U.S. debt is even worse than it seems, and rising Treasury yields are now an ‘all-hands-on-deck situation,’ top economist warns Trump says he will spend up to $500 million of 'my money' to help Republicans in midterms How to secure edge AI in customer-owned environments | Microsoft Security Blog British army told to stop non-essential training exercises to save money Hugging Face goes from a ‘scrappy’ startup named after an emoji to $13 billion Nvidia acquisition AI visionary Ray Kurzweil is joining a Silicon Valley startup developing a brain computer system that involves snorting nano particles The IRS slashed its staff. One result? More taxes going uncollected Big tech is investing millions in data centers and saving a quick tax buck while doing it—leaving some states collecting revenue loss GoPro joins AI bonanza with pivot into data centers as shares skyrocket 38% The Pentagon is giving 3 million military and civilian workers access to ChatGPT and Grok through a secure AI platform built for ‘warfighter needs’

Stephen Schwarzman

Stephen Schwarzman

Stephen Schwarzman (#42)

Global Rank #42
Country Rank #24
Country United States

Stephen Schwarzman is listed among the world billionaires tracked by Iconic Billionaires.

  • $ 46 B
  • Investments
  • United States
  • M
  • 79 Years

Snapshot

Quick Facts

Global Rank #42
Country Rank #24
Net Worth $46.4B
Previous Worth $46.4B
Worth Change +$0.0B
Country United States
Industry Investments
Age 79 Years
Gender M
Worth As Of May 4, 2026
Last Refreshed 04 Sep 2026, 12:00 AM
Residence New York, New York
World Billionaires List United States Billionaires Investments

Profile Data

Personal Stats

Age 79
Source Of Wealth Investments, Self Made
Self Made Score 8
Philanthropy Score 2
Residence New York, New York
Citizenship United States
Marital Status Married
Children 3
Education Bachelor of Arts/Science, Yale University; Master of Business Administration, Harvard Business School
Net Worth Change +$0.0B +0.0% from previous worth
Previous Net Worth $46.4B
Current Net Worth $46.4B

Worth as of May 4, 2026

About Me

The son of a dry goods store owner, Stephen Schwarzman founded private equity firm Blackstone with fellow billionaire Peter Peterson in 1985. Initially a boutique merger-and-acquisition advisory business, Blackstone has grown into the world's largest alternative asset manager, with more than $1 trillion in assets under management. While Peter Peterson (d. 2018) retired shortly after Blackstone's 2007 IPO, Schwarzman still presides over the business as chairman and CEO. Schwarzman got his start on Wall Street at Lehman Brothers; he wrote in his 2019 memoir about mistakes by management at that firm. He started his first business, a lawn-mowing operation, at age 14, employing his younger twin brothers to mow while he brought in the clients.

Insights

Did You Know?

Blackstone is a combination of its founders' names. "Schwarz" means black in German and Yiddish, while "Peter" means stone in Greek.

His Schwarzman Scholars, inspired by the Rhodes Scholarships, sends students from around the world to a one-year master's program at China's Tsinghua University.

Wealth Growth

Net Worth Growth Over Time

Tracking Stephen Schwarzman's net worth journey over the years, highlighting key growth phases and financial milestones.

Worth Trend Net Worth Growth
Period Change Worth Movement
Current Net Worth: $46.4B (May 4, 2026)

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