The earnings of the president of Kresus are PLN 170 million per year. The manager of a bank that did not want to employ him
Remuneration Goldman Sachs CEO David Solomon's total increased by 20.5%. up to USD 47 million in 2025, the bank announced on Friday. This is more than the $43 million earned last year by Jami Dimon, the head of the largest American bank JPMorgan Chase (who a few days ago he got a lawsuit from Donald Trump).
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According to Reuters, Solomon's remuneration as the head of one of the largest banks on Wall Street in the US included a base salary of $2 million. and $45 million annual variable remuneration. The total amount is USD 47 million, i.e. the equivalent of almost PLN 167 million at today's exchange rate.
In 2023, Solomon received a payout of $31 million, and in 2024 – $39 million. This means that last year his salary increased by $8 million.
Under the leadership of Solomon, whom Goldman Sachs had historically refused to employ, the bank's shares gained 53.5 percent. in 2025, outperforming the broader market index and most peer banks.
See also: Donald Trump goes to war with the “world's most powerful banker”. He wants $5 billion from him.
The bank didn't want to hire him. Today he runs it and earns a fortune
David Solomon was rejected by Goldman Sachs twice early in his career, and one partner once told him he was “not the right fit for Goldman Sachs.” Despite these rejections in the 1980s, Solomon joined the company in 1999.
He then rose through the ranks to eventually replace Lloyd Blankfein, who led Goldman Sachs through the 2008 financial crisis and its aftermath. Solomon became head of Goldman Sachs in 2018.
See also: Billionaires at the top. The wealth of the richest is breaking records
Bank profits. A successful year for Goldman Sachs
2025 was a successful year for Goldman Sachs. Fourth-quarter results, released last week, topped analysts' expectations.
Goldman has advised on several major mergers in 2025, including Alphabet's $32 billion acquisition of cloud security company Wiz.
The bank was also the lead underwriter in the initial public offering of medical supplies giant Medline, which was the world's largest public offering in 2025.
These huge deals helped Goldman Sachs re-assert itself as a leader in the global M&A market in 2025. The bank advised on transactions worth a total of $1.48 trillion.
Forecasts for 2026
This shows optimism about investment banking in 2026 and bodes well for the bank. US President Donald Trump's more liberal regulatory stance, combined with lower interest rates and abundant liquidity, has encouraged companies to step up dealmaking. This helped investment banks like Goldman Sachs make profits.
Source: Reuters
