An hourly income of Rs. 12 crores.. Who is this person? – blackstone ceo stephen schwarzman earned 12 crore rupees average per hour in 2022 through dividends and compensation

by time news
In recent times, the net worth of the top executives of the biggest corporates has skyrocketed. In this way, Steve Schwarzman, CEO of Blackstone, has earned 12 crore rupees every hour in 2022. Blackstone, an American company, is a leading company providing investment banking services. The company was founded in 1985 by Steve Schwarzman along with former CEO of Lehman Brothers, Peter G. Peterson.

Later Blackstone gradually grew into a major investment banking firm. Steve Schwarzman owns about 20% of Blackstone.

In this case, Steve Schwarzman has earned $1.27 billion from Blackstone in 2022 alone. He earned $253.1 million in CEO salary alone.

Apart from this, he received $1 billion in dividend income from his 20% stake in Blackstone. According to this, in 2022, he has earned an average of around 12 crore rupees per hour.

Before that, Steve Schwarzman earned $1.1 billion in 2021. Accordingly, Steve has risen to become one of the highest paid individuals on Wall Street in the United States.

According to the Bloomberg World Rich List, Steve Schwarzman’s net worth is $30.6 billion. He is currently ranked 39th in the list of richest people in the world.

Not only Steve Schwarzman, Blackstone Chief Operating Officer Jon Gray also earned $479.2 million in 2022. He has a 3% stake in Blackstone. He received $182.7 million in dividends from these shares.

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