Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $52 billion

Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $52 billion

Like Jeff Bezos, Sam Altman, and Brad Smith, Stephen A. Schwarzman learned that “Setbacks are terrible, but they also are great teachers.”

Source: https://fortune.com/2025/10/27/blackstone-ceo-cofounder-stephen-schwarzman-big-investment-mistake-crying-52-billion-net-worth-career-advice-leadership/


 

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