| Net Worth: | $2 Billion |
|---|---|
| Date of Birth: | March 13, 1956 (68 years old) |
| Gender: | Male |
| Profession: | Businessperson, Entrepreneur and Banker |
| Nationality: | United States of America |
What is Jamie Dimon’s net worth? How does Jamie Dimon make his money? Below is the current net worth of Jamie Dimon and how Jamie Dimon makes his money.
What is Jamie Dimon’s net worth?
Jaime Dimon is an American billionaire, investment banker, and CEO who has a net worth of $2 billion. He is currently shortlisted as one of the 100 Most Influential People in the world by Time Magazine from 2006 to 2011.
Jaime is also chairman and CEO of the most prominent American bank, JPMorgan Chase & Co., which he recorded as the source of his wealth.
He is also one of the board of directors of the Federal Reserve Bank in New York and one of the few persons who become a billionaire without being an employee in the history of time.
Jaime Dimon is notable for being CEO of one of the few banks and becoming a billionaire without founding or owning the firm.
Childhood and Early Career
On the 13th of March 1956, James Dimon was born in New York to a family of two Greek immigrants; Themis and Theodore Dimon. Peter is Jaime’s older brother a congenial twin brother named Ted. At Shearson, where they lived, Jaimes’s father and grandpa were both stockbrokers.
While at a very tender age, James was schooled at the all-boys Browning School and eventually undergo a summa cum laude degree at Tufts University in the department of Psychology and Economics.
He spent a few more years serving in management consulting before he made the decision of enrolling at Harvard Business School. Subsequently, he worked at Goldman Sachs before earning a degree in MBA in 1982.
Jaime denied several companies the offer of joining Weill; a company where his father worked as an executive vice president as a result of advice gotten from Sandy Weill.
Establishments like Lehman Brothers, Goldman Sachs, and Morgan Stanley where were decline the offer to join Weill as an assistant at American Express.
In 1985, Weill company alongside Jaime left American Express where they eventually took over Commercial trade a consumer finance company. Jaime Dimon worked as the chief financial officer which swing around the company.
Jaime and Weill formed the financial services conglomerate Citigroup in 1998 through several acquisitions and mergers, When Weill asked him to leave the company, he left Citigroup. He Citigroup shares for a before deduction profit for a whopping of $110 million.
Salary and Benefits
Jamie receives an annual income of $27.5 million, his annual total remuneration generally exceeds $30–40 million when adding bonuses, personal protection, stock options, and use of a private jet.
For the first time in June 2015, Jamie Dimon’s net worth surpassed $1 billion, and during his tenure at JP Morgan, he made about $120 million in pay and dividends.
According to a company document from that time, Jaime held a value of $793 million of the 6.1 million JP Morgan shares. He had a total asset worth $873 million, including $80 million in additional exercisable stock options.
Jaime has also received significant stock awards.
Personal and Physical Health
Jaime Dimon first met Judith Kent at Harvard Business School. Following their graduation, the couple eventually got hitched in 1983. They have three kids together, named Julia, Laura, and Kara Leigh.
In 2014, he received a throat cancer diagnosis which lasted for eight weeks of chemotherapy and radiation. Jaime later had emergency heart surgery in 2020 to fix an aortic tear.
He went back to serve in a remote capacity after the COVID pandemic.
Honors
Richard M. Daley, the mayor of Chicago, presented Jaime with the American Academy of Achievement’s Golden Plate Award in 2006. He later received the International Executive of the Year award from the Executives’ Club of Chicago in 2010.
Political connection
Jaime regularly gives his full support and contributions to the Democratic Party which made him tight with some officials during the administration of Obama, the likes of former chief of staff Rahm Emanuel.
He was also one of three CEOs, alongside Lloyd Blankfein and Vikram Pandit, who according to the Associated Press has access to former Treasury Secretary Timothy Geithner.
Even as a Democrat, Jaime Dimon frequently expressed public disagreement with several of Obama’s initiatives. In addition to that, he participated in a corporate forum organized by Donald Trump to provide policy recommendations on economic matters in December 2016.
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