Record compensation for Blackstone CEO: $1.27 billion in 2022

by time news

Blackstone President John Gray, considered the leading candidate to succeed Schwarzman as CEO, earned $479.2 million in 2022. His compensation package includes $182.7 million in dividends related to his 3% stake in the company. Neither earns an annual cash bonus, But they still earn more than the CEOs of the big banks on Wall Street, whose compensation packages usually amount to several tens of millions of dollars. This year, some of the CEOs also had to suffer a decrease in rewards due to the challenging financial conditions.

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