People in Hong Kong love their supercars... and their vanity plates. Just watch this. (This is also one of my favorites.) So why would the employees of Goldman Sachs be any different? Good news, they’re not.
We spent five minutes (literally one lap) last week driving through the parking garage at Cheung Kong Center, home of Goldman Sachs Asia, and here are just a few of the highlights.
The premise is more light-hearted and whimsical than it is literal exposé - I have no idea who these cars actually belong to. Although Goldman Sachs is the largest occupant in Cheung Kong, other tenants include Jefferies, RBS, BlackRock, and of course, Li Ka Shing, who has an indoor pool and private garden on the top floor.
Click here to jump right to the cars>>
The amazing thing is that, as is customary in the region, most senior bankers are chauffeur driven (A Filipino driver costs a mere $1,500 a month), so this isn’t even the most accurate (or ostentatious) reflection of reality.
Just to put this slideshow into perspective, you need to understand how much more expensive luxury cars are in Asia. According to Mercedes Benz, a new S600 sedan that runs $166,900 in the US will set you back $386,000 in Hong Kong– or 21 years of servitude for a Pilipino chauffeur.
Mercedes SLS AMG
Lamborghini Huracan
$450,000
"The tradition of individual philanthropy remains a core tenet of our culture."
"Current and retired senior employees of the firm granted over $400,000 via Goldman Sachs Gives to One Fund Boston to assist victims and families affected by the tragic events at the Boston Marathon."
Goldman Sachs
Ferrari 612 Scaglietti
$250,000
"This is a sensitive time for us, and [the firm] wants to make sure that we're not being seen living high on the hog."
Anonymous Goldman Sachs employee (via New York Post)
See the rest of the story at Business Insider