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Lloyd Blankfein Is Now a Billionaire

Goldman Sachs CEO Lloyd Blankfein Speaks At Economic Club Of Washington

Goldman Sachs Group Inc. made hundreds of partners rich when it went public in 1999. Its performance since then has turned Lloyd Blankfein into a billionaire.

The chief executive officer of the Wall Street bank for the past nine years, Blankfein has seen his net worth surge to about $1.1 billion as the firm’s shares quadrupled since the initial public offering, according to the Bloomberg Billionaires Index. As the largest individual owner of Goldman Sachs stock, he has a stake in the company worth almost $500 million. Real estate and an investment portfolio seeded by cash bonuses and distributions from the bank’s private-equity funds add more than $600 million… READ MORE

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Read More About Lloyd Blankfein

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Goldman Sachs CEO Lloyd Blankfein is facing a civil suit over his Hamptons estate. A contractor who was injured while working on additions to his mansion located at 699 Ocean Road in Bridgehampton is More…

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Goldman Sachs CEO Lloyd Blankfein told CNBC on Wednesday that the recent drop in oil prices may indicate deflationary pressures, not just an abundance of supply. “The market is suggesting a protracted deflationary More…

Goldman Sachs CEO Lloyd Blankfein Speaks At Economic Club Of Washington

Lloyd Blankfein, the head of Goldman Sachs, spoke at the Bank of America Merrill Lynch Banking and Financial Services Conference in New York . There were a number of More…

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Zoellick, former president of the World Bank Group to act as chairman of the International Advisors division of the investment banking group.  Lloyd C. Blankfein, Chairman and CEO More…

Goldman Sachs Executives Testify At Senate Hearing On Financial Crisis

JPMorgan Chase and Goldman Sachs boosted the cash portion of their leaders’ bonuses for the first time since 2010, as a surge in U.S. bank stocks slows, Bloomberg said. JPMorgan’s board gave Chairman and Chief More…

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