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Blackstone CEO Steve Schwarzman takes home a record $1.27 bn in 2022

Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. He also earned $253.1 million in compensation, most of it through incentive fees

Stephen A Schwarzman, Blackstone CEO
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Stephen A Schwarzman, Blackstone CEO

Dawn Lim | Bloomberg
Blackstone Inc. Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the world’s largest.
 
Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. He also earned $253.1 million in compensation, most of it through incentive fees and his cut of fund profits known as carried interest. 

The annual haul, up from about $1.1 billion a year earlier, underscores Schwarzman’s status as one of Wall Street’s highest earners — with a net worth of $30.6 billion, according to the Bloomberg Billionaires

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First Published: Feb 25 2023 | 8:42 AM IST

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