Blackstone CEO Schwarzman Confirms He’ll Back Trump

Blackstone Chairman and CEO Stephen Schwarzman (Wikipedia screenshot)

Blackstone Chairman and CEO Stephen Schwarzman on Friday confirmed that he would support former President Donald Trump and would donate to both his campaign and those of certain Republican Senate candidates.

Blackstone, not to be confused with BlackRock, is a major asset manager controlling an estimated $1 trillion in assets.

“I share the concern of most Americans that our economic, immigration and foreign policies are taking the country in the wrong direction,” he told Axios. “For these reasons, I am planning to vote for change and support Donald Trump for President. In addition, I will be supporting Republican Senate candidates and other Republicans up and down the ticket.”