Blackstone mogul warned of ‘urgent need’ for AI preparedness—Now he’s turning his $48 billion fortune into a top philanthropic foundation

Stephen Schwarzman built one of the world’s largest private-equity firms. Now, he’s reportedly focused on building one of the biggest philanthropic foundations.  Schwarzman in 1985 cofounded Blackstone, which now has more than $1.3 trillion in assets under management, and...

🔗 Read more: https://fortune.com/2026/02/16/stephen-schwarzman-blackstone-ceo-48-billion-fortune-to-philanthropic-foundation-focused-on-ai/

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