tonight a look at the world of private equity with steve schwarzman the cofounder and ceo of the blackstone group. >> what we're doing at blackstone is we're committed to hire 50,000 veterans over the next five years. i feel really -- >> rose: 50,000. >> 50,000. we have quite a large operation in terms of one of our seven business lines which happens to be private equity. we own about 80 companies with $120 billion of revenue and 730,000 employees. so our ability to hire 50,000 shouldn't be really hard for us. >> rose: also actor alan cumming who currently stars in the scottish play at the barrymore theatre. >> what i go back to is that moment you're going to do something bad or elicit. the moment that you look at someone else in the eye and say let's do it. even in they are stealing a mastery, let's do it. captioning sponsored by rose communications from our studios in new york city, this is charlie rose. >> rose: steve schwarzman here, he's the ceo of the blackstone group. he cofounded back stone in 1995 with peat peterson many it is now the world's largest investment firm with over dolla

those numbers don't add. >> steve schwarzman, pleasure to have you be on. >> my pleasure to be here.p next, have you ever thought parisians are not welcoming to tourists? if it's true or not, france has a plan to correct that impression. [ female announcer ] a classic macaroni & cheese from stouffer's starts with freshly-made pasta, and 100% real cheddar cheese. but what makes stouffer's mac n' cheese best of all. that moment you enjoy it at home. stouffer's. made with care for you or your family. the ones getting involved and staying engaged. they're not afraid to question the path they're on. because the one question they never want to ask is "how did i end up here?" i started schwab for those people. people who want to take ownership of their investments, like they do in every other aspect of their lives. >>> president obama's trip to africa brings me to my question of the week. south sudan was the last african state to gain independence in 2011. which was the second to last country? stay tuned and we'll tell you the correct answer. go to cnn doth k.com/faried forf the gps challen

. >> steve schwarzman, pleasure to have you on. >> my pleasure to be here. >>> up next, have you everery welcoming to tourists? whether it's true or not, france has a plan to correct that impression. you'll want to see this. "and one of tt efficient trucking networks," "with safe, experienced drivers." "we work directly with manufacturers," "eliminating costly markups," "and buy directly from local farmers in every region of the country." "when you see our low prices, remember the wheels turning behind the scenes, delivering for millions of americans, everyday. "dedication: that's the real walmart" what are you guys doing? having some fiber! with new phillips' fiber good gummies. they're fruity delicious! just two gummies have 4 grams of fiber! to help support regularity! i want some... [ woman ] hop on over! [ marge ] fiber the fun way, from phillips'. >>> president obama's trip to africa brings me to my question of the week. south sudan was the last african state to gain independence in 2011. which was the second to last country? a, aratria, b, zimbabwe, c, namibia or d, botswana. g

tonight a look at the world of private equity with steve schwarzman the cofounder and ceo of the blackstone. >> what we're doing at blackstone is we're committed to hire 50,000 veterans over the next five years. i feel really -- >> rose: 50,000. >> 50,000. we have quite a large operation in terms of one of our seven business lines which happens to be private equity. we own about 80 companies with $120 billion of revenue and 730,000 employees. so our ability to