Who: Pete Peterson is the co-founder of the giant private equity firm the Blackstone Group. He's the less ostentatious half of its founding duo (Steve Schwarzman being the other half) as well as a philanthropist, author, and outspoken economic conservative.
If Goldman Sachs wants to redeem its reputation, it would have to donate "at least $1 billion" to charity, says billionaire Pete Peterson. "'Only a donation that size would 'have much resonance in the public,' Peterson, the 83-year-old co-founder of Blackstone Group LP, the world's largest private-equity company, said…
Reality TV brat PC Peterson is said to have deeply upset his grandfather, financier Pete Peterson, over his obnoxious performance on Bravo's NYC Prep. But just because his grandfather is a billionaire doesn't mean PC was necessarily raised living in the lap of luxury.
• New details have emerged about Mischa Barton's involuntary trip to the hospital last week: According to the Post and the Sun, Barton was "so high on coke following a marathon three-day bender" that friends thought she might kill herself, and contacted the police. [NYP, Sun]
• Yet another fashion publicist is in…
Plenty of reality programs promise to show us how the rich and powerful live their lives. Very few actually end up doing that, of course. The women featured on the Real Housewives of NYC weren't part of the city's social elite before they humiliated themselves on national television—nor were they all housewives…
Suze Orman turns 58 today. Billionaire financier Pete Peterson is turning 83. Teen Vogue editor Amy Astley is 42. Post columnist Andrea Peyser is turning 50. Journalist Bill Moyers is 75. Mark Wahlberg is turning 38. Pete Wentz is 30. Author Chuck Klosterman is 37. Comedian Jeff Garlin is 46. Laurie Anderson, the…
The Savannah College of Art and Design held its Style Etoile Awards at the James Cohan Gallery on Monday night. The evening's honorees included Russell Simmons, Amanda Burden, Cornelia Guest, Robin Givhan, and William Ivey Long (left), and attendees at the event included Cynthia Rowley, Agnes Gund, Michael Fink,…
A handful of news outlets have been reporting that Michael Bloomberg is officially the "most generous living man in America," having given away a total of $235 million over the course of 2008, according to The Chronicle of Philanthropy. Bloomberg didn't come in No. 1 on the list, though. As NY1 tells it, "Bloomberg…
• Art collector Roy Judelson, the son of Gulf & Western co-founder David Judelson, and his wife Mary have sold their six-bedroom townhouse at 113 East 78th Street for $12.46 million, three months after paying $10.5 million for a smaller apartment a few blocks away. The 5,500-square-foot, five-floor residence, which …
In this week's issue of Newsweek, heiress/author Holly Peterson shares a few anecdotes about how the very rich are cutting back in these turbulent economic times. The daughter of Blackstone co-founder Pete Peterson, Holly says people are now flying commercial rather than jumping on private jets, women are wearing…
Wunderkind chef Josh DeChellis is 35. Blackstone co-founder Pete Peterson is 82. Fashionable art advisor Kim Heirston is 45. Personal finance queen (and power lesbian) Suze Orman is 57. The Post's Andrea Peyser is 49. And Teen Vogue's Amy Astley is nearly a quarter century older than her demo. She's 41 today.
Pete Peterson is senior chairman of the Blackstone Group. He's the less ostentatious half of its founding duo (Steve Schwarzman being the other half) as well as the chairman of the Council on Foreign Relations.
