Steve Schwarzman Can't Help But Make Money Hand Over Fist: Steve Schwarzman

The word's "earnings machine" were used.
Author:
Updated:
Original:

The Blackstone chief appears on CNBC earlier today to discuss the firm's earnings. In sum: Suck it, everyone.1

Blackstone reported much better-than-expected quarterly results on Thursday, prompting Chairman and CEO Steve Schwarzman to declare his private equity firm an "earnings machine." "We are the most profitable money manager in the world," boasted the co-founder of Blackstone, which has $310 billion in assets under management. "We just have an economic model that doesn't depend on a [particular] quarter's earnings."

Blackstone CEO: We're an 'earnings machine' [CNBC]

1. But especially you, Henry Kravis.

Related

Stephen Schwarzman Can't Help But Making Money Hand Over Fist: A Continuing Series

2014 Stephen Schwarzman was a regular pauper compared to 2015 Stephen Schwarzman.

Getty Images

Blacktone Dealmaker: It's Way Harder To Make Money Hand Over Fist These Days

Joe Baratta isn't even sure why he gets up in the morning anymore.

SchwarzmanTrump

Everyone Can Relax, Steve Schwarzman Made Money Last Year

The tax cuts he helped to create are definitely going to help him hold on to a lot of the $1 billion he pulled down last year.

teamtrump

Steve Schwarzman And Trump Have An All-Star Team Of CEOs

Never let it be said that the President-Elect doesn't enjoy name-dropping.