Great Pointers Apropos Blackstone Groups’ Co-Founder, Stephen Schwarzman

The story of Stephen A. Schwarzman is one of altruism and hard work. Forbes Magazine named him as the 53rd most well-off person in the United States of America last year, nevertheless it’s his patronage of the arts and education and his outstanding success that show him to be such a magnetic character. His biography has inspired people all over the world and in addition it serves as a reminder that everyone may be successful with only a modicum of hard work.

The Blackstone Group was founded by Steve and his business partner Peter Peterson as a business offering top of the market investment advice and private-equity. Today, of course, the Blackstone Group is known worldwide with holdings as diverse as American Axle and the Hilton Hotels Group, to name but two of them.

Steve grew up in the state of Pennslyvania. He graduated from Abington Senior High School; his next step was to obtain his bachelor’s degree from Yale University in 1969. Harvard Business School was the obvious next stop on his pathway to success, here he received his Master’s degree in Business Administration in 1972. Then he joined at Lehman Brothers investment bank, situated in New York, New York. By his thirty second birthday Steve was already a managing director. Steve Schwarzman donates to a range of educational programs as well as teaching as an associate professor at the influential Yale School of Management. He is the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in Manhattan. In addition, he proudly announced on March 11th, 2008 that he had given 100,000,000 dollars to the New York Public Library to fund their expansion project. In fact, the library named their new extension after him. Thus, it shouldn’t come as a surprise that, America’s elite look to Stephen A. Schwarzman as a role model — he was mentioned amongst Time Magazine’s 100 Most Influential People on the planet in acknowledgement of his worldwide influence in business. His meteoric rise in the business and financial communities is nothing short of astounding, and no doubt his willingness to give to the community has provided Americans with an unprecedented new standard to live by.

So the US waits with interest breath to see what Steve will do next. Thus, in summary, we find an individual who has taken every business opportunity offered to him and he has also made excellent use of his wealth and status as a way to ameliorate his community.