The world’s most powerful business leaders enjoyed eye-watering pay bumps in 2025. And Blackstone cofounder and CEO Stephen Schwarzman had a particularly great year, taking home $1.24 billion last year, thanks to the asset management titan’s record profits. It’s a 20% bump from the year before, the majority of which came from dividends, and almost reached his 2022 high of $1.27 billion. Most of the 10-figure income stems from his roughly 20% stake in Blackstone, as Schwarzman boasts a relatively meager ...