Lloyd Blankfein Biography, Age, Wife, Goldman Sachs, Leadership style and Net worth.
Lloyd Blankfein Biography
Lloyd Blankfein is an American prominent 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. From 2004 to 2006, prior to leading Goldman Sachs, he was the company’s president and chief operating officer (COO), serving under Paulson.
Lloyd Blankfein Age
Born Lloyd Craig Blankfein on September 20, 1954, in New York City. He is 64 years as of March 2019.
Lloyd Blankfein Wife | Children
He married Laura Jacobs in 1983, together they are blessed with three children; a daughter Rachel, and two sons namely Jonathan and Alexander. Together with his family, they reside in Manhattan’s Upper West Side.
Lloyd Blankfein Height
He stands at a height of 5 feet 5 inches.
Lloyd Blankfein Career and Early life
He was to a Jewish family, his father Seymour Blankfein was a clerk with the U.S. Postal Service Manhattan branch. He worked as a concession vendor at Yankee Stadium as a small boy. He attended Thomas Jefferson High School and also received his primary education in New York City public school. He graduated valedictorian in 1971, at Thomas Jefferson High School. He later attended Havard College where he graduated in 1975 with an A.B. in history.
He went on and attended to Havard Law School where he earned a J.D. degree in 1978. He worked for the law firms Proskauer Rose and then Donovan, Leisure, Newton & Irvine. He joined commodities trading firm J. Aron & Co. in 1982, where he served as a precious metals salesman in its London based office. The firm was later acquired by the investment bank, Goldman Sachs.
Lloyd Blankfein Career in Goldman Sachs
From 1994 to 1997, he was tasked by Henry Paulson with managing or co-managing the company’s currency and commodities divisions. He was later identified by Paulson as his heir after Paulson consolidated control of Goldman.
He was promoted in 2004, to the president and chief operating officer, a position he served until June 2006. In July 2006, he was asked to serve as the chairman and chief executive officer after Paulson was sworn in to serve as the 74th United States Secretary of the Treasury.
Lloyd Blankfein Leadership style
His leadership style was researched and published at the University of Oxford as paradigmatic of “founder centrism” – which is a founder’s mindset, an ethical disposition towards the shareholder collective, and an intense focus on exponential value creation.
His Political Positions
He has self-identified as a registered Democrat and a Rockefeller Republican conservative on fiscal issues and more liberal on social issues. In 2007, he contributed $4,600 to a Democratic Party candidate Hillary Clinton and to the Senate re-election campaigns for the Republicans Rob Portman and Roy Blunt in 2015.
He visited the White House 14 times during the Obama administration. For 2016, U.S. presidential election he endorsed Democratic candidate Hillary Clinton.
Lloyd Blankfein Salary
In 2017, he was paid a total of $24 million in compensation though his base salary was $2 million.
Lloyd Blankfein Net Worth
As of 2017, his net worth was around U.S$1 Billion.
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