Here briefly, is the story of Steve Schwarzman. Last year Steve was placed 53 on Forbes’ list of the most well-off people in the United States, however it is his patronage of the arts and his outstanding success that make him such a fascinating person. This goes to show that the most fundamental qualities in a successful life are indeed work plus perseverance.
The Blackstone Group was initially launched by Steve and his partner Peter Peterson as a business offering top of the market financial advice and equity management. Obviously, the Blackstone Group is today among the foremost M & A companies in the financial industry. Steve spent his formative years in the suburbs of Philadelphia. Then he went on to graduate from Yale University in 1969. Harvard Business School was the next stop on his road to success, where he graduated in 1972. After concluding his education, Steve commenced his career in investment banking at Lehman Brothers. By his 32nd birthday he was already on the board.
Steve doesn’t merely give his time to a wide range of not-for-profit organizations, but he has also served as a part-time professor at Yale. Furthermore, he serves as the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York. On top of all that, he announced on March 11, 2008 that he had donated $100 million to the New York Public Library to help them build new premises. They also named one of their recently renovated buildings after him. Hence, it comes as no surprise that, the elite of America look at Stephen A. Schwarzman for inspiration — he was identified amongst Time Magazine’s 100 Most Influential People on the planet in recognition of his global influence on business and finance. His rise in the financial industry has definitely been nothing short of miraculous, and no doubt his willingness to donate to his community has given America a one of a kind new benchmark to try for themselves.
It seems that right now, Steve can do no wrong. So, by way of a summary, Steve has taken each opportunity that came his way, however, he has in the same stride used his riches and status to better the lives of his countrymen.
