Blackstone founder Stephen Schwarzman plans to donate his entire $48 billion fortune to a major philanthropic foundation | World News
Stephen Schwarzman, co-founder and chief executive of global investment firm Blackstone, is preparing to transfer much of his estimated $48 billion personal fortune to a charitable foundation, according to documents reviewed by The Wall Street Journal. If implemented, the plan would significantly expand the size of the Stephen A. Schwarzman Foundation and potentially place it … Read more