News
$300m Rhodes-style scholarship coming to Tsinghua University
Stephen A. Schwarzman, the founder of private equity firm Blackstone Group, has established a new scholarship at Beijing’s Tsinghua University. The program will be endowed with $300 million USD — $100 million coming directly from Schwarzman, and the rest from donors. Dubbed the Schwarzman Scholars program, it is being touted as a rival in both …Read More