The Real Deal Los Angeles

Stephen Schwarzman penning “business book”: report

Blackstone boss said to be shopping tome to publishers

April 28, 2016 09:30AM

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From the New York site: Billionaire Blackstone Group chairman and CEO Stephen Schwarzman is looking to add another gig to his CV: ink-stained wretch.

The private equity executive is writing a book, and reportedly seeking a publisher, the New York reported.

“It’s not exactly a memoire,” the source told the Post. Rather, Schwarzman has been “talking about publishing a business book.”

The source said Schwarzman, whose net worth was estimated at $10.5 billion by Forbes this week, is “shopping it to publishers,” though the Post reports that the work is actually still in its early stages.

Schwarzman founded Blackstone, now the world’s largest alternative investment firm, in 1985. The company’s real estate division is one of New York’s most prominent investors. [NYP] – Ariel Stulberg