Blackstone May Own Waldorf Astoria Again

The video discusses Steve Schwarzman's $25 million donation to his high school and his interview with Jason Kelly about asset sales by China's Young and HMA. It covers Blackstone's real estate deals, including the sale of the Waldorf Astoria, and the company's succession plans with John Gray's ascension. The market environment is analyzed, highlighting a healthy correction. Blackstone's ambitious growth plans to double assets and investment opportunities in China are also explored, with insights from KKR's Henry McVey.

What was the amount donated by Steve Schwarzman to his high school?

• $100 million

• $50 million

• $25 million

• $10 million

Who is the newly appointed President and COO of Blackstone?

• Jason Kelly

• Jonathan Gray

• Henry McVey

• Tony James

What is Steve Schwarzman's perspective on the current market volatility?

• It is unpredictable

• It is highly unusual

• It feels pretty normal

• It is a cause for concern

What is Blackstone's target for asset growth in the next five years?

• To reduce assets

• To maintain current levels

• To double assets

• To triple assets

What strategy does Blackstone prefer for expansion?

• Downsizing

• Buying

• Building

• Merging

What is a key challenge in investing in China according to Henry McVey?

• High competition

• Excessive credit growth

• Stable policies

• Lack of opportunities

How do global investors view the Chinese market?

• Unattractive

• Stable

• Very attractive

• Overvalued