Friday, July 1, 2011

Look Who Is About $4 Billion Richer Than He Was Last Week

Steve Schwarzman is $4 billion richer as of June 21st, according to peHub. The last chunk of his 231 million share stake in Blackstone, 38 million shares, vested on June 21. In other words, he didn't technically fully own 38 million Blackstone shares until June 21.

Now he does and those shares are worth around $3.9 billion.
PeHub says he hasn't sold any Blackstone shares yet. This calls for extra fireworks this weekend.


Read more at http://www.businessinsider.com/steve-schwarzman-is-about-4-billion-richer-2011-7

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