Blackstone CEO Steve Schwarzman earned over $1 billion in 2024, sparking debates on private equity taxation.

Blackstone CEO Steve Schwarzman earned over $1 billion in 2024, primarily from dividends on his stake in the company. His total earnings increased by 9% from the previous year, with $916 million coming from dividends and $84 million from compensation. The surge was fueled by Blackstone's robust performance, including $87 billion in asset sales and $171 billion in new capital raised. This has sparked debates over the taxation of private equity profits.

March 01, 2025
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