This is the success story of Stephen A. Schwarzman. In 2008 Steve was ranked the 53rd most wealthy in the US by Forbes Magazine, but it’s not money which makes this tale so absorbing but his unbelievable rise to power in the business and finance industry and his patronage of the liberal arts. The Blackstone Group financial giant is inspiring and further proof that wealth and success can be attained through putting in the hours and being really centered your goals. Steve Schwarzman and Peter Peterson established the private-equity management and financial advisory company Blackstone Group in 1985. The business has since grown from strength to strength and is now colossal in m&a.

Spending most of childhood in near Philadelphia, PA, Steve got his schooling in the Philadelphia suburbs. He graduated from Abington Senior High School; his next step was to get his degree from Yale University in 1969. He set about taking a program of post-graduate study at the distinguished Harvard Business school near Boston, MA. Then he commenced his career in earnest at Lehman Brothers investment bank, situated in New York, New York. By the age of 31, he was already a director.

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Steve Schwarzman offered his time as an adjunct professor at the renowned Yale School of Management and also supports many charities, educational programs, and the arts. Moreover, he is Chairman of the Board of Trustees of the JFK Center for the Performing Arts. In addition, he told America with pride on March 11, 2008 that he was presenting $100 million to the New York Public Library to help in financing their expansion. They also named their new extension the “Stephen A. Schwarzman Building”.

Stephen A. Schwarzman is now an inspiration to successful financiers - Times Magazine in 2008 listed Steve Schwarzman as one of the 100 most influential individuals in the world. His mastery of the financial industry has been miraculous, and coupled with his willingness to donate to his own community as illustrated by his ample contributions to the liberal arts and education encourages people who would like to emulate him.

So America waits in anticipation to see what Steve will do next. In summary, Steve Schwarzman has, in retrospect, had an important influence on both the business and financial communities and to the world as a whole.

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