The newly elected President of the United States, Donald trump told the name of the economist who will head a team of 16 experts, «the strategic and political forum», in the words of the head of state, designed to help the new President develop economic policy.
It was the Jewish billionaire Stephen Schwarzman, founder and Chairman of investment company Blackstone Group, whose wealth Forbes magazine estimated at 7.7 billion dollars, according to the Jewish news Agency JTA.
Schwartzman, who is married to a Catholic, Christine Hurst, is a major sponsor of the Archdiocese of new York and the American Jewish Committee, and many charitable foundations.
Under his leadership, the team of experts will work another six Jews, including Kevin Warsh, husband Jane Lauder, an heiress of the cosmetic Empire Lauder.
Stephen Schwarzman was born in a family of American Jews in Huntingdon valley, Pennsylvania, owners of the store that sold linens and kitchenware. He graduated from Yale University, and then enrolled at Harvard business school, from which he graduated in 1972.
The career of Stephen Schwarzman, in the financial sphere began in the now existing investment Bank Donaldson, Lufkin & Jenrette. After business school, Schwarzman received job offers from investment banks Lehman Brothers and Morgan Stanley. He chose Lehman Brothers, where 31 year rose to the position of managing Director.
Later, he became head of mergers and acquisitions at Lehman Brothers, and in 1985, a financier together with his boss Peter Peterson, founded the Blackstone company, which specialized in mergers and acquisitions.
In 2011, Schwarzman ranked 52nd in the list of 400 richest Americans according to Forbes magazine, estimated his fortune at $4.7 billion In 2007, he was included in the list of the 100 most influential people in the world by Time magazine.
In 2008 Schwarzman announced that will allocate $100 million for the expansion of the new York public library, the Board of Trustees of which he is a member. One of the buildings of the library on the corner of 42nd street and Fifth Avenue, now bears his name.