Stephen A. Schwarzman is best-known for being the chairman of the ‘Strategic and Policy Forum’. In addition to this, Stephen has been known for his other work performance as an investor as well as a remarkable philanthropist. Previously, Stephen has also served at the ‘US Secretary of Commerce Pete Peterson’. According to the Forbes list, Stephen A. Schwarzman is considered the world’s 113th Billionaires. In fact, Stephen is one of the responsible businessmen who has acquired an enormous net fortune with his hard earn passion and dedication throughout. Let us find out the net worth of Stephen A. Schwarzman in 2018.
Early Life & Biography
Stephen A. Schwarzman was born on 14 February 1947 in Pennsylvania in the United States and thus he was born with an American nationality. Originally, Stephen A. Schwarzman was born with the birth name as ‘Stephen Allen Schwarzman’. Stephen belongs to a Jewish family. Stephen Schwarzman was born to father ‘Joseph Schwarzman’ who was a shop owner by profession and mother ‘Arline’ was a homemaker.
Stephen Schwarzman did his schooling from the ‘Abington School District’. Stephen did his graduation from the ‘Abington Senior High School’. Later, Stephen attended the ‘Yale University’. After some time, he has served in the ‘U.S. Army Reserve’. In the year 1972, Stephen attended the ‘Harvard Business School’.
In the year 1971, Stephen A. Schwarzman got hitched to ‘Ellen Philips’ who was the daughter of the Ohio industrialist ‘Jesse Philips’. Stephen’s wife ‘Ellen Philips’ was a researcher by profession. But soon the couple ended up in a divorce. The couple together has two children ‘Teddy Schwarzman’ and the other one is ‘Elizabeth Schwarzman’.
Career, Awards & Nominations
Stephen Schwarzman has first served at the ‘Donaldson, Lufkin & Jenrette’ as a financial serviceman. Next, he worked at the ‘Lehman Brothers’ which was an investment bank. After some time, Stephen has served at the ‘Yale School of Management’ as an adjunct professor. Stephen has also served as a chairman of the ‘Strategic and Policy Forum’. Next, Stephen became the CEO of the ‘Blackstone Group’ which has an estimated worth of millions. In a way, Stephen’s work of experience is gloriously expanded in various infrastructure policies significantly.
Stephen Schwarzman excellent work performance has fetched him the ‘Legion d’ Hononeur of France’.
Net Worth & Earnings
Significantly, Stephen Schwarzman owns a lavish Palm Beach estate which cost him in millions. Stephen also owns and serves as a CEO of the ‘Blackstone Group’. In a way, Stephen is known to be the biggest estate investor according to the Forbes List. He is also tagged as the ‘Billionaires’ in the American Forbes list. The total estimated net worth of Stephen A. Schwarzman is about $14 billion approximately.
In a true sense, Stephen A. Schwarzman is a corporate man whose anticipation in the field of business is enormous and huge. On the other hand, Stephen has also performed many noble deeds by doing charity for the poor and the needy children on a global scale. He has also raised fund and participated in the donation for several charitable organization worldwide.