David Solomon’s Net Worth in 2024 is generating significant interest among financial analysts and the public, as they evaluate the wealth of the Goldman Sachs CEO. Solomon, known for his strategic leadership in the banking sector and multiple professional endeavors, has built a notable financial portfolio.
Let’s explore the diverse income streams that contribute to David Solomon’s impressive net worth and understand how he has constructed his financial success.
What is David Solomon’s Net Worth in 2024?
In 2024, David Solomon’s estimated net worth ranges from $150 million to $200 million.
David Solomon’s wealth in 2024 is derived from several key sources. His primary income stems from his role as Chairman and CEO of Goldman Sachs, complemented by stock holdings in the company, strategic real estate investments, and a second career as DJ D-Sol.
As the CEO of Goldman Sachs, one of the globe’s leading investment banks, Solomon has established a formidable reputation. He has also gained notoriety in the electronic dance music scene, performing at prominent festivals and events as DJ D-Sol.
What Does David Solomon Do for a Living?
David Solomon serves as the Chairman of the Board and Chief Executive Officer of Goldman Sachs, while also pursuing income as a DJ and record producer under the name DJ D-Sol.
Recently, Solomon made headlines by attending the Olympic Games in Paris. While laying down company policies that discouraged staff from attending the games at company expense, Solomon participated in client meetings, a lunch with French President Emmanuel Macron, and high-profile events like a party co-hosted by Bernard Arnault. His actions have sparked discussions regarding a perceived double standard in travel policies at Goldman Sachs.
David Solomon’s Earnings Explained — How Does He Make Money?
David Solomon’s income is generated from various professional avenues, including:
Investment Banking: As the CEO of Goldman Sachs, Solomon earns a substantial salary and performance bonuses. In 2023, his total compensation reached $31 million, comprising a $2 million base salary alongside $29 million in variable pay. He holds Goldman Sachs shares valued at over $64 million as of May 2024 and has sold stock worth more than $22 million over the past seven years.
Music Career: Under the alias DJ D-Sol, Solomon has made a name for himself as a DJ and record producer. His musical journey includes performing at various events and releasing singles, such as his debut track “Don’t Stop” in 2018. While he ceased public performances in 2022, his ongoing media presence and contributions to music continue to generate income.
Real Estate Investments: Solomon has made savvy real estate investments, notably selling his Aspen property in 2020 for $26.5 million, a significant increase from the $5 million he purchased it for in 2005. He also sold his Manhattan apartment in 2017 for $21.5 million, further augmenting his wealth.
