Schwarzman Gets $734 Million in Record Year for Blackstone

  • Co-founder, biggest shareholder has 12% jump in total payout
  • Dividend policy diverges from KKR, founded by Kravis, Roberts

Steve Schwarzman.

Photographer: Andrew Harrer/Bloomberg

Steve Schwarzman is pulling ahead as the wealthiest man in private equity after a record year for Blackstone Group LP.

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