UltraPing Blog

If you haven’t heard of Stephen A. Schwarzman, you’ll find this enthralling. A year ago Stephen ranked fifty three on Forbes’ list of America’s most wealthy individuals, but it’s not money that makes this story intriguing but Stephen’s unbelievable rise to power in the business industry and his patronage of the liberal arts. The Blackstone Group tycoon is a marvelous role model and further proof that dedication and hard work are the real keys to achieving success.

Stephen Schwarzman and Peter Peterson established the equity management and financial advisory firm Blackstone Group in the mid-eighties. The group has gone from strength to strength and nowadays is a veritable market giant in mergers and acquisitions.

Having called the Philadelphia suburban area home for much of his childhood and adolescence, Stephen A. Schwarzman went to school in the School District of Abington. He went on to graduate from Yale University in 1969. He chose to advance his business education at the famed Harvard Business School, gaining his MBA in 1972. Then he started his career with Lehman Brothers investment bank, located in New York, NY. Before he reached his thirty second birthday, he was already a managing director.

Not only does Stephen offer his time and money to a wide range of non-profit organizations, but additionally he has also been a non-faculty professor at Yale. Moreover, he is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York. Additionally, Stephen only last spring gave the New York Public Library a hundred million dollars to support their building project. They also named their new extension after him.

So you won’t be surprised to learn, America’s elite look at Stephen for encouragement — Times Magazine last year named Stephen as one of the one hundred most influential people on the planet. His rise in the business and financial world has definitely been nothing short of miraculous, not to mention the fact that his generous support of the arts and education has doubtlessly inspired the business community in general. It would seem that at present, Stephen Schwarzman can do no wrong. Stephen A. Schwarzman is undoubtedly a captivating businessman whose influence can certainly be seen in the USA and the business and financial community that serves it.