The Transmission Outfit

The Transmission Outfit
Making things move




Stephen A. Schwarzman — the Man behind the Blackstone Group’s Unbelievable Success

Here is the story of Stephen Schwarzman. In 2008 Stephen placed number 53 on Forbes’ list of the richest people in America, however it is his significant accomplishments in the business and finance sector in addition to his contributions to society which make this story so awesome. Stephen’s life story has inspired a lot of people worldwide and in addition it serves as a reminder that no matter what your specific background is you can be successful through hard work and dedication.

In 1985 Stephen Schwarzman and Peter Peterson founded their firm extending sound financial advice. In the course of time, it has become a world leader in m&a; but Stephen did not start out running his own enterprise. Spending many of his formative years in Pennsylvania, Stephen got his schooling in the Philadelphia suburbs. Subsequent to finishing high school he was accepted for an undergraduate program of study at the widely respected Yale University in Connecticut. Harvard Business School was the next stop on his road to success, here he received his MBA in 1972. After Yale he would join the team at Lehman Brothers. By his thirty second birthday he was already a managing director.

Stephen A. Schwarzman served as an assistant professor at the widely esteemed Yale School of Management as well as supporting many charities, educational programs, and the liberal arts. He serves as the Chairman of the Board of Trustees of the John F. Kennedy Center for the Performing Arts in New York, New York. In addition, Stephen recently donated to the New York Public Library 100 million dollars to back their construction project. In fact, the NYPL called their new extension the “Stephen A. Schwarzman Building”.

It’s scarcely surprising that Stephen A. Schwarzman is now one of the United States’ elite — As one of Times Magazine’s 100 Most Influential People in the World, Stephen is now widely followed by the media and influencing economics all over the globe. His quick rise to power in the business and financial sectors is for certain stunning, not to mention the fact that his support of music and the arts has encouraged the business community in general. As far as the people of the United States can see, Stephen can do no wrong. Stephen Schwarzman is undoubtedly a captivating business person who has made his mark on the United States of America and the business community that serves it.

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