattan. Furthermore, Stephen recently gave the New York Public Library 100 million dollars to back their recent expansion program. In fact the library called one of their new buildings after him. It’s scarcely surprising that Stephen Schwarzman has become part of the United States’ elite — As one of Times Magazine’s 100 Most Influential People alive today, Stephen is nowadays in the center of media attention and shaping people all over the globe. His meteoric rise to power in the financial sector is surely astounding, and coupled with his readiness to give back to his own community through his generous donations to the liberal arts and education sets a precedent for those individuals who would like to emulate him.
It would seem that right now, Stephen A. Schwarzman can do no wrong. To sum up, Stephen Schwarzman has made an enormous difference to both the business and financial communities and to the world generally.