[34][35] In February, Schwarzman was named as chair of the 16-member President's Strategic and Policy Forum, which brought together "CEOs of America's biggest corporations, banks and investment firms" to consult with the president on "how to create jobs and improve growth for the U.S. According to Mr. Thomas, Mr. Salovey is right to argue that Mr. Schwarzman is one of many people at Yale with a space named in his honor. Christine Hearst Schwarzman is a smart, well-educated intellectual property lawyer. Streamline your workflow with our best-in-class digital asset management system. Mr. Peterson died in March. His grandfather's answer was simple: "People need help, and I believe in helping them.". Partly, this is because his wife, Christine, is Catholic. Im just thanking God for my beautiful wife and 6 kids by doing something to help everyone and help get the USA off Arab oil. Plans College for Artificial Intelligence, Backed by $1 Billion", "Oxford to receive biggest single donation 'since the Renaissance', "Schwarzman Centre: Planning application submitted for concert hall", "Blackstone CEO pledges to donate the majority of his wealth to charity", "EXCLUSIVE: Billionaire Steve Schwarzman signs Warren Buffett's Giving Pledge", "USA Track & Field | Stephen A. Schwarzman Pledges $8,000,000 to USATF Foundation in Support of Elite Track & Field Athle", "A Billionaire's Party Is a Lens on Wealth in the Trump Era", "Jared and Ivanka Attended Steve Schwarzman's Epic 70th Birthday Party in Palm Beach", "Big Water Users Get Flak in Drought: Calls for Surcharges as Vast Amounts Consumed by Wealthy Palm Beach Residents Draw Ire of Neighbors", "Golden Plate Awardees of the American Academy of Achievement", "President Confers Mexican Order of Aztec Eagle on co-founder and CEO of the Blackstone Group Stephen Allen Schwarzman", History of private equity and venture capital, https://en.wikipedia.org/w/index.php?title=Stephen_A._Schwarzman&oldid=1142654532, American chief executives of financial services companies, People from Montgomery County, Pennsylvania, Private equity and venture capital investors, CS1 maint: bot: original URL status unknown, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 3 March 2023, at 17:17. This is partly because the gifts often come with conditions. Despite its secret status, the society has become something of an institution, thanks largely to its influential alumni and the various conspiracy theories and folklore that surrounds it. The family had comfortable means of income which provided well for the family and awarded Stephen a good education from the very beginning. "[26][27] Schwarzman later apologized for the analogy. Christine said during a press conference about their $40 million donation that, while charter schools produce good results, Catholic schools offer moral instruction as well. Stephen is known to be greatly charitable and has made several contributions to various organizations which help support social and educational causes in the United States and throughout the world. I fixed them up, said Debbie Bancroft, a party scene fixture and a contributor to Avenue Magazine. In 1984, Schwarzman oversaw the sale of Lehman Brothers to American Express and interviewed for a position in Ronald Reagans White House. When the company proposed to go public in 2007, Schwarzman was forced to revel the extent of his earnings: the subsequent security filings showed that in 2006, Schwarzman had taken home the incredible sum of $398m. Attorney Information. [71][72], In 2011, The Wall Street Journal reported on the vast water consumption of wealthy Palm Beach residents during exceptional drought conditions. In 1985, the two decided to join forces and start their own business. Millions of high-quality images, video, and music options are waiting for you. [32], In late 2016, Schwarzman "helped put together" a team of corporate executives to advise Trump on jobs and the economy. Cristine Pirro Schwarzman | Ropes & Gray LLP Join Our Mailing List/ Careers/ Contact Biographies All Biographies Practices Industries Newsroom Menu Firm Global Opportunity Pro Bono Diversity Women Attorneys Alumni Careers Sustainability Biographies Browse by last name: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Biographies That was a paradigm for me when I was growing up.. (David 'Dee' Delgado/Bloomberg via Getty Images), My grandfather was a very powerful force in all of our lives,"Schwarzman, 73, explained to FOX Business in an exclusiveinterview. [49] In 2018, Schwarzman donated $10 million to another library, the National Library of Israel. He led the biggest leveraged buyout in history, 8. got a little freaky. Mr. Schwarzman has been involved in all phases of Blackstone's development since its founding in 1985. Mutual Fund and ETF data provided byRefinitiv Lipper. In the 1990s, she worked at Cowan, Liebowitz & Latman. In June, Schwarzman completed Blackstones $4.75 billion initial public offering, the largest so far this year. I always think about what will kill off the other bidder. He is also the stepfather of a child that his second wife had from her previous relationship. His mentor, Blackstone Senior Chairman Pete Peterson (estimated net worth: $2.5 billion), is even more connected in Washington. Stephen Allen Schwarzman (born February 14, 1947) is an American billionaire businessman. The former intellectual property lawyer was married to publishing heir. He grew Blackstone into the worlds biggest buyout firm, 6. The couple had two children together. Andrew Clark, "The Guardian profile: Stephen Schwarzman". Elizabeth Schwarzman was born in 1976 and is the oldest child of Stephen. One of its major lobbyists is fellow Pioneer and well-connected Ogilvy Managing Director Wayne Berman. Rabbi Bertram Siegel co . [5], Schwarzman attended the Abington School District in suburban Philadelphia and graduated from Abington Senior High School in 1965. Him: The billionaire CEO of private equity firm the Blackstone Group. With over 10 years experience he's covered businesses, CEOs, and investments. Trevor D. Traina. Schwarzman. Your email address will not be published. Additionally, the recent focus on capital improvements at New Yorks most storied nonprofits is occurring at a time when their boards are chock-full of real estate barons and finance wizards who have voted to reduce services, lay off employees and offload assets. How much incentive does he need, given his direct ownership of the company, to get him to produce more for his limited partners? he asked. Its no secret Schwarzman is a Republican, but no one was expecting quite the vitriol the CEO directed at President Obama during the democrats term in office. Occasionally the digitization process introduces transcription errors or other problems; we are continuing to work to improve these archived versions. He didnt come to ring the opening bell at NYSE the first day of Blackstone trading, and he sat out the companys first earnings call as a publicly traded company. Soon after Stephen met Egan, the Schwarzmans began sponsoring students at Catholic schools, including All Hallows and Cardinal Spellman in the Bronx, and starting this year are increasing their endowment. Well, it is if you dont understand a least a smattering of German, Yiddish and Greek. According to Forbes latest figures, the CEO and Chair of Blackstone is today worth a staggering $15.1 Billion. Stephen A. Schwarzman is Chairman, CEO and Co-Founder of Blackstone, one of the world's leading investment firms with $951 billion Assets Under Management (as of September 30, 2022). The bride's father owned Electritek Industries, a former distributor of appliance parts in Hicksville. However, this donation was contingent on several conditions, including naming rights to the school. Mr. and Mrs. Schwarzman arriving at the Costume Institute gala in 2016. Yale is Whoresville, U.S.A. You can quote me on that.. For instance, Schwarzman recalls reading about a runner who injured her leg while training for the Olympics and wanting to help, since he had been a runner himself. [47] In 2007, Schwarzman was listed among Time's 100 Most Influential People in The World. Schwarzman Spouse - Ellen Philips & Christine Mularchuk Hearst Stephen has been married a total of two times so far. Republican staffers and investment fund colleagues quietly agree, comparing Schwarzmans party with a lavish party thrown by Tyco CEO Leo Dennis Kozlowski, now serving time for corporate fraud. Schwarzman and his wife, Christine Hearst (yes, as in the Hearsts), recreated their expansive apartment in the cavernous Park Avenue Armory. Im more than comfortable with that, said Peter Salovey, the schools president. Knickerbockers guided guests to their tables, which were in a space designed to replicate the couples living room. Its their generosity along with that of my friend Donatella Versace that has made this brilliant and groundbreaking exhibition possible. The Costume Institute has the money it needed for the exhibition. Edward Frank Teddy Schwarzman is the son of Stephen and he was born in 1979. A week before the much-anticipated IPO, Sen. Chuck Grassley (R-Iowa) introduced legislation hiking the tax rate for publicly traded private equity partnerships from 15 percent to 35 percent. Powered and implemented byFactSet Digital Solutions. "[36] On August 16, 2017, following five members' resignations, President Trump announced via Twitter he was disbanding the forum. This channel is focused on project management and people who are currently working in construction or desire a career in cons. Others, meanwhile, stand in admiration of his financial acumen, political influence, and philanthropic endeavors. All that money for a bunch of useless fountains, said Michael M. Thomas, the best-selling author who preceded Mr. Schwarzman both as a student at Yale and as a partner at Lehman Brothers. Since then, the investor dubbed the "King of Capital" in a 2011 book by David Carey and John Morrishas amassed both a fortune that Forbes magazine pegs at $18.1 billion and a reputation for philanthropic endeavors. He wore a simple black tuxedo. Schwarzman married his second wife Christine Hearst in 1995, an intellectual property lawyer who grew up on Long Island, New York. In 2012, Obama called Schwarzman and requested his assistance in brokering a budget agreement with Republicans in congress . He helped fund the MIT Schwarzman College of Computing, 9. Schwarzman, along with Henry Kravis of competitor Kohlberg Kravis Roberts, lobbied Washington to kill the bill a few months ago. The personal details of Stephen Schwarzman is given as below: Age: 73 years; Mother Name: Arline Schwarzman; Father Name: Joseph Schwarzman; Marital Status: Married; Wife: Christine Hearst Schwarzman, Ellen Philips; If you like this information, the share it on various social media pages or accounts. The Fifth Avenue headquarters of the New York Public Library is now the Stephen A. Schwarzman building, thanks to a contribution of $100 million in 2008. The couple had two children together. In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to a war and Hitler's invasion of Poland in 1939, stating, "It's a war. And the education center at the National Library of Israels new landmark building in Jerusalem is being named for Mr. Schwarzman, after a contribution earlier this year for $10 million. Sam Matarazzo, a Roman Catholic priest. Its a war, Schwarzman ranted. Teddy Schwarzman. The marriage was blessed with three children, one of them is film producer Teddy Schwarzman. Ms. Versaces clothes are prominently featured in the galleries. Mr. Schwarzman met her sometime around 1994. This article is about the investor. During Trumps race for candidacy, Schwarzman came out to favor the real estate mogul over his revival, Ted Cruz, telling CNBC America needed a cohesive, healing presidency, not one thats lurching either to the right or to the left. Schwarzman has a long history with the Republican party: as well as raising at least $100,000 as a Bush Pioneer, he briefly served as chair of President Trumps short-lived Strategic and Policy Forum, a group of cooperate executives including CEO of JPMorgan Chase, Jamie Dimon, Walt Disney head Bob Iger and former General Electric leader Jack Welch that served to advice Trump on employment matters and the economy. Schwarzman hosts an annual lunch for the entire group and keeps in touch with them individually throughout the rest of the year. born 1979, age 39 (approx.) In the end, Schwarzman was forced to apologize for the contentious analogy. I would see George at breakfast, lunch and dinner, Schwarzman told The Washington Post in 2004. Second: Mr. Schwarzman is famously brash, a 5-foot-6-inch bundle of testosterone who in 2008 described his business philosophy by saying, I want war not a series of skirmishes. This has extended not only to his rivals at competing firms, but also at times to those closest to him. Thats why Im not going to my 60th reunion, he said. Her father was a fireman. Over the next few months, Congress launched a private equity pile-on. Christine married Schwarzman a few years after divorcing Austin Hearst, a Hearst publishing heir. Hes been awarded the Lgion dHonneur, 13. So when Versace was approached to sponsor the Costume Institute gala, but didnt have enough money, calling Mr. Schwarzman made sense. (Name of Partner): . After completing his MBA at Harvard Business School, Schwarzman landed a position at the investment bank, Lehman Brothers. It demonstrates our thankfulness to Steve.. Its like when Hitler invaded Poland in 1939. The attendees were understandably a little bemused. His first wife was Ellen Philips, whom he had met while studying at Harvard. Blackstone CEO Stephen Schwarzman, a private equity pioneer, is fantastically wealthy, politically generous and very well-connected in Washington. I want war, not a series of skirmishes, hes been quoted as saying. 60 Christine Bolton Photos and Premium High Res Pictures - Getty Images CREATIVE Collections Project #ShowUs Creative Insights Custom Content EDITORIAL VIDEO BBC Motion Gallery NBC News Archives MUSIC BLOG BROWSE PRICING BOARDS CART SIGN IN Editorial Images Images Creative Editorial Video Creative Editorial FILTERS CREATIVE EDITORIAL VIDEO All Schwarzman has been married twice: his first marriage in 1971 was to Ellen Philips, a trustee of Northwestern University and the Mount Sinai Medical Center. And when Im gone, somebody else can be looking after them, to make sure theyre always great.. Stephen Schwarzman has supplanted Oracle CEO Larry Ellison, the top of the podium with a total annual compensation of up to 702.4 million dollars (492 million). Zadie Smith . Blackstone Group Chairman and Chief Executive Schwarzman worth more than $10 billion and his wife donated $40 million in September to help underprivileged students pay for Catholic school. Christine Hearst-Schwarzman lawyer, wife of Stephen . Occasionally, Schwarzman has gone off message. Following his election, Trump appointed Schwarzman as the chairman of the White House Strategic and Policy Forum. 2023 FOX News Network, LLC. Whatever your opinion on Schwarzman, hes not easily dismissed. 2014 - 2023 Marathi.TV - All Rights Reserved. In 2018, Schwarzman proved his philanthropic credentials once again when he donated a hefty $350 million sum to help found the MIT Schwarzman College of Computing. [73] Schwarzman was listed as a top-five water user, having consumed 7,409,688 gallons between June 2010 and May 2011. Mr. Schwarzmans courtship did not take long. Well, having money helps a lot. Who cares? [21], He lives in a duplex apartment at 740 Park Avenue previously owned by John D. Rockefeller Jr. Schwarzman purchased the apartment from Saul Steinberg. As Cardinal Dolans visitors explained it to him, the theme for the Costume Institutes big exhibition for 2018 was to be Heavenly Bodies, a tribute to the Catholic imagination. Building a relationship with the Archdiocese of New York has been a long journey for the interfaith couple. Among the philanthropists who have inspired him is Eli Broad, the billionaire behind KB Home, the first homebuilder traded on the New York Stock Exchange, and SunAmerica, the retirement-savings firm acquired by AIG. Annette de la Renta, a board member at the Met and the New York Public Library, doesnt get why all this inspires such fuss, such sanctimony. The story isnt quite true. Schwarzman and his wife, Christine Hearst Schwarzman, are Republican party megadonors. Blackstone Group's CEO Stephen A. Schwarzman and Christine Mularchuk Hearst attend the 2016 Library Lions Gala at New York Public Library - Stephen A. Christine Mularchuk Hearst, jewelry detail, attends the 2016 Library Lions Gala at New York Public Library - Stephen A Schwartzman Building on. TimesMachine is an exclusive benefit for home delivery and digital subscribers. Today, he just wants Washington to leave him and his bankbook alone. [30] Eventually a deal was brokered with Schwarzman's help. Market data provided byFactset. [37], He is a long-time friend of former president Donald Trump and provides outside counsel, and served as chair of Trump's Strategic and Policy Forum. QSpex to offer same-day delivery for prescription glasses REBNY's new return-to-office gauge paints bright view for 'trophy' towers, Food delivery maven unveils NYC shop after dumping Mercedes mobile kitchens, US home prices just did something they haven't done since 2012, JPMorgan Chase requires some workers give 6 months notice before quitting, This Girl Scout cookie flavor is reselling for $100 online -- here's why, Tom Sandoval, Raquel Leviss planned to tell Ariana Madix about affair, Prince Harry says hes not a victim: I never looked for sympathy, Allison Holker pens touching note to kids after Stephen tWitch Boss death, Memphis Grizzlies star Ja Morant allegedly flashes gun at a strip club, Kellyanne Conway and George Conway to divorce, Canadian teacher with size-Z prosthetic breasts placed on paid leave. While the party lives in infamy, congressional curiosity wasnt caused entirely by it. "Can you change something that's really important, that you think without it, it's going to go the wrong way?". The college serves as a vibrant, interdisciplinary hub committed to addressing the global opportunities and challenges presented by the ever-increasing prevalence of computing and the dawning of a new age of AI. [77] However, the title was included with a dagger next to it, used to indicate that retailers reported receiving bulk purchases. Hes a recipient of the Order of the Aztec Eagle, 16. The deeply competitive CEO has no time to waste when it comes to the financial market: if youre up against him, dont expect any courtesy. Quotes displayed in real-time or delayed by at least 15 minutes. Log in to see their photos and videos. Stephen Schwarzman. For 2008, Schwarzman has already maxed out on some of his contributions. The idea, he said, came from a Harvard Law School friend and retired tax lawyer, Stephen Wolfberg, a personal friend of the lawmaker. Hes a killer (figuratively speaking), 19. She worked as a lawyer and had one child from her previous marriage to Austin Hearst. [25], In August 2010, Schwarzman compared the Obama administration's plan to raise the tax rate on carried interest to a war and Hitler's invasion of Poland in 1939, stating, "It's a war. After the public learned about the deal, a new agreement was made and Schwarzman removed several of the conditions for his donation, including renaming the school. Schwarzman, as we know already, has a big income and he has absolutely no hesitation in spending that income any damn way he pleases. Anyone can read what you share. Of this total, 699.8 million came from exercising options he received during the IPO. To preserve these articles as they originally appeared, The Times does not alter, edit or update them. Then, days later, they were welcoming Pope Francis to Our Lady Queen of Angels School in East Harlem. Blackstone started out as a relatively small concern, dealing primarily in mergers and acquisitions. Let us now look at the illustrious Schwarzman Family. Later it was owned by Saul Steinberg, who sold it to Mr. Schwarzman after Mr. Steinbergs company, the Reliance Group, went into bankruptcy. Christine Hearst Schwarzman is Chairman/Founder at IP Network.com. This material may not be published, broadcast, rewritten, or redistributed. [28][29] In 2012, Obama called Schwarzman and requested his assistance in brokering a budget agreement with Republicans in congress to avoid a fiscal cliff. Stephen A. Schwarzman and his wife, Christine, at a benefit in 2014. The hospital was renamed The Stephen and Christine Schwarzman Animal Medical Center. 1. Thats when I said, Bingo, Cardinal Dolan recalled. He is the chairman and CEO of The Blackstone Group, a global private equity firm he established in 1985 with Peter G. Peterson, former chairman and CEO of Lehman Brothers and US Secretary of Commerce under President Richard Nixon. His base salary rose to $ 350,000, according to documents submitted to U.S. regulators. With a total of $1 billion committed to its development, the college represents the largest investment in AI and computing by any academic institution in the world. She is the Chairman/Founder of IP Network.com. January 7, 2015 10:13pm Mike Bloomberg toasted Teddy Schwarzman Wednesday night at a party for the Imitation Game producer thrown by his father, Blackstone Group CEO Stephen Schwarzman and. Theyre peas in a pod, said Ms. Bancroft, who often gets a Valentines Day card from Mr. Schwarzman thanking her for the introduction that has made him the happiest man in the world. We are going to include below all the related information about him birthplace and Birthday as well. More than 81 percent of his donations went to Republican parties and candidates. Mr. Schwarzman and his wife, Christine Hearst Schwarzman, have long been known for their themed Christmas parties. [57], He has sat on the board of trustees of New York-Presbyterian Hospital since 2016. The initiative wasstarted in 2010 by Bill and Melinda Gates and billionaire Warren Buffett to "address some of societys most pressing problems.". As the founding CEO and chair of the Blackstone Group (the worlds largest buyout firm), Stephen Schwarzman ranks as one of the worlds richest and most controversial figures. The acquisition saw Blackstone take control of the companys 540 office building; its portfolio grew yet further when it acquired the Hilton Hotel chain just a short time later. Jimmy Lee, a friend of Mr. Schwarzmans, has joked that Mr. Schwarzman has given more money to the archdiocese than any Jew in New York. has more residents worth at least $30 million than any metropolis on planet Earth. [1][38] In response to criticism for his involvement with the Trump administration,[39] Schwarzman penned a letter to current Schwarzman Scholars, arguing that "having influence and providing sound advice is a good thing, even if it attracts criticism or requires some sacrifice. When it comes to business, Schwarzman takes no prisoners. [78]. Where. Edward has been a successful producer and has set up the Black Bear Pictures, where he serves as President and CEO. At 14 years old, he embarked on his first business venture: a lawn-mowing service with two part-time employees --his younger twin brothers. Search instead in. Schwarzman was born and raised in a Jewish family in Huntington Valley, Pennsylvania. His mammoth salary and extravagant lifestyle have led some to name and shame him as the poster boy for financial excess. Are you aware of the Stephen Allen Schwarzman age? New York Democratic Sen. Charles Schumer, a member of the Senate Finance Committee who is expected to introduce his own broad tax increase bill, received $8,000. It's like when Hitler invaded Poland in 1939. Mr. Schwarzmans charitable contributions have ignited controversy. He is married to Ellen Marie Zajac. It provides visual recognition on a wide scale by using a combination of AI, sensor fusion, and machine, Read More 20 Things You Didnt Know About VeeveContinue, Given their name, it should come as no surprise to learn that electronic noses are devices that can be used to detect smells. Stephen has been married a total of two times so far. Schwarzman, an out- and- proud Republican, is a long- time friend and supporter of President Trump. The couples advocacy is in contrast to many Wall Street elites, who instead choose to direct their charitable donations to charter schools. Since 1990, Schwarzman and his wife have given more than $283,000 to political candidates, according to the Center for Responsive Politics. Welcome to my YouTube channel. While at Lehmans, Schwarzman worked under Chairman and CEO of the group, Peter George Peterson. Next, he worked at the 'Lehman Brothers' which was an . Not C.H.S. He and his wife also take the time to write notes to each childthey sponsor through the Inner-City Scholarship Fund,whichprovides tuition assistance to underprivileged students attending Catholic schools in the Archdiocese of New York. "[21], In September 2011, Schwarzman was listed as a member of the international advisory board of the Russian Direct Investment Fund. It was she who arranged everything.. After Mr. Peterson lost control of Lehman in 1984 and left the company, Mr. Schwarzman was behind the putsch that drove their enemies from power. Schwarzmans business activities havent been in vain- despite giving millions of dollars away to charitable causes, Schwarzman still ranks as one of the worlds richest men. [59], In October 2018, Schwarzman donated $350 million to the Massachusetts Institute of Technology to create the Schwarzman College of Computing. Theyre energizer bunnies. Box 1358 New York, NY 10150 +1 (212) 421 0062 ny@venetianheritage.org . - Assisted in the production . Photograph: Domenico Stinellis/AP Fashion Fashion meets Catholicism:. Poland? [76], In 2019, Schwarzman wrote his first book titled, What It Takes: Lessons in the Pursuit of Excellence, "which draws from his experiences in business, philanthropy and public service." Seven months later, Congress was still talking about the party. Both awards are presented only to those individuals who have significantly contributed to the French nation, making their award to a non-French citizen a vary rare and prized occurrence. She attracts headlines for being someone who can attract wealthy husbands and spends money on lavish homes and birthday parties with stars such as Rod Stewart and Patti LaBelle performing. - Contributed to multiple Discovery networks including Animal Planet, Planet Green, Destination America, and Discovery Fit & Health. The couple's previous marriages ended in divorce. But few have been as grand as Mr. Schwarzman's celebration Tuesday evening, held in a hangar-like space that can accommodate thousands. What he wanted in return was too much for the district", "M.I.T. She married Andrew Curtis Right in 2005. When they talk about private equity, Democrats in Congress describe greedy, risk-taking managers, benefiting from secret tax code loopholes. They love dancing, and they love watching people.. Hear Blackstone and its unlikely youll spot the connection between the name of the multi-billion-dollar company and the name of its multi- billion-dollar owner. He and his wife helped underwrite the exhibition Heavenly Bodies: Fashion and the Catholic Imagination, handing over a check that two sources close to the museum said was in the ballpark of $5 million. That was its own kind of a leveraged buyout. [41], In 2020, Schwarzman donated $15 million to the Senate Leadership Fund,[42] a super-PAC tied to Mitch McConnell. The couple has three children named Teddy Schwarzman, a producer by profession; Zibby Owens, an author and radio personality; and Elizabeth Schwarzman. And obnoxious questions followed about which cost more, the party the couple was waltzing into or the one theyd recently held in Palm Beach, Fla., in honor of Mr. Schwarzmans 70th birthday. Five years later, Mr. and Mrs. Schwarzman made their first real mark as a society couple by buying a 17,000-square-foot, three-floor penthouse apartment at 740 Park Avenue. (Mr. Schwarzman apologized, but still.). In 2013, Schwarzman provided the full financial backing needed to launch Schwarzman Scholars, an international scholarship program at Tsinghua University in Beijing that aims to educate future global leaders about China. When Mr. Schwarzman celebrated his 70th birthday in Florida in February 2017, Mr. Kushner and his wife, Ivanka Trump, were among the guests.