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Review of King of Capital by David Carey
Published: 2012
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An in-depth look at the rise of Blackstone

King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone is an in-depth and well-researched book that tells the story of one of the most influential figures in finance. Written by David Carey and John Morris, the book chronicles the career of Steve Schwarzman and the growth of his company, Blackstone, from its early days to its current status as a global leader in the private equity and asset management sectors.

One of the standout features of the book is its ability to provide insight into the inner workings of Blackstone and the private equity industry. The authors do an excellent job of explaining the complex financial concepts and transactions that have helped shape the company's success, making the book accessible to readers who may not have a background in finance.

However, the book is not solely focused on the triumphs of Schwarzman and Blackstone. It also delves into the controversies that have surrounded the man and the company over the years, presenting a balanced portrayal of their history.

In addition to covering the rise of Blackstone, the book also touches on the financial crisis of 2008 and the company's efforts to navigate through it. This provides a unique perspective on how Blackstone was able to bounce back and continue its growth in the face of economic upheaval.

Overall, King of Capital is a well-written and engaging book that offers a fascinating look at the life and career of Steve Schwarzman and the company he co-founded. It is a must-read for anyone interested in finance, business, and the inner workings of the private equity industry.

About the Reviewer

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