Blackstone CEO Made $897 Million.

Group 1 - Blackstone CEO Steve Schwarzman earned $897 million last year, contributing to his net worth of $42 billion [1] - Blackstone reported a profit of $2.4 billion on $8 billion in revenue, indicating strong financial performance [1] - The company has nearly $200 billion in "dry powder" capital available for future investments, positioning it well for upcoming opportunities [1] Group 2 - Blackstone's market capitalization stands at $152 billion, although its stock has declined by 3% over the past two years, contrasting with a 17% increase in the S&P 500 [1] - Schwarzman owns 20% of Blackstone, with dividend payments of $777 million last year making up a significant portion of his compensation [1] - The company has established itself as a major player in the economy, providing loans to businesses and financing infrastructure projects [1] Group 3 - Blackstone's long-term success is reflected in Schwarzman's net worth growth from $10.7 billion a decade ago to $42 billion today [1]