This is Stephen A. Schwarzman’s story. Only last year Stephen placed number 53 on Forbes’ list of the most well-to-do individuals in America, but it’s not money that makes this tale so gripping but additionally Stephen’s astounding rise to power in the finance sector and his generosity to society. His life shows the world that the most significant character traits in a successful life are devotion to work and unflagging determination.

Please go to this terrific site for Steve Schwarzman facts.

The Blackstone Group was set up by Stephen A. Schwarzman and his partner Peter Peterson as a business providing financial advice and private equity. Today, the Blackstone Group is a household name enompassing holdings as different as, for example, Allied Waste and Nalco.

Stephen grew up in the suburbs of Philadelphia. Subsequent to graduating high school Stephen decided on undergraduate study at Yale University. He undertook an Master’s degree in Business Administration at the widely respected Harvard Business school near Boston, Massachusetts. Then Stephen began his career in earnest at Lehman Brothers investment bank, situated in New York, NY. By his 32nd birthday, he was already a managing director.

Not only does Stephen give his time and money to a broad range of not for profit organizations, but he has also volunteered as a non-faculty professor at Yale. To name another example of his engagement, he is Chairman to the Board of Trustees of the JFK Center for the Performing Arts in New York City. In addition, he announced on March 11th, 2008 that he had gifted 100 million dollars to the New York Public Library to assist their building project. He is also one of the trustees of the library.

It’s scarcely surprising that Stephen A. Schwarzman has become part of the United States’ elite — last year he was described amongst Time Magazine’s 100 Most Influential People on the planet in recognition of his many achievements. His rise in the business and financial world has been nothing short of miraculous, and coupled with his willingness to support his community through his liberal donations to the liberal arts and education galvanizes those who want to emulate him.

So America awaits Stephen’s next move. On the whole, Stephen A. Schwarzman is an individual who has taken every opportunity offered to him and he has at the same time made excellent use of his money as a way to embetter the lives of his countrymen.

This entry was posted on Wednesday, September 23rd, 2009 at 2:09 pm and is filed under Miscellaneous. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.