An American Success Story: Stephen Schwarzman
Stephen A. Schwarzman’s story is one of altruism and hard work. Only last year Stephen A. Schwarzman was placed fifty three on Forbes’ list of the richest people in the United States, yet it’s his extraordinary success in the domain of business not to mention his donations to the arts which set this story apart. Steve’s life story is an inspiration to many people from the children of the well-heeled to those born into poverty and in addition he has made excellent use of his riches to better the lives of numerous people as well. Steve Schwarzman and Peter Peterson established the equity management and financial advisory company Blackstone Group in the mid-eighties. Obviously, the Blackstone Group evolved into the world famous company it is known as now. Steve grew up in the suburbs of Philadelphia. After finishing high school Steve was accepted for an undergraduate program of study at Yale University. He took on a master’s degree in business at the well acclaimed Harvard Business school in Cambridge, MA. Then Steve began his career in earnest with Lehman Brothers investment bank, situated in NYC. Before he celebrated his thirty second birthday, Steve was already on the board of directors.
Steve doesn’t just offer his time to a variety of not for profit organizations, but in addition he has also volunteered as a part-time professor at Yale. To illustrate his wide range of engagement, he is the most recently appointed Chairman to the Board of Trustees at the John F. Kennedy Center for the Performing Arts in New York. And, to return even more to his community, Steve just last March gifted to the New York Public Library $100 million to fund their building project. He also serves them as a trustee. Steve is an inspiration to successful business people: As one of Times Magazine’s 100 Most Influential People in the World, Steve is nowadays in the center of media attention and affecting people on an international scale. His meteoric rise to power in the financial world is certainly amazing, and without a shadow of a doubt his willingness to give back to his community has provided America with a one of a kind new standard to abide by from now on. So the financial space awaits Steve’s next move. In summary, Steve has taken advantage of every business opportunity given to him, however, in return he has at the same time made good use of his wealth and status to do his best to ameliorate his community.
