The richest CEO in private equity just wants to hire nice people
AP Photo/Ng Han Guan
"I don't like people who are not nice," he said at a leadership event on Tuesday, CNN Money reported.
And Schwarzman, who is currently the richest man in PE, is quick to turn down people who lack the right personality traits - namely, niceness -when hiring for his star private equity firm, Blackstone Group.
"They can be very, very smart, but they are the kind of person you wouldn't want to spend time with or expose your people to," he reportedly said.
That's more important to him than, say, an MBA degree.
He pointed to some of his own executives who do not hold MBAs, like Jon Gray, who runs the real estate division.
"Jon's got a gift. Obviously an MBA wouldn't have improved it too much," CNN Money quoted him as saying.
- Colon cancer rates are rising in young people. If you have two symptoms you should get a colonoscopy, a GI oncologist says.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- An Ambani disruption in OTT: At just ₹1 per day, you can now enjoy ad-free content on JioCinema
- SC rejects pleas seeking cross-verification of votes cast using EVMs with VVPAT
- Ultraviolette F77 Mach 2 electric sports bike launched in India starting at ₹2.99 lakh
- Deloitte projects India's FY25 GDP growth at 6.6%
- Italian PM Meloni invites PM Modi to G7 Summit Outreach Session in June
- Markets rally for 6th day running on firm Asian peers; Tech Mahindra jumps over 12%
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market