Blackstone's Schwarzman Collects $568 Million in Dividends, Pay

Blackstone Group LP co-founder Steve Schwarzman took home $567.8 million in dividends and compensation in 2018, a 28 percent drop from a year earlier.

The chief executive officer, 72, collected at least $499 million in dividends on his stake in the New York-based private-equity firm, according to a regulatory filing Friday. His pay consisted of $67.4 million in carried interest and $1.7 million of salary, equity and security. In 2017, he got $786.5 million.