Blackstone co-founder Stephen Schwarzman is reportedly planning to transfer nearly his entire $48 billion fortune to his philanthropic foundation. This move could establish the Stephen A. Schwarzman Foundation as one of the world’s largest charitable organizations. His focus will be on artificial intelligence, education, and preparing societies for technological shifts, building on his existing global initiatives.
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Blackstone founder Stephen Schwarzman plans to donate his entire $48 billion fortune to a major philanthropic foundation
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