Blackstone May Own Waldorf Astoria Again

Blackstone May Own Waldorf Astoria Again

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Business

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Hard

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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.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What was the significance of the Waldorf Astoria sale mentioned in the text?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What did Henry McVey say about the current financial conditions in China?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Steve Schwarzman view the consumer market in China?

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