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Blackstone boss pockets $1.26bn in 2022

TOP STORY: Steve Schwarzman, the chief executive officer of private equity giant Blackstone earned around $1.26 billion in pay and dividends in 2022, according to a report by Reuters.

Steve Schwarzman, the chief executive officer of private equity giant Blackstone earned around $1.26 billion in pay and dividends in 2022, according to a report by Reuters.

The report cites a regulatory filing made on Friday as revealing that Schwarzman received over $1 billion in dividends from his shares in the business, plus an additional $253.1 million in compensation.

According to another filing earlier this month, Schwarzman owns about 230 million shares in Blackstone and the company made a $4.40 annual dividend payment.

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