Subscribe to Entrepreneur for $5
Subscribe

Goldman Sachs CEO Lloyd Blankfein Has 'Highly Curable' Form of Lymphoma

By

Lloyd Blankfein, who has served as the chairman and CEO of giant since 2006, announced today that he has been diagnosed with lymphoma.

Paul Elledge Photography | Wikimedia Commons
Lloyd Blankfein CEO of Goldman Sachs

“Fortunately, my form of lymphoma is highly curable,” Blankfein, 61, wrote in a letter to colleagues, clients and shareholders, “and my doctors' and my own expectation is that I will be cured.” Blankfein did not specify what type of lymphoma he suffers from.

While undergoing chemotherapy treatment over the next several months, Blankfein said he will “work substantially as normal, leading the firm” -- though he will reduce travel plans. Goldman’s board of directors is fully supportive of this approach, he added.

Blankfein became one of ’s most powerful players after his predecessor at Goldman Sachs, Henry Paulson, was nominated by George Bush to serve as Treasury Secretary of the United States. Raised in a housing project, Blankfein put himself through school at Harvard and now boasts a reported $1.1 billion net worth.

After being diagnosed just last week, “I have a lot of energy and I'm anxious to begin the treatment,” he concluded.

Entrepreneur Editors' Picks