Brandon Blackstone Net worth. 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. 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. Gross required PIMCO’s managing directors to give 1% of their annual compensation to the company’s charitable foundation. With an estimated worth of $18.3 billion, Stephen Schwarzman is one of the world's wealthiest men. Kelly’s net worth is $45 million as she is a successful singer and actress. Profession: CEO of Blackstone Group. Despite his age, Pattison works every day of the week—including weekends—and has no intention of retiring. This year’s signatories are worth over $40 billion in total, by Forbes’ estimates. Trump shot back with his own accusation. From Wikipedia, the free encyclopedia Laurence Douglas Fink (born November 2, 1952) is an American billionaire businessman. 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. chain. Federal political donations are rare for Duffield, who is better known for his philanthropy — he cofounded and gave $345 million to Maddie’s Fund, an animal welfare charity named after his late miniature schnauzer. You may opt-out by, Biden Receives More Than Twice As Much Money From Billionaires As Trump In Final Push, 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, gave another $75 million to Preserve America, in August he and his wife Cheryl contributed. The 92-year-old Canadian billionaire founded his eponymous Jim Pattison Group in 1961 with the purchase of a single General Motors Frank Cohen is a Senior Managing Director in the Real Estate Group and the Global Head of Core+ Real Estate. He has been involved […] © 2021 Forbes Media LLC. Rothschild donated $20 million to alma mater Vanderbilt University in 2016, where he also sits on the board of trustees. All Rights Reserved, This is a BETA experience. The pledge is non-binding, which means that the organization can’t force signatories to donate their fortunes. Altogether, 16 individuals or couples joined the pledge this year, bringing the total number of signees to 216. She holds a master's degree from Columbia University's Graduate School of Journalism. The compensation, largely due to Blackstone’s sale of some assets, exceeds the $425 million Schwarzman received in 2016 and his $734.2 million haul in … 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. His net worth is pegged by Forbes at $13.2 billion. Diane Hendricks, who cofounded and chairs roofing company ABC Supply and has a net worth of $8 billion, gave nearly $6 million to committees and super-PACs supporting Trump this cycle. When his company, Blackstone Group went public in 2006, it revealed that Stephen had earnedabout $ 398.3 million in fiscal 2006. Biden accused Trump, based on a New York Times report that members of the administration briefed the Hoover Institute’s financier-heavy board at the end of February on how dangerous the coronavirus could be, of giving Wall Street a heads up while publicly downplaying the virus. Blackstone CEO Stephen Schwarzman has poured more than $25 million into political causes this year. Photographer: John McCormick/Bloomberg *** Local Captiion *** Diane Hendricks, Donations to committees and super-PACs supporting Trump: $935,600 (Trump Victory), $4 million (America First Action), $1 million (Preserve America). … 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. The firm has established leading investing businesses across asset classes, including private equity, where … Last Updated: January 2021. 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. He comes from a rich family as his father was himself a music manager. The founders describe the pledge as “a moral commitment.”, “The Giving Pledge is a simple proposal to the world’s wealthiest: join us in giving away the majority of your resources to address society’s most pressing problems,” Buffett said in a statement. Chief among them: Blackstone BX +1.7% CEO Stephen Schwarzman, … Only in October 2018, he d… Trump’s richest donor is casino mogul Sheldon Adelson, who has a net worth of more than $31 billion. Stephen is a businessman, best known as a founder and the CEO of the Blackstone Group, a global private equity and financial advisory company, established in 1985. 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 BULLHEAD CITY, ARIZONA - OCTOBER 28: U.S. President Donald Trump speaks during a campaign rally on October 28, 2020 in Bullhead City, Arizona. 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. 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 a perfect world, I would identify those opportunities and give well before my dying days so I can see the good the gifts are doing.”, Lisette Voytko is a wealth reporter at Forbes Magazine, focusing on billionaires, money and the world's richest people. 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. Blackstone is a combination of its founders' names -- "Schwarz" means black in German and Yiddish, while "Peter" means stone in Greek. 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. in 2004 for $13.5 billion in stock. dealership for $40,000—financed with a bank loan using both his mortgage and life insurance policy as collateral. During the second presidential debate last week, President Donald Trump and former Vice President Joe Biden argued (among many things) over who was more embedded in Wall Street. 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. This year, they also gave a total of $60 million to the Senate Leadership Fund, which supports Republican Senate candidates. Workday sells subscriptions to Internet based software that some of the world's largest companies use to manage human resources, payroll, accounting, buying products and sending out orders. Gross’ family foundation holds over $400 million in assets and gives away $20 million annually, mostly to humanitarian efforts, education and healthcare. His entertainment holdings include the Guinness World Records franchise and the Ripley’s Believe It Or Not! All Rights Reserved, This is a BETA experience. 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. 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. Stephen Allen Schwarzman Wiki Biography. Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world’s leading investment firms with over $500 billion in assets under management. Byron Wien, vice chairman at Blackstone Private Wealth Solutions, discusses the market, economic, and political surprises he sees coming in 2021. 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. Blackstone’s (ticker: BX) efforts already are bearing fruit. He got his start at Lehman Brothers, but founded his first business—a lawn-mowing operation—at age 14. Rebecca Blackstone net worth is $16 Million Rebecca Blackstone Wiki: Salary, Married, Wedding, Spouse, Family Rebecca Blackstone is an actress, known for DmC: Devil May Cry (2013), Red Dwarf (1988) and Shooting for the Butler (2014). Duffield is not normally a big political giver, but in August he and his wife Cheryl contributed a combined $1.2 million to Trump Victory. Neves launched his own charitable foundation this year, which aims to expand equal access to education in Portugal, among other related initiatives. Mr. Schwarzman has been involved in all phases of Blackstone’s development since its founding in 1985. He cofounded Blackstone in 1985, helping grow it from a boutique mergers-and-acquisitions advisory business into the world’s largest buyout firm, with some $538 billion in assets. Stephen Allen Schwarzman was born on the 14 th February 1947 in Philadelphia, Pennsylvania USA. BX A Look At A Burgeoning Product Called NBA Top Shot. People know who Stephen Schwarzman is—at least they think they do. I am a wealth reporter at Forbes covering billionaires who made their money in media, tech and retail. Blackstone Group Inc owns over 462,922 shares of Cheniere Energy Partners LP stock worth … I previously worked on the Media & Entertainment team, where I. I am a wealth reporter at Forbes covering billionaires who made their money in media, tech and retail. (Photo by Isaac Brekken/Getty Images). Previously on the Forbes breaking news desk. 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. Mr. James previously served as the firm’s President and Chief Operating Officer. Photographer: Tony Avelar/Bloomberg *** Local Caption ***, Donations to committees and super-PACs supporting Trump: $1.2 million (Trump Victory). NLOK 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. Billionaire private equity titan Stephen A. Schwarzman, the CEO of Blackstone, is committing a majority of his $20.7 billion net-worth to charity. Fifty-two of the signees are from outside the U.S. Stephen Schwarzman donated $3.7 million to a pro-Trump super-PAC and to Trump Victory, but put $20 million into a super-PAC supporting Senate Republicans and $2.5 million into a super-PAC supporting House Republicans. 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. Net Worth in 2021: $20 Billion. 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. Gail Golden-Icahn, who is married to Carl Icahn, the billionaire investor that Forbes estimates is worth $14 billion, also gave $2,800 to a committee supporting Trump. Republican megadonors, Adelson and his wife, Miriam, have spent more than $180 million on federal races this election cycle. I n addition, he is a member of the Investment Committee for the Tactical Opportunities and Blackstone Growth Equity (BXG) funds.Since joining Blackstone in 2003, Mr. Assant has been involved in various European investments and investment opportunities. In 1994 BlackRock made a split from Blackstone and as the company grew and became more independent, he held onto … The was below the roughly $786 million Schwarzman, 72, took home in 2017. Prior to joining Blackstone in 2002, Mr. James […] He transitioned to an advisory role after five years, before departing in 2015. (Photo by Alex Wong/Getty Images), Donations to committees and super-PACs supporting Trump: $75 million (Preserve America), $1.2 million (Trump Victory). He is also a member of Blackstone’s Management Committee and sits on the firm’s various investment committees. (Photo by Roy Rochlin/Getty Images), Donations to committees and super-PACs supporting Trump: $699,400 (Trump Victory); $3 million (America First Action). 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Despite their fortune falling several billion dollars after Covid-19 temporarily shut down Adelson’s casinos, the megadonor couple has been spending heavily on the election. Those gifts helped establish a school studying the ethics of artificial intelligence at Oxford University and, at MIT, a new college focused on AI. His personal fortune is estimated at $19 billion as of October 2020, ranking him at 64th on the World's Billionaires list. Blackstone Group Inc is the 10% Owner of Cheniere Energy Partners LP. Peterson was chairman and CEO of Wall Street firm Lehman Brothers in the 1970s and early 1980s. In 1988, Laurence worked a deal with the Blackstone Group to co-found BlackRock. 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. 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. Not accurate. Schwarzman is chairman and CEO of The Blackstone … With less than a week until Election Day, Trump and Democratic presidential nominee Joe Biden are campaigning across the country. 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. “I don't take it.”. They each contributed $580,600 to Trump Victory in February and together gave another $75 million to Preserve America, a pro-Trump super-PAC that popped up in August. Fink founded BlackRock in 1988 as part of Blackstone and parted ways in 1994. MSFT However, this year Forbes has not found any contributions made by her husband, who served as an advisor to Trump early in his presidency. 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. Overall, Stephen’s net worth is estimated to be $11.4 billion, as of now. Blackstone cofounder and CEO Stephen Schwarzman has, by our estimation, already given away $600 ... [+] million of his $21 billion fortune. Lisette Voytko is a wealth reporter at Forbes Magazine, focusing on billionaires, money and the world's richest people. Diane Hendricks, chief executive officer of ABC Supply Co., smiles during a company meeting at a hotel in Rosemont, Illinois, U.S. on Wednesday, March 4, 2015. How Did A LeBron James Video Highlight Sell For $71,455? 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). Here’s some background on the new billionaire signatories: Schwarzman has already given away more than $600 million to philanthropic, cultural and arts organizations and pledged to donate even more. This year’s signatories are worth over $40 billion in total, by Forbes ’ estimates. They range in age from 35 to 97 and hail from 24 different countries. Early Facebook employee Jeff Rothschild, who has a net worth of $3.8 billion according to Forbes, and Blackstone CEO Stephen Schwartzman also … Later in 2018, he collectedalmost $567.8 million in dividends and compensations in 2018. He is the chairman and CEO of BlackRock, an American multinational investment management corporation. 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