David Solomon‘s net worth in 2024 is a topic of interest for fans and financial analysts, keen to assess the financial status of the Goldman Sachs CEO. Renowned for his leadership in the banking sector and diverse professional ventures, Solomon has amassed significant wealth.
Let’s delve into the various income streams contributing to David Solomon’s net worth and discover how he has built his financial empire.
What is David Solomon’s net worth in 2024?
David Solomon has a speculated net worth of $150-200 million in 2024.
David Solomon’s net worth in 2024 comes from several sources. These include his role as Chairman and CEO at Goldman Sachs, his stock holdings in the company, real estate investments, and his career as DJ D-Sol.
Solomon is best known for being the CEO of Goldman Sachs, one of the largest investment banks in the world. Additionally, he has gained fame for his career in electronic dance music, performing at major festivals and events as DJ D-Sol.
What does David Solomon do for a living?
David Solomon is the Chairman of the Board and Chief Executive Officer at Goldman Sachs, one of the largest investment banks in the world. He also earns money as a DJ and record producer under the stage name DJ D-Sol.
Most recently, David Solomon traveled to Paris for the Olympic Games. Despite banning his staff from attending the games at the company’s expense, Solomon went himself. During his trip, he attended client meetings and a lunch hosted by French President Emmanuel Macron. He also participated in high-profile events, including a party co-hosted by Bernard Arnault. His actions have faced criticism for the apparent double standard in Goldman Sachs’ travel policies.
David Solomon’s earnings explained — how does he make money?
David Solomon earns money from multiple professional avenues, including:
Investment Banking: David Solomon is the Chairman of the Board and Chief Executive Officer of Goldman Sachs. He earns a substantial salary and bonuses from his leadership role at one of the world’s largest investment banks. In 2023, his total compensation was $31 million, which included a $2 million base salary and $29 million in variable pay. He also holds a significant number of Goldman Sachs shares, with his stock holdings valued at over $64 million as of May 2024. Over the last seven years, Solomon has sold GS stock worth over $22 million.
Music Career: Under the stage name DJ D-Sol, David Solomon also makes money as a DJ and record producer. He performs at various events and festivals, contributing to his income. His debut single Don’t Stop was released in 2018. He has performed with popular artists like the Black Eyed Peas. Although he stopped public performances in 2022, media attention and his contributions to the music industry still provide income.
Real Estate Investments: Solomon has made profitable real estate investments. In 2020, he sold his Aspen property for $26.5 million, which he had purchased for about $5 million in 2005. Additionally, he sold his Manhattan apartment in 2017 for $21.5 million, which contributed to his wealth.