David Michael Solomon Net Worth is estimated to be $48 Million. He is the Chief Executive Officer of the famous Investment Banking company Goldman Sachs. He has held the position of CEO since October 2018. David Michael Solomon was born in 1962 in Hartsdale, New York, United States. He grew up in Scarsdale and went to school to accomplish his education. Moreover, this article contains informational details such as David Michael Solomon Lifestyle, Career, Business Profile, Biography, Parents, Spouse, Kids, and Luxurious Assets.
David Michael Solomon Net Worth Today 2023
David Michael Solomon was born to their parents, Alan Solomon, an executive officer of a small publishing company, and his mother, Sandra, who worked as an audiology supervisor. He was born in Hartsdale and raised in Scarsdale. He continued his education from Edgemont Junior-Senior High School and worked at a local Baskin Robbins, an American multinational ice cream chain and cakes.
David Solomon Net Worth Today is approximately $48 Million, which he earned through his career in the finance industry, specifically in investment banking. He spent many years working at Goldman Sachs, starting as an investment banker and eventually rising to the position of CEO. As CEO, he received a significant salary and likely had stock and other compensation packages. Additionally, he has made money through various investments and personal ventures. He resides in Manhattan, United States, in a luxurious mansion.
David Michael Solomon Profile
|Name:-||David Michael Solomon|
|Birth Place:-||Hartsdale, New York, United States|
|Height:-||6 feet 2 inches|
|Net Worth:-||$48 Million|
|School:-||Edgemont Junior-Senior High School|
|College/University:-||Hamilton College in Clinton, United States|
|Wife:-||Mary Solomon (Married: 1989; Divorced: 2018)|
|Profession:-||Chairman of the Hamilton College Board of Trustees and CEO of Goldman Sachs|
|CEO:-||Goldman Sachs(2018 – present)|
|House:-||13,000-square-foot estate in Aspen, Colorado|
|Musical Career:-||2017 – Present|
|Music Genre:-||EDM, dance pop, electro house, synth-pop|
|Labels:-||Crowd Records Label ; Big Beat Records Label; Payback Records|
|Instruments:-||Keyboard Synthesizer Sampler|
|Private Jets:-||Gulfstream G650 and Bombardier Global Express|
David Michael Social Media Account
David Michael Solomon Biography
David Solomon started his career by working at a local shop of an American Multinational chain of ice creams and cakes, namely Baskin Robbins. Then he worked as Camp Counselor in New Hampshire. After completing his Bachelor of Arts degree in political science and government, he applied for a 2- year analyst job role to start his career at Goldman Sachs. But he was unfortunately rejected.
After getting rejected from Goldman Sachs, he applied to Irving Trust, an American Commercial Bank headquartered in New York City. Moving on further for his professionalism in his business career, he joined Drexel Burnham in 1986. In this bank, David Solomon first worked as Commercial Paper Salesman, and then later on, he transferred his job role to Junk Bonds, which mainly deals in high-risk credit events. Interested in high-debt credit events, he joined Bear Stearns, where he was appointed as a leader of junk bonds divisions and other high-risk bonds.
He got expertise in junk bonds and earned a partnership with Goldman Sachs. In 1999, David Solomon joined Goldman Sachs through Bear Stearns as a partner and a co-head of Goldman Sach’s high yield and loan business within the Investment Banking Division.
With the gain of experience over the years, he was promoted to the global head of the financing group that handles the capital markets and other products for corporate clients. Analyzing his performance in the field of the financial department and managing the corporate client and capital market, he was finally appointed as the co-head of the management committee of the Investment Banking Division(IBD) in 2006. He maintained his job role for over ten years.
After ten years, David Solomon became the president and the co-chief operating officer in 2017. With the proper management skills, he was made the sole chief operating officer (COO) in March 2018. Finally, he reached his goal and held the position of Chief Executive Officer(CEO) in October 2018 and was promoted to Chairman in January 2019.
As embraced above, David Michael Solomon Net Worth of $48 Million. He owns 130,918 shares of the investment banking company, The Goldman Sachs Group Inc. He paid $4 million for a 13,000-square-foot estate in Aspen, Colorado, in 2004 and sold it for $36 million in July 2016.
Personal Life and Hobbies
David Michael Solomon got married to Mary Elizabeth Solomon in the year 1989 in Bernardsville, New Jersey. In early 2018, the couple separated and got divorced. David does share much about his family in the interviews or on social media due to privacy and security issues. Besides this, he enjoys skiing and wine and even produces music under the DJ name D-Sol, with over 535,000 monthly Spotify listeners.
Education and Qualifications
David Solomon graduated from Hamilton College, earning a bachelor’s degree in government. He later earned a Master of Business Administration (MBA) from the University of Pennsylvania’s Wharton School. Before his career at Goldman Sachs, Solomon worked in the investment banking division at Bear Stearns and later as a managing director at DLJ (Donaldson, Lufkin & Jenrette).
FAQ Regarding David Michael Solomon’s Net Worth
Ques: What is Goldman Sachs Net Worth?
Ans: Goldman Sachs is an American Investment Banking Company founded in 1896. It is one of the largest banks in the world, with a market capitalization of approximately $100 billion. However, the net worth of Goldman Sachs can frequently fluctuate due to changes in the financial markets and the company’s economic performance.
Ques: What is the age of David Solomon?
Ans: David Michael Solomon is an American professional in the investment banking field. He is 61 years old, CEO and Chairman of Goldman Sachs.
Ques: What is David Michael Solomon Net Worth?
Ans: The estimated David Michael Solomon Net Worth is approximately $48 Million.