10.14.09
A Rant re Stephen Schwarzman
The story of Stephen A. Schwarzman is one of success and hard work. In 2008 Stephen A. Schwarzman placed number fifty-three on Forbes’ list of the richest people in the US, nevertheless it isn’t money that makes this tale gripping but additionally his undreamt of accomplishments in the business world and his generosity to society. Steve’s biography shows us that the keys to winning in business are work and determination.
In the mid-eighties Stephen A. Schwarzman and his co-founder established their company providing sound financial advice to the American investment community. Nowadays the Blackstone Group is an industry giant boasting holdings as widely spread as e.g. Catalent Pharma Solutions and Graham Packaging, to name but a few. Spending most of childhood and adolescence in near Philadelphia, Pennsylvania, Stephen attended school in suburban Philadelphia. He graduated from Abington Senior High School; and, pushing on from there, obtained his degree from the legendary Connecticut University, Yale in 1969. Harvard Business School was the natural next stop on his road to success, here he received his MBA in 1972. Afterwards he would become part of the investment team at the leading investment bank Lehman Brothers. By his 32nd birthday he was already on the board. Stephen A. Schwarzman volunteered his time as an assistant professor at the elevated Yale School of Business Management in addition to supporting many non-profit organizations, educational programs, and the arts. As another example of his engagement, he is Chairman of the Board of Trustees at the JFK Center for the Performing Arts in New York. In addition, he announced in the spring of 2008 that he had bequeathed 100,000,000 dollars to the New York Public Library to help them extend. They also named one of their new buildings the “Stephen A. Schwarzman Building” in his honor.
It’s not surprising that Stephen Schwarzman is accepted as one of America’s elite — As one of Times Magazine’s 100 Most Influential People alive, Stephen is nowadays in the center of media attention and impacting people globally. His meteoric rise to power in the financial world is certainly stunning, not to mention the fact that his continual support of music and the liberal arts has been an inspiration to those around him.
So the United States waits in anticipation to see what Stephen will do next. Stephen Schwarzman is doubtless an interesting individual who has left his mark on the USA and its business community.
