Stephen Schwarzman Net Worth

$35 Billion         |         Rank #37

Who is Stephen Schwarzman

Initially a boutique merger-and-acquisition advisory business, Blackstone grew into the world’s largest buyout firm, with $684 billion in assets.
While Peter Peterson (d. 2018) retired shortly after Blackstone’s 2007 IPO, Schwarzman still presides over the business as chairman and CEO.
Schwarzman got his start on Wall Street at Lehman Brothers; he writes in his 2019 memoir about mistakes by management at that firm.
He started his first business, a lawn-mowing operation, at age 14, employing his younger twin brothers to mow while he brought in the clients. Coming from an average or middle class family, Stephen Schwarzman is one those great persons who have stormed their way to the billionaires list on their own. And currently ranks at 37 on billionaires list making him one of the wealthiest ever persons on the planet. He is currently 75.0 years old. As of today, Stephen Schwarzman’s net worth is approximately 35 Billion.

Facts about Stephen Schwarzman

Net Worth:35 Billion
Billionaire Rank:37
Age:75.0
Date of Birth:14-02-47
Gender:Male
Currently Living in:New York, New York, United States
Birth Place:United States
Source of Wealth:investments
JobChairman and CEO at Blackstone Group

To find out what is Stephen Schwarzman Net Worth, how he got there and what is Stephen Schwarzman Salary Per Day, Career, Biography and Childhood details, continue reading below.

Background of Stephen Schwarzman

Stephen Schwarzman was born on 14-02-47 in United States. His Schwarzman Scholars, inspired by the Rhodes Scholarships, sends students from around the world to a one-year master’s program at China’s Tsinghua University. Blackstone is a combination of its founders’ names — “Schwarz” means black in German and Yiddish, while “Peter” means stone in Greek. Being raised in the same country, Stephen Schwarzman spent most of his time in New York in the city of New York.

Stephen Schwarzman net worth is estimated at 35 Billion Billion to date.

 

Stephen Schwarzman investments
Stephen Schwarzman Net Worth

Professional Journey

Stephen Schwarzman is currently working as Chairman and CEO at the world famous Blackstone Group. You will see him often in social media.  The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985. There was a time when he would have embraced the change that was coming.  He is one of the persons who are always trending in news. His Schwarzman Scholars, inspired by the Rhodes Scholarships, sends students from around the world to a one-year master’s program at China’s Tsinghua University. In his youth, he was adventurous but unknown, but that was years ago. Initially a boutique merger-and-acquisition advisory business, Blackstone grew into the world’s largest buyout firm, with $684 billion in assets.
While Peter Peterson (d. 2018) retired shortly after Blackstone’s 2007 IPO, Schwarzman still presides over the business as chairman and CEO.
Schwarzman got his start on Wall Street at Lehman Brothers; he writes in his 2019 memoir about mistakes by management at that firm.
He started his first business, a lawn-mowing operation, at age 14, employing his younger twin brothers to mow while he brought in the clients. He learnt to find the excitement that came with change. That curiosity had long left him to where he had come to loathe anything that put him out of his comfort zone. The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985.
It is to be noted that Stephen Schwarzman is one of the selfmade billionaires in the world and stands at 37 in most wealthy persons in the world.

FAQs

Here are a few most frequently asked questions about Stephen Schwarzman:

How much is Stephen Schwarzman worth?

Stephen Schwarzman’s net worth is estimated to be 35 Billion.

How old is Stephen Schwarzman?

Stephen Schwarzman was born on 14-02-47, and is currently 75.0 years old.

What is Stephen Schwarzman source of income?

Stephen Schwarzman acquires most part of his wealth from investments.
 

Concluding Stephen Schwarzman Net Worth

Currently with a net worth of 35 Billion, Stephen Schwarzman stands at 37 in the world billionaires list. And draws most of his wealth from investments. Hope you like this information about Stephen Schwarzman. If you like this, then please share it with your friends. This above post is all about the estimated worth of Stephen Schwarzman. Do you have any queries? Feel free to ask via comment section.

 

Disclaimer: Please keep in mind that this is an estimated net worth of Stephen Schwarzman. Actual worth may vary a little. You can always get information by checking out Leaktown.com.