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Goldman Sachs CEO David Solomon is playing Lollapalooza, alongside Dua Lipa, Doja Cat, and Machine Gun Kelly

Mar 24, 2022, 14:18 IST
Business Insider
Goldman Sachs CEO David Solomon moonlights as a DJ, and is now set to play at the Lollapalooza music festival in July.Kevin Mazur/Getty Images for Safe & Sound
  • Goldman Sachs CEO David Solomon, who moonlights as a DJ, is set to play a set at Lollapalooza.
  • The CEO's name was spotted on the festival lineup along with Dua Lipa, Kygo, and Doja Cat.
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Goldman Sachs CEO David Solomon has a DJing gig at this year's Lollapalooza and will be taking the stage at the music festival alongside celebrities like Doja Cat, Dua Lipa, and Green Day.

Solomon, who typically DJs under the moniker "D-Sol," was listed under his full name on the festival's line-up. Lollapalooza is slated to take place July 28 to 31 at Chicago's Grant Park.

A spokesperson for Goldman Sachs confirmed to CNN Business that Solomon would indeed be performing at the music festival. Solomon himself also advertised the gig on his Instagram, writing: "Excited to play @lollapalooza for the first time this summer."

In his Instagram post, Solomon added that proceeds from the gig would go to various nonprofit organizations partnered with his record label, Payback Records.

The four-day Lollapalooza festival attracts hundreds of thousands of partygoers — around 400,000 people attending the event in 2019. Tickets to the festival start from $350 but can go up to more than $4,200.

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The Goldman Sachs spokesperson told CNN that Solomon usually DJs at four to six events a year, with the profits from his appearances donated to charity. The spokesperson added that while some execs play golf during their downtime, Solomon DJs.

Goldman Sachs CEO David Solomon appears in the small print on the latest Lollapalooza line upLollapalooza.com

"[I] kind of stumbled into it as a hobby, and now I just do it for fun," Solomon said in a podcast in 2017.

However, his DJ-ing side hustle did attract some controversy back in 2020 when he was the opening act for electronic music duo The Chainsmokers at a Hamptons charity event. The incident led the New York health authorities to investigate the event for "rampant" violations of social-distancing measures.

When he isn't DJing, Solomon helms Goldman Sachs, a job which earned him $35 million last year, per the BBC.

Solomon said this year that workers want more transparency and authenticity from their bosses, adding that employees "want leaders that are relatable." However, in the same interview, he doubled down on calls for Goldman workers to return to the office full-time after previously referring to remote work as an "aberration."

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Solomon has also been outspoken about the Ukraine conflict. In a Time interview published on March 13, Solomon said that it was not Wall Street's job to "ostracize Russia" amid calls on social media for financial firms to boycott the country.

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