David Michael Solomon is an American investment banker. Since October 2018, he has been the chief executive officer (CEO) of Goldman Sachs. Since January 2019, he has also been the head of the bank. Before becoming CEO, Solomon was president and a chief operating officer from January 2017 to September 2018.
From July 2006 to December 2016, he was co-head of the investment banking division. Lloyd Blankfein was the CEO before Solomon took over. Blankfein retired on October 1, 2018, and Solomon became chairman.
Solomon also makes electronic dance music (EDM) records for fun under the name “David Solomon,” which he used to be known by before. He has played in New York, Miami, and The Bahamas at nightclubs and music festivals.
Brief Information About David Solomon
|D.O.B||22 January 1962|
DJ, CEO, Producer
|Net Worth||$100 million|
David Solomon’s Net Worth
David Solomon is a multi-talented American who has earned a net worth of $100 million as an investment banker, record producer, and DJ. Solomon, David was born in Hartsdale, New York in 1962. He currently serves as Goldman Sachs’ chief executive officer. Aside from his role as CEO, he also serves as chairman of the board as of 2019.
In the past, Solomon has held the positions of president, COO, and co-head of the investment banking business. David Solomon, better known as DJ D-Sol, creates electronic dance music in his spare time. His first offering to the public was 2018’s “Don’t Stop” single.
Solomon is an official member of the Robin Hood Foundation’s board of directors. He purchased a mansion in Aspen, Colorado in 2004 for $4 million and offered it for $36 million in 2016, and in 2016, he put his New York City condo on the market for $24 million. About $5000 worth of rare wines from his collection were stolen by his employee in 2018.
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David Solomon’s Personal Life
He tied the knot with Mary Elizabeth Solomon in the year 1989. In 2018, they got a divorce.
In 2018, his personal helper, Nicolas DeMeyer, stole approximately 500 bottles worth a total of $1.2 million from his rare wine collection. Seven of the stolen bottles came from the French winery Domaine de la Romanee-Conti. After some time, his manager took his own life.
David Solomon Career
After graduating, he applied for an analyst position at Goldman Sachs but was refused; he eventually joined Irving Trust. In 1986, he began working as a commercial paper salesman for Drexel Burnham. After leaving Drexel Burnham, he worked as a high-risk bond salesperson for Bear Stearns.
He collaborated with numerous Goldman Sachs executives in the late 1990s. In 2006, he was promoted to Goldman’s investment banking division. He received a basic salary of $1.85 million in January 2015. He serves on the board of directors of the Robin Hood Foundation. After many years at Goldman, he was named chairman in 2019 and CEO in 2018.
In 2018, he was given a base salary of $2 million and received total remuneration of $23 million. David holds 230,000 shares of Goldman Sachs as of this writing. At $346 per share, his investment in the company is worth approximately $78.2 million.
David performs as D-Sol in his spare time. His debut single, Don’t Stop, was released in 2018. He published Someone Like You in 2020. Payback Records was established in 2018 by David and Atlantic Records.
Payback Records released various songs, including Don’t Stop, Feel Alive, Rescue Me, Electric, Someone Like You, Down on it, Only a Fool, Learn to Love Me, Dreaming, On My Way, Heatwave, Cross Your Mind, and I Wanna Dance with Somebody.
He opened for The Chainsmokers at the Safe and Sound Charity Concert in 2020.
Hamilton College’s Board of Trustees since 2005.
David Michael Solomon is an American investment banker and CEO of Goldman Sachs. He was married to Mary Elizabeth Solomon in the year 1989 and they got divorced in 2018. In 2018, his personal helper, Nicolas DeMeyer, stole about $5000 worth of rare wines from his collection.
In 2018, he was given a base salary of $2 million and received total remuneration of $23 million. At $346 per share, his investment in Goldman Sachs is worth approximately $78.2 million. He serves on the board of directors of the Robin Hood Foundation.