Stephen A. Schwarzman

Stephen A. Schwarzman
  • Joined the Giving Pledge: 01/31/2020 - Read the Letter
  • Estimated Net Worth: $17.2 billion
  • Forbes Rank: Not Ranked
  • Born: 1947
  • Residence: New York, NY

Stephen Allen Schwarzman is an American businessman, investor, and philanthropist. He is the chairman and CEO of The Blackstone Group, a global private equity firm he established in 1985 with former chairman and CEO of Lehman Brothers and US Secretary of Commerce Pete Peterson. His personal fortune is estimated at $17.2 billion as of October 2019. Schwarzman briefly served as Chairman of President Donald Trump's Strategic and Policy Forum.

My philanthropy has brought a tremendous sense of joy and meaning to my life and I anticipate I will find more ways to give back during my lifetime. I’m proud that many of my projects have prompted the philanthropic participation of others, either in terms of giving to the same institution or giving to a similar effort elsewhere.