Billionaire Stephen Schwarzman can buy just about anything he wants — except the right to rename his old high school.
WHEN: Tuesday, January 23, 2018
"That doesn't mean that all regulation is bad, but there's a certain balance," Stephen Schwarzman said Friday.
Blackstone Group, the asset manager run by Stephen Schwarzman, will shutter a mutual fund that allocates money to hedge fund managers as the vehicle’s main backer, Fidelity Investments, is pulling out.
The next time Stephen Schwarzman is seen dining at The Four Seasons restaurant, he might be concerned patrons will be looking at his feet.
But salaries top out at a few hundred thousand dollars a year.
Stephen Schwarzman thinks the drop in energy prices is creating "wonderful, wonderful" options for investors.
The top 10 guys in this area took home $1.7bn in 2013
Stephen Schwarzman, the billionaire chairman of Blackstone Group, is setting up a $300m scholarship for foreign students to attend China’s Tsinghua University, the alma mater of senior officials including President Xi Jinping.
"Blackstone is now the largest owner of individual houses in the United States," CEO Stephen Schwarzman said on CNBC Monday.