"Elon and I hugged it out," Dimon told CNBC in a TV interview at the World Economic Forum's annual event in Davos, Switzerland, Wednesday. "The guy is our Einstein," the JPMorgan chief said. "I'd like to be helpful to him and his companies as much as we can.
Move over billionaires. The first trillionaires are on their way.
At current trends the charity Oxfam predicts up to five trillionaires are expected to emerge within the next decade.
German Chancellor Olaf Scholz on Tuesday vowed to "defend free trade as the basis of our prosperity", a day after US President Donald Trump threatened to impose tariffs and taxes on trade partners.
Billionaire Elon Musk has been a close ally to President Donald Trump during his 2024 election, but Anthony Scaramucci believes it will come to an end.
The World Economic Forum in Davos, Switzerland, is underway this week — and there are calls for taxing the extremely rich to address global inequality.
DAVOS, Switzerland (Reuters) - A strong U.S. economy and lower interest rates could foster a surge in the number of initial public offerings in 2025, building on the recent momentum, a top executive at the New York Stock Exchange said on Wednesday.
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JPMorgan Chase CEO Jamie Dimon and Tesla CEO Elon Musk have resolved their past differences with a reconciliation at the World Economic Forum, where Dimon expressed admiration for Musk's enterprises.
CEO Jamie Dimon praised Tesla Inc (NASDAQ:TSLA) CEO Elon Musk on Wednesday and indicated that the two billionaires have patched holes in their relationship.
CEO Jamie Dimon thinks Elon Musk is a modern-day Albert Einstein. “The guy is our Einstein,” Dimon said of Musk, the Tesla (TSLA) and SpaceX CEO who has become a top ally to President Donald Trump. “I’d like to be helpful to him and his companies as much as we can.