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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 ...
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. In 2016, Gray was named to Vanity Fair ' s "New Establishment" list. References
Stephen Allen Schwarzman (born February 14, 1947) is an American billionaire 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 briefly chairman of former president Donald Trump 's Strategic and Policy Forum. [1]
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.
Blackstone Inc. companies. This category is for portfolio companies of the private equity investment firm Blackstone Inc. Portfolio companies are those companies that are currently or have been previously owned or controlled by the private equity firm or its affiliate funds. Ownership should be material (i.e. full control, majority ownership or ...
LocusPoint Networks. Categories: Private equity firms of the United States. Hedge fund firms in New York City. Investment companies based in New York City. Hidden category: Wikipedia categories named after financial services companies of the United States.
David Scott Blitzer (born September 7, 1969) is an American investor and sports team owner. He is a senior executive at the private equity firm Blackstone and co-managing partner of the NBA's Philadelphia 76ers and NHL's New Jersey Devils. Blitzer also manages several association football clubs under Global Football Holdings, owns 25% of the ...
American households reported an average retirement account balance of $333,940 and an average net worth of $1.06 million. Read on to see an age-based breakdown of those figures. A person dropping ...