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Jamie Dimon's Road To Domination Started In Chicago
JPMorgan Chase Chairman and CEO Jamie Dimon
Love him or hate him, you can’t ignore Jamie Dimon. But did you know the controversial JPMorgan Chase chairman’s climb to the top of the executive ladder began in Chicago? Dimon became CEO of Bank One in 2000 after being forced out of Citigroup two years earlier, improved the bank’s balance sheets and profit margin, and eventually sold Bank One to JPMorgan, reports Bloomberg. Dimon’s net worth is now $1.1B, JPMorgan Chase’s shares are near record highs; and Dimon has become a lightning rod for income inequality as much for his response to critics as his wealth. [Bloomberg]
