Blackstone CEO Schwarzman Collected Record $1.27 Billion in 2022

Blackstone Inc. Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, extending his stature as one of the most highly paid executives in finance.

(Bloomberg) — Blackstone Inc. Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, extending his stature as one of the most highly paid executives in finance. 

Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. He also earned another $253.1 million, most of it through incentive fees and his cut of fund profits known as carried interest. The haul compares with about $1.1 billion the prior year.

He has a $30.6 billion personal fortune, according to the Bloomberg Billionaires Index. 

 

More stories like this are available on bloomberg.com

©2023 Bloomberg L.P.