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Wall St. CEOs Have Made Insane Amount of Money Since Trump’s Win
December 16, 2016
The top executives at the 6 biggest U.S. banks have seen their collective wealth grow by about $275 million since November 8th, as investors run up the stock market in the so-called Trump rally. Most of those gains are concentrated between 2 people: Goldman’s Lloyd Blankfein and JPMorgan’s Jamie Dimon – 90.5% to be precise.
- Blankfein, 62, has seen the value of his Goldman shares swell by $139 million, or nearly 34%, since Trump’s win – more than 6 times his total 2015 compensation.
- Dimon, 60, saw his JPM shares grow by 23%, or $110 million uring that same interval - 4 times his total 2015 pay.
Elsewhere on Wall Street:
- Morgan Stanley’s James Gorman has made $7 million.
- Bank of America’s Brian Moynihan $7 million.
- Wells Fargo’s new CEO Tim Sloan has made $6.5 million.
- Citigroup’s Michael Corbat had made $5.3 million.
