Soropa Blog

Here is Stephen Schwarzman’s story. Forbes placed him as the fifty-third most well-to-do individual in the United States of America just last year, but it is his incredible rise to power in the business and finance world in addition to his generosity to society which make this story something awesome. This Blackstone Group tycoon is a one-of-a-kind role model and his life demonstrates that commitment and hard work are crucial in achieving success. In the eighties Stephen co-founded the Blackstone Group with his business partner Peter Peterson; initially as an equity management and financial advice firm. Obviously, the Blackstone Group is now one of the most lucrative M & A firms in America. Having called the Philadelphia suburbs home for much of his childhood and adolescence, Stephen A. Schwarzman went to high school in the Abington School District. When he finished high school he chose undergraduate study at the acclaimed Yale University in Connecticut. He took on a program of post-graduate study at the Harvard Business school in Cambridge, MA. Next he became part of the team at Lehman Brothers. By the age of 31, he had been appointed a director.

Not only does Stephen offer his time to a broad range of charitable organizations, but additionally he has also been a part-time professor at Yale. He is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York. Additionally, he announced in March of 2008 that he was giving $100 million to the New York Public Library to help in financing their expansion. They also called one of their new buildings the “Stephen A. Schwarzman Building”.

That’s why, the elite of America look to Stephen A. Schwarzman as a role model: As one of Times Magazine’s 100 Most Influential People alive today, Stephen is nowadays in the center of media attention and impacting business and finance globally. His swift rise in the financial sector is nothing short of spectacular, and his readiness to give to the community as illustrated by his generous gifts to the liberal arts and education projects galvanizes those who are inspired by him.

As far as the people of the United States can see, Stephen can do no wrong. All in all, Stephen Schwarzman has, in retrospect, made a tremendous difference to both the business and financial communities and the world in general.