The Unbelievable Tale of Stephen A. Schwarzman
The story of Stephen A. Schwarzman is one of altruism and dedication. A year ago Stephen made number fifty-three on the list of America’s richest people, but it is his exceptional rise to power in the business and finance world and his donations to society which set his man apart. Stephen’s life story has motivated people all over the world and he has utilized his wealth to improve many people’s lives as well. In the mid-eighties Steve established the Blackstone Group with his business partner Peter Peterson, at first it was a private-equity management and financial advice firm. At this point in time the Blackstone Group is an industry giant boasting ventures as variegated as e.g. Graham Packaging and the Hilton Hotels Group.
Having called the Philadelphia area home for much of his childhood, Stephen A. Schwarzman attended high school in the Abington School District. He went on to graduate from Yale University in 1969. Harvard Business School was the next stop on his road to success, here he graduated in 1972. Then Stephen joined at Lehman Brothers investment bank, situated in New York, New York. Steve was assigned the role of managing director at the age of only 31. Stephen doesn’t simply offer his time and money to a variety of not-for-profit organizations, but he has also been a part-time professor at Yale. Further, he is Chairman of the Board of Trustees at the JFK Center for the Performing Arts. What is more, he told the public on March 11th, 2008 that he was bequeathing $100 million to the New York Public Library to sponsor their expansion plans. In fact, the NYPL named one of their recently built buildings after him. As you’d expect Stephen Schwarzman is now one of America’s elite — he was identified amongst Time Magazine’s 100 Most Influential People on earth in recognition of his worldwide influence in finance. His rise in the business community has been miraculous, not to mention the fact that his continuous support of the liberal arts and educational programs has undoubtedly encouraged the business world at large.
When you consider his dedication and his generosity of spirit, it would seem that there isn’t anything he can’t attain. In summary, Stephen has taken advantage of every last opportunity given to him, but he has at the same time made exemplary use of his fortune to embetter the lives of his countrymen.
