Quick Links


Becoming A Member

Upcoming Events

News & Media

Event FAQ's

Contact Us

Announcements

News & Media

Back

Blackstone Chairman, CEO, and Co-Founder Stephen Schwarzman

Bloomberg: Schwarzman Says WeWork Valuation Puzzling


Steve Schwarzman said he was puzzled by the high valuation of WeWork, comparing it to a similar company that Blackstone Group Inc. owned that was “worth a few billion dollars.”

Hearing about WeWork’s pre-initial public offering value, Schwarzman said: “I sort of went, what? How do you get this? It doesn’t seem right to me given what they’re doing,” adding that he hasn’t studied WeWork. He didn’t name the company Blackstone owned.


Read More