Blackstone Group LP Chief Executive Stephen Schwarzman pocketed at least $567.8 ...
FILE PHOTO: Stephen A. Schwarzman, chairman and CEO of Blackstone, attends the World Economic Forum annual meeting in Davos, Switzerland, January 22, 2019. REUTERS/Arnd Wiegmann
The was below the roughly $786 million Schwarzman, 72, took home in 2017. His net worth is pegged by Forbes at $13.2 billion. Blackstone no longer discloses the dividend payment to the class of stock Schwarzman owns, but based on the $2.15 per common unit payout, he received almost $500 million in dividends. The dividend for Schwarzman’s class of stock has historically been higher than for common units.
In 2018, Gray received total compensation of $87.8 million. His bonus was $10 million, down from $25.8 million a year earlier. This is due to Gray opting to receive $30 million in stock which will vest over the course of 5-and-a-half years.
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