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.