Ian Schrager at his Manhattan office

Photograph by Jeremy Liebman for Bloomberg Businessweek

Ian Schrager at his Manhattan office

Photograph by Jeremy Liebman for Bloomberg Businessweek

Ian Schrager's Distinctive Hotels

Schrager at Work
Schrager at Work

Ian Schrager at his Manhattan office

Photograph by Jeremy Liebman for Bloomberg Businessweek
The Halston Days at Studio 54
The Halston Days at Studio 54

From left. in order: Halston, Bianca Jagger, Jack Haley Jr., Liza Minnelli, and Michael Jackson relaxing at Studio 54, which Schrager co-founded in 1977 with Steve Rubell, who died in 1989.

Robin Platzer/Twin Images
Stars at the Hudson Hotel
Stars at the Hudson Hotel

Paul McCartney (left) and Keith Richards chatted on New Year's Day, 2000, during a Jennifer Lopez party at New York's Hudson Hotel, which Schrager had just spent three years renovating

Richard Corkery/NY Daily News Archive/Getty Images
Hudson Hotel
Hudson Hotel

The building now housing the Hudson Hotel in New York served as WNET's headquarters until Schrager took it over in 1997

Michael Loccisano/Getty Images
Morgans Hotel
Morgans Hotel

Morgans Hotel, a former flophouse, was Schrager and Rubell's first boutique accomodations venture. It opened in 1984 and became the flagship title of a hotel chain

Patrice Hauser/Hemis/Superstock
Royalton Hotel
Royalton Hotel

Vogue Editor Anna Wintour attended Schrager's party for Billy Norwich in 1991 at midtown New York's Royalton Hotel. Schrager's second boutique was famed for its busy, stylish lobby

Ron Galella/Getty Images
Delano Hotel
Delano Hotel

The swimming pool at the Delano Hotel in Miami's South Beach, which Schrager hired Philippe Starck to renovate in the 1990s

Nadia Mackenzie/Alamy
Delano Hotel
Delano Hotel

Madonna and then-boyfried Carlos Leon at her birthday party at the Delano Hotel in Miami Beach in spring 1996

Manny Hernandez/Getty Images
Delano Hotel
Delano Hotel

Sean “Diddy” Combs at the Delano

J. Countess/WireImage
Gramercy Park Hotel
Gramercy Park Hotel

After he went independent in 2005, Schrader's first project was Manhattan's Gramercy Park Hotel, where Guy Ritchie posed with Madonna in late 2007

Jason Kempin/WireImage/Getty Images
Gramercy Park Hotel
Gramercy Park Hotel

Zooey Deschanel and Kate Bosworth sharing a laugh at the Gramercy Park Hotel

Billy Farrell/Patrick McMullan
The London Edition Hotel
The London Edition Hotel

The official launch of the London Edition also hosted the première of W magazine's September issue in 2013

Guest of a Guest
The London Edition Hotel
The London Edition Hotel

Cara Delevingne (top) and (from left) Emmanuel Ezugwu, Georgia May Jagger, Alexander Wang, Jourdan Dunn, Suki Waterhouse, Clara Paget, and an unspecified guest attending the London Edition opening on Sept. 14 in London

David M. Benett/Getty Images for The London Edition