Jamie Dimon is the chairman of J.P. Morgan Chase that’s one of the 4 biggest banks withinside the United States. A U.S. citizen via way of means of birth, Jamie Dimon has been a complete of 4 instances on Time magazine`s pinnacle one hundred maximum influential people; in 2006, 2008, 2009, and 2011.
Early Life
Dimon became born in New York City and is a Greek immigrant child. His parents, Theodore and Themis Dimon had been each commercial enterprise folks that arrived in America lengthy earlier than Jamie and his brothers, Peter and Ted, had been born.
His grandfather, which became a stockbroker at Shearson, modified the own circle of relatives call from Papademetriou to Dimon to make it sound extra French.
Education
Dimon attended the Browning School, that’s a boy`s simplest impartial college in New York City. He graduated summa cum laude at Tufts University, majoring in psychology and economics. It is at Tufts in which he were given his first summer time season activity doing budgets for Shearson after he wrote an essay approximately Shearson mergers.
After graduation, Mr. Dimon did a few control consulting for 2 years earlier than enlisting at Harvard Business School. During his time at Harvard, he labored at Goldman Sachs earlier than graduating in 1982 with a Master of Business Administration diploma as a Baker Scholar.
After graduation, he became presented an assistant`s function at American Express via way of means of Sandy Weill. During that point at American Express, his father became an government vp on the equal company.
His Career
Dimon along side Sandy Weill each left American Express for Commercial Credit. Shortly after, they controlled to create a massive monetary carrier conglomerate known as Citigroup. In 1998, Dimon left Citigroup after Sandy Weill requested him to. The motives for it are up to now unknown, however it’s far rumored that Weill fired him after refusing to sell his daughter.
J.P. Morgan Chase
In 2000, Jamie Dimon have become the CEO of Bank One, which he controlled to elevate it because the fifth biggest U.S. financial institution.
Shortly after in 2004, J.P. Morgan Chase obtained Bank One and Dimon have become the president and leader working officer of J.P. Morgan Chase. If you need to understand a extra designated overview of J.P. Morgan Chase, then you could research extra here.
On precisely December 31st, 2005, Dimon have become the CEO of J.P. Morgan Chase and on December 31st, 2006 he became named Chairman and President. This allowed Dimon to project his vintage pal and competitor Sandy Weill and Citigroup. During his time as Chairman and President, J.P. Morgan Chase have become the main U.S. financial institution in home assets, with extra than 250,000 personnel global and a marketplace cap of over $340 billion.
Jamie Dimon has cleverly controlled to upward thrust as one of the “Top Gun CEO`s” withinside the banking enterprise via cleaver control and investments. For his paintings in 2013 and for registering every year document income and inventory prices, J.P Morgan Chase presented Dimon $20 million. This became via way of means of some distance the maximum a CEO has ever acquired and it became a 74% improve that included $18 million in restrained stocks. Jamie Dimon has a complete internet really well worth of $1.three billion, in keeping with Forbes.
