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, mountaineering, and touring with household.
On an episode of the “Acquired” podcast launched Wednesday, Dimon mentioned that in his “hierarchy of life,” his high three priorities had been his household, his nation, and his objective, which is working on the financial institution, in that order. Dimon, who has three grownup daughters and seven grandchildren, mentioned that one among his daughters lately advised 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 mountaineering.
“I do not purchase fancy vehicles and stuff like that, however this provides me objective in life past household and past nation,” Dimon defined within the interview.
And a few former hobbies should be saved 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 through Getty Photographs
Dimon, who’s continuously requested about his succession and retirement plans, additionally mentioned on the podcast that he plans to maintain working the financial institution so long as he has the “power,” with out giving a particular timeline. At JPMorgan’s Investor Day final yr, Dimon mentioned his retirement was “lower than 5 years” away and that the corporate was trying into discovering a successor.
Now, Dimon says on the podcast that when he’s performed main JPMorgan, he’ll “train and write” and possibly “write a ebook.”
“I’ve obtained to do one thing,” he mentioned. “I am not going to twiddle my thumbs and odor the flowers.”
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Many Wall Road 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 pastime would distract him from his CEO job.
Apple CEO Tim Prepare dinner enjoys biking and mountaineering, whereas Meta CEO Mark Zuckerberg is famously into fight sports activities.
JPMorgan is the greatest financial institution within the U.S., with property of $3.9 trillion. With a market worth of over $800 billion, JPMorgan is value greater than its three greatest opponents, Wells Fargo, Citigroup, and Financial institution of America, mixed. Within the first half of the yr, 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, mountaineering, and touring with household.
On an episode of the “Acquired” podcast launched Wednesday, Dimon mentioned that in his “hierarchy of life,” his high three priorities had been his household, his nation, and his objective, which is working on the financial institution, in that order. Dimon, who has three grownup daughters and seven grandchildren, mentioned that one among his daughters lately advised 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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