Damburger

Stephen A. Schwarzman’s story is one of generosity and a strong work ethic. Forbes Magazine listed him as the fifty third richest individual in the United States just last year, but it isn’t just money which makes this story so fascinating but his incredible success in the business and finance sector and his patronage of the liberal arts. The Blackstone Group tycoon is a fabulous role model and his life goes to prove that wealth and success can be achieved through hard work and being unequivocally dedicated to your job. In the eighties Stephen co-founded the Blackstone Group with his partner Peter Peterson, in its early days it was a private-equity and financial advisory firm. Since then, it has evolved into a world leader in mergers and acquisitions, but note that Stephen hasn’t always headed his own company. Spending most of his formative years in near Philadelphia, Pennsylvania, Stephen commenced his early education in the Philadelphia suburbs. When he finished high school Stephen opted for undergraduate study at Yale. Harvard Business School was the next stop on his fast track to success, here he graduated in 1972. Then Stephen joined with Lehman Brothers investment bank, based in Manhattan. Stephen was appointed a managing director at the unusually young age of only thirty one. Stephen Schwarzman served as an assistant professor at the notable Yale School of Management in addition to donating to many charities, education, and the arts. He is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York. Additionally, he proudly announced on March 11th, 2008 that he had bequeathed a hundred million dollars to the New York Public Library to assist their construction plan. Stephen is also one of the trustees of the library. As you would anticipate Stephen Schwarzman has become part of the United States’ elite — As one of Times Magazine’s 100 Most Influential People in the World, Stephen is nowadays in the focus of media attention and influencing people’s lives on a global scale. His mastery of the business community has certainly been nothing short of miraculous, and coupled with his willingness to give back to the community through his liberal donations to the liberal arts and education sets a precedent for those people who are now following his example.

When you consider his knowledge, experience, and dedication, it would seem like there is nothing he cannot conquer. In summary, Stephen has, in retrospect, made a vast difference to both the business and financial communities and the world in general.