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The world’s most powerful business leaders enjoyed eye-watering pay bumps in 2025. And Blackstone cofounder and CEO Stephen Schwarzman had a particularly great year, taking home $1.24 billion last year, thanks to the asset management titan’s record profits.
It’s a 20% bump from the year before, the majority of which came from dividends, and almost reached his 2022 high of $1.27 billion.
Most of the 10-figure income stems from his roughly 20% stake in Blackstone, as Schwarzman boasts a relatively meager salary of $350,000.
And the billion-dollar income is probably a welcome relief for Schwarzman whose net worth has been in free fall since September last year, when the CEO’s fortune reached a high of $60.3 billion. Today, his net worth sits at $44.2 billion.
Blackstone’s shares have struggled as investors grow wary of mounting pressures in private markets. But the recent turbulence is nothing new for the billionaire businessman who has spent decades navigating economic cycles—and he has some words of wisdom for others stepping into the stressful world of finance.
English (US) ·