Lloyd Blankfein

Quick Facts

Full Name	Lloyd Blankfein
Occupation	Business Executive
Date Of Birth	Sep 20, 1954(1954-09-20)
Age	70
Birthplace	New York
Country	United States
Horoscope	Virgo

Lloyd Blankfein Biography

Lloyd Blankfein is one of the most popular and richest Business Executive who was born on September 20, 1954 in New York, United States. In 2006, a businessman became the Chairman and CEO of Goldman Sachs. This multinational investment banking company was founded by Goldman Sachs.

As CEO of Goldman Sachs, he succeeded He succeeded Henry Paulson as the CEO of Goldman Sachs..

Lloyd Craig Blankfein (born September 20, 1954) is an American investment banker who has served as senior chairman of Goldman Sachs since 2019, and chairman and chief executive from 2006 until the end of 2018. He assumed the office after former chief executive, Henry Paulson, was asked to serve as the 74th United States Secretary of the Treasury. Previous to leading Goldman Sachs, he was the company’s president and chief operating officer (COO) from 2004 to 2006, serving under Paulson.

Blankfein first worked for the law firms Proskauer Rose and then Donovan, Leisure, Newton & Irvine. In 1982, he joined the commodities trading firm J. Aron & Co. as a precious metals salesman in its London office. The firm was later acquired by the investment bank, Goldman Sachs.

He was married to Laura Jacobs and they had three children together. He was also raised Jewish.

Lloyd Blankfein Net Worth

Lloyd Blankfein is one of the richest Business Executive from United States. According to our analysis, Wikipedia, Forbes & Business Insider, Lloyd Blankfein 's net worth $1 Billion. (Last Update: December 11, 2023)

Harvard College gave him his Bachelor’s Degree and Harvard Law School his Law Degree.

In 2009, the Financial Times named him the “Persona of the Year”.

Lloyd Craig Blankfein was born in The Bronx borough of New York City on September 20, 1954. His father, Seymour Blankfein, was a clerk with the U.S. Postal Service branch in the Manhattan borough of New York City and his mother was a receptionist. Born to a Jewish family, he was raised in the Linden Houses, a housing project in the East New York section of Brooklyn. He received primary and secondary education in New York City’s public schools graduating valedictorian at Thomas Jefferson High School in 1971. He went on to attend Harvard College where he lived in Winthrop House and graduated with a A.B. in history in 1975. After graduating college, he attended Harvard Law School where he received a J.D. degree in 1978.

Height, Weight & Body Measurements

Lloyd Blankfein height Not available right now. Lloyd weight Not Known & body measurements will update soon.

Who is Lloyd Blankfein Dating?

According to our records, Lloyd Blankfein married to Laura Jacobs Blankfein. As of December 1, 2023, Lloyd Blankfein’s is not dating anyone.

Relationships Record : We have no records of past relationships for Lloyd Blankfein. You may help us to build the dating records for Lloyd Blankfein!

Blankfein’s compensation at Goldman Sachs has been at the center of controversy and interest to financial reporters and the general public. He was paid a base salary of $600,000 with a total compensation package of $54.4 million in 2006 as the highest-paid executive on Wall Street. His bonus reflected the performance of Goldman Sachs, which reported record net earnings of $9.5 billion. The compensation included a cash bonus of $27.3 million, with the rest paid in stock and options. A year later, he received total compensation of $53.9 million, which included a base salary of $600,000, a cash bonus of $26.9 million, stocks granted of $15.5 million and options granted of $10.4 million. On April 7, 2009, he recommended guidelines to overhaul executive compensation. According to The New York Times, he said that lessons from the global financial crisis included the need to “apply basic standards to how we compensate people in our industry”. He received US$23 million in salary and bonuses in 2015, which was slightly down from the US$24 million he earned in 2014 from Goldman Sachs. According to the Financial Times, Blankfein earned an estimated $22.3 million in 2016.

Facts & Trivia

Lloyd Ranked on the list of most popular Business Executive. Also ranked in the elit list of famous people born in United States. Lloyd Blankfein celebrates birthday on September 20 of every year.

On January 13, 2010, Blankfein voluntarily testified before the Financial Crisis Inquiry Commission that he considered Goldman Sachs’s role as primarily market maker, not a creator of the product (i.e., subprime mortgage-related securities). Blankfein testified once more before Congress in April 2010 at a hearing of the Senate Permanent Subcommittee on Investigations. He said that Goldman Sachs had no moral or legal obligation to inform their clients they were betting against the products they were selling to them because it was not acting in a fiduciary role. Senator Carl Levin accused Blankfein of misleading Congress; however, no perjury charges were brought against Blankfein. Nevertheless, as a precaution Blankfein hired Reid Weingarten, a high-profile defense lawyer who represented former WorldCom CEO Bernard Ebbers and former Enron accounting officer Richard Causey. Two months later, after the publicity of the testimony increased his public status, he was listed as #43 on Forbes Magazine’s List of The World’s Most Powerful People in November 2011.

What happened to Lloyd Blankfein?

On September 22, 2015, Blankfein was diagnosed with a form of lymphoma. He received multiple rounds of treatment of chemotherapy and by October 2016 was in remission.

How old is Lloyd Blankfein?

67 years (September 20, 1954)

Where was Lloyd Blankfein born?

New York, NY

Who eventually sued Goldman Sachs after losing millions of dollars?

In January 2014, the Libyan Investment Authority (LIA) filed a lawsuit against Goldman for $1 billion after the firm lost 98% of the $1.3 billion the LIA invested with Goldman in 2007.

How much does CEO of Goldman Sachs make?

Executive Compensation As Chairman and CEO at GOLDMAN SACHS GROUP INC, David M. Solomon made $39,545,072 in total compensation.