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    Home»Private Equity Professionals»Blackstone CEO Schwarzman took home $610.5 million in 2020
    Private Equity Professionals

    Blackstone CEO Schwarzman took home $610.5 million in 2020

    March 2, 20211 Min Read
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    Blackstone Group Inc Chief Executive Stephen Schwarzman pocketed at least $610.5 million in 2020 from dividends and compensation, more than any other private equity executive and up 20% from last year despite the impact of the COVID-19 pandemic, regulatory filings showed.

    Schwarzman, 74, received $86.4 million in compensation and $524.1 million in dividends from his Blackstone shares, a regulatory filing showed on Friday. His net worth is currently pegged by Forbes at $22.3 billion.

    Blackstone President Jonathan Gray, Schwarzman’s No. 2, took home at least $216.1 million in 2020, consisting of $123.2 million in compensation and $92.8 million in dividends from the company’s shares he owns, the filing showed. Gray, 51, has a net worth of $4.5 billion, according to Forbes.

    KKR & Co Inc co-founders and co-Chief Executives Henry Kravis and George Roberts collected at least $81.3 million and $85.4 million respectively, primarily from their holdings in the firm, a regulatory filing showed.

     

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    Source: Reuters

    Reporting by Chibuike Oguh in New York; Editing by Dan Grebler

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