Blackstone CEO on 2024: ‘It’s Time for a New Generation of People to Take that Slot’

EXCERPT:

SCHWARZMAN: "I’m sort of watching the thing with fascination. You know, as I said, I think it’s time for a new generation of people to take that slot. It’s not the easiest job in the world, if we all watch this, and the demands on people in that position are, frankly, unbelievable. I think you need a certain amount of resiliency when you’re approaching your 80s. I’m not sure that that’s the exact kind of position to be in, to have those demands made on you. In terms of myself, I’m just watching the whole thing because it’s like — it’s like a really amazing thing. I mean, you have — I guess it was somewhere around 60%, 65% of Americans don’t want the president to run, and 55% or so don’t want the former president to run. Something’s going to happen here. And unbelievably, if you look at where we were 2015 at this time for the national election, the number one person was Scott Walker, the number two was Jeb Bush — I’m talking on the Republican side — and the number three was Rudy Giuliani. And I think by the end of the second primary, they were all gone. And so, we’re way ahead of a presidential election, it's a year and a quarter, and in my observation, America is pretty volatile. You never quite know exactly what’s going to happen, except there's always a lot of drama."