In 2017, a scammer impersonating Branson stole $2 million from a U.S. businessman who thought he was providing an emergency loan for disaster relief after Hurricane Irma struck the British Virgin. There was a guy named Andrew and this lady who edits a magazine, Cardinal Dolan said in an interview. Christine Hearst Schwarzman is a smart, well-educated intellectual property lawyer. He wore a simple black tuxedo. But shes not just a trophy wifeeven though shes pretty easy on the eyesshes an intellectual property lawyer in her own right. He could have ended up like most guys from a privileged background. The comment is rumored to have tanked his administration dreams. Christine Hearst Schwarzman is an attorney registered with New York State, Unified Court System, Office of Court Administration, admitted in 1991. The organization they established, the Broad Foundation, has funded high-quality charter schools, stem-cell research centers and museums such as The Broad, in downtown Los Angeles. document.getElementById("ak_js_1").setAttribute("value",(new Date()).getTime()); For requests, complaints, suggestions or queries, contact us via E-mail below, Justine Musk Net Worth, Novels, Books, Wiki, Age Elon Musk Wife , Anupama Nadella Wiki, Family, Age, Caste Satya Nadella Wife Bio, Melanie Craft Wiki, Age, Bio, Net worth ( Larry Ellison Wife ) Divorce, Rebekah Paltrow Neumann Wiki, Age, Bio, Parents, WeWork Net Worth, Mackenzie Bezos Wiki, Age, Children, Net worth, House, Height, Wedding, Marina Acton Net Worth, Husband, Age, Ukraine Who is She Wiki Bio, Ted Jorgensen Wikipedia, Death ( Jeff Bezos Father Dad ) Age, Bio, Died. Schwarzman said. Under Schwarzmans leadership, it quickly grew into the largest buyout firm in the world, with $439 billion in assets. In 2020, they donated $25 million to the Senate Leadership Fund, a super PAC committed to electing a. Not all the publicity the church receives is positive, so it came as a relief to hear that the exhibit was being underwritten by his old friend Mr. Schwarzman. Schwarzman, an out- and- proud Republican, is a long- time friend and supporter of President Trump. [60], In June 2019, the University of Oxford announced that Schwarzman had donated 150 million to establish the Schwarzman Centre for the Humanities, due to be completed for the university's 202425 academic year. Christine Hearst Schwarzman (m. 1995), Ellen Philips (m. 1971-1990) Children: Yes (3 childrens) Dating/Girlfriend (Name): N/A: Is Stephen A. Schwarzman Gay? At 14 years old, he embarked on his first business venture: a lawn-mowing service with two part-time employees --his younger twin brothers. Poland? With a total of $1 billion committed to its development, the college represents the largest investment in AI and computing by any academic institution in the world. What happened to Christie Hearst Schwarzman? He will assume his Kennedy Center responsibilities immediately. Not C.H.S. The media-shy Christine is quite brash, the source said, and knows how to get things done. Christine Hearst, a lawyer, and Stephen A. Schwarzman, the investment banker, were married on Friday at the bridegroom's apartment in New York. Christine Schwarzman and Stephen Schwarzman Angela Pham/BFA.com. In the 1990s, she worked at Cowan, Liebowitz & Latman. For instance, Schwarzman recalls reading about a runner who injured her leg while training for the Olympics and wanting to help, since he had been a runner himself. She's also quite the . Between 2013 and 2017, it provided more than $400 million to the troubled real estate projects of Mr. Trumps son-in-law, Jared Kushner. Hes one of TIMEs most influential people, 12. [63][64], In October 2020, Schwarzman pledged to give $8 million to the USA Track and Field Foundation in the runup to the 2021 Tokyo and 2024 Paris Olympics.[65]. [32], In early 2016, he said that in a two-candidate race he would prefer Donald Trump to Ted Cruz, saying that the nation needed a "cohesive, healing presidency, not one that's lurching either to the right or to the left. . Mr. Schwarzman's courtship did not take long. That was its own kind of a leveraged buyout. Ms. Versaces clothes are prominently featured in the galleries. People should just be grateful, she said. And when they need an example of unadulterated private equity greed, the self-made Schwarzman with his estimated $7.3 billion net worth is their go-to guy. Among the philanthropists who have inspired him is Eli Broad, the billionaire behind KB Home, the first homebuilder traded on the New York Stock Exchange, and SunAmerica, the retirement-savings firm acquired by AIG. It demonstrates our thankfulness to Steve.. Mr. and Mrs. Schwarzmans friends at the archdiocese are happy. Christine Hearst Schwarzman is Chairman/Founder at IP Network.com. The Getty Images design is a trademark of Getty Images. Streamline your workflow with our best-in-class digital asset management system. Blackstone declined to comment for this story. [51] Schwarzman simultaneously announced a fundraising campaign with a goal of $200 million. Then, days later, they were welcoming Pope Francis to Our Lady Queen of Angels School in East Harlem. According to Mr. Thomas, Mr. Salovey is right to argue that Mr. Schwarzman is one of many people at Yale with a space named in his honor. (All the people involved declined interviews.). Second: Mr. Schwarzman is famously brash, a 5-foot-6-inch bundle of testosterone who in 2008 described his business philosophy by saying, I want war not a series of skirmishes. This has extended not only to his rivals at competing firms, but also at times to those closest to him. Admist the chaos, C.H.S. While a student, Schwarzman was a member of the same Skull and Bones secret society as George W. Bush. Hes been awarded the Lgion dHonneur, 13. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. A little over the top for a proposal to make hedge-fund managers pay their fair share in taxes, one attendee commented. Stephen is known to be greatly charitable and has made several contributions to various organizations which help support social and educational causes in the United States and throughout the world. The award was created in 1933 by then president Abelardo L. Rodrguez to recognize the services given to Mexico or humankind by foreigners. Hes a recipient of the Order of the Aztec Eagle, 16. I fixed them up, said Debbie Bancroft, a party scene fixture and a contributor to Avenue Magazine. After graduating from Yale in 1969, Schwarzman served a brief stint in the army before completing his MBA at Harvard Business School. He wasnt a fan of Obamas presidency. Christine Hearst, a lawyer, and Stephen A. Schwarzman, the investment banker, were married on Friday at the bridegroom's apartment in New York. It wasnt supposed to work out like this. Are you interested by to know What is Stephen Schwarzman Net Worth, If sure? Later it was owned by Saul Steinberg, who sold it to Mr. Schwarzman after Mr. Steinbergs company, the Reliance Group, went into bankruptcy. Hes also the newest Capitol Hill villain. Rod Stewart and Patti LaBelle performed. Stephen Allen Schwarzman is an American investor, financier and business tycoon. Schwarzman and his wife, Christine Hearst Schwarzman, gave over $35 million to candidates in the 2020 election cycle, with most of their donations going to Republicans, CNBC reported.. Born in 1953. For 2008, Schwarzman has already maxed out on some of his contributions. Occasionally, Schwarzman has gone off message. [66] She has one child from a previous marriage. [11] In 1985, Schwarzman and his boss, Peter Peterson, started The Blackstone Group, which initially focused on mergers and acquisitions. Zadie Smith . 20 Cities with the Worst Weather in the U.S. How Eiza Gonzalez Achieved a Net Worth of $5 Million. But the Blackstone Group is an enormously powerful real estate investor. Katy Perry ascended the red carpet at the annual Costume Institute gala looking like the bride of Frankenstein in her red John Galliano dress and veil. His mentor at Lehman Brothers, where Mr. Schwarzman worked in the earlier part of his career, was Peter G. Peterson, a much revered society and business world figure. She graduated from Hofstra University and received her law degree from New York University. Registration Number: 2429892 : Full Name: CHRISTINE HEARST SCHWARZMAN : First Name: CHRISTINE : [41], In 2020, Schwarzman donated $15 million to the Senate Leadership Fund,[42] a super-PAC tied to Mitch McConnell. The former Christine Mularchuk a 1970 graduate of Holy Trinity High School in Hicksville in 2001 introduced Stephen to the late archbishop of New York, Cardinal Edward Egan. His list of donations would be too extensive to roll- off in full, but some key highlights include his gift of 150 million to Yale University to establish the Schwarzman Center; his $5 million contribution to Harvard Business School to support research into the consequences of AI on industries and business; a $40 million donation to the Inner-City Scholarship Fund; and a $100 million prize to the New York Public Library. Garrett by trade is a personal finance freelance writer and journalist. Mr. Schwarzman and President Trump at a White House meeting with business leaders last year; Mr. Schwarzman is an adviser to the president. [15][16] He ultimately received $684 million for the part of his Blackstone stake he sold in the IPO, keeping a stake then worth $9.1 billion. Thats why Im not going to my 60th reunion, he said. The group, which includes JPMorgan Chase CEO Jamie Dimon, Walt Disney boss Bob Iger and former General Electric leader Jack Welch, became Trump's Strategic and Policy Forum. Your email address will not be published. Generally speaking, he is best-known for being a fund manager. Palm Beach winter residents Stephen and Christine Schwarzman wanted to do something about that. She attracts headlines for being someone who can attract wealthy husbands and spends money on lavish homes and birthday parties with stars such as Rod Stewart and Patti LaBelle performing. Plans College for Artificial Intelligence, Backed by $1 Billion", "Oxford to receive biggest single donation 'since the Renaissance', "Schwarzman Centre: Planning application submitted for concert hall", "Blackstone CEO pledges to donate the majority of his wealth to charity", "EXCLUSIVE: Billionaire Steve Schwarzman signs Warren Buffett's Giving Pledge", "USA Track & Field | Stephen A. Schwarzman Pledges $8,000,000 to USATF Foundation in Support of Elite Track & Field Athle", "A Billionaire's Party Is a Lens on Wealth in the Trump Era", "Jared and Ivanka Attended Steve Schwarzman's Epic 70th Birthday Party in Palm Beach", "Big Water Users Get Flak in Drought: Calls for Surcharges as Vast Amounts Consumed by Wealthy Palm Beach Residents Draw Ire of Neighbors", "Golden Plate Awardees of the American Academy of Achievement", "President Confers Mexican Order of Aztec Eagle on co-founder and CEO of the Blackstone Group Stephen Allen Schwarzman", History of private equity and venture capital, https://en.wikipedia.org/w/index.php?title=Stephen_A._Schwarzman&oldid=1142654532, American chief executives of financial services companies, People from Montgomery County, Pennsylvania, Private equity and venture capital investors, CS1 maint: bot: original URL status unknown, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 17:17. He is also the stepfather of a child that his second wife had from her previous relationship. [40], In December 2018, non-profit consumer advocacy organisation Public Citizen published a report titled: "'Self-Funded' Trump Now Propped Up By Super PAC Megadonors." Schwarzman and his wife, Christine Hearst (yes, as in the Hearsts), recreated their expansive apartment in the cavernous Park Avenue Armory. Next, he worked at the 'Lehman Brothers' which was an . She was the daughter of an industrialist, Jesse Philips from Ohio. When the company proposed to go public in 2007, Schwarzman was forced to revel the extent of his earnings: the subsequent security filings showed that in 2006, Schwarzman had taken home the incredible sum of $398m. Stephen Schwarzman, co-founder and chief executive officer of Blackstone Group. Access the best of Getty Images with our simple subscription plan. Inside a giant marquee on the 300-acre grounds at Wrotham Park, in Hertfordshire, which is about 30 minutes outside of London. Knickerbockers guided guests to their tables, which were in a space designed to replicate the couples living room. The bridegroom's father, now retired, owned Schwarzman's, a former dry-goods store in Philadelphia. The initiative wasstarted in 2010 by Bill and Melinda Gates and billionaire Warren Buffett to "address some of societys most pressing problems.". One thing is certain: The issue has spiraled far beyond Schwarzman and the so-called Blackstone bill. Over the last few weeks, friends of the Schwarzmans have been slightly surprised that his check underwriting the exhibition didnt translate into invitations for them. New York Democratic Sen. Charles Schumer, a member of the Senate Finance Committee who is expected to introduce his own broad tax increase bill, received $8,000. Shes also got some, uhm, more specialized, recreational skills. His first wife was Ellen Philips, whom he had met while studying at Harvard. Whatever your opinion on Schwarzman, hes not easily dismissed. She was the daughter of an industrialist, Jesse Philips from Ohio. At a September Senate Finance Committee hearing, Sen. Gordon Smith (R-Ore.) suggested the whole tax issue was sparked by the extravagant lifestyle of one man.. Stephen A. Schwarzman, the CEO and co-founder of The Blackstone Group, has been named the new Chairman of the Board of Trustees of the Kennedy Center for the Performing Arts. "[26][27] Schwarzman later apologized for the analogy. I cant answer questions about the contractual negotiation, Mr. Salovey said in a phone interview that was supervised by a public relations person from Mr. Schwarzmans team. Showing Editorial results for christine schwarzman. https://www.nytimes.com/2018/05/05/style/stephen-schwarzman-catholic-church-met-gala.html. Christine, a corporate lawyer, had recently separated from Austin Hearst, the grandson of the media baron William Randolph Hearst. His rise up the ranks was rapid; by the time he was just 31 years old, Schwarzman had reached the position of Managing Director. Elizabeth Schwarzman was born in 1976 and is the oldest child of Stephen. Schwarzman and his wife, Christine Hearst Schwarzman, are Republican party megadonors. He is a film producer and a corporate lawyer by profession. 2023 Getty Images. Her first marriage was to an heir to Hearst money, and now she's. 2023 NYP Holdings, Inc. All Rights Reserved, Will Smith and Jada Pinkett Smith sell media company stake to ex-Disney execs, Blackstone gets stuck with IPO duds this year including Bumble and Oatly, Billionaire bombshells: Paulson's wife, gal pal were at same event days before divorce filing, US billionaire donates $189 million to study ethics of AI, Pope Francis to Our Lady Queen of Angels School in East Harlem. [32], In late 2016, Schwarzman "helped put together" a team of corporate executives to advise Trump on jobs and the economy. [1], Schwarzman was raised in a Jewish family in Huntingdon Valley, Pennsylvania, the son of Arline and Joseph Schwarzman. After business school, Schwarzman worked at the investment bank Lehman Brothers, became a managing director at age 31, and then head of global mergers and acquisitions. Box 1358 New York, NY 10150 +1 (212) 421 0062 ny@venetianheritage.org . The economist is married to Christine Mularchuk Hearst , his starsign is Aquarius and he is now 75 years of age. [12][13] Blackstone would branch into business acquisition, real estate, direct lending, alternative assets, and now has some $500 billion in assets under management. Schwarzman and his first wife Ellen Phillips were married from 1971 to 1990. His enormous wealth has seen him rank #100 on Forbes Billionaires 2019, #34 on Forbes 400 2018, and #42 on Forbes Powerful People 2018. Schwarzman still had his cash from the offering, which turned out to be $684 million, but his Blackstone stake, worth $8.83 billion after the first day, was worth just $4.62 billion. In 2014, the Blackstone Group bought a minority stake in her company for $287 million. Jan 14, 2019 Original: Aug 3, 2006 We're oddly, endlessly and perhaps dangerously obsessed with Christine Hearst Schwarzman. Mr. Schwarzmans charitable contributions have ignited controversy. The hospital was renamed The Stephen and Christine Schwarzman Animal Medical Center. Fun Fact: Today is . Last May, a familiar routine took place on the steps of the Metropolitan Museum of Art. [32] During the 2016 Republican primary, he declined to support any one particular candidate. Christine Schwarzman News FAT HAM Full Cast and Design Team Announced by Chloe Rabinowitz - Feb 23, 2023 The full cast and design team has been announced for the Broadway production of the 2022. When it comes to business, Schwarzman takes no prisoners. Stephen has been married a total of two times so far. Christine Hearst Schwarzman. Rod Stewart and Patti LaBelle performed for. In 2018, he polled again, this time in the Top 50 of Forbes list of the Worlds Most Powerful People. On this submit we're going to focus on how a lot is Stephen Schwarzman Net Worth. While the couple have no children together, Hearst has one child from a previous marriage. He and his wife helped underwrite the exhibition Heavenly Bodies: Fashion and the Catholic Imagination, handing over a check that two sources close to the museum said was in the ballpark of $5 million. Still, it was clear to him she is a pretty big deal, an admired person, he said, because all these people in his office got bizarrely star-struck when she walked in. He is known as the CEO and Chairman of the Blackstone Group, a financial advisory and global private equity firm he Co-founded with Pete Peterson. The title entailed raising at least $100,000 for the 2004 campaign. So whose idea was it to name the building in the donors honor? Soon after Stephen met Egan, the Schwarzmans began sponsoring students at Catholic schools, including All Hallows and Cardinal Spellman in the Bronx, and starting this year are increasing their endowment. Tap into Getty Images' global scale, data-driven insights, and network of more than 340,000 creators to create content exclusively for your brand. Trevor D. Traina. George was no stranger., (To be fair, he also knows Bushs 2004 rival. War? Edward has been a successful producer and has set up the Black Bear Pictures, where he serves as President and CEO. Are you aware of the Stephen Allen Schwarzman age? [77] However, the title was included with a dagger next to it, used to indicate that retailers reported receiving bulk purchases. Rabbi Bertram Siegel officiated with the Rev. We're oddly, endlessly and perhaps dangerously obsessed with Christine Hearst Schwarzman. [25], In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to a war and Hitler's invasion of Poland in 1939, stating, "It's a war. In 1984, Schwarzman oversaw the sale of Lehman Brothers to American Express and interviewed for a position in Ronald Reagans White House. The idea, he said, came from a Harvard Law School friend and retired tax lawyer, Stephen Wolfberg, a personal friend of the lawmaker. It is scheduled to open in 2020 and will be called the Schwarzman Center. Schwarzman was briefly chairman of President Donald Trump's Strategic and Policy Forum. She has a child from a previous marriage. And he is still, most definitely, on the Republican radar screen. Money hasnt made Stephen Schwarzman universally beloved. [22][23], Schwarzman is a Republican who favors lower taxes, lower government spending, and women's rights. Stephen was born on 14 February, 1947 in Philadelphia, Pennsylvania and went on to graduate from the prestigious Yale University and the Harvard Business School. On this Wikipedia the language links are at the top of the page across from the article title. Five years later, Mr. and Mrs. Schwarzman made their first real mark as a society couple by buying a 17,000-square-foot, three-floor penthouse apartment at 740 Park Avenue. Ultimately, that desire translated into financial support for scores of U.S. track and field athletes, whose photos and notes of appreciation sit on a mantel inside Blackstone's New York headquarters. Christine Hearst Schwarzman Reviews Areas of Law Intellectual Property Patents Trademarks Copyrights Write a Client Review Firm Reviews Client (0) Peer (0) This firm's attorneys do not have client reviews. Attorney Information. The result was the global private equity firm, The Blackstone Group. In 1995, Schwarzman wed Christine Hearst, an attorney for intellectual property who was born and raised on Long Island, New York. Christine married Schwarzman a few years after divorcing Austin Hearst, a Hearst publishing heir. A week before the much-anticipated IPO, Sen. Chuck Grassley (R-Iowa) introduced legislation hiking the tax rate for publicly traded private equity partnerships from 15 percent to 35 percent. In 2013, Schwarzman provided the full financial backing needed to launch Schwarzman Scholars, an international scholarship program at Tsinghua University in Beijing that aims to educate future global leaders about China. (He even once compared Mr. Trump to P.T. [24], He raised $100,000 for George W. Bush's political endeavors. It's like when Hitler invaded Poland in 1939." Schwarzman later apologized for the analogy. I was fascinated about how that transition occurs with someone who was not achievement-oriented, he said about President Bush to The New York Times in 2004. Stephen Schwarzman has first served at the 'Donaldson, Lufkin & Jenrette' as a financial serviceman. Hear Blackstone and its unlikely youll spot the connection between the name of the multi-billion-dollar company and the name of its multi- billion-dollar owner. After divorcing Ellen, he married Christine Hearst, daughter of a fireman. Blackstone Group Chairman and Chief Executive Schwarzman worth more than $10 billion and his wife donated $40 million in September to help underprivileged students pay for Catholic school. 7 of 10. As well as numerous other prominent nonprofits. [6] He attended Yale University, where he was a member of senior society Skull and Bones and founded the Davenport Ballet Society. The apartment once belonged to John D. Rockefeller. [76], In 2019, Schwarzman wrote his first book titled, What It Takes: Lessons in the Pursuit of Excellence, "which draws from his experiences in business, philanthropy and public service." Schwarzman and his wife, Christine Hearst Schwarzman, are Republican party megadonors. Republican staffers and investment fund colleagues quietly agree, comparing Schwarzmans party with a lavish party thrown by Tyco CEO Leo Dennis Kozlowski, now serving time for corporate fraud. As a child in the middle-class suburbs of Philadelphia during the 1950s, Schwarzman helped outin his familys linen store, soldcandy bars and light bulbs door-to-door and deliveredtelephone books. Wedding & Marriage / Husband / Engaged / Spouse / Partner. She and Schwarzman, her second husband, have two children, Elizabeth and Edward. Contact Us . Christine Hearst Schwarzman (m. 1995), Ellen Philips (m. 19711990) Son/Daughter: Yes (3 and one stepchild) Income: $60 Million: Net Worth: $20 Billion: Stephen Schwarzman Age and Birth Info. Richard Ferlauto, director of investment policy at the American Federation of State, County and Municipal Employee, called into question the favorable tax breaks that had allowed the Blackstone CEO to accrue his wealth, and worried the CEO was setting a precedent in huge bonuses and incentives that would damage other businesses. Earlier this year, Mr. Schwarzman gave $25 million to the high school he had attended in Abington, Pa. I think this one, Mr. Schwarzman said, although it was hard not to wonder if this guess was a measure of reality or wishful thinking. These names are Alphabet ( GOOG 0.84%) ( GOOGL 0.83% . After two children (one of whom is the film producer and founder of Black Bear Pictures, Teddy Schwarzman) and 19 years, the couple called it a day in 1990. Mr. Peterson died in March. [4], Schwarzman's first business was a lawn-mowing operation when he was 14 years old, employing his younger twin brothers, Mark and Warren, to mow while Stephen brought in clients. As a subscriber, you have 10 gift articles to give each month. [34][35] In February, Schwarzman was named as chair of the 16-member President's Strategic and Policy Forum, which brought together "CEOs of America's biggest corporations, banks and investment firms" to consult with the president on "how to create jobs and improve growth for the U.S. Just three years ago, Schwarzman joked hed fancy a high-level appointment in the second Bush administration. Schwarzman has been married twice: his first marriage in 1971 was to Ellen Philips, a trustee of Northwestern University and the Mount Sinai Medical Center. They say labor unions first suggested the tax hike to Congress. In 2014, the Metropolitan Museum of Art cut the ribbon on a four-block-long plaza named after Mr. Schwarzmans downstairs neighbor David Koch, who paid $65 million for the privilege. This channel is focused on project management and people who are currently working in construction or desire a career in cons. step-child with Stephen A. Schwarzman. Soon, Mr. and Mrs. Schwarzman began dining tte--tte with Cardinal Edward Egan, the late archbishop of New York. She was the daughter of Peggie and Peter Mularchuk of Hicksville, New York. Shortly afterward, the Mets leadership announced that the museum was eliminating the jobs of up to 100 people in administrative, conservationist and curatorial positions in an effort to address a ballooning $30 million deficit. [49] In 2018, Schwarzman donated $10 million to another library, the National Library of Israel. [78]. Oct 2011 - 20132 years. During an address to the board members of a non-profit in 2010, Schwarzman let loose his feelings about the Obamas administrations increased taxation of private equity firms. Showing Editorial results for christine schwarzman. However, this donation was contingent on several conditions, including naming rights to the school. Christine Hearst Schwarzman is a trained lawyer. Since then, the investor dubbed the "King of Capital" in a 2011 book by David Carey and John Morrishas amassed both a fortune that Forbes magazine pegs at $18.1 billion and a reputation for philanthropic endeavors. The couple has three children named Teddy Schwarzman, a producer by profession; Zibby Owens, an author and radio personality; and Elizabeth Schwarzman. Hes a killer (figuratively speaking), 19. "[33] He had previously made a donation to Marco Rubio in 2014. It provides visual recognition on a wide scale by using a combination of AI, sensor fusion, and machine, Read More 20 Things You Didnt Know About VeeveContinue, Given their name, it should come as no surprise to learn that electronic noses are devices that can be used to detect smells. This is partly because the gifts often come with conditions. His mammoth salary and extravagant lifestyle have led some to name and shame him as the poster boy for financial excess. In 2007, Mr. Schwarzman held his birthday party at the Park Avenue Armory. has more residents worth at least $30 million than any metropolis on planet Earth. Mr. Schwarzman succeeds James A. Johnson, who stepped down from the Chairmanship this past January. By contrast, the entrance of the private equity guru Stephen A. Schwarzman and his wife, Christine, was inconspicuous. Anyone can read what you share. Mr. and Mrs. Schwarzman arriving at the Costume Institute gala in 2016. From there, he progressed to the head of global mergers and acquisitions. Hes donated to multiple educational causes, 11. Afterward, Broad and his wife, Edythe, signed the Giving Pledge, committing to giving away 75 percent of their wealth. Schwarzmans career has involved more than the occasional controversy, so he was well equipped to deal with the criticism he faced after coming out in support of President Trump. In 1985, the two decided to join forces and start their own business.