Pay $100 Million and You Get A Library Named After You

Steve Schwarzman is a billionaire and kind of a stingy one at that. Then again, how does one think he became a billionaire in the first place?

Anyway he is giving US$100 million to the New York Public Library which is nice, but ah… there’s a proviso.

The NYPL will name the library on 42nd Street after him. You know, the one with the lions?

The Wealth Report from the Wall Street Journal has the story.