call Number : HG4751.S3445 2019 ( Library West )
ISBN : 9781501158148 NEW YORK TIMES BESTSELLER From Blackstone president, CEO, and co-founder Stephen A. Schwarzman, a long-awaited ledger that uses impactful episodes from Schwarzman ‘s life to show readers how to build, transform, and lead booming organizations. Whether you are a student, entrepreneur, philanthropist, executive, or merely person looking for ways to maximize your likely, the same lessons apply. People know who Stephen Schwarzman is — at least they think they do. He ‘s the man who took $ 400,000 and co-founded Blackstone, the investment firm that manages over $ 500 billion ( as of January 2019 ). He ‘s the CEO whose views are sought by heads of state. He ‘s the billionaire philanthropist who founded Schwarzman Scholars, this century ‘s version of the Rhodes Scholarship, in China. But behind these achievements is a man who has spent his life learn and reflecting on what it takes to achieve excellence, make an shock, and live a animation of consequence. Folding handkerchief in his father ‘s linen shop class, Schwarzman dreamed of a larger biography, filled with function and venture. His grades and athleticism got him into Yale. After starting his career in finance with a light stint at a fiscal tauten called DLJ, Schwarzman began working at Lehman Brothers where he ascended to run the mergers and acquisitions practice. He finally partnered with his mentor and friend Pete Peterson to found Blackstone, vowing to create a raw and unlike kind of fiscal mental hospital. Building Blackstone into the leading ball-shaped fiscal institution it is nowadays did n’t come easy. Schwarzman focused intensely on culture, hiring big talent, and establishing processes that allow the firm to systematically analyze and evaluate risk. Schwarzman ‘s simpleton mantra “ do n’t lose money ” has helped Blackstone become a leading individual equity and real estate investor, and coach of alternate assets for institutional investors globally. Both he and the firm are known for the severity of their investment process, their innovative overture to deal make, the diversification of their business lines, and a conviction to be the best at everything they do. Schwarzman is besides an active philanthropist, having given away more than a billion dollars. In philanthropy, as in occupation, he is drawn to situations where his capital and energy can be applied to drive transformative solutions and change paradigm, notably in education. He uses the skills learned over a life in finance to design, establish, and back impactful and innovative organizations and initiatives. His gifts have ranged from creating a new College of Computing at MIT for the report of artificial intelligence, to establishing a first-of-its-kind student and performing arts center at Yale, to enabling the renovation of the iconic New York Public Library, to founding the Schwarzman Scholars company plan at Tsinghua University in Beijing — the single largest beneficent campaign in China ‘s history from external donors. Schwarzman ‘s story is an endow, entertaining, and instructive guide for anyone striving for greater personal shock. From share making to investing, leadership to entrepreneurship, philanthropy to delicacy, Schwarzman has lessons for how to think about ambition and scale, hazard and opportunities, and how to achieve achiever through the persistent pursuit of excellence. Schwarzman not only offers readers a thoughtful observation on all his own experiences, but in doing therefore provides a practical blueprint for success .