Stephen Schwarzman
Blackstone co-founder, chairman and chief executive; a major Republican political donor.
Last refreshed: 17 October 2026 · Appears in 1 active topic
What does Blackstone's chief get for $6m to the Republican Senate fund?
Timeline for Stephen Schwarzman
Gave SLF PAC $6m in two gifts
US Midterms 2026: SLF funds new PACs in Nebraska and MaineBackground
Stephen Schwarzman co-founded the private-equity firm Blackstone with Peter G. Peterson in 1985 and is its chairman and chief executive. The Senate Leadership Fund's October Quarterly report lists him among its donors, with $6m in two gifts, alongside Elon Musk, the non-profit One Nation and Joe Ricketts.
Schwarzman chaired President Donald Trump's Strategic and Policy Forum in Trump's first term and was a major Republican donor in the 2024 election cycle. Forbes put his net worth at about $50bn in early 2026.
The Senate Leadership Fund, the main Republican Super PAC for Senate races, set out a $342m plan for eight races this spring. It filed $10.34m against Sherrod Brown in Ohio in one late-September week. Its reports show who gave to the fund, not which race any one gift paid for.
How much did Stephen Schwarzman give the Senate Leadership Fund?
Who are the Senate Leadership Fund's biggest donors in 2026?
Who founded Blackstone?
Written with AI from Lowdown's published reporting. Not individually reviewed by an editor. Updated 17 October 2026. Editorial standards.