“I have a saying: There are no brave old people in finance. Because if you're brave, you mostly get destroyed in your 30s and 40s. If you make it to your 50s and 60s and you're still prospering, you have a very good sense of how to avoid problems and when to be conservative or aggressive with your investments.”

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.