Blackstone CEO Schwarzman Reaped Record $1.27 Billion in ’22 (2)

Blackstone Inc. 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 world’s largest.

Schwarzman, who owns some 20% of Blackstone shares, reaped roughly $1 billion in dividends alone. He also earned $253.1 million in compensation, most of it through incentive fees and his cut of fund profits known as carried interest.

Steve Schwarzman

Photographer: Hollie Adams/Bloomberg

The annual haul, up from about $1.1 billion a year earlier, underscores Schwarzman’s status as one of Wall Street’s highest earners — with a net worth of $30.6 billion, according to the ...