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Economics & Business

Stephen Schwarzman

Who

Stephen Schwarzman · Economics & Business

What

Co-founder of Blackstone Group

When

1947, Philadelphia, Pennsylvania, United States

Where

United States

Biography

Stephen Schwarzman is recognized among Jewish contributors to Economics & Business — Co-founder of Blackstone Group

How & why

Stephen Schwarzman co-founded the private-equity and asset-management firm Blackstone in 1985 with Peter Peterson, building it into one of the world's largest alternative-asset managers. He is a prominent philanthropist, funding education and science initiatives, and is Jewish, raised in a Jewish family in Philadelphia. Blackstone's growth made him one of the leading figures in modern finance.

Sources & external links

Verify and go deeper with these external references.

Source: Forbes Billionaire 2025

Contributions & Sources

Co-founder of Blackstone Group

1985

Source: Forbes Billionaire 2025