[ad_1]
JPMorgan announced that chief executive Jimmy Dimon, who had warned of income inequalities among members of the company, took $ 31.5 million from the bank after a year of remarkable growth.
American billionaire Damon has always expressed the need for a more equitable capitalism, but today he is getting richer, in light of a pandemic that has hit wage earners from all walks of life, and made them look with concern at the future of their power under the capitalist system, in which the banks are preparing to reserve the corner.
Damon warned that income inequality had “forked the economy” in America, but he made $ 31.5 million in 2020.
News of this annual bonus value is likely to shed light on a figure that expressed the need for more caring and fairer capitalism, according to the British newspaper The Guardian, but it appears to have significantly increased its value. wealth at the same time. when the economy is suffering tremendous suffering due to the Corona virus pandemic.
Despite being blessed with billions, JPMorgan CEO says COVID-19 is a ‘wake-up call’ to build a fairer society, and in return JPMorgan pays Jimmy Dimon a salary of $ 1.5 million , a $ 5 million cash bonus and $ 25 million in related restricted stock. Performance, according to an organization file.
Total payments to Dimon were similar to what they received from the bank last year, although the bank has seen “stellar” growth in some areas, analysts said.
In 2019, JP Morgan paid Dimon $ 31.5 million, a 1.6% increase from the $ 31 million earned in 2018.
Its latest salary deal comes after the bank released better-than-expected quarterly results last week, bringing fourth-quarter revenue to $ 30.16 billion, beating analysts’ estimates.
Damon, whose fortune is estimated by Forbes at $ 1.7 billion, is one of the billionaires to warn that the excesses of capitalism threaten the foundations of society.
In 2019, Damon told CBS’s 60 Minutes that income inequality was a “big deal,” but he avoided questions about his salary.
Source link
