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Part 2. While at Lehmans, Schwarzman worked under Chairman and CEO of the group, Peter George Peterson. While the party lives in infamy, congressional curiosity wasnt caused entirely by it. Later in 2018, he collected almost $567.8 million in dividends and compensations . The Multi-millionaire businessman's net worth, . The former intellectual property lawyer was married to publishing heir. Obama later drafted a formal message of support for Schwarzman Scholars, an education initiative undertaken by Schwarzman. But plans to rename it after him were scrapped when people in the town nearly had a conniption. Christine Hearst Schwarzman - This house will exist She married Andrew Curtis Right in 2005. [17] In the following years, his compensations increased even more: he received $350 million in 2007[18] and $702.4 million in 2008[19] - partly due to stock awards. Not all the publicity the church receives is positive, so it came as a relief to hear that the exhibit was being underwritten by his old friend Mr. Schwarzman. Schwarz is German and Yiddish for black, while Peter (as in, Pete Peterson, co-founder of the company) is Greek for stone. So when Versace was approached to sponsor the Costume Institute gala, but didnt have enough money, calling Mr. Schwarzman made sense. She left that gig in 2019 to lead the pro-Trump super-PAC America First Action and ended up pouring $15.7 million into the group. Stephen Schwarzman Net Worth Net Worth List Stephen Schwarzman (Investments) - Overview, Biography And just one person donated more than half that sum. By contrast, the entrance of the private equity guru Stephen A. Schwarzman and his wife, Christine, was inconspicuous. Following his election, Trump appointed Schwarzman as the chairman of the White House Strategic and Policy Forum. In 2017 former World Wrestling Entertainment CEO Linda McMahon took a cabinet position in the Trump White House, serving as head of the Small Business Administration. Im just thanking God for my beautiful wife and 6 kids by doing something to help everyone and help get the USA off Arab oil. Fashion meets Catholicism: offensive or brilliant PR? Last Valentines Day, Schwarzman reportedly spent $3 million on a lavish birthday bash. Partly, this is because his wife, Christine, is Catholic. [6] He attended Yale University, where he was a member of senior society Skull and Bones and founded the Davenport Ballet Society. Instead, he and his wife Shirley put the bulk of their contributions into super-PACs that were spending big in key GOP Senate races. They got associates to join them as well, making them official Biden bundlers. It's like when Hitler invaded Poland in 1939. Mere months after Mr. Schwarzman spent $100 million to have his name plunked across the facade of the New York Public Library, Mr. Koch paid $100 million to have his name put on the facade of Lincoln Center.