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If you haven’t heard of Steve Schwarzman, you must have been hiding below a rock for the last few years. Only last year Steve Schwarzman ranked 53 on the list of the richest individuals in the country, but it’s not money that makes this story fascinating but Steve’s undreamt of rise to power in the business industry and his patronage of the liberal arts. All this illustrate that the keys to business attainment are working hard and, of course, determination.

The Blackstone Group was launched by Steve Schwarzman and his business partner Peter Peterson as a firm offering top of the market investment advice and private equity management. The firm has since since expanded apace and is now massive in the M&A sector. Living for many of his childhood years in near Philadelphia, PA, Steve commenced his schooling in suburban Philadelphia. When he graduated from high school he went on to study further at the exalted Yale University in Connecticut and received his bachelor’s degree in 1969. Afterwards, he went on to advance his training at the widely respected Harvard Business School, graduating in 1972. After Yale he became part of the corporate team at the well-known investment bank Lehman Brothers. By the age of 31, he had already been appointed a managing director.

Not only does Steve give of his time and money to a variety of charitable organizations, but he has also been a non-faculty professor at Yale. He is the Chairman of the Board of Trustees of the JFK Center for the Performing Arts in New York, New York. On top of all that, Steve just last March donated to the New York Public Library 100 million dollars to fund their recent construction plans. Steve also serves them as a trustee. It is scarcely surprising that Stephen A. Schwarzman is now one of America’s elite — Times Magazine in 2008 appointed Steve as one of the one hundred most influential individuals on earth. His quick rise to power in the business and financial sectors is for certain spectacular, not to mention the fact that his ample support of the liberal arts and educational programs has undoubtedly encouraged the business world at large. With all his dedication and his generosity of spirit, it appears as if there is nothing he can’t do. To sum up, we discover a man who has grasped each and every business opportunity which came his way, however, in return he has equally used his money and status as a means to better the lives of his fellow Americans.