JP Morgan boss Jamie Dimon is paid $31.5m after decrying income inequality

  • JP Morgan boss rakes in salary, bonus and stock in 2020
  • Dimon said in 2019 that income inequality was a ‘huge problem’

Jamie Dimon, the billionaire boss of JP Morgan who has warned income inequality has “bifurcated the economy” in America, was paid $31.5m in 2020, the bank announced on Thursday.

The news is likely to cast a harsh spotlight on a figure who has opined about the need for a more caring and equitable capitalism yet appears to have vastly increased his fortune at a time of immense suffering due to the coronavirus pandemic that has seen millions of people plunged into poverty and homelessness.

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from The Guardian https://ift.tt/3pdi7TK
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