Lloyd Blankfein

Lloyd Blankfein is a famous American entrepreneur. He is known for being the CEO and Chairman of Goldman Sachs.

Rags To Riches Story

    • 1

      Lloyd Blankfein was born on the 15th of September, 1954 to a Jewish family in Bronx, New York City.

    • 2

      His father used to work as a postal clerk at the local postal department. His mother was a receptionist for a company that manufactured burglar alarms. He lived with his parents in the Linden Houses (under the public housing system).

    • 3

      As a young boy, he used to work at the Yankee Stadium as a concession vendor and at the same time, attended a public school.

    • 4

      He was a valedictorian or a student, who always scored top grades at school later on at the Thomas Jefferson High School. He even worked as a lifeguard once to earn extra money to support his education.

    • 5

      Lloyd Blankfein is quite highly educated. In fact, he has done his Doctor of Jurisprudence degree from the Harvard Law School.

    • 6

      He used to work for the company Donovan, Leisure, Newton & Irvine, another company named Proskauer Rose and then, he started working for Goldman Sachs’ London office that traded commodities as a salesman of precious metals.

    • 7

      He is a classic example of one of the successful people of America, who are living the American Dream despite having lived right from his childhood in a tough neighborhood.

    • 8

      From living in a small house, he had graduated to owning 2 or more properties within the city of New York. He owns a duplex that is located on the 16th floor of a building in Manhattan and a house in Bridgehampton (both of which have been valued at a total of about $73 Million).

    • 9

      His new house in Bridgehampton is worth about $32.5 Million. This property has about five bathrooms, seven bedrooms, tennis courts, a swimming pool (heated), and a lawn.

    • 10

      Since the year 2000, he has received about $168 Million both in the form of salaries as well as bonuses (from his current post of the CEO and Chairman of Goldman Sachs). His stock sales as well as dividends come to up to $15,542,756.