Blackstone’s Chairman Schwarzman’s Comments Attract Bad Buzz

(NewsVisual, powered by IntellectSpace) -- When it comes down to a taking a vote on the most obtuse comment ever uttered by a rich person, the public could find it difficult to choose between that made by the late Leona Helmsley or the recent one made in The New Yorker magazine by Blackstone Group Chairman and Co-Founder Stephen A Schwarzman. 

Although his stake in Blackstone is estimated to be worth billions, The New York Times reported on Monday that Schwarzman said in the magazine interview that “I don’t feel like a wealthy person”  (read the New York Times Deal Book article).

In response to the magazine article, Schwarzman told the Times he was being unfairly caricatured in the article. 

NewsVisual created an IntellectSpace Knowledge Map of Schwarzman’s noteworthy past and present leadership ties in order to achieve some greater insight into this famed executive’s corporate network.

This Knowledge Map shows Schwarzman to have a large degree of executive leadership experience through his positions at Blackstone and Lehman Brothers.  The Map also shows that Schwarzman has held numerous directorships at companies that include Ucar International, Volume Services, Transtar and Collins & Aikman. He is also a member of the JPMorgan Chase National Advisory Board.

In addition, the Map shows that Schwarzman has a number of ties to such non-corporate entities as The Council on Foreign Relations, the Partnership for New York City, The New York Public Library and the John F Kennedy Center for the Performing Arts.

Can someone with as much leadership experience as Schwarzman be fairly judged on the basis of one ill-advised comment?

(Note: the information contained and presented in Knowledge Maps is public information from the Securities and Exchange Commission of the United States of America).

Click here or copy this link into your Internet Explorer browser for an interactive version of this IntellectSpace Knowledge Map: http://nv.intellectspace.com/ispace/GuestMonitor.aspx?id=9a3b370d-428a-43bc-bf8b-ba765b631bc1