Key facts
- Blackstone's assets under management now exceed $1 trillion.
Stephen Schwarzman leads Blackstone past $1 trillion in assets
IN SHORT
Blackstone, co-founded by Stephen Schwarzman, has surpassed $1 trillion in assets under management. The firm, which began as a boutique M&A advisory business in 1985, is now the world's largest alternative asset manager.
Key Numbers
$1 trillionBlackstone assets under management
1985Year Blackstone was founded
79Stephen Schwarzman's age
3Stephen Schwarzman's children
37Forbes list appearances for Stephen Schwarzman
Who's Involved
Stephen Schwarzman
co-founder, chairman and CEO of Blackstone
Blackstone
world's largest alternative asset manager
Peter Peterson
co-founder of Blackstone
↳ Why This Matters
Blackstone's growth to over $1 trillion in assets under management solidifies its position as a dominant force in the alternative asset management industry.