Jamie Dimon

The King of Wall Street

business
Jamie Dimon

Net Worth

$2B

Born

March 13, 1956 (age 70)

Country

United States

Occupation

CEO, Banker, Business Executive

Gender

male

Generation

Boomer

Marital Status

married

Children

3

Single Parent Household

No

Education

Master's

University

Tufts University, Harvard Business School

Industries

business

Wealth Category

billionaire

Wealth Origin

self-made

First-Gen Wealth

Yes

Immigrant

Yes

Overcame

  • • Fired from Citigroup in 1998 after power struggle with mentor Sandy Weill
  • • Diagnosed with throat cancer in 2014, underwent successful treatment
  • • Navigated JPMorgan through 2008 financial crisis and COVID-19 pandemic
  • • Emergency heart surgery in 2020

Jamie Dimon is an American business executive who has served as Chairman and CEO of JPMorgan Chase, the largest bank in the United States, since 2006. He is widely considered one of the most influential bankers in the world and has led the bank through multiple financial crises. Known for his blunt style and operational expertise, he transformed JPMorgan into a global banking powerhouse.

Career Timeline

1956

Born in New York City to Greek immigrant parents

1978 Age 22
Milestone

Graduated from Tufts University with degrees in psychology and economics

1982 Age 26
Milestone

Earned MBA from Harvard Business School

1982 Age 26
Turning Point

Joined American Express, working for Sandy Weill

1985 Age 29
Turning Point

Left American Express with Sandy Weill to run Commercial Credit

1998 Age 42
Milestone

Became President of Citigroup after series of mergers

1998 Age 42
Setback

Fired from Citigroup by mentor Sandy Weill after power struggle

2000 Age 44
Turning Point

Became CEO of Bank One, turning the struggling bank around

2004 Age 48
Milestone

JPMorgan acquired Bank One; became President and COO

2005 Age 49
Milestone

Became CEO of JPMorgan Chase

2008 Age 52
Milestone

Led acquisition of Bear Stearns and Washington Mutual during financial crisis

2014 Age 58
Setback

Diagnosed with throat cancer; underwent successful treatment

2020 Age 64
Setback

Emergency heart surgery to repair aortic dissection

Notable Quotes

"I'd rather have a first-class execution with second-class strategy than the other way around."

— Interview, 2010

"Act like an owner. Act like you own the place, not like you're renting it."

— Shareholder Letter, 2016

"The worst thing you can do is pretend you know something you don't."

— Interview, 2012

"You cannot solve a problem until you acknowledge you have one."