Name: Jamie Dimon
Net worth: Approx. $2.3 billion Executive pay: $36 million
Company: J.P. Morgan
Bio: Jamie Dimon hails from New York City and is the son of Theodore and Themis Dimon. His paternal grandfather, a Greek immigrant, was a banker in İzmir and Athens, and changed the family name from Papademetriou to Dimon. Dimon has two brothers, Peter and Ted, and both his father and grandfather were stockbrokers at Shearson. He attended the Browning School and studied psychology and economics at Tufts University, graduating summa cum laude. While at Tufts, Dimon wrote an essay on Shearson's mergers, which caught the attention of Sandy Weill, leading to Dimon being hired to work at Shearson during a summer break, focusing on budgets.
Jamie Dimon majored in psychology and economics at Tufts University, after which he enrolled at Harvard Business School where he graduated with a Master of Business Administration degree as a Baker Scholar in 1982.
Dimon worked for and was fired from CitiGroup after his once profitable relationship with Wall Street legend Sandy Weill deteriorated.
Dimon assumed the role of CEO at Bank One in March 2000, which was the fifth largest bank in the country at the time. Following the merger of JPMorgan Chase with Bank One in July 2004, Dimon took on the positions of president and chief operating officer at the newly combined company. He was appointed CEO of JPMorgan Chase on December 31, 2005, and then chairman and president on December 31, 2006.
Dimon previously served on the board of directors of the Federal Reserve Bank of New York.
JPMorgan Chase is considered the #1 credit card provider in the US In 2009 as well as the leading US bank in domestic assets under management, market capitalization value, and publicly traded stock value. Dimon was considered one of The TopGun CEOs by Brendan Wood International, an advisory agency.
Quote: “Don’t do anything stupd. And don’t waste money. Let everybody else waste money and do stupid things; then we’ll buy them.” — Jamie Dimon
