Lloyd Blankfein Net Worth is $1.0 Billion (as of 2020)
It has been claimed that the overall amount of Lloyd Blankfein net worth has an estimate of 450 million dollars. It also has been reported that he receives 55 million dollars as his annual salary. Such amount of money increases the overall amount of Lloyd Blankfein net worth a lot. To the public, he is mostly known as a chairman of the company called “Goldman Sachs”. In addition to being a chairman, he is also known as a CEO of the company.
Lloyd Blankfein’s Salary: $55 Million
|Net Worth:||$1.0 Billion|
|Age:||65 years old|
|Date of birth:||Sep 20, 1954|
|Nationality:||United States of America|
Another source of his net worth is known to be “Donovan, Leisure, Newton and Irvin” company, where he works as a corporate tax lawyer. However, his main source of his net worth is considered to be “Goldman Sachs”. In 1981, Lloyd Blankfein started to work in “J Aaron and Company”. In London, Lloyd Blankfein worked as a salesman of precious metals.
Moreover, Lloyd Blankfein is regarded to be as the highest earning executive on the whole Wall Street. He is receiving more than 27 million dollars in addition to his salary of 55 million dollars. Furthermore, his stocks and his options also increase Lloyd Blankfein net worth a lot. In 2010, Lloyd Blankfein was reported to receive a compensation of more than 53 million dollars. In 2009, the businessman got two important titles for him. He was named the Person of the Year which was given to him by the Financial Times and The Most Outrageous CEO which was given to him by the Forbes Magazine.
In addition, his company “Goldman Sachs” is also notorious in the public. The company was accused of hiding debts from Greece. Lloyd Blankfein was invited to speak for the Financial Crisis Inquiry Commission. He stated that his company is considered to be a primary market maker, but not a product maker. Moreover, he also stated that the company of “Goldman Sachs” is not obliged to tell their clients and consumers that they are making bets against the products made by the company.
The company is also known as a helping force of Democratic party, especially, it helped Barack Obama and Hilary Clinton. The company contributed into raising money for the campaign of Barack Obama which happened in 2008. Lloyd Blankfein is really proud what he does and in one interview he claimed that he is doing God’s work. However, after this statement received a lot of controversy, Lloyd Blankfein had to make a statement that he was only joking.