Blackstone CEO took home $1.2 billion last year, after admitting he went ‘max everything’ in his career—to the point of burning off his nerve endings 

The world’s most powerful business leaders enjoyed eye-watering pay bumps in 2025. And Blackstone cofounder and CEO Stephen Schwarzman had a particularly great year, reaping $1.24 billion in compensation last year, thanks to the asset management titan’s record profits. 

It’s a 20% bump from the year before, the majority of which came from dividends, and almost reached his 2022 high of $1.27 billion. 

Most of the 10-figure income stems from his roughly 20% stake in Blackstone...