Stephen Schwarzman
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Noriko Hayashi—Bloomberg/Getty Images
- Company/AffiliationBlackstone
- TitleCEO, Chairman, and Cofounder
Stephen A. Schwarzman has made Blackstone—which he chairs, cofounded, and leads as CEO—the world's largest alternative investment firm. Founded in 1985, Blackstone today has over $1.1 trillion in assets under management and, in 2023, pulled in $8 billion in revenue. Schwarzman is a dominant figure in finance but also wields big influence in AI. An early proponent of the technology, he has donated about $500 million to AI education and research. In September, Blackstone entered into a definitive agreement to acquire AirTrunk, a leading Asia Pacific data center platform, in a transaction valued at $24 billion.