The Lucky Cabin

Steve Schwarzman’s story is one of altruism and dedication. In 2008 Steve Schwarzman made fifty-three on the list of the most wealthy people in the U.S.A., but it’s his phenomenal success in the financial sector as well as his generosity to non profit organizations that set this story apart from the crowd. This goes to show that the greatest qualities in achieving success are work plus perseverance.

Stephen A. Schwarzman and Peter Peterson established the private-equity management and financial advisory company Blackstone Group in the eighties. These days the Blackstone Group is known worldwide with ventures as different as Legoland and Celanese, to name but two.

Living for most of childhood in near Philadelphia, PA, Steve commenced his schooling in suburban Philadelphia. He went on to get his degree from Yale University in 1969. After that, he opted to advance his training at the well known Harvard Business School, receiving his Master’s degree in Business Administration in 1972. Once he had concluded his education, Steve started a job at Lehman Brothers investment bank. By the very young age of 31, he had already been appointed a managing director. Stephen A. Schwarzman served as an associate professor at the venerable Yale School of Business Management and also supports a number of charities, educational programs, and the liberal arts. Moreover, he is the most recently appointed Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York City. In addition, he told the public in March of 2008 that he had given a hundred million dollars to the New York Public Library to help in financing their expansion. He is also one of the trustees of the library.

So you won’t be too surprised to learn, America’s elite look to Steve Schwarzman as a role model - As one of Times Magazine’s 100 Most Influential People alive, Steve is now in the center of media attention and impacting economics globally. His quick rise to power in the financial industry is certainly amazing, and no doubt his generosity has given business tycoons an unprecedented new standard to follow in future. So the business community waits with baited breath to see what Steve will do next. Stephen A. Schwarzman is no doubt a fascinating businessman who has made his mark on the United States and the business community worldwide.