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Schwarzman Foundation Set for Major Expansion in U.S.

2/10/2026

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Summary

Story summary

Stephen A. Schwarzman, the CEO of Blackstone, is expanding the Stephen A. Schwarzman Foundation to become one of the ten largest private foundations in the United States.
The foundation has recently appointed an executive director to manage Schwarzman's vision for its anticipated growth.
The information comes from sources familiar with the plans and from a document reviewed by The Wall Street Journal.

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Story summary

Stephen A. Schwarzman, the CEO of Blackstone, is expanding the Stephen A. Schwarzman Foundation to become one of the ten largest private foundations in the United States.
The foundation has recently appointed an executive director to manage Schwarzman's vision for its anticipated growth.
The information comes from sources familiar with the plans and from a document reviewed by The Wall Street Journal.