Nice work if you can get it.
Donors from companies and wealthy families around the world have raised nearly $550 million for a scholarship program promoting U.S.-China relations.
But still probably earned more than 99% of financial markets professionals will in their lifetimes.
With a reported net worth of $11.4bn, you sure can afford to throw a great party.
The Blackstone CEO co-founded a $400,000 startup in 1985 that's now worth $356 billion.
The rise of anti-China sentiment echoed this election cycle led the Blackstone CEO to launch a Rhodes Scholars-like program.
It's not all doom and gloom in the financial markets (at least for some).
Steve Schwarzman, the billionaire co-founder of Blackstone, said a former admission dean of Harvard College later told him it was a mistake to have rejected him as an undergraduate applicant.
The first leader of a public company to be paid more than $1 billion in a single year ?
Dealmaking is not nearly at a high yet, and the mergers and acquisitions cycle is likely only in the fifth inning, Blackstone Group chief Steve Schwarzman told CNBC on Wednesday.