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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
PoliticsU.S. Presidential Election

JPMorgan CEO Jamie Dimon’s wife Judy is knocking doors for Kamala Harris

Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
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Eleanor Pringle
By
Eleanor Pringle
Eleanor Pringle
Senior Reporter, Economics and Markets
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November 4, 2024, 6:45 AM ET
CEO of Chase Jamie Dimon (L) and wife Judith Kent
CEO of JPMorgan Chase Jamie Dimon (L) and his wife Judy.DREW ANGERER/AFP - Getty Images
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JPMorgan CEO Jamie Dimon may be keeping his political views to himself this election cycle, but his wife is making her endorsement known.

Judith Dimon reportedly spent the weekend door-knocking for the Harris campaign in Michigan, doubling down on more than $250,000 worth of donations to the Democratic committee and Harris campaign.

Judy is taking a markedly different approach to her husband, the Wall Street veteran who is running America’s biggest bank.

So far, Dimon has declined to back either Harris or Trump publicly.

Dimon’s name has also been mentioned in relation to roles within either a Republican or Democratic administration.

Such rumors have continued to ramp up following the CEO’s confirmation he would be leaving the top job JPMorgan Chase within the next five years.

However, Dimon has so far insisted he’s not interested in taking a political route—be that as Treasury Secretary or Fed chairman.

It’s unsurprising that both the Harris and Trump campaigns would seek to align themselves with Dimon, who is seen as something of a white knight for the American economy.

Dimon’s endorsement carries weight and could have implications for JPMorgan’s 300,000 employees—a fact he will be well aware of.

Meanwhile, Dimon’s wife is free to make independent political endorsements based on her own beliefs.

“The stakes are high in this election for our country, our core principles, our security and our economy,” Judy said in a statement provided by the Harris campaign to Bloomberg.

“The freedoms, rights and opportunities that have benefited many of us should be there for more—not fewer—of our children and grandchildren.”

The Harris campaign did not immediately respond to Fortune’s request for comment.

According to the Federal Election Committee, Judy—employed by the James and Judith K. Dimon Foundation based out of New York—has donated to the Democrats and Harris directly three times in 2024.

According to the filings seen by Fortune, two initial amounts of $100,000 and $41,000 were donated in February, followed by a further $120,500 donated in July to the DNC.

JPMorgan declined to comment on Judy’s political backing when approached by Fortune.

What has Jamie Dimon said about Harris and Trump?

Dimon—not known to be a CEO who keeps his cards close to his chest—has been notably quiet on which candidate he would prefer to see in the White House.

Late last month, reports suggested that Dimon was privately endorsing Harris, fearing backlash if he does so publicly in the event of a Trump win.

On the other hand, Dimon—paid $36 million for his work in 2023—has also raised eyebrows by agreeing with former President Donald Trump on certain issues and supporting Elon Musk’s call for a Department of Government Efficiency (DOGE) under the next administration.

This praise all coming from a man who has described himself as “barely a Democrat.”

On the record, Dimon has been determined to reserve his right as a private citizen and not be drawn on reports of who his ballot will be case for.

In an interview with Bloomberg TV earlier in October, Dimon said he can vote as a private individual just as any other U.S. citizen can, and explicitly stated he’s not interested in private endorsements.

“I will decide, I will vote,” he said. “I reserve the right to do whatever I want, I’m a citizen, I can vote, I can say what I want. I’ve never been into privately endorsing candidates … I’m thinking through what I want to say or do.”

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About the Author
Eleanor Pringle
By Eleanor PringleSenior Reporter, Economics and Markets
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Eleanor Pringle is an award-winning senior reporter at Fortune covering news, the economy, and personal finance. Eleanor previously worked as a business correspondent and news editor in regional news in the U.K. She completed her journalism training with the Press Association after earning a degree from the University of East Anglia.

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