CEO Pay Feb 29, 2024
The founder of the PE giant collected $776m from dividends, although his overall income was almost 30% lower than in 2022.
By Tania Mitra
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Blackstone’sfounder and CEO,Stephen A. Schwarzman, took home $896.7m in 2023, according to regulatory filings.
Schwarzman’s total income, including compensation and payments from dividends, was 29% down from the $1.27bn he took home in 2022, a drop that reflects the lower dividends paid by and performance fees earned by the firm in 2023.
The vast majority of the $896.7m came from dividends on his Blackstone stock, according to the asset manager’s latest 10-K filing.
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