One of the biggest alternative investment businesses in the world, Blackstone, was co-founded by Stephen A. Schwarzman, who now serves as its chairman and CEO. A self-made billionaire, he was instrumental in establishing Blackstone as a major force in the world of private equity. Schwarzman, who is renowned for his keen business sense, has managed multibillion-dollar transactions in the fields of technology, banking, and real estate. His leadership philosophy is revealed in his 2019 memoir, What It Takes. In addition to his financial contributions, he is a significant philanthropist who has donated billions to the arts and education. He is firmly established as one of the most significant personalities on Wall Street by his legacy.
Table of Contents
Stephen A. Schwarzman Net Worth
Through his leadership in private equity, Stephen A. Schwarzman, co-founder and CEO of Blackstone, has accumulated a sizeable fortune. Forbes values his net worth at $45.8 billion as of March 25, 2025. He is now one of the richest people in the world as a result. Schwarzman’s position as a major player in international finance has been cemented by his financial savvy, which has been essential to Blackstone’s expansion.
Stephen A. Schwarzman Age
Born on February 14, 1947, Stephen A. Schwarzman is currently 78 years old. He has been instrumental in forming the global private equity scene as the co-founder, chairman, and CEO of Blackstone. Over the course of his decades-long career, Schwarzman has managed a number of noteworthy transactions and helped Blackstone become a preeminent investment business. He is a seasoned and significant person in international finance, as evidenced by his age, which indicates a lifetime of expertise and leadership in the financial industry.
Stephen A. Schwarzman Wife
Blackstone’s CEO and co-founder, Stephen A. Schwarzman, has been married twice. He married Ellen Philips, a trustee of Mount Sinai Medical Centre and Northwestern University, in 1971. Zibby Owens, a writer and podcaster, and Teddy Schwarzman, a film producer, were the couple’s two children. In 1990, their marriage terminated in divorce. In 1995, Schwarzman wed Christine Hearst, a Long Island, New York-based intellectual property lawyer. Alongside Schwarzman, Christine, who has a single kid from a prior marriage, has been actively involved in a number of charitable initiatives.
Stephen A. Schwarzman Family
Co-founder of Blackstone Stephen A. Schwazman has been deeply influenced by his family. Teddy Schwarzman, a film producer, and Zibby Owens, a writer and podcaster, are his two children from his previous marriage to Ellen Philips. He wed Christine Hearst in 1995 following their 1990 divorce. Intellectual property lawyer Christine has a child from a past marriage. Schwarzman has a demanding profession in finance, yet he nevertheless keeps close family ties and actively participates in philanthropy with his wife, supporting medical research, the arts, and education.
Stephen A. Schwarzman’s Daughter
Zibby Owens, the daughter of Stephen A. has made a name for herself as a writer, podcaster, and businesswoman. A well-known personality in the literary community, she broadcasts the well-liked podcast Moms Don’t Have Time to Read Books, where she talks about literature and conducts interviews with authors. In addition, Owens founded the independent publishing business Zibby Books. She has chosen a creative profession and established a strong presence in the publishing sector despite her father’s success in banking. By her efforts, she has distinguished herself from the Schwarzman financial legacy and established herself as a reputable voice for authors and readers.
Stephen A. Schwarzman Business
One of the biggest alternative investment businesses in the world, Blackstone, was co-founded by Stephen A. Schwarzman, who now serves as its chairman and CEO. Blackstone began as a modest private equity business in 1985 and has since expanded to become a major worldwide player, managing hundreds of billions of dollars’ worth of assets in hedge fund, credit, real estate, and private equity solutions. Blackstone is a powerful force in international finance thanks to Schwarzman’s strategic vision and deal-making skills. His image as one of the most significant players in private equity and investing has been cemented by his leadership, business savvy, and ability to handle market fluctuations.
