Tag: Schwarzman

24 FEB

Wall Street billionaire Steve Schwarzman gave a record-setting gift to his public high school — and it highlights the dire situation American schools face

Public K-12 schools are facing budget shortfalls amid reductions in government funding.   Steve Schwarzman, the billionaire founder of private-equity firm Blackstone Group, recently gave a $ 25 million donation to his public high school. Such donations to public K-12 schools are rare, especially compared with their private counterparts. Given the budget shortfalls, Schwarzman recently told […]

14 OCT

Trump ally Steve Schwarzman was asked what the president is doing for women, and it got pretty awkward

Chip Somodevilla/Getty Images At a conference about women in the workplace, Blackstone Group founder and CEO Steve Schwarzman was asked about what President Donald Trump was doing for women. Things got awkward. Schwarzman, a close friend and ally to the president, initially hesitated before largely talking around the question, redirecting the focus to the president’s daughter, Ivanka […]