Extreme Wealth – Blackstone CEO Schwarzman takes home $400M salary in 2006

I thought the $54 million 2006 salary for Goldman Sachs CEO Lloyd Blankfein was unbelievable. Now comes news of Blackstone CEO Stephen Schwarzman making $400 million in 2006. This profound news has put a gigatic spotlight on Schwarzman. Private equity has entered into everyday vocabulary just as venture capital became common lingo during heydays of the dotcom era. Read about it on AP.