Deals
Schwarzman's $425 Million Payout Leads Private Equity Titans
- KKR’s Kravis, Roberts each take home more than $116 million
- Founders of largest private equity firms are all billionaires
Steve Schwarzman
Photographer: Andrew Harrer/BloombergThis article is for subscribers only.
In an industry whose top executives don’t make small change, Steve Schwarzman once again took home the most money among private equity titans for the year.
The Blackstone Group LP co-founder received $378 million in dividends on his stock ownership in 2016, according to calculations based on the firm’s annual report filed Friday with U.S. regulators. Including his cut of deal profits, salary and other compensation, Schwarzman took home $425 million, down from $734.2 million the previous year.