David Solomon is an American investment banker, record producer, and DJ. David Solomon is the CEO of Goldman Sachs. He is the producer of EDM and recently he started singing too. He has a multi-million dollar annual salary.
David Solomon’s net worth is $100 million.
David Solomon’s real name is David Michael Solomon. He was born on 22 January 1962, in Hartsdale, New York, to Alan Solomon and Sandra Solomon. His father Alan was an executive vice president of a small publishing company, his mother was an audiology supervisor. He attended Edgemont junior-senior high school and completed his graduation with a Bachelor of Arts degree from Hamilton College, Clinton. After his graduation he joined Irving Trust, after leaving Irving trust he joined several companies such as Drexel Burnham and Bear Stearns.
In 1999, he moved from Bear Stearns to Goldman Sachs. He works as a partner with a leveraged finance team. Later he served as a president, chief operating officer, and joint head of the investment banking division at Goldman Sachs. In 2018, he became the CEO of the company and chairman in 2019. David Solomon is the 8th oldest executive at Goldman Sachs Group Inc.
David is an EDM producer, using the stage name D-Sol. He performed several at music festivals and nightclubs. His first single “Don’t Stop” was released in 2018. “Feel Alive”, “Rescue Me”, “Down On It” in 2019, “Electric”, “Someone Like You”, “Only a Fool” in 2020, and “Learn to Love Me” in 2021.
David Solomon is the Board Of Directors of the Robin Hood Foundation, this foundation was made to reduce the problems caused by poverty in New York City. David has been one of the trustees of Hamilton college since 2005. David Solomon owns 230,000 shares of Goldman Sachs, out of which he has sold some of his shares currently David owns over 13,700 shares of Goldman Sachs. In the last 4 years, David Solomon traded over $89,828,626 worth of Goldman Sachs stock. He is one of the most active insider traders in Goldman Sachs Inc.
Goldman Sachs is one of the world’s largest investment banks. this company provides various financial services to clients including financial institutions, government, corporations, and individuals. the 4 cores of business from which Goldman Sachs makes money are investment banking, investments and loans, investment management, and institutional customer service.
In 1989, David Solomon married Mary Elizabeth Coffey. They divorced in 2018, he has been single since then.
In 2018, Nicolas DeMeyer, his assistant, stole 500 bottles from his rare wine collection, out of which 7 bottles were from the French estate Domaine de la Romanee-Conti. The wine bottles are worth around $1.2 million. He was arrested in January. Later after his release, he committed suicide by jumping from the window of the 33rd-floor of the Carlyle Hotel, minutes before his court appearance.
David Solomon’s average salary is $11.85 million per year. David owns 230,000 shares of Goldman Sachs group. In 2020 he made $27 million which includes a base salary of $2 million, a $7.65 million cash bonus, and $17.85 million in long-term incentives. He listed his home in New York City for $24 million, in 2016. He also listed his real estate for $36 million in Aspen, Colorado, he purchased that property for $4 million in 2004.
David Solomon’s net worth is $100 million. He has made his fortune from his salary as a business executive, investments in Goldman Sachs stocks, and his music career.
Comment below what do you think about David Solomon’s net worth?