You may also like. They love dancing, and they love watching people.. Together, Mr. Peterson and Mr. Schwarzman started the Blackstone Group, a private equity firm that grew into a financial colossus that dwarfed competitors like Kohlberg Kravis Roberts and the Carlyle Group. This is a BETA experience. Its a war, Schwarzman ranted. [17] In the following years, his compensations increased even more: he received $350 million in 2007[18] and $702.4 million in 2008[19] - partly due to stock awards. Big egos have impacted our industry adversely, Warren Hellman, chairman and co-founder of San Francisco-based private equity firm Hellman & Friedman, recently told Fortune. [41], In 2020, Schwarzman donated $15 million to the Senate Leadership Fund,[42] a super-PAC tied to Mitch McConnell. Hes also the newest Capitol Hill villain. After working as a professor with Jim Simons (No. Later in 2018, he collected almost $567.8 million in dividends and compensations . Some of his most fabulous shindigs have included a Christmas event based around a 007 theme (complete with Bond Girl waitresses), and a birthday celebration that saw his Park Avenue apartment recreated down to the very last detail at a regimental armory on Manhattans upper east side. Plaque at the New York Public Library central reference building honoring Schwarzman's contributions According to Bloomberg Billionaires Index, he had a net worth of $32 billion as of October 2022. While the couple have no children together, Hearst has one child from a previous marriage. People who knew them both were shocked. After all, the only thing worse than one angry billionaire is 10 angry multibillionaires. [28][29] In 2012, Obama called Schwarzman and requested his assistance in brokering a budget agreement with Republicans in congress to avoid a fiscal cliff. Jennifer Lopez wafted by in sky blue Valentino, flanked by her favorite Yankee of all time and the founder of the design house responsible for making her gown. Annette de la Renta, a board member at the Met and the New York Public Library, doesnt get why all this inspires such fuss, such sanctimony. [7][8][9] After graduating in 1969, he briefly served in the U.S. Army Reserve before attending Harvard Business School, where he graduated in 1972. For years, he has reaped huge returns through his quant firm, Renaissance Technologiesalso the source of wealth for Republican donor Robert Mercer and Democratic supporter Henry Laufer (No. [48], In early 2008, Schwarzman announced that he contributed $100 million toward the expansion of the New York Public Library, for which he serves as a trustee. Theyre peas in a pod, said Ms. Bancroft, who often gets a Valentines Day card from Mr. Schwarzman thanking her for the introduction that has made him the happiest man in the world. She attracts headlines for being someone who can attract wealthy husbands and spends money on lavish homes and birthday parties with stars such as Rod Stewart and Patti LaBelle performing. Support. This site uses Akismet to reduce spam. By contrast, the entrance of the private equity guru Stephen A. Schwarzman and his wife, Christine, was inconspicuous. Required fields are marked *. He put $3.5 million into two pro-Trump super-PACs and $6 million into the Senate Leadership Fund. In 2013, Schwarzman provided the full financial backing needed to launch Schwarzman Scholars, an international scholarship program at Tsinghua University in Beijing that aims to educate future global leaders about China. According to Forbes, he had a net worth of $12.4 billion as of August 2018, increasing to $19 billion as of October 2020. . While the couple have no children together, Hearst has one child from a previous marriage. When the firm goes public, he will scoop at least $449m and his ongoing 23% stake in the business will be worth $7.7bn. And he is still, most definitely, on the Republican radar screen. Saul Steinberg sold the apartment to Schwarzman. At the memorial, numerous attendees took note that Mr. Petersons most famous protg was not selected as a speaker. No wonder Warren was willing to spend more than $10 million to get Trump reelected. It has founded its own association, The Private Equity Council. While the party lives in infamy, congressional curiosity wasnt caused entirely by it. According to Forbes latest figures, the CEO and Chair of Blackstone is today worth a staggering $15.1 Billion. Christine Hearst, a lawyer, and Stephen A. Schwarzman, the investment banker, were married on Friday at the bridegroom's apartment in New York. Since 1990, Schwarzman and his wife have given more than $283,000 to political candidates, according to the Center for Responsive Politics. Over the summer, Warren told Forbes that the 2020 election would be the most important in a generation.. Despite being called out for his extravagant lifestyle, Schwarzman is clearly not one to let the haters get in the way of his enjoyment of the finer thing in life, certainly not when it comes to throwing a party, in any case. Rachel Maddow has recently been getting more than her usual amount of media attention as her MSNBC show, The Rachael Maddow Show has been deemed to be too far left by The New York Times. This is the fourth installment of a four-part series exploring the money billionaires poured into the 2020 election. In 1995 he married a lawyer named Christine Hearst. [69][70] He spent millions of dollars on both his sixtieth and seventieth birthday parties. That did not happen until after Mr. Trump won the election, at which point Mr. Schwarzman agreed to come aboard his team of business advisers and began raising money for his re-election. Its a matter of confidentiality., Anyway, Mr. Salovey pointed out, there are hundreds of spaces on our campus named for donors.. But the Blackstone Group is an enormously powerful real estate investor. What he wanted in return was too much for the district", "M.I.T. Edward Norton. Schwarzman didnt get the job. Schwarzman married his second wife Christine Hearst in 1995, an intellectual property lawyer who grew up on Long Island, New York. To read more about Yass political contributions go here. As a subscriber, you have 10 gift articles to give each month. In June, Schwarzman completed Blackstones $4.75 billion initial public offering, the largest so far this year. Photograph: Domenico Stinellis/AP Fashion Fashion meets. Mere months after Mr. Schwarzman spent $100 million to have his name plunked across the facade of the New York Public Library, Mr. Koch paid $100 million to have his name put on the facade of Lincoln Center. This cool friendly mysterious economist originating from Philadelphia, Pennsylvania, United States has a thin body & round face type. Cardinal Dolan still cant entirely remember who they were. Blackstone . Thats why Im not going to my 60th reunion, he said. In 1995, Schwarzman wed Christine Hearst, an attorney for intellectual property who was born and raised on Long Island, New York. And the education center at the National Library of Israels new landmark building in Jerusalem is being named for Mr. Schwarzman, after a contribution earlier this year for $10 million. Christine, a corporate lawyer, had recently separated from Austin Hearst, the grandson of the media baron William Randolph Hearst. Not all the publicity the church receives is positive, so it came as a relief to hear that the exhibit was being underwritten by his old friend Mr. Schwarzman. Both are now big Democratic donors. She also has a child from a former partner. The investment cost less than 1 percent of his 2017 income. Mr. Schwarzman will be the fifth Chairman of the Center. Between 2013 and 2017, it provided more than $400 million to the troubled real estate projects of Mr. Trumps son-in-law, Jared Kushner. This is partly because the gifts often come with conditions. Soon, Mr. and Mrs. Schwarzman began dining tte--tte with Cardinal Edward Egan, the late archbishop of New York. Julia La Roche for Business Insider. He spent $4.5 million to team up with a group of media firms and the Lincoln Project to produce digital ads criticizing Trump. Hitler? At this point, it has hired just about every big firm in town. Practice Area: General Practice Profile updated: 3/17/13 Submit profile update. Last Valentine's Day, Schwarzman reportedly spent $3 million on a lavish birthday bash. The richest man in private equity, Schwarzman put $35 million into a super-PAC called the Senate Leadership Fund supporting Republican senators. [43], According to Bloomberg Billionaires Index, he had a net worth of $32 billion as of October 2022. Instead, he donated to Jeb Bush. Occasionally, Schwarzman has gone off message. Search instead in Creative? He also gave $2 million to a group supporting one particular Republican senator, Susan Collins of Maine. He wasnt a fan of Obamas presidency, The 20 Worst Companies to Work For in 2019, Napas Palmaz Vineyards is the Most Hi-Tech Winery in the World, The 20 Richest Plastic Surgeons in the World, Dissecting the Multi Billion Dollar Business of Televangelism, 10 Things You Didnt Know about Rachel Maddow, 20 Countries With the Least Amount of Debt, The 10 Most Expensive Skateboards in the World, The 10 Best Ducati Motorcycles of All-Time. The founder and CEO of Chicago insurance firm Ryan Specialty Group avoided donating to Trump. Just look at Mr. Schwarzmans relationship with the president. [77] However, the title was included with a dagger next to it, used to indicate that retailers reported receiving bulk purchases. He had previously been married to Ellen Philips, the daughter of a wealthy Ohio industrialist, whom he met during his graduate work at Harvard Business School. "[21], In September 2011, Schwarzman was listed as a member of the international advisory board of the Russian Direct Investment Fund. Last week, members of the Senate Finance Committee asked five private equity firms to detail their investment stakes in nursing homes and to provide copies of contracts about their operations. What is Stephen Schwarzman's net worth and salary? First: New York City has more residents worth at least $30 million than any metropolis on planet Earth, but it still regards itself as a progressive enclave. Over the last few weeks, friends of the Schwarzmans have been slightly surprised that his check underwriting the exhibition didnt translate into invitations for them. Schwarzman and his wife, Christine Hearst (yes,. With the net worth of $18.4 Billion, Stephen Schwarzman is the # 81 richest person on earth all the time follow our database. Billionaires played a bigger role in the 2020 election than ever before. There are several reasons Mr. Schwarzman inspires enmity. In 2018, he polled again, this time in the Top 50 of Forbes list of the Worlds Most Powerful People. The former intellectual property lawyer was married to publishing heir. The job got him a private lunch with Laura Bush in the White House residence. He has given $4,600 to John McCain, $2,300 to fellow private equity titan Mitt Romney and $25,000 to the Republican National Committee. Mr. Schwarzmans charitable contributions have ignited controversy. The economist is married to Christine Mularchuk Hearst , his starsign is Aquarius and he is now 75 years of age. He is currently married to Christine Hearst in 1995. Well, having money helps a lot. In the early years of the millennium, TIME confirmed what wed all suspected for some time: Stephen Schwarzman is seriously influential. All that money for a bunch of useless fountains, said Michael M. Thomas, the best-selling author who preceded Mr. Schwarzman both as a student at Yale and as a partner at Lehman Brothers. So whose idea was it to name the building in the donors honor? economy. His parents, Arline and Joseph Schwarzman, owned Schwarzmans, a dry-goods store. Despite its secret status, the society has become something of an institution, thanks largely to its influential alumni and the various conspiracy theories and folklore that surrounds it. Stephen Allen Schwarzman (born February 14, 1947) is an American billionaire businessman. After his naming as one of the magazines 100 Most Influential People in 2007, Schwarzman had to wait a few years before his prowess was recognized for a 2nd time; this time around, it was Forbes that did the recognizing, given him poll position on their 2017 list of the most influential people in finance. (Mr. Schwarzman apologized, but still.). Stephen has been married to Christine Hearst since 1995, with whom he has no children, however, Stephen was previously married to Ellen Phillips, from 1971 to 1990 . Schwarzmans work ethic takes him beyond the scope of normal human endurance: in addition to his activities with Blackstone, he serves on the board of more organizations, corporations, trusts and charities than you would have thought possible. He made his 13400 million dollar fortune with Co-Founder, chairman & CEO of The Blackstone Group. The top 20 collectively spent $2.3 billion. The often-pugnacious hedge fund titan, who has a history of supporting both conservative and LGBTQ political causes, staunchly opposed Donald Trump in 2016. Update, April 16, 2021: After publication Forbes added Jeff Yass to the Worlds Billionaires list. Christine Hearst Schwarzman Lawyer. So when Versace was approached to sponsor the Costume Institute gala, but didnt have enough money, calling Mr. Schwarzman made sense. Under Schwarzmans leadership, it quickly grew into the largest buyout firm in the world, with $439 billion in assets. Plans College for Artificial Intelligence, Backed by $1 Billion", "Oxford to receive biggest single donation 'since the Renaissance', "Schwarzman Centre: Planning application submitted for concert hall", "Blackstone CEO pledges to donate the majority of his wealth to charity", "EXCLUSIVE: Billionaire Steve Schwarzman signs Warren Buffett's Giving Pledge", "USA Track & Field | Stephen A. Schwarzman Pledges $8,000,000 to USATF Foundation in Support of Elite Track & Field Athle", "A Billionaire's Party Is a Lens on Wealth in the Trump Era", "Jared and Ivanka Attended Steve Schwarzman's Epic 70th Birthday Party in Palm Beach", "Big Water Users Get Flak in Drought: Calls for Surcharges as Vast Amounts Consumed by Wealthy Palm Beach Residents Draw Ire of Neighbors", "Golden Plate Awardees of the American Academy of Achievement", "President Confers Mexican Order of Aztec Eagle on co-founder and CEO of the Blackstone Group Stephen Allen Schwarzman", https://en.wikipedia.org/w/index.php?title=Stephen_A._Schwarzman&oldid=1151567984, This page was last edited on 24 April 2023, at 21:21. His list of donations would be too extensive to roll- off in full, but some key highlights include his gift of 150 million to Yale University to establish the Schwarzman Center; his $5 million contribution to Harvard Business School to support research into the consequences of AI on industries and business; a $40 million donation to the Inner-City Scholarship Fund; and a $100 million prize to the New York Public Library. . In 2017 former World Wrestling Entertainment CEO Linda McMahon took a cabinet position in the Trump White House, serving as head of the Small Business Administration. [61][62], Schwarzman announced in February 2020 that he had signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes. One of their sons, Todd, serves as finance chairman of the Republican National Committee, while another, Pete, is the governor of Nebraska. The central reference building on 42nd Street and Fifth Avenue was renamed The Stephen A. Schwarzman Building. The couple had two children together. A lot of celebrities do not know what to do with their money anymore in 2022. The average Palm Beach resident consumes 108,000 gallons per year. [30] Eventually a deal was brokered with Schwarzman's help. The group, which includes JPMorgan Chase CEO Jamie Dimon, Walt Disney boss Bob Iger and former General Electric leader Jack Welch, became Trump's Strategic and Policy Forum. The total estimated net worth of Stephen A. Schwarzman is about $14 billion approximately. Asia Pacific +65 6212 1000. When Mr. Schwarzman celebrated his 70th birthday in Florida in February 2017, Mr. Kushner and his wife, Ivanka Trump, were among the guests. He and his wife, Marilyn, gave $10 million to SMP, the super-PAC supporting Democrats in the Senate. [57], He has sat on the board of trustees of New York-Presbyterian Hospital since 2016. For over a decade, I've spent all my time, energy and resources trying to address the big systemic problems we have in this country, he said in a statement. 7) at the State University of New York at Stony Brook, Laufer joined his colleague at Renaissance Technologies, the hedge fund Simons founded. Blackstone CEO Stephen Schwarzman, a private equity pioneer, is fantastically wealthy, politically generous and very well-connected in Washington. The previous chairmen are Roger L. Stevens, Ralph P. Davidson, James D . [1], Schwarzman was raised in a Jewish family in Huntingdon Valley, Pennsylvania, the son of Arline and Joseph Schwarzman. I cant answer questions about the contractual negotiation, Mr. Salovey said in a phone interview that was supervised by a public relations person from Mr. Schwarzmans team. . Reps. Sander M. Levin (D-Mich.) and Charles B. Rangel (D-N.Y.) announced a bill increasing the tax rate paid by investment mangers on a portion of their income known as carried interest. According to the Guardian, the couple currently reside in a 20,000 square foot, two-floor Park Avenue apartment boasting 35 rooms, his-and-hers saunas, a pine-paneled library and 13 bathrooms. Katy Perry ascended the red carpet at the annual Costume Institute gala looking like the bride of Frankenstein in her red John Galliano dress and veil. She later remarried Steve Schwarzman in 1995, one of the worlds most powerful financiers and co-founder of Blackstone group. Republican presidential candidate John McCain received $11,200 from Schwarzman, the most of any individual candidate. Learn how your comment data is processed. When you work with the likes of Stephen and Christine, everyone benefits., So Mr. Schwarzman may be a flash point for income inequality, a man with more money than respect, but that seldom stops him from having the last laugh, or getting the multi-million-dollar tax write-off. Who cares? In 2007, Schwarzman led the biggest leveraged buyout in history when Blackstone acquired Equity Office Partners in a $34 billion deal. But even if you dont count the billion-plus dollars that went to his own campaign, Bloomberg still would have donated more than all but two billionaires to the 2020 election. Christine Hearst Schwarzman (m. 1995), Ellen Philips (m. 1971-1990) Divorce: Ellen Philips (1990) Children: Teddy Schwarzman, Zibby Owenz, Elizabeth Schwazman: . He wore a simple black tuxedo. Covid-19 hasnt been kind to the gambling business, but you wouldnt know that looking at the Adelsons 2020 donations. The couple wrote a hefty check to underwrite the Mets Heavenly Bodies show. In fact, many of them lately like to show off, 40/ 40Cardi Bs dream mansion in Atlanta rap-up.com After two years of house hunting Cardi B, 55/ 55Sean Penn $70,000,000 via bz-berlin.de Sean is a dinosaur in Hollywood, but he manages. Height Weight Hair Colour Eye Colour Blood Type . Both awards are presented only to those individuals who have significantly contributed to the French nation, making their award to a non-French citizen a vary rare and prized occurrence. Stephen Schwarzman Net Worth Detail. The son. We already know about Paul Tudor Jones, Jamie Dimon and Steve Schwarzman because we read . However he does like to take on other topics involving some of his personal interests like automobiles, future technologies, and anything else that could change the world. Before that, he raised at least $100,000 as a Bush Pioneer, helping out an old buddy from Yale. Schwarzman knows Bush from back when he held a different title: Delta Kappa Epsilon president. Check the full bio for relationship details. People close to the museum and to Ms. Wintour have been a little surprised that requests made of the Schwarzmans occasionally get turned down. [4], Schwarzman's first business was a lawn-mowing operation when he was 14 years old, employing his younger twin brothers, Mark and Warren, to mow while Stephen brought in clients. Schwarzman is known for his lavish lifestyle, complete with the clichs of wealth: the Sikorsky helicopter, the Monets and the $40 million, 35-room, three-floor Park Avenue apartment. In November. The famous fete catapulted Schwarzman into Wall Street and K Street infamy. Part 2. A week before the much-anticipated IPO, Sen. Chuck Grassley (R-Iowa) introduced legislation hiking the tax rate for publicly traded private equity partnerships from 15 percent to 35 percent. [34][35] In February, Schwarzman was named as chair of the 16-member President's Strategic and Policy Forum, which brought together "CEOs of America's biggest corporations, banks and investment firms" to consult with the president on "how to create jobs and improve growth for the U.S. The Schwarzman Scholars program is housed at Tsinghua University. Schwarzman and his wife, Christine Hearst (yes, as in the Hearsts), recreated their expansive apartment in the cavernous Park Avenue Armory. After completing his MBA at Harvard Business School, Schwarzman landed a position at the investment bank, Lehman Brothers. To the delight of Mr. Thomas, the donation still went through. He led the biggest leveraged buyout in history, 8. Ricketts, who founded a stock brokerage firm that grew into TD Ameritrade, and his wife, Marlene, spent millions supporting Trump and GOP senators ahead of the 2020 election. 7. Peterson has been lobbying against the bill on the Hill and in the Treasury Department. Lots of it. The economist is married to Christine Mularchuk Hearst , his starsign is Aquarius and he is now 76 years of age. Stephen married for a second time in 1995 to his current wife, Christine Hearst. Jimmy Lee, a friend of Mr. Schwarzmans, has joked that Mr. Schwarzman has given more money to the archdiocese than any Jew in New York. When he turned 60, Schwarzman outdid even himself. Katarina Martinson Family, Family Tree, Roman Avdeev Life, Family, Business, Net Worth, David M. Overton Chief Executive Officer Of The Cheesecake Factory. That group spent big on congressional races in New Mexico, Virginia, California and Oklahoma. He identified as center-right and said the eventual GOP nominee should appeal to independent voters, not the right wing of the Republican Party. As the founding CEO and chair of the Blackstone Group (the worlds largest buyout firm), Stephen Schwarzman ranks as one of the worlds richest and most controversial figures. Money hasnt made Stephen Schwarzman universally beloved. Frequently Ask Questions What is the height of Stephen Schwarzman? Lo and behold, this is our Top 60 of celebrities that have been caught smoking or, Celebrities dont always wear makeup anymore. Former President Trump got some love, too, with committees that support him receiving $3.7 million. In 2004, he became chairman of the board of the Kennedy Center, a position he still holds today. His mammoth salary and extravagant lifestyle have led some to name and shame him as the poster boy for financial excess. I always think about what will kill off the other bidder. Five years later, Mr. and Mrs. Schwarzman made their first real mark as a society couple by buying a 17,000-square-foot, three-floor penthouse apartment at 740 Park Avenue. "[33] He had previously made a donation to Marco Rubio in 2014. She has a child from a previous marriage. But the subsequent negotiations around the retirement package of his mentor Mr. Peterson, then 81, were brutal. Since its inception, the program has maintained ties to the United Front Work Department as well as other organizations and personnel affiliated with the Chinese Communist Party. Knickerbockers guided guests to their tables, which were in a space designed to replicate the couples living room. His second wife, Christine is an intellectual-property lawyer from Long Island, . [14], When Blackstone went public in June 2007, it revealed in a securities filing that Schwarzman had earned about $398.3 million in fiscal 2006. The hedge fund billionaire spent $342 million on his own presidential campaign, plus another $73 million supporting left-leaning causes and voter-registration efforts. Stephen Schwarzman is nothing but the highest paid president of the United States and the world, yet it does not lead to oil companies. The total net worth of Stephen Schwarzman is $20 Billion. A lawyer specializing in intellectual property, Christine was raised in Long Island, New York. Stephen & Christine Schwarzman Net worth: $22.5 billion Contributions: $48 million Equivalent donation for median American household: $256. Much of the cultural vitality of New York has long been due to the benevolence of such great Americans as Brooke Astor and David Rockefeller, Ms. Wintour said in a statement last week. That was its own kind of a leveraged buyout. During Trumps race for candidacy, Schwarzman came out to favor the real estate mogul over his revival, Ted Cruz, telling CNBC America needed a cohesive, healing presidency, not one thats lurching either to the right or to the left. Schwarzman has a long history with the Republican party: as well as raising at least $100,000 as a Bush Pioneer, he briefly served as chair of President Trumps short-lived Strategic and Policy Forum, a group of cooperate executives including CEO of JPMorgan Chase, Jamie Dimon, Walt Disney head Bob Iger and former General Electric leader Jack Welch that served to advice Trump on employment matters and the economy. Theyre energizer bunnies. I always think about what will kill off the other bidder. Consider yourself warned. has more residents worth at least $30 million than any metropolis on planet Earth. How much incentive does he need, given his direct ownership of the company, to get him to produce more for his limited partners? he asked. [76], In 2019, Schwarzman wrote his first book titled, What It Takes: Lessons in the Pursuit of Excellence, "which draws from his experiences in business, philanthropy and public service." The Schwarzman's are well known spendthrifts, and much to the great discomfort of everyone else, spend absurd amounts of money on birthday parties, lavish homes, and stone crabs. They donated money, too. Schwarzman was briefly chairman of President Donald Trump's Strategic and Policy Forum. 2014 - 2023 Marathi.TV - All Rights Reserved. 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. Blackstone declined to comment for this story. In addition to his contribution to the MIT Schwarzman College of Computing, Schwarzman has invested heavily in various other educational causes. Last May, a familiar routine took place on the steps of the Metropolitan Museum of Art. Zibby Owens , Christine Schwarzman and guests attend Literacy Partners Evening Of Readings Gala & Dinner at Cipriani Wall Street on April 11, 2022 in. Christine married Austin Chilton Hearst, grandson to William Randolph Hearst, in 1984 and they share one daughter together. Schwarzman married his first wife Ellen Philips in 1971, a trustee of Northwestern University and the Mount Sinai Medical Center. Blackstone started out as a relatively small concern, dealing primarily in mergers and acquisitions. They got associates to join them as well, making them official Biden bundlers. Republican staffers and investment fund colleagues quietly agree, comparing Schwarzmans party with a lavish party thrown by Tyco CEO Leo Dennis Kozlowski, now serving time for corporate fraud. Earlier this year, Mr. Schwarzman gave $25 million to the high school he had attended in Abington, Pa. When they talk about private equity, Democrats in Congress describe greedy, risk-taking managers, benefiting from secret tax code loopholes. The result was the global private equity firm, The Blackstone Group. Mr. Schwarzmans courtship did not take long. After Mr. Peterson lost control of Lehman in 1984 and left the company, Mr. Schwarzman was behind the putsch that drove their enemies from power. Coming out of Hicksville, Long Island, she is the daughter of Peggie and Peter Mularchuk. Marcus cofounder from Home Depot, Arthur Blank, supported Biden in 2020, but Marcus spent more than 30 times as much on Trump as Blank did on Biden. New York Democratic Sen. Charles Schumer, a member of the Senate Finance Committee who is expected to introduce his own broad tax increase bill, received $8,000. [55][56] Additionally, Schwarzman is also a member of the Berggruen Institute's 21st Century Council. Here are the donors Forbes found, ranked in order of how much they spent and listed with their donation converted to an equivalent sum based on the median household income.
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