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Goldman Sachs CEO flies to Paris on private jet after 'banning' staff from attending the Olympics: 'Hypocrisy at its finest'
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Goldman Sachs CEO David Solomon is under fire for jetting to Paris after effectively banning his employees from attending the Olympic Games on the company dime.
The Wall Street tycoon chartered the bank's private luxury jet earlier this week to attend a series of parties and events ahead of the 2024 Games, the New York Post reports.
The Gulfstream G650ER, dubbed 'Air Force Sol,' landed in France on Thursday morning, where Solomon will dine with the French President Emmanuel Macron and party with the rich and famous.
'Yeah he's going to Paris. Hypocrisy at its finest,' one Goldman banker confirmed to the outlet. 'And no doubt he'll be using one of the company jets.'
He was also invited to a ritzy soirée hosted by Bernard Arnault, the billionaire chairman of luxury conglomerate LVMH, and was among the VIP guests at Friday's opening ceremony held on the Seine.
Back in April, Solomon reportedly warned company execs 'not to wine and dine clients at the Paris Games without prior approval.'
Sources claimed the order came out of fear that meetings would be set up as an excuse to attend the major global event at the company's expense.
Solomon, who has caught heat through the years for his side hustle as a DJ, is being slammed by several employees for his latest use of company funds.
'It seems like it's one rule for David Solomon, and another rule for everyone else,' another Wall Street source said. 'Maybe they should call him King Solomon.'
However, Goldman's chief spokesperson, Tony Fratto, defended the big boss.
'That's ridiculous. Everything we're doing here is with clients and our growing team in the country,' Fratto told The Post.
The 62-year-old is also expected to attend multiple sporting events where he will be entertaining some of the firm's clients before hosting a group of Olympic gold medal winners.
'Just like most of the other Fortune 100 CEOs, he's in Paris meeting with clients and our local employees,' Fratto said.
Solomon earned $31 last year, up 24% from the $25 million he took home in 2022, according to the bank's own investor reports.
Read more- https://www.msn.com/en-xl/news/other/goldman-sachs-ceo-flies-to-paris-on-private-jet-after-banning-staff-from-attending-the-olympics-hypocrisy-at-its-finest/ar-BB1qHZEi?ocid=00000000
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