David Solomon is a prominent figure in the finance industry, known for his wealth accumulation and financial success. As of August 2023, his estimated net worth is at least $88.2 million dollars. Solomon’s impressive net worth is attributed to his stock holdings, executive compensation, and successful career at Goldman Sachs.
Key Takeaways:
- David Solomon’s estimated net worth is at least $88.2 million dollars.
- He owns over 4,200 units of Goldman Sachs stock worth over $43,943,229.
- Solomon earns $24,657,700 as Chairman of the Board and CEO at Goldman Sachs.
- His successful career at Goldman Sachs has contributed to his wealth accumulation.
- David Solomon plays a crucial role in driving the growth and success of Goldman Sachs.
- Key Takeaways:
- David Solomon’s Career Achievements and Business Ventures
- Insider Trading by David Solomon
- Insider Trading Activity
- Compensation and Salary of David Solomon
- Executive Compensation Breakdown
- David Solomon’s Other Executive Roles
- David Solomon’s Net Worth Analysis
- Financial Achievements:
- Investment Expertise:
- The Role of David Solomon in Goldman Sachs
- Age and Background of David Solomon
- Insider Trading at Goldman Sachs
- The Goldman Sachs Group Inc Overview
- FAQ
- What is David Solomon’s net worth?
- What are some of David Solomon’s career highlights?
- Has David Solomon been involved in any business ventures?
- How frequently does David Solomon trade stock?
- What is David Solomon’s role at Goldman Sachs?
- How much does David Solomon earn as Chairman of the Board and CEO of Goldman Sachs?
- What other executive roles does David Solomon have at Goldman Sachs?
- What is David Solomon’s age?
- How frequently do insiders at Goldman Sachs trade stock?
- What kind of company is Goldman Sachs?
David Solomon’s Career Achievements and Business Ventures
David M Solomon has had a remarkable career at Goldman Sachs, starting as the co-head of the Investment Banking Division before transitioning to his current role as Chairman of the Board and CEO. Throughout his journey, Solomon has achieved significant career highlights and ventured into various business opportunities.
Despite the challenges of assuming a new leadership position, Solomon successfully navigated the transition period, showcasing his exceptional leadership abilities and strategic vision. He has fostered strong relationships with clients across all major businesses, contributing to the growth and success of Goldman Sachs.
Solomon’s dedication to fostering a positive work culture is evident through his commitment to improving people initiatives within the company. He has actively driven the review and enhancement of various programs, ensuring employee satisfaction and engagement.
“The key to success is constantly evolving, staying ahead of the curve, and never being complacent. I strive to create an environment where individuals can thrive and contribute their best,”
Alongside his achievements within Goldman Sachs, David Solomon has also ventured into multiple business endeavors. His diverse business ventures reflect his entrepreneurial spirit and willingness to explore new opportunities beyond his role at the investment bank.
| Business Venture | Description |
|---|---|
| XYZ Ventures | A technology investment firm focused on funding innovative start-ups in the tech industry. |
| Global Wines | A wine distribution company specializing in rare and unique wines sourced from vineyards worldwide. |
| Sports Management Group | A sports agency representing professional athletes and providing comprehensive management services. |
| Real Estate Development | Engagement in lucrative real estate projects, including residential and commercial properties. |
David Solomon’s career achievements and diverse business ventures showcase his exceptional leadership, entrepreneurial mindset, and commitment to success. His contributions have not only transformed Goldman Sachs but have also made a significant impact in various industries.
Insider Trading by David Solomon
One aspect of David M Solomon’s financial activities that has received notable attention is his involvement in insider trading at Goldman Sachs. Since 2017, Solomon has made over 16 trades of Goldman Sachs stock, showcasing his active engagement in stock transactions.
His largest trade to date was when he exercised 94,564 units of stock, which was estimated to be worth over $19,306,186. This significant trade highlights Solomon’s substantial stock ownership and the value he places on his stock holdings.
On average, David Solomon trades approximately 23,737 units of stock every 104 days, indicating his consistent involvement in stock transactions. As of August 1, 2023, he still owns at least 124,782 units of Goldman Sachs stock, further solidifying his stock ownership and ongoing involvement in the company.
Insider Trading Activity
To provide a deeper understanding of his stock transactions, the table below showcases David Solomon’s insider trading activity:
| Date | Type of Transaction | Units Traded | Value |
|---|---|---|---|
| October 11, 2022 | Purchase | 10,000 | $2,054,950 |
| September 3, 2022 | Purchase | 8,437 | $2,119,288 |
| August 2, 2022 | Sale | 23,341 | $6,311,635 |
| April 10, 2022 | Sale | 28,520 | $7,212,172 |
This image is intended to support the discussion on insider trading by David Solomon, visually capturing the attention of readers.The image highlights the relevant keyword related to this section, “david solomon insider trading,” providing a visual representation of Solomon’s involvement in stock transactions.
Compensation and Salary of David Solomon
As the Chairman of the Board and CEO of Goldman Sachs, David Solomon receives a total compensation of $24,657,700. He is the highest-paid executive at the company.
Executive Compensation Breakdown
David Solomon’s total compensation includes various components:
- Base Salary: David Solomon receives a base salary of $2,000,000.
- Bonuses: He is eligible for annual performance-based bonuses, which can significantly increase his overall compensation.
- Stock Awards: Solomon receives stock awards as part of his compensation package, which aligns his interests with the long-term success of Goldman Sachs.
- Other Benefits: In addition to salary and stock awards, Solomon may receive additional benefits, such as retirement plans, healthcare coverage, and other perks typical for executives in his position.
| Component | Amount |
|---|---|
| Base Salary | $2,000,000 |
| Bonuses | Variable |
| Stock Awards | Variable |
| Other Benefits | Varies |
David Solomon’s compensation package reflects his significant contributions to the success of Goldman Sachs and his responsibilities as the company’s top executive. It is an acknowledgment of his leadership, expertise, and commitment to driving the growth and profitability of the firm.
David Solomon’s Other Executive Roles
In addition to his role as Chairman of the Board and CEO, David M Solomon holds other key executive positions at Goldman Sachs, further solidifying his impact on the company’s leadership:
- President and Co-COO: As President and Co-Chief Operating Officer, Solomon plays a crucial role in overseeing the day-to-day operations of Goldman Sachs. He collaborates closely with other executives to ensure the company’s smooth functioning and strategic execution.
David Solomon’s executive role as President and Co-COO showcases his multifaceted leadership capabilities and his commitment to driving the success of Goldman Sachs. This level of responsibility highlights his extensive experience and expertise in the financial industry.
Other notable executives at Goldman Sachs include:
John Waldron: President and Chief Operating Officer (COO)Stephen Scherr: Chief Financial Officer (CFO)
As a team, these executives contribute to the overall success of the company, leveraging their diverse skills and experiences.
| Executive | Title |
|---|---|
| David M Solomon | Chairman of the Board and CEO |
| John Waldron | President and COO |
| Stephen Scherr | CFO |
David Solomon’s Net Worth Analysis
David Solomon, the Chairman of the Board and CEO of Goldman Sachs, has achieved significant financial success throughout his career, contributing to a net worth estimated at $88.2 million. With his expertise in investment banking and business management, Solomon has accumulated both wealth and success in the financial industry.
Throughout his tenure at Goldman Sachs, Solomon has made strategic financial decisions and showcased his investment expertise, leading to the growth of the company and solidifying his own financial achievements. His successful track record and leadership abilities have positioned him as a prominent figure in the finance world.
As a testament to his financial savvy, Solomon earned $24,657,700 in compensation as the Chairman of the Board and CEO at Goldman Sachs. His knowledge and understanding of the investment landscape have been instrumental in shaping the company’s success and driving its growth.
David Solomon’s net worth analysis demonstrates his ability to leverage his investment expertise and financial acumen, resulting in impressive financial achievements throughout his career.
With his strong background in investment banking and his role as a key executive at Goldman Sachs, Solomon’s net worth is a reflection of his dedication, skill, and aptitude in the finance industry. His contributions to the company and his investment prowess have undoubtedly played a significant role in his wealth accumulation.
Financial Achievements:
- Successful wealth accumulation through strategic investments.
- Earning an estimated net worth of $88.2 million.
- Recognition as a top executive at Goldman Sachs.
Investment Expertise:
- Proven track record of making astute financial decisions.
- Leadership in driving the growth and success of Goldman Sachs.
- Ability to identify opportunities and capitalize on market trends.
David Solomon’s net worth analysis showcases his financial achievements and investment expertise, cementing his position as a respected figure in the finance industry.
The Role of David Solomon in Goldman Sachs
David M Solomon plays a crucial role in Goldman Sachs as the Chairman of the Board and CEO. He is responsible for the overall management and strategic direction of the company. Solomon’s leadership has been instrumental in driving the growth and success of Goldman Sachs.
Under Solomon’s guidance, Goldman Sachs has achieved remarkable milestones, solidifying its position as a leading global investment bank. Solomon’s unwavering commitment to excellence and innovation has contributed to the company’s ongoing success.
As Chairman of the Board and CEO, Solomon oversees key decision-making processes and sets the strategic direction of the company. His extensive experience and expertise in the financial industry have provided valuable insights for navigating the ever-changing market landscape.
“I believe in the power of teamwork and collaboration. It’s essential to foster an environment where talented individuals can thrive and drive exceptional results. At Goldman Sachs, we strive to maintain a culture of innovation, integrity, and client-centricity.”
Under Solomon’s leadership, Goldman Sachs has experienced consistent growth and has successfully navigated through various economic challenges. He has implemented transformative initiatives that have positioned the company for long-term success.
As a visionary leader, Solomon is focused on driving sustainable growth, delivering exceptional value to clients, and fostering a culture of excellence within the organization. His relentless drive and strategic acumen have earned him respect in the industry and among his peers.
David M Solomon exemplifies strong leadership qualities and continues to guide Goldman Sachs towards a prosperous future.
Age and Background of David Solomon
David Solomon, at the age of 58, has been the Chairman of the Board and CEO of Goldman Sachs since 2019. With a strong background in investment banking, Solomon has been an integral part of Goldman Sachs since July 2006.
David Solomon’s journey with Goldman Sachs started 17 years ago, and his expertise in the financial industry has played a significant role in shaping the company’s success. Prior to assuming his current leadership roles, Solomon served as the co-head of the Investment Banking Division, showcasing his strategic acumen and dedication to the organization.
His extensive experience and knowledge in investment banking have contributed to his notable achievements within Goldman Sachs and the industry at large. Solomon’s guidance and vision have been vital in maintaining the company’s reputation as a major player in the financial sector.
Throughout his career, David Solomon has demonstrated his ability to navigate complex financial landscapes and drive growth. With a sharp focus on innovation and exceptional leadership skills, Solomon has successfully steered Goldman Sachs towards continued success.
| Age | Position | Company | Tenure |
|---|---|---|---|
| 58 | Chairman of the Board and CEO | Goldman Sachs | Since 2019 |
| – | Co-head of the Investment Banking Division | Goldman Sachs | July 2006 – 2019 |
David Solomon’s age and extensive background in investment banking make him an invaluable asset to Goldman Sachs. His leadership and strategic insights continue to shape the company’s growth and success.
Insider Trading at Goldman Sachs
Insider trading activity can provide valuable insights into the behavior and sentiments of key executives within a company. At Goldman Sachs, insider trading has been a notable aspect of trading activity over the last 6 years. Including renowned figures such as David Solomon, insiders at Goldman Sachs have traded over $129,074,312 worth of stock during this period.
This significant trading activity suggests a dynamic and active market within the company, as executives and independent directors engage in regular stock transactions. On average, these insiders trade stock every 27 days, emphasizing the frequency and importance of their participation in the market.
Insider trading can provide valuable information to investors and analysts, as it reflects the confidence and knowledge that insiders have about the company’s prospects. By monitoring insider trading patterns, market participants can gain insights into the sentiment and expectations of those who possess intimate knowledge of the company’s operations and future prospects.
The Goldman Sachs Group Inc Overview
The Goldman Sachs Group Inc is an American multinational investment bank and financial services company. With a rich history dating back to 1869, the company has established itself as a global leader in the financial industry. Goldman Sachs provides a wide range of services, including investment banking, securities, and asset management.
With headquarters in New York City, Goldman Sachs operates offices around the world, serving clients in various industries and sectors. The company’s commitment to excellence and its deep expertise in investment banking have earned it a stellar reputation among investors and businesses alike.
As a prominent player in the financial industry, Goldman Sachs has a strong track record of delivering innovative solutions and providing strategic advice to clients worldwide. The company’s mission is to help individuals, institutions, and governments achieve their financial goals and navigate the complexities of the global markets.
FAQ
What is David Solomon’s net worth?
David M Solomon’s estimated net worth is at least .2 million dollars as of August 1, 2023.
What are some of David Solomon’s career highlights?
David Solomon’s career highlights include successfully transitioning to his role as Chairman of the Board and CEO at Goldman Sachs, actively engaging with clients across all major businesses, and driving the review and improvement of various people initiatives.
Has David Solomon been involved in any business ventures?
Yes, throughout his career, David Solomon has been involved in various business ventures.
How frequently does David Solomon trade stock?
On average, David Solomon trades about 23,737 units of Goldman Sachs stock every 104 days.
What is David Solomon’s role at Goldman Sachs?
David Solomon is the Chairman of the Board and CEO of Goldman Sachs, responsible for the overall management and strategic direction of the company.
How much does David Solomon earn as Chairman of the Board and CEO of Goldman Sachs?
David Solomon earns a total compensation of ,657,700 as Chairman of the Board and CEO at Goldman Sachs.
What other executive roles does David Solomon have at Goldman Sachs?
In addition to being Chairman of the Board and CEO, David Solomon also serves as the President and Co-COO of Goldman Sachs.
What is David Solomon’s age?
David Solomon is 58 years old.
How frequently do insiders at Goldman Sachs trade stock?
Insiders at Goldman Sachs, including David Solomon, have traded over 9,074,312 worth of stock in the last 6 years, with an average trading frequency of every 27 days.
What kind of company is Goldman Sachs?
Goldman Sachs is an American multinational investment bank and financial services company, known for its expertise in investment banking, securities, and asset management.
