Blackstone's Schwarzman Leads 2014 Executive Take-Home Pay

Mar 2 2015 | 11:38am ET

Blackstone Group CEO Stephen Schwarzman earned $690 million in 2014, leading all other private equity executives in take home pay. The billionaire earned $570 million in dividends alone from his company shares.

The CEO’s earnings jumped 52% last year compared to the previous year. The company had a very strong year after it sold a number of assets at high valuations. Schwarzman’s base compensation totaled $85.9 million before adding the dividends and an additional $33.5 million from his fund investments.

Leon Black, CEO of Apollo Global Management, was second in private equity executive compensation. Black earned roughly $331 million. On top of the CEO’s $273,980 in compensation, he earned $267.9 million from stock dividends and $62.4 million from Apollo fund investments in Apollo funds.

The founders of Carlyle Group also had large paydays in 2014, earning roughly $800 million combined.

According to company filings, David Rubenstein earned $98.2 million from dividends and another $132.3 million from Carlyle funds. William Conway earned $95.1 million in dividends and $247.7 million from fund investments. Finally, Daniel D’Aniello earned $95.1 million in dividends and $133.8 million from firm funds  last year.

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