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If you haven’t come across Steve Schwarzman, take a little time and have a look at this. Last year Steve was listed as the 53rd most well-off person in America by Forbes Magazine, all the same it’s not merely money that makes this story so gripping but also Steve’s astounding rise to power in the business sector and his generosity to education and the arts. This goes to show that the most crucial character traits in succeeding in business are devoted work and, of course, unequivocal determination. In 1985 he launched the Blackstone Group with his business partner Peter Peterson, to start with it was a private equity and financial advisory business. The business has since gone from strength to strength and is now a veritable market giant in mergers and acquisitions.

Steve grew up in surburban Philadelphia. He graduated from Abington Senior High School, next he got his bachelor’s degree from Yale University in 1969. Harvard Business School near Boston, Massachusetts was the next step in his education, where he received his MBA in 1972. Then he commenced his career at Lehman Brothers investment bank, situated in New York City. Before celebrating his thirty second birthday, Steve was already a managing director. Steve Schwarzman donates to a diversity of educational programs as well as serving as an adjunct professor at the influential Yale School of Management. Beyond this, he is Chairman of the Board of Trustees at the John F. Kennedy Center for the Performing Arts in NYC. Additionally, Steve recently presented to the New York Public Library $100 million to assist in their construction program. He also serves them as a trustee. Thus, American society looks to Steve Schwarzman as a role model — he was mentioned as one of Time Magazine’s 100 Most Influential People on the planet in acknowledgement of his achievements and influence in the financial world. His meteoric rise to power in the financial world is nothing short of astounding, not to mention the fact that his constant support of the liberal arts and education has undoubtedly encouraged the business world in general.

As far as the people of America can see, Stephen A. Schwarzman has it all. On the whole, Steve Schwarzman has made a vast difference to the business and financial communities and to the world at large.

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