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The Latest Breaking News from Stephen Schwarzman

Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $52 billion

Like Jeff Bezos, Sam Altman, and Brad Smith, Stephen A. Schwarzman learned that “Setbacks are terrible, but they also are great teachers.”

Fortune

Who sat next to whom at Trump’s Windsor banquet – and what does it tell us?

US president was next to Princess of Wales while Rupert Murdoch had the ear of Starmer’s chief of staff

The Guardian - UK

Water company bans US billionaire’s new lake being filled during hosepipe ban

Southern Water halts water transportation to billionaire’s lake during drought

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump-supporting billionaire prevented from filling lake on UK estate during drought

Blackstone founder Stephen Schwarzman acted legally, but residents complained to Southern Water

The Guardian - UK

The Trump era has been a bust for private equity—that's one reason PE is turning to retail investors

With private market products, retail may finally get to invest in unicorns.

Fortune

Step inside 'Billionaire's Beach’: From Kenneth Griffin to Donald Trump, this oceanside town is home to 58 billionaires

The wealth of these Palm Beach homeowners totals about $494.7 billion.

Fortune

Blackstone’s annual (deliberately) awful holiday video goes country in 2024

Of COURSE there’s line dancing!

Fortune

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Super-rich making the Hitler mistake?

Germany's business elite thought they could control the demagogue. Steve Schwarzman and Peter Thiel think that now

Salon

Slash and burn: is private equity out of control?

The long read: From football clubs to water companies, music catalogues to care homes, private equity has infiltrated almost every facet of modern life in its endless search to maximise profits

The Guardian - UK

Labour to announce £10bn AI project in Northumberland backed by pro-Trump billionaire

Stephen Schwarzman’s Blackstone Group will fund data centre bringing 4,000 jobs to north-east England

The Guardian - UK

Billionaires are endorsing Trump – but is that a bad bargain for them?

Experts are issuing stern warnings about business support for Trump – it could backfire badly and endanger democracy

The Guardian - US

Blackstone boss Stephen Schwarzman hits newt trouble amid £80m Wiltshire estate revamp

Stephen Schwarzman has been complaining to chancellor Rachel Reeves about the problems he’s been having with the UK’s planning process

The Independent UK

Billionaire Stephen Schwarzman To Support Donald Trump For President

Billionaire Stephen Schwarzman endorses Donald Trump for the 2024 presidential election, citing concerns over the country's direction and policies.

Top News

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The Guardian - UK

L&G opens door for huge US-style bonuses for UK asset managers

Update to pay policy includes room for ‘necessary flexibility’ to attract best talent to London-listed firm

Fortune

Blackstone's Gray shakes off critics of Taylor Swift-inspired holiday video

“As Taylor would say, haters gonna hate. You can’t please everyone,” Gray said.

Fortune

Blackstone will soon be hiring its next crop of first-year analysts. But getting this job is 12x as tough as getting into Harvard

Cracking the code at one of Wall Street’s most elite analyst programs.

Fortune

Paige Ross, global head of HR at Blackstone, offers insights on what the highly selective firm is looking for—and how candidates can stand out

Paige Ross, global head of HR at Blackstone, offers insights on what the highly selective firm is looking for—and how candidates can stand out.

Get all your
news in one place.

100’s of premium titles.
One news app.

Fortune

The top 3 private equity stocks have outperformed the S&P 500 by 9.6% over five years. And they’re cheap right now too

Cash in on a favored investing style—without paying exorbitant fees.

Fortune

A 39-year old CEO was paid more than Apple’s Tim Cook last year

Kiwi Camara earned $110 million in pay last year as CEO of CS Disco, a legal tech company worth just $500 million.

The Guardian - US

The biggest losers in the US midterm elections? Republican mega-donors

Donors like Peter Thiel poured millions into candidates that no amount of money could sell to voters while Mehmet Oz self-funded a failed run

Tribune News Service

Billionaire Republican donor Schwarzman says he will back ‘new generation’ over Trump

WASHINGTON — Blackstone Inc. Chief Executive Officer and Republican megadonor Stephen Schwarzman won’t be backing former President Donald Trump’s bid for a return to the White House, saying it is time for the party to move on.

The Guardian - US

Mick Mulvaney: Donald Trump is the only Republican who can lose in 2024

Former White House chief of staff said his ex-boss’s planned third run for presidency is bad for Republican party

WEKU

Wall Street eager to strike deals with Saudi Arabia, despite political concerns

U.S. executives and billionaire investors are mingling and making deals at a conference nicknamed "Davos in the Desert," even as the White House reevaluates relations with Saudi Arabia.

The Guardian - UK

The Blackstone rebellion: how one country took on the world’s biggest commercial landlord

The long read: The giant asset management firm used to target places where people worked and shopped. Then it started buying up people’s homes. In one country, the backlash was ferocious

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