My Personal History: How Averell Harriman Shaped Stephen Schwarzman’s Approach to Wealth

Averell Harriman, a fellow Yale graduate of Schwarzman, pursued a distinguished career in business, diplomacy, and politics. Schwarzman sought Harriman’s guidance before beginning his own work in finance. © Getty Images

My Personal History

Harriman, son of the “Railroad King,” demonstrated to Schwarzman the enduring importance of financial independence.

STEPHEN SCHWARZMAN

October 6, 2026 07:00 JST

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