Who is Lloyd Blankfein and what is his net worth 2018? Lloyd Craig Blankfein is the CEO and chairman of America’s fifth largest bank and multinational fiance company Goldman Sachs. Once a concession vendor is now a billionaire. This Harvard graduate actualise his dreams and achieved an accolade. So how much this bureaucrat of multi billion company own? How much is Lloyd Blankfein’s Net worth? Let’s know him better to have an iPad about the facts which helped him to build his empire.
Lloyd Blankfein was born on September 15, 1954 in Bronx, New York City. His family belonged to a lower-income group. His father Seymour Blankfein worked as a clerk in US post office and mother as a receptionist in a burglar alarm company. In order to support his family financially, Lloyd started working at an early age. He worked as a concession vendor at Yankees stadium.
Despite the odd conditions, he excelled in studies. He was a bright student. He attended the public school of New York City Department of Education and was valedictorian at Thompson Jefferson High School in 1971. Owing to his good grades and performance in studies, he earned a scholarship to Harvard where he did his B.A with History as a major subject in 1975. Later in 1978, he earned a J.D. degree from Harvard Law School.
Lloyd is married to his lady love Laura Jacobs. The couple has two sons and a daughter. The family resides in Upper West Side. They have two more houses of worth $32 million in New York City.
Lloyd’s road to success was never easy. He worked for various organisations before getting his golden opportunity at Goldman Sachs which turned around his destiny. He started his career with Proskauer Rose and Donovan, Leisure, Newton & Irvin. Later in 1982, he joined J.Aron & Co.,which acquired by Goldman Sachs. This merger opened the gate of opportunities for Lloyd. From 1994 to 1997, he managed Goldman’s Currency and Commodities Division. He appointed as the vice chairman of this reputed firm in 2902 and served as in charge of the Fixed Income, Currency and Commodities Division and Equities Division.
Afterwards, he served as Chairman and CEO officer since 2006. This position take him at the top of list of highest paid executive of Wall Street. His hard work paid him off with a bonus of $27.3 million and stocks of Goldman Sachs. Lloyd has become an integral part of Goldman Sachs and vice versa. Till date he is associated with Goldman as its CEO. Apart from his professional commitments, he is very much aware with his social responsibilities. He is former trustee of Robin Hood Foundation.
Lloyd awarded with the 2009 Person of the year award by Financial Times. In 2011, he secured 43rd position in the list of Forbes Magazine’s The most Powerful People.
Lloyd Blankfein Net Worth
Lloyd’s loyalty towards Goldman Sachs filled his bank account in return. His estimated net worth is $1.3 billion.
Lloyd Blankfein has reached at the pinnacle of success with his hard work and devotion.