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Blackstone was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman with US$400,000 (equivalent to $1.1 million in 2023) in seed capital. [3]: 45–56 [4] The founders named their firm "Blackstone" using a cryptogram derived from their names: "Schwarz" is German for "black"; "Peter", "Petros" or "Petra" (Πέτρος and πετρα, the masculine and feminine rendering of the word ...
In August 2013, Bloomberg estimated his net worth at just over $1.0 billion due to his owning 40.6 million Blackstone shares valued at $913 million combined with over $120 million in bonuses and salary. [38] In 2016, Gray was named to Vanity Fair ' s "New Establishment" list. [51]
Stephen Allen Schwarzman (born February 14, 1947) is an American businessman. He is the chairman and CEO of the Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson. Schwarzman was chairman of former President Donald Trump 's Strategic and Policy Forum. [1]
As of 2020, over half of the members of Congress were millionaires and the median net worth of members was approximately $1 million. [4] The original documents for each member's disclosure are publicly available on database websites. [5] Since 2009, the salaries per annum of members of the United States Congress have been as follows: [6]
Hamilton E. James. Hamilton Evans " Tony " James (born February 3, 1951) is an American billionaire investment banker. He is the former president, chief operating officer, and executive vice chairman of Blackstone, a New York–based global asset management firm. [1] James has been chairman of the multinational retail chain Costco from August 2017.
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In 1957, Fortune magazine developed a list of the seventy-six wealthiest Americans, which was published in many American newspapers. [6] Jean Paul Getty, when asked his reaction to being named wealthiest American and whether he was worth a billion dollars, said, "You know, if you can count your money, you don't have a billion dollars" and then added, "But remember, a billion dollars isn't ...
The Forbes 400 Richest Americans list has been published annually since 1982. The combined net worth of the 2020 class of the 400 richest Americans was $3.2 trillion, up from $2.7 trillion in 2017. [1] As of March 2023, there were 735 billionaires in the United States. [2]