James Dimon is an American billionaire businessman and banker, who has been the chairman and chief executive officer of JPMorgan Chase since 2005.
33 Facts About Jamie Dimon
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Jamie Dimon was previously on the board of directors of the Federal Reserve Bank of New York.
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Jamie Dimon was included in Time magazine's 2006,2008,2009, and 2011 lists of the world's 100 most influential people.
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Jamie Dimon is one of the few bank chief executives to become a billionaire, largely because of his US$485 million stake in JPMorgan Chase.
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Jamie Dimon received a $23 million pay package for fiscal year 2011, more than any other bank CEO in the US.
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Jamie Dimon is one of three sons of Theodore and Themis Dimon, who had Greek ancestry.
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Jamie Dimon's paternal grandfather was a Greek immigrant who worked as a banker in Izmir and Athens, and changed the family name from Papademetriou to Dimon; reportedly it was either because as he was trying to find work as a busboy he realized people did not want to hire Greeks, or because he had fallen in love with a French girl and wanted his name to sound French.
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Jamie Dimon has an older brother, Peter, and a fraternal twin brother, Ted.
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At Tufts, Jamie Dimon wrote an essay on Shearson's mergers; his mother sent the paper to Sandy Weill, who hired Jamie Dimon to work at Shearson during one summer break, doing budgets.
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Jamie Dimon graduated in 1982, earning an MBA as a Baker Scholar.
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Jamie Dimon's father, Theodore Jamie Dimon, was an executive vice president at American Express.
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At 30 years of age, Jamie Dimon served as the chief financial officer, helping to turn the company around.
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Jamie Dimon left Citigroup in November 1998, after being asked to resign by Weill during a weekend executive retreat.
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At least one other account cites a request by Jamie Dimon to be treated as an equal as the real reason.
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In March 2000, Jamie Dimon became CEO of Bank One, the nation's fifth largest bank.
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When JPMorgan Chase merged with Bank One in July 2004, Jamie Dimon became president and chief operating officer of the combined company.
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In 2009, Jamie Dimon was considered one of "The TopGun CEOs" by Brendan Wood International, an advisory agency.
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On September 26,2011, Jamie Dimon was involved in a high-profile heated exchange with Mark Carney, the governor of the Bank of Canada, in which Jamie Dimon said provisions of the Basel III international financial regulations discriminate against US banks and are "anti-American".
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On May 10,2012, JPMorgan Chase initiated an emergency conference call to report a loss of at least $2 billion in trades that Jamie Dimon said were "designed to hedge the bank's overall credit risks".
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On January 24,2014, it was announced that Jamie Dimon would receive $20 million for his work in 2013, a year of record profits and stock price under Jamie Dimon's reign, despite significant losses that year due to scandals and payments of fines.
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In May 2023, Jamie Dimon is due to testify under oath in connection with two lawsuits filed against JPMorgan Chase.
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Jamie Dimon has had close ties to some people in the Obama White House, including former Chief of Staff Rahm Emanuel.
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Nonetheless, Jamie Dimon has often publicly disagreed with some of Obama's policies.
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In December 2016, Jamie Dimon joined a business forum assembled by then president-elect Donald Trump to provide strategic and policy advice on economic issues.
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Jamie Dimon criticized the US federal government response to the COVID-19 pandemic under Trump in a letter to shareholders which criticized the state of education, health care, and social safety nets in the United States.
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In 2018 Jamie Dimon "thought about thinking about" starting his own presidential campaign but decided that it would be too unpopular to succeed.
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In 2021, Trump complained that Jamie Dimon was "not a patriot" because of his company's business in China.
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In 2020 Jamie Dimon expressed support for higher income taxes on the upper class, but condemned the idea of a wealth tax.
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Jamie Dimon advocated a bill abolishing the United States debt ceiling, and warned that a sovereign default by the United States would have catastrophic consequences on the world economy.
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Jamie Dimon corrected that wrong information a month later, in May 2012, before the true damage was revealed, after US Securities and Exchange financial watchdog started reviewing the losses.
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Jamie Dimon sent JPMorgan Chase COO Daniel Pinto to the November 2022 Global Financial Leaders' Investment Summit.
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In 1983, Jamie Dimon married Judith Kent, whom he met at Harvard Business School.
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Jamie Dimon received eight weeks of radiation and chemotherapy ending in September 2014.