Business & Economy · 1 views

Blackstone CEO admits his first big investment loss nearly brought him to tears—but the lesson put him on a path to now being worth $47 billion

Like Jeff Bezos, Sam Altman, and Brad Smith, Stephen A.

Source Fortune AI Summary Updated May 10, 2026

Story intelligence Beta

Freshness Stale Updated May 10, 2026

Confidence Limited Single-outlet story

Coverage Single outlet

Views 1 Community interest

Read time 1 min ~22 words

AI Summary

Like Jeff Bezos, Sam Altman, and Brad Smith, Stephen A. Schwarzman learned that “setbacks are terrible, but they also are great teachers.”

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