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Stephen Allen Schwarzman (born February 14, 1947) is an American businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was chairman of President Donald Trump's Strategic and Policy Forum. [1]
Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [2]: 45–56 [3] The founders derived their firm's name from their names: "Schwarz" is German for "black"; "Peter", "petros" (πέτρος, masculine), or "petra" (πετρα, feminine) means "stone" or "rock" in Greek.
In 2013, Stephen A. Schwarzman announced a $100 million personal gift and $200 million fundraising campaign to build and endow Schwarzman Scholars, an elite international scholarship program at Tsinghua University in Beijing. [citation needed] Over $575 million has been raised to date, from a coterie of global donors. [18] [19] [20] [21]
The Stephen A. Schwarzman Building (commonly known as the Main Branch, the 42nd Street Library, or just the New York Public Library [b]) is the flagship building in the New York Public Library system in the Midtown neighborhood of Manhattan in New York City. The branch, one of four research libraries in the library system, has nine divisions ...
Zibby Owens was born Elizabeth Schwarzman, the daughter of Stephen A. Schwarzman, co-founder, chairman, and CEO of The Blackstone Group, and Ellen Katz, a trustee of Northwestern University and the Mount Sinai Medical Center.
This is a list of the wealthiest Americans ranked by net worth.It is based on an annual assessment of wealth and assets by Forbes and by data from the Bloomberg Billionaires Index.
Schwarzman is a surname, and may refer to: Alexander Schwarzman (born 1967), Russian international draughts grandmaster; Alice P. Schwarzman, character in the comic strip Doonesbury; Howie Schwarzman (1927–2020), American magician; Marguerite Engler Schwarzman (1892–1985), American librarian, educator, writer, activist
The MIT Schwarzman College of Computing is named after The Blackstone Group chairman Stephen A. Schwarzman, who donated $350 million of the college's $1.1 billion funding commitment. [1] The college's funding sources were met with criticism, with students and staff contrasting MIT's stated emphasis on ethics against Schwarzman's controversial ...