Blackstone CEO Stephen Schwarzman, who has a net worth of $17.8 billion, has donated $699,000 since 2017 to Trump Victory, which is the joint fundraising group between the Republican National Committee and the Trump campaign, and another $3 million to America First, a pro-Trump super-PAC, in January. Hamilton (“Tony”) E. James is Executive Vice Chairman of Blackstone, and a member of Blackstone’s board of directors. Senators Jack Reed of Rhode Island and Carl Levin of Michigan, both Democrats, called the joint subcommittee hearing to examine steps the regulators have taken in leading the U.S. response to the May 6 plunge that briefly erased $862 billion of stock value in less than 20 minutes before markets recovered. Thomas Peterffy, chief executive officer of Interactive Brokers, speaks during a Senate Banking hearing in Washington, D.C., U.S., on Wednesday, Dec. 8, 2010. Stephen Schwarzman net worth and salary: Stephen Schwarzman is an American businessman who has a net worth of $18.4 billion which makes him one of the richest people in … In addition to the $75 million they dropped on pro-Trump super-PAC Preserve America in August and September, the couple doled out $2,800 sums (the legal contribution limit) to more than two dozen candidates including Sen. Thom Tillis of North Carolina, Rep. Lee Zeldin of New York and Senate Majority Leader Mitch McConnell. Now, Blackstone billionaire CEO Stephen Schwarzman has become one of the GOP’s largest donors, as one study shows his net worth has increased by 27 percent during the coronavirus pandemic. Hendricks ramped up her spending in the last few months ahead of the election, spending $5 million between August and September on pro-Trump super-PACs. Fifty-two of the signees are from outside the U.S. In 2017, he gave $75 million to rebuild a Canadian hospital, reportedly the largest donation made by a private citizen to a single medical facility in the country’s history. He is also the Chairman and CEO of Blackstone Real Estate Income Trust. CEO Stephen Schwarzman, whose estimated $21 billion net worth means he has the most to give away. Seven billionaires signed Bill Gates and Warren Buffett’s Giving Pledge this year, promising to give the majority of their vast wealth to charity before or after they die, according to an announcement on Monday. in 2004 for $13.5 billion in stock. He’s the CEO whose views are sought by heads of state. Kelly’s net worth is $45 million as she is a successful singer and actress. Billionaire private equity titan Stephen A. Schwarzman, the CEO of Blackstone, is committing a majority of his $20.7 billion net-worth to charity. Brandon Blackstone Net worth. He is the chairman and CEO of BlackRock, an American multinational investment management corporation. Republican megadonors, Adelson and his wife, Miriam, have spent more than $180 million on federal races this election cycle. Blackstone CEO Schwarzman Cuts Pay 45% to Mega Millions-Style $69.1 Million Blackstone CEO Stephen Schwarzman, who sets his own pay, got a 45% cut in total compensation last year to $69.1 million. Previously on the Forbes breaking news desk. A Badger State native and resident of Afton, Wisconsin, Hendricks also donated to Representative Tom Tiffany’s re-election in the state’s 7th District and to the coffers of Senator Ron Johnson, who will be up for re-election in 2022. Since then, the digital trading guru has mostly laid low, giving directly to congressional and senatorial campaigns. 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In 1994 BlackRock made a split from Blackstone and as the company grew and became more independent, he held onto … Neves launched his own charitable foundation this year, which aims to expand equal access to education in Portugal, among other related initiatives. “I don't take it.”. A Look At A Burgeoning Product Called NBA Top Shot. Hendricks, whose ABC Supply is based in Beloit, Wis., is Wisconsin Republican Governor Scott Walker’s biggest individual political benefactor. He departed PIMCO in 2014 (under acrimonious circumstances) and managed a fund for Janus Henderson until his March 2019 retirement. Frank Cohen is a Senior Managing Director in the Real Estate Group and the Global Head of Core+ Real Estate. He has donated $57 million thus far to causes ranging from food banks across the state to local charter schools in his home state of Oklahoma. I previously worked on the Media & Entertainment team, where I compiled lists of the highest-paid comedians, podcasters and authors. © 2021 Forbes Media LLC. Fink founded BlackRock in 1988 as part of Blackstone and parted ways in 1994. You may opt-out by, America's Top Givers: The 25 Most Philanthropic Billionaires, EY & Citi On The Importance Of Resilience And Innovation, Impact 50: Investors Seeking Profit — And Pushing For Change, Jared Sullinger Looking To Make NBA Comeback. Gross’ family foundation holds over $400 million in assets and gives away $20 million annually, mostly to humanitarian efforts, education and healthcare. BULLHEAD CITY, ARIZONA - OCTOBER 28: U.S. President Donald Trump speaks during a campaign rally on October 28, 2020 in Bullhead City, Arizona. Peterson was chairman and CEO of Wall Street firm Lehman Brothers in the 1970s and early 1980s. And in a year unlike any other—with the coronavirus pandemic raging unchecked around the world and many countries confronting systemic racism and inequality—the organization hopes that “efforts like the Giving Pledge aim to inspire those who have more than they need to give bigger and sooner.”. Stephen Allen Schwarzman was born on the 14 th February 1947 in Philadelphia, Pennsylvania USA. Lisette Voytko is a wealth reporter at Forbes Magazine, focusing on billionaires, money and the world's richest people. Later in 2018, he collectedalmost $567.8 million in dividends and compensations in 2018. Tips to firstname.lastname@example.org. Although tech billionaire donors skew overwhelmingly Democratic, David Duffield, who amassed a $12.4 billion fortune cofounding business software companies PeopleSoft and Workday, is backing Trump. Oatly has secured $200 million in investment from Blackstone, Oprah Winfrey, Natalie Portman, ex-Starbucks CEO Howard Schultz, and Jay-Z's Roc … Prior to joining Blackstone in 2002, Mr. James […] Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with $584 billion Assets Under Management (as of September 30, 2020). While Trump may struggle in the polls with female voters, America’s richest self-made woman is on board. In the final stretch of the elections, however, Peterffy gave $5 million to the Senate Leadership Fund super-PAC last month to keep the chamber out of Democratic control. NEW YORK, NEW YORK - SEPTEMBER 18: (EXCLUSIVE COVERAGE)Blackstone CEO Stephen Schwarzman as he visits "Maria Bartiromo's Wall Street" at Fox Business Network Studios on September 18, 2019 in New York City. This year’s signatories are worth over $40 billion in total, by Forbes’ estimates. The Giving Pledge was started a decade ago by Buffett and Bill and Melinda Gates with 40 initial signees, some of whom, like Michael Bloomberg and Eli Broad, had already begun to actively give to charitable causes. Trump shot back with his own accusation. He transitioned to an advisory role after five years, before departing in 2015. Blackstone Group Inc The estimated Net Worth of Blackstone Group Inc is at least $376 Million dollars dollars as of 01/10/2021. He also contributed $2 million to 1820 PAC, a super-PAC that supports Senator Susan Collins, who faces a tight re-election race in Maine. The president also counts venture capitalist Douglas Leone, investment banker Warren Stephens and money manager Ken Fisher among his backers in the financial industry. He cofounded the site in 2006 and retook the CEO reins in 2019, after spending eight years serving as executive chairman and focusing on another company he cofounded, corporate review site Glassdoor. Dave Duffield, co-founder and co-chief executive officer of Workday, poses for a photo in Pleasanton, California, U.S., on Friday, May 21, 2010. Since then, the company has expanded to 25 divisions and includes packaging and food segments. All Rights Reserved, This is a BETA experience. Neves, the man behind online luxury fashion platform Farfetch, was born in Portugal but resides in London, where he founded Farfetch in 2008. With his and his wife’s combined $1.2 million donation to Trump Victory, the committee supporting Trump’s reelection campaign and the Republican National Committee, Duffield joins venture capitalist Peter Thiel and Oracle CEO Safra Catz on a very short list of tech billionaires who have backed the president’s re-election. He comes from a rich family as his father was himself a music manager. Schwarzman is chairman and CEO of The Blackstone … Those gifts helped establish a school studying the ethics of artificial intelligence at Oxford University and, at MIT, a new college focused on AI. The net worth estimate of Brandon Blackstone is $10 million. He is the chairman and CEO of The Blackstone Group, a global private equity firm he established in 1985 with former chairman and CEO of Lehman Brothers and US Secretary of Commerce Peter G. Peterson. Salary: $60 Million. © 2021 Forbes Media LLC. Shares of the company, which sells clothing, shoes and accessories from designers like Balenciaga and Prada,, have more than doubled since going public on the New York Stock Exchange in September 2018. chain. MSFT Thomas Peterffy, the CEO of Interactive Brokers who is worth $16.5 billion, was an early donor to Trump’s re-election effort, contributing $250,000 to Trump Victory in 2017. GM Blackstone CEO Stephen Schwarzman has poured more than $25 million into political causes this year. Gross required PIMCO’s managing directors to give 1% of their annual compensation to the company’s charitable foundation. Altogether, 16 individuals or couples joined the pledge this year, bringing the total number of signees to 216. Richison worked at payroll giant ADP before founding Paycom in 1998 and taking the company, which was one of the first to process payroll completely online, public in 2014. Since joining Blackstone in 1996, Mr. Cohen has been involved in over $100 billion of real estate transactions. Barton became a billionaire in February, after shares of online real estate site Zillow climbed. ... Schwarzman has an estimated net worth … She holds a master's degree from Columbia University's Graduate School of Journalism. Here are the top five richest donors to Donald Trump and their political contributions to federal races based on publicly available Federal Election Commission data as of October 14, 2020: WASHINGTON, DC - JANUARY 28: Founder, Chairman and CEO of Las Vegas Sands Sheldon Adelson and his wife Miriam Ochsorn attend a press conference with U.S. President Donald Trump and Israeli Prime Minister Benjamin Netanyahu in the East Room of the White House on January 28, 2020 in Washington, DC. They range in age from 35 to 97 and hail from 24 different countries. Before coming to Forbes, I graduated from NYU's Business and Economic Reporting program and worked as an associate producer at MSNBC. Schwarzman briefly served as Chairman of President Donald Trump's Strat… (Photo by Roy Rochlin/Getty Images), Donations to committees and super-PACs supporting Trump: $699,400 (Trump Victory); $3 million (America First Action). The Blackstone Group Inc. is an American alternative investment management company based in New York City.In 2019, Blackstone converted from being a publicly traded partnership into being a corporation.. Blackstone's private equity business has been one of the largest investors in leveraged buyouts in the last decade, while its real estate business has actively acquired commercial real estate. View full list. Overall, Stephen’s net worth is estimated to be $11.4 billion, as of now. Chief among them: Blackstone He is residing with his family in a large estate. NLOK Stephen Allen Schwarzman Wiki Biography. Only in October 2018, he d… How Did A LeBron James Video Highlight Sell For $71,455? Barton, who also cofounded online travel booking site Expedia while working at Microsoft Stephen Allen Schwarzman is undoubtedly among the few richest billionaire in the world, and he is a multi-billionaire who is the CEO of The Blackstone Group. In all, Schwarzman has funneled nearly $25 million into campaigns to help Republicans retain control of the Senate and to help Trump win reelection. Trump’s richest donor is casino mogul Sheldon Adelson, who has a net worth of more than $31 billion. People know who Stephen Schwarzman is—at least they think they do. His net worth is pegged by Forbes at $13.2 billion. (Photo by Isaac Brekken/Getty Images). Far more of that has gone toward impacting congressional races than supporting Trump. However, this year Forbes has not found any contributions made by her husband, who served as an advisor to Trump early in his presidency. She. Mr. Schwarzman has been involved in all phases of Blackstone’s development since its founding in 1985. As the CEO of theBlackstone Group, Stephen gathered $786.5 million as his salary including compensation, rewards, and others in 2017. Coming to Forbes, I graduated from NYU 's business and Economic Reporting program and worked as an associate at. 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