KING OF GREED

Billionaire Stephen Schwarzman doesn't care about solving the housing affordability crisis. The greedy corporate landlord wants to maintain the status quo -- so he can keep making billions from unfair, excessive rents. He doesn't care about us.

THE FACTS

United Nations Slams Blackstone Group for Fueling Global Housing Crisis

Trump Confidant Stephen Schwarzman Spent Millions to Trick California Voters

Billionaire Stephen Schwarzman Shelled Out $7.4 Million to Stop Rent Control

Stephen Schwarzman is the co-founder and CEO of Blackstone Group, one of the largest corporate landlords in the world. For years, according to United Nations housing experts, Blackstone has been "wreaking havoc" through excessive rents and "aggressive evictions." It's considered one of the worst players in the global housing affordability crisis.

"Blackstone's and its subsidiaries' business model is pushing low-income, and increasingly middle-income, people from their homes," the UN experts wrote in a recent letter to Schwarzman.

That's happened during Schwarzman's watch -- a time when he's turned into one of the richest men on the planet, with a personal fortune of $13.2 billion. In 2017, Schwarzman hauled in a staggering income of $786 million.

Faced with worsening housing affordability and homeless crises, Californians sought to repeal statewide rent control restrictions in 2018. Schwarzman wouldn't have it.

Blackstone and its subsidiary, Invitation Homes, shelled out $7.4 million to trick and confuse voters, stopping a grassroots effort that included labor unions, social justice groups, and tenants rights organizations.

Greedy Stephen Schwarzman doesn't care about the destruction he's causing. He only cares about his billions. But we won't back down. We will fight back.