Stephen Schwarzman

Stephen Schwarzman Net Worth : $10 Billion 

Stephen Schwarzman is an American businessman and a self-made billionaire. He has been serving as the Chairman of Blackstone Group, which he co-founded in the year 1985 with $400,000 as the only capital in the balance sheet. Currently, the firm manages up to $266 billion in assets. For the first time since 2007, the shares soared in a year, beating the company’s IPO price of $31 billion. 

This helped to push Schwarzman’s fortune by $2 billon. Schwarzman has invested in properties, including a palatial estate in the Hamptons, Tropez, a Park Avenue apartment, a Villa in Jamaica and Palm Beach.  

In 2008, this avid philanthropist donated a total of $100 million for the New York Public library. He currently plans to spend another $100 million towards starting a Rhodes Scholar-like program. 

This is aimed at sending at least 200 students every year from all over the world to China to study at Tsinghua University. In addition to that, Schwarzman is helping to raise another $200 million for the program which earned the approval of President Obama and Chinese President Xi Jinping. 

Schwarzman has a Master of Business Administration from Harvard University and a Bachelor of Arts / Science from Yale University. The billionaire and philanthropist is married with three children. Together with his wife, they send hundreds of children to schools within New York each year.

Press Like If You Learnt Something New : )

"If I have seen further than others, it is by standing upon the shoulders of giants." Isaac Newton

The material in this site is purely for educational purposes only. In creating this side we have sourced info from many sites and would like to give credit to where it is due.We do not intend to infringe any website's copyrighted material and we use the information for educational purposes and use information that are public in nature and hopefully protected by freedom of information laws. Also, when I created this website years ago, I took many pictures from the internet that may infringe your copyright. I will be slowly taking all these down and if the picture that belongs to you or your company is still there, please drop me an email and I will remove the pictures. If you found that any article in this website infringe your rights please let us know and we will take it down. Thanks.


Forbes (The ultimate site for billionaire rankings)

CelebrityNetWorth (The ultimate site for net worth of celebrities)

TheRichest (Great site for things about money and rich people)

Wikipedia (Greatest site on earth for lots of information)