The story of Steve Schwarzman is one of altruism and a strong work ethic. In 2008 Steve made fifty-three on Forbes’ list of the most well-to-do individuals in America, however it’s his patronage of the arts and education and his outstanding achivements that show him to be such a captivating character. Steve’s incredible story has inspired people all over the world and it serves as a reminder that no matter what your circumstances are you can become a success through only a modicum of perseverance. Stephen A. Schwarzman and Peter Peterson set up the private equity management and financial advisory firm Blackstone Group in 1985. The company has since developed quickly and is now setting the standard in M&A. Spending most of childhood and adolescence in Pennsylvania, Steve commenced his early education in suburban Philadelphia. After graduating from high school he opted to study at the highly esteemed Yale University and was awarded his degree in 1969. Harvard Business School near Boston, MA was the natural next step in his education, where he graduated in 1972. Once he had finished his time at college, Steve commenced a career at Lehman Brothers investment bank. Before celebrating his thirty second birthday, he was already on the board of directors. Steve doesn’t solely give of his time to a variety of charitable organizations, but additionally he has also served as a part-time professor at Yale. Moreover, he is the Chairman to the Board of Trustees of the John F. Kennedy Center for the Performing Arts in New York. And, to return even more to his community, Steve just last spring presented to the New York Public Library 100 million dollars to help fund their building project. Steve also serves on their board of trustees.
This is why, America’s elite look at Steve as a role model: he was described amongst Time Magazine’s 100 Most Influential People on the planet in recognition of his many achievements and influence in the business world. His supremacy in the business world has been nothing short of miraculous, and coupled with his readiness to support the community as illustrated by his unstinting donations to the arts and education programs is positively inspiring to those people who wish to emulate him. With his industry knowledge and dedication, it looks like there’s nothing he cannot attain. To summarize, Steve Schwarzman has, in retrospect, been a tremendous influence on the business and financial communities and the world generally.