When he is not main the most important financial institution within the U.S., JPMorgan Chase CEO Jamie Dimon, 69, spends his spare time studying, climbing, and touring with household.
On an episode of the “Acquired” podcast launched Wednesday, Dimon mentioned that in his “hierarchy of life,” his prime three priorities had been his household, his nation, and his goal, which is working on the financial institution, in that order. Dimon, who has three grownup daughters and seven grandchildren, mentioned that one in all his daughters lately instructed him to get some hobbies.
“And I mentioned, ‘I do. Hanging out with you, household journey, barbecuing, wine,'” Dimon mentioned on the podcast.
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He additionally said that he enjoys studying, studying historical past, and going climbing.
“I do not purchase fancy vehicles and stuff like that, however this offers me goal in life past household and past nation,” Dimon defined within the interview.
And a few former hobbies have to be stored in he previous. Dimon mentioned that he stopped taking part in tennis due to his again, and he would not play golf — he cannot even image himself taking part in the game.
JPMorgan CEO Jamie Dimon. Photographer: Al Drago/Bloomberg by way of Getty Pictures
Dimon, who’s often requested about his succession and retirement plans, additionally mentioned on the podcast that he plans to maintain operating the financial institution so long as he has the “power,” with out giving a particular timeline. At JPMorgan’s Investor Day final 12 months, Dimon mentioned his retirement was “lower than 5 years” away and that the corporate was wanting into discovering a successor.
Now, Dimon says on the podcast that when he’s carried out main JPMorgan, he’ll “train and write” and possibly “write a ebook.”
“I’ve received to do one thing,” he mentioned. “I am not going to twiddle my thumbs and odor the flowers.”
Many Wall Avenue executives have hobbies. Goldman Sachs CEO David Solomon has been a DJ since 2015, in line with his Instagram account. He stopped taking DJ gigs in 2023, although, after Goldman board members expressed concern that the passion would distract him from his CEO job.
Apple CEO Tim Prepare dinner enjoys biking and mountain climbing, whereas Meta CEO Mark Zuckerberg is famously into fight sports activities.
JPMorgan is the largest financial institution within the U.S., with property of $3.9 trillion. With a market worth of over $800 billion, JPMorgan is price greater than its three largest opponents, Wells Fargo, Citigroup, and Financial institution of America, mixed. Within the first half of the 12 months, the main financial institution achieved $30 billion in revenue.
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When he is not main the most important financial institution within the U.S., JPMorgan Chase CEO Jamie Dimon, 69, spends his spare time studying, climbing, and touring with household.
On an episode of the “Acquired” podcast launched Wednesday, Dimon mentioned that in his “hierarchy of life,” his prime three priorities had been his household, his nation, and his goal, which is working on the financial institution, in that order. Dimon, who has three grownup daughters and seven grandchildren, mentioned that one in all his daughters lately instructed him to get some hobbies.
“And I mentioned, ‘I do. Hanging out with you, household journey, barbecuing, wine,'” Dimon mentioned on the podcast.
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