Former Southern Cross tycoon owns five houses worth £77m... as 31,000 residents may have to leave their care homes | Mail Online
The tycoon behind the controversial U.S. firm that made £640million from the embattled Southern Cross care-home business boasts one of the world's most magnificent property portfolios.
While more than 31,000 vulnerable elderly people in Britain fear they may have to leave their care homes because of the financial crisis overtaking Southern Cross, Stephen Schwarzman, the 64-year-old billionaire chief executive of private equity firm Blackstone, has a personal property empire worth £77million.
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