Blackstone Group LP CEO Stephen Schwarzman, co-founder and chair of the company, did not receive any compensation last year other than his $350,000 base salary.

Schwarzman basically worked for free relative to the whopping $180 million he was paid in 2007 in addition to the $684 million he received when the company went public.

Blackstone shares lost 70% of their value last year, performing far worse than the major indexes.