James Dimon is a millionaire businessman and banker from the United States who has been the chairman and CEO of JPMorgan Chase, the largest of the big four American banks, since 2005. Dimon formerly served on the Federal Reserve Bank of New York’s board of directors.
Jamie Dimon Biography And Net Worth
Net Worth | $2Bollion |
Birth Date | 13th March 1956 |
Age | 66 |
Profession | Entrepreneur Banker Businessperson |
Spouse | Judith Kent |
Jamie Dimon Early Life
Dimon was born in the city of New York. He is one of three sons of Greek ancestors Theodore and Themis Dimon. Dimon has an elder brother named Peter, as well as a fraternal twin brother named Ted. At Shearson, both his father and grandfather worked as stockbrokers. He attended Browning School and Tufts University, where he majored in psychology and economics and graduated with honours. Dimon authored an article about Shearson’s mergers while at Tufts; his mother forwarded the paper to Sandy Weill, who recruited Dimon to work for Shearson over a summer break, managing budgeting.
He worked in management consulting at Boston Consulting Group for two years after finishing before enrolling at Harvard Business School. He interned at Goldman Sachs during his summer at Harvard. As a Baker Scholar, he graduated in 1982 with an MBA.
Jamie Dimon Career
- Commercial credit and transition into Citigroup
Dimon followed Sandy Weill when he departed American Express in 1985. Control Data was subsequently taken up by the two, who took over Commercial Credit, a consumer credit firm. Dimon, who was 30 at the time, acted as chief financial officer, assisting in the turnaround of the firm. Dimon resigned from Citigroup in November 1998, after Weill encouraged him to do so during a weekend management conference.
- Move to J.P. Morgan
Dimon was named CEO of Bank One, the nation’s fifth biggest bank, in March 2000. Dimon became president and chief operating officer of the merged firm after JPMorgan Chase bought Bank One in July 2004. On September 26, 2011, Dimon was embroiled in a high-profile heated debate with Mark Carney, the governor of the Bank of Canada. In January 2012, Dimon said of the Volcker Rule, “Part of the Volcker Rule I agreed with, which is no prop trading.” On January 24, 2014, it was revealed that Dimon will get $20 million for his performance in 2013, despite considerable losses that year due to scandals and fine settlements.
Jamie Dimon Personal Life
Dimon married Judith Kent, whom he met while attending Harvard Business School, in 1983. Julia, Laura, and Kara Leigh are their three children. Laura is a Barnard College graduate, freelance writer, and ABC News producer. Julia and Kara both attended Duke University. Dimon, 63, underwent “emergency heart surgery” in March 2020. The procedure was performed to repair an acute aortic dissection, which is a rupture in the inner layer of the aorta, the biggest blood vessel in the body.
Jamie Dimon Net Worth
Jamie Dimon is a $2 billion dollar American billionaire investment banker and CEO. Jamie Dimon’s net worth is derived from his present position as CEO and Chairman of JPMorgan Chase & Co, the largest American bank.