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Blackstone CEO Stephen Schwarzman, 1 billion dollar capital Titan in 2024, the company’s largest investment group in the company’s largest investment group has ended on Friday.
Schwarzman‘Income, noted the increase of 9 percent of the previous year, completely fueled by dividend payments from the shareholder of the great black stone. Blackstone co-founder owns 19 percent of the investment group in New York and has received hundreds of millions of dollars in dividends that have paid hundreds of millions of dollars per year.
Black stone In 2024, about 18 percent increase their distributions to shareholders, because as his so-called profit, a metric analytics, a proxy for the flow of money, a similar measure. Blackstone, historically pays at least 85 percent of the most other best managers, such as Schwarzman and President Jonathan Gray, historically.
In general, Schwarzman has 916 million in dividends. In 2023, about $ 900 million, $ 1.1 billion in two years and $ 1.1 billion and $ 1.3 billion and $ 1.3 billion, when he received $ 1.3 billion.
Gray, about 69 million percent of dividend income in shares. Chief Financial Officer Michael Chae and Joseph Baratta, President of the private capital of Blackstone, 48.9 million dollars and 60.1 mln.
The heads in Blackstone can earn income in good years, because the group traditionally traditionally traditionally pays for shareholders in dividends. KKR and Apollo Global, competitors have a more stable dividend policy and keep some gains to finance the future expansion.
In 2024, Blackstone sold more than $ 87 billion, 33 percent of the previous year, setting up revenues based on performance, is paid to shareholders. Its finances are also strengthened by a restoration in the financial markets that help the new investor to collect $ 171 billion in cash and invest $ 134 billion. Both figures were close to the record amount for the group.
“Blackstone has a performance compensation model based on long-term alignment with investors,” said a press secretary.
The wealth in the black stone increased after entering the popular S & P 500 index in 2023 by evaluating the growing shares in recent years.
They saw Blackstone’s best leaders Their shares rise to $ 13.5 billion In 2024, the market value increased by about 50 percent to $ 214 billion, up to $ 214 billion, this year fell slightly.
Sharing growth, Schwarzman, which has $ 37 billion, created a billion-dollar stock holding for the expanding management group outside of Schwarzman and Boz. Chae and Baratta, only last year’s share of shares exceeded $ 1 billion. According to securities documents, each share $ 1.1 billion.
