What is Jes Staley net worth?
Jes Staley net worth: James Edward “Jes” Staley is an American banker, and the group chief executive (CEO) of Barclays. Staley has nearly four decades of experience in banking and financial services. Jes Staley net worth is estimated at $ 120 million.
Early life
Staley was born on December 27, 1956 in Boston, Massachusetts. His father, Paul R. Staley, was president and CEO of PQ Corporation, a chemicals company, who eventually settled the family outside of Philadelphia, Pennsylvania. His grandfather, Edward Staley, was the top executive of W.T. Grant at the time when the company filed for bankruptcy in 1976. His brother, Peter Staley, is an AIDS activist.
Jes Staley graduated cum laude from Bowdoin College with a degree in economics.
Career
In 1979, after graduation, Staley joined Morgan Guaranty Trust Co. of New York. From 1980 to 1989, he worked in the bank’s Latin America division, where he served as head of corporate finance for Brazil and general manager of the company’s Brazilian brokerage firm. In the early 1990s, Staley became one of the founding members of J.P. Morgan’s equities business and ran the Equity Capital Market and Syndicate groups.
He spent 34 years at J.P. Morgan’s investment bank, ultimately becoming CEO. In 2013 he moved to BlueMountain Capital, and in December 2015, became CEO of Barclays.
Staley is a Bowdoin College trustee, serves on the boards of the Institute of International Finance, United States-China Business Council, and is a member of the advisory board of the American Museum of Natural History.
Jes Staley Net Worth
Jes Staley net worth is estimated at $ 120 million.
Staley met his wife Debora Nitzan Staley soon after starting work in South America.
The family has two daughters, and maintains residences on Park Avenue, New York City, and Southampton, New York. Staley is a Boston Red Sox fan and a devoted Democrat who holds fundraisers. In the past, he has donated money to the Democratic Senatorial Committee. Staley has also reportedly been a big advocate for diversity since discovering that his brother Peter had been diagnosed with HIV. He helped push the diversity agenda at J.P. Morgan.
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