Goldman Sachs CEO Net Worth and Holdings

David Solomon, the CEO of Goldman Sachs, has a net worth of over $200 million.

This staggering figure is a result of his successful career in finance, which spans over three decades.

He joined Goldman Sachs in 1999 and quickly rose through the ranks, becoming the CEO in 2018.

Solomon's leadership has been instrumental in the bank's success, with a focus on digital transformation and expansion into new markets.

David Solomon's net worth is estimated to be around $100 million, according to CelebrityNetWorth. He has earned a significant portion of this wealth as an investment banker and Goldman's CEO.

Solomon's annual compensation is substantial, with totals ranging from $20-30 million per year. In 2018, he earned $23 million in total compensation, and in 2019, he earned $27.5 million.

He owns around 387,000 shares of Goldman Sachs, with a price per share of roughly $200, making his stake worth around $80 million before taxes. At the higher-end range of roughly $450 per share, his stake is worth $175 million.

Solomon's base salary at Goldman is $2 million, but he often receives significant bonuses and stock compensation in addition to his base pay. He accepted a $10 million pay cut in 2020 following the 1MDB scandal, but his pay returned to $35 million in 2022 and $25 million in 2023.

He has also earned money from his side hustle as a DJ, releasing a debut single called "Don't Stop" in 2018 under the stage name "DJ D-Sol."

David Solomon's base salary at Goldman is $2 million, but with bonuses, stock, and other compensation, he typically earns $20-30 million per year.

In 2018, David earned $23 million in total compensation, while in 2019 he earned $27.5 million.

David accepted a $10 million pay cut in 2020 in reaction to the firm's involvement in the 1MDB scandal.

At a price per share of roughly $200, David's stake in Goldman Sachs is worth around $80 million before taxes.

His stake is worth $175 million at the higher-end range of roughly $450 per share.

Lloyd Blankfein has a net worth of $1 billion, a fortune he earned primarily through his long career at Goldman Sachs.

He is currently the senior chairman of Goldman Sachs, a position he has held since 2019, after serving as chairman and chief executive officer from 2006 to 2018.

Lloyd Blankfein earned his fortune thanks to a long career at Goldman Sachs, where he first gained prominence in the corporate hierarchy after becoming the chief operating officer (COO) in 2004.

He graduated from Harvard University and went into private law practice for a short time before starting his career in the precious metals industry as a salesman.

Blankfein led Goldman's currency and commodities division in the '90s, which helped him cement his position as a leading force within Goldman Sachs.

Lloyd's methods for handling the financial crisis of 2008 made him a divisive figure in the media, the business community, and the public, but he managed to establish Goldman Sachs as the second-largest investment bank in the nation.

David Solomon, the CEO of Goldman Sachs, has a significant amount of equity in the company, with a combined total of 387,000 shares worth around $175 million at the higher-end range of $450 per share. He also earns a base salary of $2 million, but with bonuses, stock, and other compensation, he typically earns $20-30 million per year.

Solomon's total compensation for 2018 was $23 million, and for 2019 it was $27.5 million. However, in 2020, he accepted a $10 million pay cut in reaction to the firm's involvement in the 1MDB scandal. His pay was back up to $35 million in 2022 and $25 million in 2023.

Lloyd Blankfein, the senior chairman of Goldman Sachs, has a significantly higher net worth, with an estimated $1 billion. He also earns a massive salary, regularly earning over $50 million per year in salary and bonuses alone.

David Solomon, the CEO of Goldman Sachs, directly owns 147,000 shares of the company and has 240,000 unvested shares, totaling 387,000 shares.

At a price per share of around $200, his stake is worth approximately $80 million before taxes.

David's base salary at Goldman is $2 million, but his total compensation typically ranges from $20-30 million per year.

In 2018, David earned $23 million in total compensation, and in 2019, he earned $27.5 million.

He accepted a $10 million pay cut in 2020 due to the firm's involvement in the 1MDB scandal, but his pay returned to $35 million in 2022 and $25 million in 2023.

At the higher-end range of roughly $450 per share, David's stake is worth around $175 million.

Lloyd Blankfein is one of the highest-paid executives on Wall Street, earning over $50 million per year in salary and bonuses alone.

He received an $85 million exit package when he stepped down as CEO, sparking controversy over his massive salaries.

In 2006, Blankfein was paid a base salary of $600,000, but his total earnings were almost $54.5 million with additional bonuses.

This made him the highest-paid executive on Wall Street that year, although his earnings would eventually decline.

David Solomon's compensation was boosted 24% to $31 million for a year when earnings slumped at Goldman Sachs.

His package included a $2 million base salary and $29 million in variable compensation, with $20.3 million in the form of restricted stock units.

Solomon's pay jump was greater than every other major US bank CEO whose compensation has been disclosed.

Goldman Sachs' compensation committee cited Solomon's "decisive leadership" in recognizing the need to simplify the firm's strategy, despite the short-term negative impact on performance.

Lloyd Blankfein started working for Goldman Sachs after the company was acquired by Goldman Sachs, marking the beginning of his illustrious career.

He was given leadership over the company's currency and commodities division in the 1990s, amidst a changing leadership structure at Goldman. Henry Paulson, the new leader, mentored Lloyd to become his successor.

As COO, Blankfein oversaw the commodities boom during the 2000s, a period of significant growth for the company.

After Paulson stepped down to serve as the US Secretary of the Treasury, Blankfein became president and COO in 2004, a position he held for just two years before being promoted to chairman and CEO.

Blankfein's tenure as CEO was marked by the 2007-08 financial crisis, during which Goldman Sachs was heavily involved with subprime mortgages that led to the crisis.

The company was bailed out by the government, and Blankfein used low interest rates to destroy his competition, ultimately emerging as the second-largest investment bank in the United States.

Blankfein testified before the Financial Crisis Inquiry Commission in 2010, sparking controversy over his claim that he had no moral or legal obligation to inform clients of Goldman's betting against them.