A Billionaire’s Party Is a Lens on Wealth in the Trump EraBy
CreditAmanda L. Gordon/Bloomberg
So, Stephen A. Schwarzman had another birthday party.
The celebration for his 70th birthday at his Palm Beach, Fla., home over the weekend included live camels, trapeze artists and a performance by Gwen Stefani. Some reports speculated the party cost as much as $20 million, a price tag that insiders say is ridiculously inflated, but clearly the event fell in the category of over-the-top expensive.
Normally, a birthday party for a boldface name wouldn’t warrant a sentence outside the gossip pages. But Mr. Schwarzman is the billionaire co-founder of the Blackstone Group as well as President Trump’s latest BFF as the chairman of the president’s strategic policy forum — and his last birthday bash turned into a cultural flash point…
Leave a Reply
You must be logged in to post a comment.