Tag: Stephen Allen Schwarzman

  • Wall Streets $6 Trillion Man Fink Is Finally Worth $1 Billion

    BlackRock’s Larry Fink owns 0.7 percent of the money manager Schwarzman says unloading BlackRock was a “heroic” mistake Larry Fink, Starbucks coffee in hand, heading down Park Avenue. And there’s Bloomberg Billionaires Index. His holding in BlackRock is valued at $570 million with dividends, stock sales and compensation — $27.7 million in 2017 — making […]

  • Blackstones Crown Prince Built His Career on Bold Real Estate Bets

    Blackstone Group LP. The job sets him up to one day succeed Chief Executive Officer and co-founder Stephen Schwarzman, who’s He did it in part with two audacious bets at what should have been the worst possible moment, just before the real estate crash and financial crisis. In 2007, Blackstone paid $39 billion for Equity […]

  • Carlyle’s Three Founders Take Home $193 Million in 2017 Payouts

    Carlyle Group LP’s David Rubenstein, Bill Conway and Dan D’Aniello pocketed $193 million in combined payouts in 2017, down from $191.3 million in 2017, almost all of which was stock dividends, according to the firm’s 10-K filed Monday. Carlyle earned $641.2 million in distributable earnings last year, up from $625.9 million in 2016. The Carlyle […]

  • BlackRock Seeks $10 Billion to Buy Stakes in Companies

    BlackRock Inc., the world’s largest money manager, is seeking to raise more than $10 billion to buy and hold stakes in companies. BlackRock, which oversees about $6 trillion in assets, is seeking capital from sovereign-wealth funds, pensions and other big investors for an effort named BlackRock Long-Term Private Capital, according to a person familiar with […]