Bonus Watch ’14: Good To Be The King

Stephen Schwarzman did pretty well for himself last year.
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The Dream.

Remember when we told you not to start a hedge fund? Still applies. Here’s plan B: Start a private equity firm. Be really good at it. Wait 30 years. Build Scrooge McDuck-style money tower on West 57th Street.

The biggest mover on the list was Blackstone Group LP CEO Stephen Schwarzman. He collected $85.9 million in compensation last year, nearly four times the $22 million he was paid in 2013.

Henry Kravis and George Roberts, the co-chairs and co-CEOs of KKR & Co., rounded out the list of executives making more than $60 million last year. Laurence Fink of BlackRock Inc. earned $23.9 million, which was good enough for the fifth spot.

Schwarzman say pay skyrocket in ’14 amid soaring distributions, carried interest realizations [SNL Financial]
Gabelli, Schwarzman: Meet the Highest Paid CEOs on Wall Street [WSJ MoneyBeat blog]

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