How much is Jamie Dimon’s net worth?
65 years old James Dimon is an American billionaire businessman. As of 2021, Jamie Dimon’s net worth is estimated at $2 Billion.
|Net Worth in 2021||$2 Billion|
|Real Name||Jamie Dimon|
|Famous Name||Jamie Dimon|
|Birth Place||New York, United States|
|Birthday||13 March 1956|
|Age/How old?||65 years old|
|Height/How tall?||5 feet 11 inches|
|Education||Harvard Business School (1982)|
|Wife||Judith Kent (m. 1983)|
|Daughter||Laura Dimon, Julia Dimon, Kara Leigh Dimon|
Who is Jamie Dimon?
Jamie Dimon is 65 years old American businessman. He is well known for being the CEO and Chairman of the American multinational investment bank JPMorgan Chase. He is also the Chairman of The Business Roundtable, a non-profit lobbyist association.
According to Forbes data, Jamie Dimon’s net worth is estimated at $2 billion.
In addition, Dimon previously served as the board of directors of the Federal Reserve Bank of New York.
Jamie started his career with American Express. Later, he joined JPMorgan Chase, earning $23 million for the fiscal year of 2011.
However, the series of controversies, including a trading loss of $6 billion to TARP transfer, lowered his compensation to $11.5 million in 2012.
He has won the 2012 Intrepid Salute Award and the 2016 Americas Society Gold Medal for his work.
Jamie Dimon Age & Birthday
Jamie was born on 13th March 1956 in New York City, United States, named James Dimon. According to his date of birth, Jamie Dimon is 65 years old.
He was born in the family of Greek immigrants Theodore and Themis Dimon. He grew up with his two siblings Peter and Ted, in New York City.
Dimon’s father worked as a stockbroker at Shearson. His father was also the executive vice president at American Express.
Jamie attended The Browning School to complete his early education. Later, he joined Tufts University, earning a degree in psychology and economics.
He then got enrolled at the Harvard Business School, working as a management consulting for two years. In 1982, he graduated as a Baker Scholar earning his MBA degree.
During this time, he worked for Goldman Sachs, a multinational investment bank.
Afterward, Jamie accepted Sandy Weill’s offer to assist him at American Express.
Jamie Dimon’s Net Worth & Salary
Jamie Dimon has an estimated net worth of $2 billion as of October 2021. He has earned all his money from the career of an investment banker.
He is one of the most successful chief executives in the world, who turned billionaire.
Jamie’s base salary is $27.5 million annually. He earns an extra of around $30-40 million from the annual compensation. In 2015, he made approximately $120 million being at JPMorgan Chase.
Moreover, he owns 6.1 million JPMorgan shares that are worth $793 million in the market.
Jamie has also invested in real estate purchasing a Park Avenue apartment and a 30-acre property in Bedford Corners, New York, for $30-40 million.
Presently, his financial assets apart from JP Morgan are worth $500 million, according to Bloomberg.
Jamie Dimon’s Net Worth Estimates (5 years Net Worth)
The graph of Jamie Dimon Net Worth is shown below-
|Net Worth Year||Total Income|
How did Jamie Dimon become a billionaire?
After graduation, Jamie Dimon worked for a multinational financial services corporation American Express. He left the company in 1985 after the departure of Sandy Weill.
Both Sandy and Jamie took over the company named Commercial Credit. He became the chief financial officer and helped Weill in various acquisitions and mergers to form Citigroup.
In 1998, Jamie left Citigroup when Weill asked him to resign. Later, he sold his 2.3 million Citigroup shares for a pre-tax profit of $110 million.
After that, Dimon became the CEO of Bank One in March 2000. In July 2004, JPMorgan Chase acquired Bank One, making Jamie the president and CEO of the combined company.
In the following year, he took over the position of CEO of JPMorgan Chase.
he got elected as the board member of the Federal Reserve Bank of New York in 2008.
Under his leadership, the bank became the leading United States bank in domestic assets under market capitalization value, publicly-traded stock value, and management.
In honor, Jamie Dimon got listed by Time Magazine as the 100 most influential people in the world in 2006, 2008, 2009, and 2011.
He had also received the Golden Plate Award of the American Academy of Achievement in 2006.,
In April 2021, Jamie Dimon raised his voice against the State and Local Tax Deduction.
TARP Transfer and Trading Loss
In 2012, JPMorgan Chase experienced a loss of $6 billion in trades.
With a nine-month investigation, Jamie’s compensation got lowered for the fiscal year 2011. Despite the scandal, he earned $20 million in 2013.
In 2008, Jamie oversaw the transfer of $25 billion funds under the Troubled Asset Relief Program (TARP) from the US Treasury Department to the bank.
The transfer gave rise to the controversy of a bank being economically stable and did not need to take the TARP funds.
In February 2009, the bank made it clear that they had decided to use the funds to acquire new businesses.
Jamie Dimon Health
Jamie Dimon got diagnosed with throat cancer in 2014. He went through eight weeks of radiation and chemotherapy.
In March 2020, Dimon underwent heart surgery to repair an acute aortic dissection. He came back to work in April 2020 after recovery.
Jamie Dimon Wife
Jamie Dimon got married to Judith Kent in 1983. The two met while attending Harvard Business School.
Judith was born and raised in Bethesda, Maryland. Her father, Robert Kent, was the president of a real estate and insurance company in Rockville.
She completed her graduation from Tulane University in New Orleans. Later, she earned her master’s degree in organizational psychology from Catholic University.
Both Jamie and Judith worked at American Express after completing their graduation. She was a management trainee, while Jamie was an assistant to the chairman of the executive committee.
Jamie Dimon Kids
Jamie and Judith are the parents of three beautiful daughters, Julia, Laura, and Kara.
Dimon’s oldest child Julia graduated from Duke University and did her MBA from the Harvard Business School. She is now working for the investment bank Allen & Company.
Dimon’s middle child Laura is working as a reporter for the New York Daily News.
Her article about women avoiding getting caught going No.2 in the office at Daily Beast brought her into the spotlight.
Laura got graduated from Columbia University’s Graduate School of Journalism in 2013.
Later, she started her career posting articles in The Huffington Post, The Daily Beast, The New York Times, The Economist, and Morocco World News.
Laura earlier worked for the Clinton Health Access Initiative as a program analyst in Pretoria, South Africa.
She also joined The Council on Foreign Relations as an intern.
Kara also attended Duke University. She has a master’s degree in public health and MBA from Columbia University.
Jamie Dimon is a New York-based billionaire businessman and entrepreneur. His net worth is approximately $2 billion as of 2021.
Jamie got famous for being the CEO and chairman of the fourth-largest US bank JPMorgan Chase, since 2005. He started his career with American Express in 1982.
Jamie has maintained the bank’s reputation and loyalty towards employees through his communication skills.
His bank got ranked #22 on Fortune’s list of the world’s most admired companies and #21 on the 2017 Fortune 100 list.
According to Forbes and data available on the internet, Jamie Dimon’s net worth is estimated at USD $2 Billion.
He has been married to Judith Kent since May 1983. They have three children.
Yes, Jamie Dimon was raised with his siblings named Peter Dimon (Brother), and Ted Dimon (Brother).
Jamie Dimon lives and works in New York.
Jamie Dimon reportedly earns nearly $31.66 million every year.
Born on 13 March 1956, Jamie Dimon is 65 years old as of October 2021.