Sunday, March 15, 2015
Today's stats
|
Saturday, March 14, 2015
A little pocket change
Blackstone Group LP co-founder and Chief Executive Stephen Schwarzman collected about $690 million in dividends, compensation and fund payouts for 2014, according to a Friday regulatory filing, the highest annual payout ever notched by a founder of a publicly traded private-equity firm.
The amount represents a nearly 50% increase over Mr. Schwarzman’s 2013 figure and also tops the $546 million received in 2013 by Leon Black, who co-founded Apollo Global Management LLC. The tallies are according to a Wall Street Journal analysis of securities filings. For 2014, Mr. Black received $330.6 million, mostly in dividends, according to a filing from his firm Friday.
The large payouts commanded by private-equity chiefs stem from the industry’s business model and relative youth. Unlike at large Wall Street banks and many other big companies, the leaders of buyout firms are often founders who have retained large stakes in their firms.
Mr. Schwarzman, who took Blackstone public in a 2007 stock offering, derives much of his take from his roughly 20% ownership of the firm. Mr. Schwarzman received $570.5 million in dividends during 2014.
A Blackstone spokesman declined to comment Friday on behalf of the firm or the CEO.
Saturday, March 7, 2015
Can they taste food?
21624 N 113th Way is designed as an architectural masterpiece that sits on a 14-acre estate high above the Phoenix valley. The estate is the crown jewel of Silverleaf, the most exclusive 24-hour gated community in Arizona. The property boasts some of the highest and best 270 degree views of the entire Phoenix valley. The lot itself is in an ultra-exclusive and very private section of Silverleaf. You enter the property by crossing over an amazing canyon by way of a private bridge that leads up to the entry of the estate.
This estate has exceptional features that are unprecedented. Some of these features include your own private IMAX theater, indoor bowling alley, and a one of a kind pool and grotto that rivals the world's best 5-star resorts, and over an acre of lawn which is one of a kind for a mountain side/mountaintop estate in the valley. The list goes on and on of amazing features packed into this estate.
The design aesthetic for the estate is a seamless combination of renaissance and contemporary styles. Architectural features will reflect the lines of an elegant castle with modern elements reflected in the materials and color scheme. This unique combination of design styles is also reflected in the grounds surrounding the residence. The landscape has been specifically designed to complement the majestic architecture of the structures.
Wednesday, March 4, 2015
Million Dollar Price Reduction
$3,900,000
The most fascinating home to come on the market. The ultimate in ''PRIVACY' but near conveniences. The highest home in Maricopa County and probably Arizona. Puts the word 'VIEWS' to a whole new level and meaning, which is 'staggering views' out over hundreds of miles. The drive up to the property is captivating. Once there it is truly mesmerizing. Fortress type foundations of poured concrete and block. Then elevated to beautifully maintained exterior and interior home. The extent of the renovations and remodeling was use of the best natural materials and of the highest quality. It has a timeless design, use of natural elements, clean lines that contemporary or southwest interiors can lend well. Superbly well maintained with love and care.
TOP OF BLACK MOUNTAIN
Subscribe to:
Posts (Atom)
Posts
