Is JPMorgan's Dimon really worth $1B?

June 3, 2015 7:03 PM

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With shares of Dow component JPMorgan Chase (JPM) near the all-time high they set last month, Bloomberg reported Wednesday that the bank's CEO, Jamie Dimon, has an estimated net worth of $1.1 billion. That's a rare feat for the CEO of a financial institution who is not also founder (Lehman Brothers' disgraced CEO Richard Fuld achieved it -- for a time). Is such a sum justified?

) stock sales (under Sandy Weill, Dimon rose to become president of Citigroup until he was pushed out in 1998).

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