“Doing a me-too business, because it's you - the only person who cares about that is you. The market doesn't care if it's you. The market is pretty much being served. You better have something that the world doesn't have, because even then, you might screw it up through your own ineptitude and inexperience.”

American businessman

Stephen A. Schwarzman is an American businessman and investor, born in 1947. He is chairman and chief executive of Blackstone Inc. and is known for building the private equity firm into a major global force after co-founding it in 1985 with Peter G. Peterson. Schwarzman has also been active in politics and public policy. He chaired President Donald Trump's Strategic and Policy Forum, and he was a major Republican donor during the 2024 election cycle.