People

Steve Schwarzman

Steve Schwarzman

Formal First Name
Stephen (Steve)
Link
Dates
2/14/1947 - present

Stephen Schwarzman is the Co-Founder, Chairman, and Chief Executive Officer of The Blackstone Group, one of the largest alternative asset managers in the world. He is recognized as one of the most powerful people on Wall Street, with a broad range of interests in private equity, debt financing, hedge fund management, and real estate acquisitions. Schwarzman is also an active philanthropist who has dedicated himself to tackling critical problems with transformative solutions.

Professional Experience


Academic History

EARLY CAREER


HIGHLIGHTS 

  • With a 2021 net worth of 41.5 billion USD, he is one of the wealthiest people in the United States and the 79th richest person in the world.


CURRENT APPOINTMENTS


PHILANTHROPY
  • Schwarzman is an active philanthropist with a history of supporting education, culture, and the arts, among other things. 
  • In both business and philanthropy, he has dedicated himself to tackling big problems with transformative solutions. 
  • In 2020, he signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes. 
  • In 2019, he donated £150 million to the University of Oxford, the largest single donation to Oxford since the renaissance.
  • In 2018, he announced a foundational $350 million gift to establish the MIT Schwarzman College of Computing.
  • In 2015, he donated $150 million to Yale University to establish the Schwarzman Center.
  • In 2015, he gave a founding gift of $40 million to the Inner-City Scholarship Fund.
  • In 2013, he founded Schwarzman Scholars, an international scholarship program at Tsinghua University in Beijing.
  • In 2007, he donated $100 million to the New York Public Library.


AWARDS AND RECOGNITIONS

  • In 2007, Schwarzman was included in TIME’s “100 Most Influential People.” 
  • In 2016, he topped Forbes Magazine’s list of the most influential people in finance.
  • In 2018, he was ranked in the Top 50 on Forbes’ “World’s Most Powerful People.” 
  • The Republic of France has awarded him both the Légion d'Honneur and the Ordre des Arts et des Letters at the Commandeur level. 
  • He is one of the only few Americans to receive both awards recognizing significant contributions to France
  • He was awarded the Order of the Aztec Eagle, the highest honor for foreigners in Mexico.