James Dimon Net Worth
James Dimon Net Worth is
James Dimon Bio/Wiki, Net Worth, Married 2018
He could be the present chairman, president and chief executive officer of JPMorgan Chase, among the Big Four banks of America, and formerly served as a Class A manager of the Board of Directors of the Ny Federal Reserve. He was likewise named to “Institutional Investor”‘s Greatest CEOs list in the All America Executive Team Survey from 2008 through 2011. He was named the CEO of the Entire Year in 2011. He received a $23 million pay package for fiscal year 2011, more than another bank CEO in America. Dimon received $20 million in damages because of his work in fiscal year 2013.
In a power battle, Weill left American Express in 1985 and Dimon followed him. The two subsequently took over Commercial Credit, a consumer finance company, from Control Data. Dimon served as the chief financial officer, helping turn the business around. By way of some unprecedented mergers and acquisitions, in 1998 Dimon and Weill were in a position to form the biggest financial services conglomerate the world had ever seen, Citigroup. Dimon left Citigroup in November 1998, after being requested to step down by Weill during a weekend executive getaway. It had been rumored at the time which he and Weill claimed in 1997 over Dimon’s not encouraging Weill’s daughter, Jessica M. Bibliowicz, although that occurred over a year before Dimon’s departure. A number of other reports mention other, more substantive, problems as the true motives. Dimon stepped down as CEO of First Chicago Corp. In March 2000, Dimon became CEO of Bank One, the country ‘s fifth biggest bank. When JPMorgan Chase bought Bank One in July 2004, Dimon became president and chief operating officer of the combined business.