According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone - Exclusive at times. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. $115k. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Stephen Schwarzman was born on February 14, 1947. This consisted of $123.2 million in compensation and $92.8 million in dividends. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. - Embrace of Tech Find your private company bowl on Fishbowl, join the hottest conversation with your colleagues anonymously. Very comfortable. Schwarzmans annual earnings in 2021 was USD 1.1 billion. WebHow much do The Blackstone Group employees make? Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. What should I know /ask during the interview? As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. Having problems? Compensation On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Search open Executive Assistant Jobs at The Blackstone Group now and start preparing for your job interview by browsing frequently asked Executive Assistant interview questions at The Blackstone Group. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. WebThe average The Blackstone Group executive compensation is $229,080 a year. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. - Diverse Teams Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. Very smart people. Unusually high pay is the main attraction. Does anyone know if compliance at Blackstone etc. This rating has decreased by -38% in the past 12 months. This rating reflects the overall rating of The Blackstone Group and is not affected by filters. CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O That included USD 182.7 million from dividends tied to his 3% stake in Blackstone. Schwarzmans annual earnings in According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. I own a lot of stock, and I invest in all of our funds, so the firm is my family office, Schwarzman, 76, said at an industry conference this year. Schwarzman heir apparent as CEO, Jon Gray, who is also the Blackstone President, earned USD 479.2 million in 2022. , Blackstones fundraising machine slowed last year, and market swings hampered new deals. Glassdoor has 617 The Blackstone Group reviews submitted anonymously by The Blackstone Group employees. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This consisted of $123.2 million in compensation and $92.8 million in dividends. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. WebChairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory Offers may be subject to change without notice. There really are no cons in my mind. Investing titan Schwarzman owns around 20% of Blackstone shares. FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. Past performance is not indicative of future results. CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. By contrast, the S&P 500 delivered 18% total losses. This consisted of $123.2 million in compensation and $92.8 million in dividends. - Work life balance Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Past performance is not indicative of future results. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. Reported By:| Edited By: DNA Web Team |Source: DNA webdesk |Updated: Feb 25, 2023, 01:59 PM IST. Investing titan Schwarzman owns around 20% of Blackstone shares. WebChairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory Good infrastructure. Find out more about Executive Assistant salaries and benefits at The Blackstone Group. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. Unusually high pay is the main attraction. Respectful work culture. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. WebThe average The Blackstone Group executive compensation is $229,080 a year. It's not easy to get a job at Blackstone. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. Investing titan Schwarzman owns around 20% of Blackstone shares. Management are exceptionally intelligent and ethical. 401k matching, daily meal stipend, bonus (depending on department), abusive managers, poor protocols re: COVID, bias/racism, poor pay structure, Great company and culture, beautiful offices, Does not pay well. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. This is 13.7% worse than the company average rating for salary and benefits. Tired of getting emails on Fridays that ruin my weekend. 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. The bad ones didnt make the job unbearable, just much less enjoyable. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Salary level, culture, etc. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. A crown jewel property fund for wealthy investors, the Blackstone Real Estate Income Trust, faced a line of investors wanting out, prompting it to limit redemptions. 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 Schwarzmans status as one of Wall Streets highest earners with a net worth of $30.6 billion, according to the Bloomberg Billionaires Index. Find out more about, Good Support Structure, but no support for the Admins, It all depends on the team/people with whom you are working, Executive Assistant Jobs at The Blackstone Group, Executive Assistant interview questions at The Blackstone Group, Executive Assistant employees at The Blackstone Group. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. Verify your email to use filters. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Open opportunities for growth. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. The pros are the people, depending on your department. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. I e experienced good and bad teams. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise. Free lunch, holiday parties/social events, and brand recognition. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.4 out of 5 stars based on 15 anonymously submitted employee reviews. - Exposure / Growth, - Culture It's not easy to get a job at Blackstone. Blackstone is on track to pay nearly $1.6m per head for 2022. This is 22.2% worse than the company average rating for salary and benefits. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. Love working here. $115k. Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. Past performance is not indicative of future results. WebBrowse Executive Salaries Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. Research & Science Based on 209 salaries Analyst 138 salaries Summer Analyst 28 salaries View More Finance & Accounting Based on 166 salaries Financial Analyst 26 salaries Private Equity According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone Find out more about Executive Assistant salaries and benefits at The Blackstones president, Jonathan Gray received a total pay package of $216.1 million. I mean, when people see you for the first time for the day and walk past your desk without saying a word, it saps away the team spirit. WebFor its 2020 fiscal year, Blackstone Inc., listed the following CEO pay ratio data on its annual proxy statement to the SEC. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. Investing titan Schwarzman owns around 20% of Blackstone shares. WebThe average The Blackstone Group executive compensation is $229,080 a year. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Search open, Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.4 out of 5 stars based on 15 anonymously submitted employee reviews. Past performance is not indicative of future results. This is 22.2% worse than the company average rating for salary and benefits. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. WebExceptional Talent. That is an increase from the prior year., Though neither is paid an annual cash bonus, they still collect more than the CEOs of Wall Streets biggest investment banks, where compensation packages for the top brass usually tally into the tens of millions. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. Great people to work with and for. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. The cons are the workload, along with exponential personnel growth with limited HR infrastructure and or support/encouragement for staff. The Blackstone CEO has a net worth of USD 30.6 billion, according to the Bloomberg Billionaires Index. Lazy admin employees are tolerated and hard working admins are exploited and rewarded with more work. Does Blackstone provide WLB for working mom? He had established The Blackstone Group, a global private equity firm in 1985 with Peter G. Peterson, former chairman and CEO of Lehman Brothers and US Secretary of Commerce under President Richard Nixon. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice| Do Not Sell/Share My Personal Information| Ad Choices Schwarzmans annual earnings in 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. WebBrowse Executive Salaries Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. This consisted of $123.2 million in compensation and $92.8 million in dividends. Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Blackstone 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 worlds largest.