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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]
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.
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.
Contents 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 ← December January February → The following is a list of notable ...
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
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 16-member board was initially led by Stephen A. Schwarzman, the co-founder of private equity firm The Blackstone Group. Its first meeting was in February 2017. [1] Several of its members resigned within months. In June, Elon Musk resigned to protest Trump's June withdrawal from the Paris Climate agreement. [2]
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