U.S.'s JPMorgan CEO Jamie Dimon, aged 69, reveals his top priorities: family, nation, and work at the bank, listing the latter as his purpose in life.
Jamie Dimon, the 69-year-old CEO of JPMorgan Chase, has a reputation for his strong leadership and commitment to his role at the bank. However, the charismatic executive also has a rich personal life filled with hobbies and priorities that reflect his balanced approach to life.
Dimon's hobbies include hiking, barbecuing, reading, and travelling with family. He shared these interests in a conversation with his daughter, who encouraged him to take up new hobbies. In addition to these, Dimon enjoys wine and whiskey, reflecting his appreciation for fine beverages.
In contrast to some top CEOs, Dimon has not taken up any new hobbies beyond his existing interests. He has also stopped playing tennis due to his back and does not play golf.
Despite his age, Dimon continues to lead JPMorgan Chase as long as he has the energy. Last year, at JPMorgan's Investor Day, he stated that his retirement was "less than five years" away, and the company was looking for a successor. However, in a recent podcast episode, Dimon did not express any plans for retirement.
JPMorgan Chase, with Dimon at the helm, boasts a market value of over $800 billion, making it worth more than its three biggest competitors, Wells Fargo, Citigroup, and Bank of America, combined. The bank, the largest U.S. bank with assets of $3.9 trillion, achieved $30 billion in profit in the first half of the year.
Dimon's priorities in life are clearly outlined in his "hierarchy of life." In an interview, he revealed that his top three priorities are his family, his country, and his purpose at the bank, in that order. He enjoys spending time with his three adult daughters and seven grandchildren.
In a bold move, Dimon has also mentioned that JPMorgan will fire junior bankers over a common practice that he considers "unethical." This decision reflects his commitment to maintaining high ethical standards within the bank.
Looking towards the future, Dimon has expressed his intentions to teach and write, possibly even authoring a book, after he retires from JPMorgan. For now, however, Dimon remains focused on leading JPMorgan Chase, balancing his personal and professional life, and continuing to make a significant impact in the banking industry.
[1] Source: Forbes, 2021 [2] Source: CNBC, 2020
- In his personal life, Jamie Dimon, the CEO of JPMorgan Chase, also has a passion for news, lifestyle, and entertainment, as he enjoys reading and travelling.
- The success of JPMorgan Chase, under Dimon's leadership, extends to the finance and business sectors, boasting a market value of over $800 billion and achieving $30 billion in profit in the first half of the year.
- Despite his plans to retire in less than five years, Dimon has expressed no immediate intentions of stepping down from his role at JPMorgan Chase, continuing to maintain a balanced approach to life and work.
- In addition to his professional commitments, Dimon also values scaling ethical standards within the company, recently announcing that JPMorgan will fire junior bankers who engage in unethical practices.
