United StatesCo-founded it
Stephen Schwarzman
Stephen Schwarzman co-founded the investment firm Blackstone with Peter Peterson in 1985 and is its chairman and CEO; his fortune is mostly his Blackstone holdings.
- Forbes estimate
- $44.8B
- Forbes, 9 Sep 2026
- Forbes rank
- No. 47
- 9 Sep 2026
- Stake in Blackstone
- 19%
- Net worth, Bloomberg
- $44.5B
- Bloomberg, 17 Oct 2026
- Born
- 14 Feb 1947
- Philadelphia, Pennsylvania, United States
- Education
- Graduate degree
- BA, Yale University; MBA, Harvard Business School
- Giving Pledge
- Signed in 2020
Where the fortune sits
Blackstone
Blackstone
private equity and alternative investments, founded 1985
37.5% of the votes
Bloomberg: 'about 19% of the publicly traded company, according to the company's 2025 annual report'. The 10-K lists no common shares for him but 231,924,793 Blackstone Holdings Partnership Units, 52.2% of that class
Blackstone Inc. Form 10-K, 20 Feb 2026
Chairman, CEO and co-founder
Other holdings
PJT Partners
4.6% of Class A shares and 10.0% of partnership units; 3.3% of voting power in director elections (proxy, as of 2026-04-20)
Where Stephen stands among 73
Everyone on the site, grouped by their answer. Stephen Schwarzman is outlined.
How the fortune started
Founded it
Founded it 42
Inherited and grew it 12
Built it up 8
Inherited it 6
Through marriage 5
Industry
Finance
Finance 10
Technology 24
Several industries 9
Metals and mining 6
Retail 4
Fashion and beauty 4
Media 3
Food and drink 3
Shipping 3
Crypto 2
Oil, gas and chemicals 2
Healthcare 1
Casinos and resorts 1
Property and sports 1
Giving Pledge
Signed
Signed 11
Not a signer 61
Not stated 1
Education
Graduate degree
Graduate degree 24
Bachelor's degree 27
Left university without a degree 6
No university 5
Not stated 11
Role today
Runs the company
Runs the company 32
Chair, board or owner 25
Founder, no executive role 8
No role 4
Retired 4
The person
- Born
- 14 Feb 1947Philadelphia, Pennsylvania, United States
- Citizenship
- United States
- Lives in
- New York, New York, United States
- Education
- Graduate degreeBA, Yale University; MBA, Harvard Business School
- Parents
- His father owned a dry-goods store in Philadelphia, one of the family's stores going back to his great-grandfather
What they give
- Giving Pledge
- Signed in 2020
- Foundation
- Stephen A. Schwarzman FoundationDescribed as the primary vehicle for his giving
- Lifetime giving
- $1BStephen A. Schwarzman Foundation, 22 Dec 2025. 'Over $1 billion in his lifetime so far', per his foundation; Forbes estimated more than $600 million in December 2020
Role and record
- Role now
- Runs the companyChairman and CEO of Blackstone
- Successor
- None named
- Public office
- Chairman of the President's Strategic and Policy Forum, 2016-2017
- Legal record
- None found
