Home Finance Electronic Music Hobby Leads Goldman Sachs CEO to Lollapalooza

Electronic Music Hobby Leads Goldman Sachs CEO to Lollapalooza

by Enochadmin

Goldman Sachs CEO David Solomon, pictured performing in Miami Seaside, Fla., in 2020, is about to seem on the Lollapalooza music competition in Chicago this summer season.



Photograph:

Getty Pictures for Casamigos

The information is sufficient to flip heads on Wall Avenue.

David Solomon,

the

Goldman Sachs

GS -2.16%

CEO who sometimes moonlights as an digital dance musician, will carry out on the Lollapalooza music competition in July, the competition introduced on Tuesday.

The four-day occasion, held yearly in Chicago, options greater than 170 musical acts and attracts tons of of 1000’s of revelers yearly.

Most ticket patrons will seemingly be swayed by headliner acts like Inexperienced Day, Doja Cat and Metallica. However when Mr. Solomon takes the stage, he can nonetheless count on a extra enthusiastic greeting than the well mannered applause that financial institution executives usually obtain at investor conferences. “Each Lolla lineup makes fingers wave, heads nod, and crowds holler,” the competition says on its web site.

All that nodding and hollering doesn’t come low-cost, nonetheless. Ticket costs begin at $350 for the occasion, whereas the costliest record for greater than $4,000. Fortunately for Goldman workers hoping to catch a glimpse of their boss outdoors of working hours, occasions are good: The agency posted blockbuster outcomes and boosted compensation by 33% in 2021.

Mr. Solomon, who earned $35 million in pay from his day job final yr, gained’t be turning his passion right into a second profession regardless of the massive break. He plans to donate his look payment to charity.

Write to Charley Grant at charles.grant@wsj.com

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