Like other wealthy men, Stephen Schwarzman’s net worth fluctuates constantly due to changes in asset value, investments, and other factors.
Recent statistics suggest Stephen Schwarzman’s net worth is $32 billion. Together with Peter Peterson, he founded the Blackstone Group in 1985.
Blackstone is one of the largest investment firms in the world, and Stephen has collected over 7 billion dollars from dividends and stock sales to date. This has been the primary source of his wealth over the years.
If you’re looking for one of the most prosperous people in business, then Stephen is the perfect example. His investment in several successful companies earned him a spot among the top 50 wealthiest billionaires in the world.
Stephen Schwarzman was born in Philadelphia, Pennsylvania, on February 14, 1947. His parents were Arline and Joseph Schwarzman.
He graduated from high school in 1965 and attended the University of Yale, where he obtained his first degree in 1969. He proceeded to Harvard Business School and graduated in 1972. Here are other details about his life:
When calculating net worth, the liabilities and assets are calculated separately. Then, the liability is subtracted from the Assets. Mathematically, Net Worth = Assets – Liabilities.
We must be informed about our net worth because it helps in the following areas.
Stephen Schwarzman’s net worth is $32 billion as of October 2023. If you want to calculate your net worth, you can easily do so by using our net worth calculator.
We’ve covered Stephen Schwarzman’s net worth, business, and family life. Aside from the fact that he’s a businessman, Stephen Schwarzman is a philanthropist and a Republican.
He wrote a book titled “What It Takes: Lessons in the Pursuit of Excellence,” in which he shared lessons and advice for achieving success in various aspects of life.
Make your money do more.
Offers shown here are from third-party advertisers. We are not an agent, representative, or broker of any advertiser, and we don’t endorse or recommend any particular offer. Information is provided by the advertiser and is shown without any representation or warranty from us as to its accuracy or applicability. Each offer is subject to the advertiser’s review, approval, and terms. We receive compensation from companies whose offers are shown here, and that may impact how and where offers appear (and in what order). We don’t include all products or offers out there, but we hope what you see will give you some great options.
Blackstone is a global investment company investing capital for individuals, insurance companies, pensioners, institutions, and private and public sectors.
Blackstone has numerous investments in companies across different industries. With over 200 companies and about half a million employees worldwide, some notable investments by Blackstone include Rivinitiv, Bumble, Hilton Worldwide, and Vivint Smart Home.
Stephen Schwarzman has two children, Teddy and Zibby Schwarzman, from his ex-wife, Ellen Philips.