One Successful American - Steve Schwarzman
Here in brief, is Stephen A. Schwarzman’s story. In 2008 Stephen A. Schwarzman was placed fifty three on Forbes’ list of America’s most wealthy individuals, still it is his tremendous achievements in the financial sector and also his generosity to non profit organizations which set his business-man apart. This Blackstone Group top executive is an inspiration and his life demonstrates that success may be attained through working hard and being really committed to your job.
In the eighties Stephen founded the Blackstone Group with Peter Peterson, initially as a private-equity and financial advisory company. In the years to follow, it has become a world leader in M & A; but note that he didn’t start out running his own business.
Stephen grew up in surburban Philadelphia. He graduated from Abington Senior High School, his next step was to get his degree from the legendary Connecticut University, Yale in 1969. He set about taking an Master’s degree in Business Administration at the well-known Harvard Business school near Boston, MA. Once he had finished his time at college, Stephen started his job in investment banking. By the extremely young age of 31, he had already been appointed a director. Not only does Stephen offer his time and money to a broad range of not-for-profit organizations, but in addition he has also served as a part-time professor at Yale. To illustrate his wide range of engagement, he is the 5th Chairman of the Board of Trustees at the John F. Kennedy Center for the Performing Arts. On top of all that, he told the American public on March 11th, 2008 that he had bequeathed $100 million to the New York Public Library to assist their construction plans. He also serves on their board of trustees.
This is why, American society looks at Stephen A. Schwarzman as a role model - he was named as one of Time Magazine’s 100 Most Influential People on earth in recognition of his world-wide influence on business and finance. His supremacy in the financial sector has unquestionably been nothing short of spectacular, and his willingness to give to his community through his unstinting gifts to the liberal arts and education stimulates those who want to emulate him. It seems that at present, Stephen Schwarzman can do no wrong. On the whole, Stephen A. Schwarzman has, in retrospect, made an astronomical difference to both the business and financial communities and the world as a whole.
