Blackstone acquires James Packer’s Crown casino empire for $6.5 billion Stephen Schwarzman, Blackstone
Stephen Schwarzman, the CEO and co-founder of the private equity firm Blackstone, came out in support of Donald Trump for reelection to the Presidency of the United States in 2024, and for the Republican Party in general. Schwarzman declared his support in a statement released on Friday, citing concerns about the problem of increasing anti-Semitism in America.
“The dramatic rise of antisemitism has led me to focus on the consequences of upcoming elections with greater urgency,” said Stephen Schwarzman in the statement.
The billionaire investor also cited what he considers to be a number of other problems facing America today, including the economy.
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“I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in the wrong direction,” Schwarzman. “For these reasons, I am planning to vote for change and support Donald Trump for President. In addition, I will be supporting Republican Senate candidates and other Republicans up and down the ticket.”
Donald Trump is making the economy and immigration two of the focal points of his campaign in 2024. Even though the American economy is strong – employment is up and the stock markets are booming – the Republican Party in America has been trying to paint a grim picture of the situation as part of its political strategy.
According to the New York Times, Stephen Schwarzman has donated “tens of millions of dollars to Republican political committees in recent election cycles, including those used by Mr. Trump in the 2020 election.”
Blackstone is an alternative asset manager with more than $1 trillion in assets under management including global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
According to his official bio, Stephen A. Schwarzman has been involved in all phases of Blackstone’s development since its founding. He is an active philanthropist with a history of supporting education, as well as culture and the arts, among other things. In 2020, he signed The Giving Pledge, committing to give the majority of his wealth to philanthropic causes, in both business and philanthropy.
Blackstone is an alternative asset manager with more than $1 trillion in assets under management including global investment strategies focused on real estate, private equity, infrastructure, life sciences, growth equity, credit, real assets, secondaries and hedge funds.
