If you haven’t come across the incredible story of Stephen A. Schwarzman, this should interest you. Forbes ranked him as the fifty-third most wealthy individual in the country just last year, yet it is his generosity to non profit organizations and his outstanding accomplishments that make him such a absorbing character. Stephen’s story illustrates that the most significant qualities in a successful life are devotion to hard work and, of course, unflagging persistence. In 1985 Stephen co-founded the Blackstone Group with his business partner Peter Peterson; initially as an equity management and financial advice company. The firm has grown from strength to strength and is now an internationally renowned specialist in the m&a field. Spending many of his formative years in Pennsylvania, Stephen got his early education in suburban Philadelphia. He graduated from Abington Senior High School, after that he obtained his bachelor’s degree from the legendary Connecticut University, Yale in 1969. He took on an MBA at the venerable Harvard Business school in Cambridge, MA. Once he had finished his time at college, Stephen commenced his job at Lehman Brothers. Steve was appointed to the boards at the unusually precocious age of thirty one.

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Stephen A. Schwarzman gives financial support to a wide range of educational programs as well as serving as an assistant professor at the prestigious Yale School of Management. To name another example of his engagement, he is the Chairman of the Board of Trustees at the JFK Center for the Performing Arts in Manhattan. In addition, Stephen recently gave the New York Public Library a hundred million dollars to back their recent expansion plans. Stephen is also one of the trustees of the library.

It’s not a surprise that Stephen A. Schwarzman is acknowledged as one of the United States’ elite — As one of Times Magazine’s 100 Most Influential People on the planet, Stephen is nowadays in the focus of media attention and shaping economic development all over the globe. His swift rise in the business and financial sectors is surely astounding, not to mention the fact that his unstinting support of the liberal arts and educational programs has been an encouragement to the business world in general. So the US waits in anticipation to see what Stephen will do next. To summarize, we discover a man who has grasped each and every opportunity that came his way, however, he has at the same time used his status as a way to improve the lives of his fellow Americans.