Goldman CEO Loves Summer Camp So Much He’s Expanded His Portfolio
David Solomon, who already co-owned the New England property he once attended, purchased part of another last year where campers enjoy waffles, go-karts and—what else?—a DJ.
Solomon.
Photo illustration: Mathieu Labrecque for Bloomberg Businessweek; photos: Michael Nagle/Bloomberg, Courtesy KenMont and KenWood Camp
Of all things one could say about running Goldman Sachs Group Inc., having fun doesn’t spring to the front. Gus Levy famously died at his desk, and Lloyd Blankfein made joking comparisons between the lives of his wife and Mafia wives.
So when David Solomon decides where to plonk down the eight figures his day job has brought him, he looks for a bit of ritz. He’s cultivated an enviable wine cellar, snapped up stakes in trendy Manhattan restaurants and even grabbed a piece of a luxury real estate empire, a sort of timeshare for the super rich. But there’s nothing quite like being a part owner of an idyllic New England children’s summer camp—except, perhaps, co-owning two of them.