The lessons of Stephen Schwarzman, boss of Blackstone


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In this age, we look up to billionaires. Well, another of those writing about how he became what he became.

Mr Schwarzman has little time in the book for the little guy. Other financiers wring their hands over the wealth gap between bosses and workers. Not him. He was a rare executive in America’s Business Roundtable not to sign a charter last month calling for an end to the shareholder-led model of capitalism. His private life appears to be one of lavish parties and glamorous schmoozing. Acknowledgments in the book stretch to 14 pages and he name-drops five American presidents, four French ones and China’s Xi Jinping.

The complete article

The Economist

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