Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $47 billion
- Posted on May 10, 2026
- By Fortune
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- 1 min read
Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $47 billion
Like Jeff Bezos, Sam Altman, and Brad Smith, Stephen A. Schwarzman learned that “setbacks are terrible, but they also are great teachers.”
