Stephen Schwarzman – Family, Family Tree

Stephen Allen Schwarzman is an American investor, financier and business tycoon. He is known as the CEO and Chairman of the Blackstone Group, a financial advisory and global private equity firm he Co-founded with Pete Peterson. Stephen was born on 14 February, 1947 in Philadelphia, Pennsylvania and went on to graduate from the prestigious Yale University and the Harvard Business School.

He started off with a job at Donaldson, Lufkin & Jenrette, an investment bank and soon rose to the rank of Managing Director at the Lehman Brothers, aged just 31. Stephen is known to be greatly charitable and has made several contributions to various organizations which help support social and educational causes in the United States and throughout the world.

Let us now look at the illustrious Schwarzman Family

Schwarzman Parents – Joseph Schwarzman & Arline Schwarzman

Born to Jewish parents, Schwarzman’s father, Joseph owned a dry-goods store in Philadelphia and his mother was a homemaker. The family had comfortable means of income which provided well for the family and awarded Stephen a good education from the very beginning.

Schwarzman Spouse – Ellen Philips & Christine Mularchuk Hearst

Stephen has been married a total of two times so far. His first wife was Ellen Philips, whom he had met while studying at Harvard. She was the daughter of an industrialist, Jesse Philips from Ohio. The couple had two children together. After divorcing Ellen, he married Christine Hearst, daughter of a fireman. She worked as a lawyer and had one child from her previous marriage to Austin Hearst.