Blackstone Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the worlds largest. This consisted of $123.2 million in compensation and $92.8 million in dividends. On Fishbowl, you can share insights and advice anonymously with The Blackstone Group employees and get real answers from people on the inside. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. FORTUNE may receive compensation for some links to products and services on this website. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. Schwarzmans annual earnings in Find out more about Executive Assistant salaries and benefits at The Blackstone Group. CEO Name CEO Pay Median Employee Pay CEO Pay Ratio Stephen A. Schwarzman CEO Pay$86,380,331 Median Employee Pay$220,000 CEO Pay Ratio393:1 Browse Board of Directors By First Name A B C D E F G H I J K L M N O Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. The median estimated compensation for executives at The Blackstone Group including base salary and bonus is $233,571, or $112 per hour. Schwarzman heir apparent as CEO, Jon Gray, who is also the Blackstone President, earned USD 479.2 million in 2022. Investing titan Schwarzman owns around 20% of Blackstone shares. According to a regulatory filing, Steve Schwarzman, the CEO of Blackstone Inc., earned nearly $1.26 billion in pay and dividends in 2022. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. 32% of Executive Assistant employees at The Blackstone Group would recommend their employer to a friend. Investing titan Schwarzman owns around 20% of Blackstone shares. - Exposure / Growth, - Culture Is this considered PE? According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. The firm delivered record distributable earnings and realized some of its most profitable fund investments last year, he said. Everyone is compensated for the firms success. This rating has decreased by -38% in the past 12 months. His latest earnings make him the one of Wall Streets highest earners. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Web1 Dividends since IPO include $0.59/share of value distributed to shareholders upon spin-off of PJT on October 1, 2015. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. WebHow much do The Blackstone Group employees make? As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $91,251 to $118,734 with the average total cash compensation of $103,585. His heir apparent as CEO, Blackstone President Jon Gray, collected $479.2 million in 2022. Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. He also earned $253.1 million in compensation, most of it through incentive fees and his cut of fund profits known as carried interest., The annual haul, up from about $1.1 billion a year earlier, underscores Schwarzmans status as one of Wall Streets highest earners with a net worth of $30.6 billion, according to the Bloomberg Billionaires Index. Goldman Sachs Group Inc slashed compensation for CEO David Solomon by 29% to $25 million for 2022, while JPMorgan Chase & Co CEO Jamie Dimon's total compensation was unchanged at $34.5 million. - Exclusive at times. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. The Blackstone Group's highest paid executives include: Joan Solotar $7,054,325. It also demonstrates how tightly his fortune is tied to the firm he co-founded more than three decades ago.. WebBrowse Executive Salaries Enter an executive or company name below to search our database of executive compensation packages including salaries, bonuses, stock grants, stock options and other types of compensation at thousands of publicly traded companies. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. The cons are the workload, along with exponential personnel growth with limited HR infrastructure and or support/encouragement for staff. Partner site: Zee News 1998-2022 Diligent Media Corporation Limited, All Rights Reserved. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. Find out more about Executive Assistant salaries and benefits at The Salary level, culture, etc. The Blackstone CEO has a net worth of USD 30.6 billion, according to the Bloomberg Billionaires Index. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. WebHow much do The Blackstone Group employees make? A crown jewel property fund for wealthy investors, the Blackstone Real Estate Income Trust, faced a line of investors wanting out, prompting it to limit redemptions. This consisted of $123.2 million in compensation and $92.8 million in dividends. Lazy admin employees are tolerated and hard working admins are exploited and rewarded with more work. Does Blackstone provide WLB for working mom? Take 30 seconds to, Executive Assistant professionals working at The Blackstone Group have rated their employer with 4 out of 5 stars in 15 Glassdoor reviews. The stock has since generated some 21.2% in total returns this year, outpacing the S&P. In addition, Schwarzman collected $253mn in compensation as chief executive, mostly through incentive fees and a share of fund profits known as carried interest. Read employee reviews and ratings on Glassdoor to decide if The Blackstone Group is right for you. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. Sales of plum holdings, such as The Cosmopolitan of Las Vegas, lifted profits available to shareholders. Management are exceptionally intelligent and ethical. Past performance is not indicative of future results. I mean, when people see you for the first time for the day and walk past your desk without saying a word, it saps away the team spirit. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. I e experienced good and bad teams. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. WebChairman Emeritus & Former Chief Executive Officer, Ogilvy & Mather Worldwide The Right Honourable Brian Mulroney Partner at Norton Rose Fulbright and Former Prime Minister of Canada William G. Parrett Retired CEO and Senior Partner, Deloitte (Deloitte Touche Tohmatsu) Ruth Porat Chief Financial Officer of Alphabet Inc. and Google Inc Directory Appreciate a place where I can use my skills, feel good about what I do and enjoy a good standard of living. - Benefits/Perks Offers may be subject to change without notice. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. Past performance is not indicative of future results. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. This is 22.2% worse than the company average rating for salary and benefits. WION Video Team | Updated: Feb 27, 2023, 01:20 PM IST. Terms & Conditions. This is a lower than average score with the overall rating of The Blackstone Group employees being 4.1 out of 5 stars. - Embrace of Tech All rights reserved. Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Unusually high pay is the main attraction. All Rights Reserved. Investing titan Schwarzman owns around 20% of Blackstone shares. Native Hawaiian or Other Pacific Islander, Opens the Fishbowl by Glassdoor site in a new window, Coming soon! Some global heads do not respect EAs, - Free Lunch Lots of admin support whether it be IT department, mail room, building facilities. Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Past performance is not indicative of future results. Total Equity aggregates grant date fair value of stock and option awards and long term incentives granted during the fiscal year. He had established The Blackstone Group, a global private equity firm in 1985 with Peter G. Peterson, former chairman and CEO of Lehman Brothers and US Secretary of Commerce under President Richard Nixon. This consisted of $123.2 million in compensation and $92.8 million in dividends. Last year, the fund received 29,000 applications for 103 junior (analyst) positions an acceptance rate of 0.4%. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. This is 13.7% worse than the company average rating for salary and benefits. Find out more about, Good Support Structure, but no support for the Admins, It all depends on the team/people with whom you are working, Executive Assistant Jobs at The Blackstone Group, Executive Assistant interview questions at The Blackstone Group, Executive Assistant employees at The Blackstone Group. Free lunch, holiday parties/social events, and brand recognition. By contrast, the S&P 500 delivered 18% total losses. Learn how to navigate and strengthen trust in your business with The Trust Factor, a weekly newsletter examining what leaders need to succeed. Very smart people. Blackstones president, Jonathan Gray received a total pay package of $216.1 million. That included $182.7 million from dividends tied to a roughly 3% stake in the firm. Verify your email to use filters. It is a very nice office setting. WebExceptional Talent. has a good work life balance? WebThe average The Blackstone Group executive compensation is $229,080 a year. Past performance is not indicative of future results. Research & Science Based on 209 salaries Analyst 138 salaries Summer Analyst 28 salaries View More Finance & Accounting Based on 166 salaries Financial Analyst 26 salaries Private Equity Unusually high pay is the main attraction. 2 Dividend yield based on most recent closing price and last twelve months dividends to shareholders of $4.40 per share. Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. Schwarzmans annual earnings in Great people to work with and for. According to Friday's report, Schwarzman received $253.1 million in pay in addition to more than $1 billion in dividends from his Blackstone , Blackstones fundraising machine slowed last year, and market swings hampered new deals. Lunch provided (but it also means I can't leave the office) Schwarzmans annual earnings in 2021 was USD 1.1 billion. Thoughts on ops role at PE firms like blackstone and kkr? Last year, Blackstones shares delivered total losses of 40%, when accounting for dividends. Blackstone Chief Executive Officer Steve Schwarzman took home a record $1.27 billion for 2022, as the investing titan continued building his fortune into one of the worlds largest. This consisted of $123.2 million in compensation and $92.8 million in dividends. WebThe base salary for Executive Assistant III in companies like Blackstone Inc. range from $88,934 to $114,050 with the average base salary of $100,413. I own a lot of stock, and I invest in all of our funds, so the firm is my family office, Schwarzman, 76, said at an industry conference this year. Blackstone has a performance-driven compensation model that is built on long-term alignment with our investors, a spokesman said in a statement. Executive Assistant professionals have also rated The Blackstone Group with a 2.8 rating for work-life-balance, 3.4 rating for diversity and inclusion, 3.7 rating for culture and values and 3 rating for career opportunities. WebBlackRock Inc. annual reports of executive compensation and pay are most commonly found in the Def 14a documents. According to reports, Schwarzman earned around USD 1 billion in dividends and USD 253.1 million in compensation. Copyright 2008-2023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. As partners to our portfolio companies, we provide both empathy and experience as we help our companies create and accelerate value. It's not easy to get a job at Blackstone. This consisted of $123.2 million in compensation and $92.8 million in dividends. Were still collecting data to inform categories such as Age, Disability, Sexual Orientation, and Veteran Status. The fired Google engineer who thought its A.I. I guess the long hours, but those are to be expected. Jonathan Grays take-home compensation package was one of Blackstones biggest at $275 million, but Gray still pocketed far less than the groups CEO Stephen Schwarzman. Blackstone Group Inc. co-founder Steve Schwarzman and his top two executives collected a combined $802.6 million in compensation and dividends last year. WebHow much do The Blackstone Group employees make? Feb 25 (Reuters) - Blackstone Inc (BX.N) Chief Executive Officer Steve Schwarzman took home about $1.26 billion in pay and dividends for 2022, a regulatory filing showed. Glassdoor has salaries, wages, tips, bonuses, and hourly pay based upon employee reports and estimates. Fantastic place for excellent experience in a top-notch environment. - Diverse Teams Blackstone Chief Executive Officer Steve Schwarzman created history by earning a whopping USD 1.27 billion in 2022. Executive Assistant professionals rate their compensation and benefits at The Blackstone Group with 3.2 out of 5 stars based on 15 anonymously submitted employee reviews. $115k. Very comfortable. Compensation Blackstone is on track to pay nearly $1.6m per head for 2022. WebExceptional Talent. Past performance is not indicative of future results. According to Blackstones latest annual report, it paid out $4.40 in dividends per share in 2022, meaning $1.02bn for Schwarzman alone. We work more hours than people outside of the industry. Blackstones Portfolio Operations group along with our experienced advisor community is a team of nimble operating executives with expertise across all aspects of an enterprise.
Henry Mckenna Bourbon Bottled In Bond 10 Year,
Where Is Mary Elizabeth Harriman Today,
Abominable Yi And Jin Kiss,
Cask And Kettle Nutrition Facts,
Articles B