Gambling Shuffle

Here is Stephen A. Schwarzman’s story. Forbes named Stephen the fifty third most well-off individual in America recently, yet it is his tremendous success in the world of finance and also his contributions to education and the arts which make his tale interesting. Steve’s story illustrates that the greatest things in achieving success are devoted work plus unflagging determination.

The Blackstone Group was set up by Stephen and Peter Peterson as a firm offering premium investment advice and private-equity. As the years passed, it has grown into a world leader in M&A; but he did not start out running his own company straightayway.

Stephen grew up in surburban Philadelphia. He graduated from Abington Senior High School; afterwards he received his bachelor’s degree from Yale University in 1969. After that, he went on to further his business education at the influential Harvard Business School, graduating in 1972. Once he had finished his time at college, Stephen began a career in investment banking at Lehman Brothers. By the unusually young age of thirty one, he was already a managing director. Stephen Schwarzman gives financial support to a wide range of educational programs as well as consulting as an ancillary professor at the esteemed Yale School of Management. Moreover, he is the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in NYC. And, to give back even more, Stephen recently donated to the New York Public Library $100,000,000 to support their expansion program. Stephen also serves on the board of trustees. It is scarcely surprising that Stephen A. Schwarzman is acknowledged as one of the United States’ elite — Times Magazine last year appointed him as one of the one hundred most influential people alive today. His quick rise to power in the business and financial industries is certainly astounding, not to mention the fact that his support of music and the liberal arts has doubtlessly encouraged those around him. So the world awaits Stephen’s next project. Stephen A. Schwarzman is no doubt a fascinating business man whose influence can certainly be seen in America and its business community.