Jes Staley has an estimated net worth of $120 million. He made this money through his profession.
Staley is an American banker and the former group chief executive (CEO) of Barclays.
He was born on December 27, 1956, in Boston, Massachusetts, Staley graduated cum laude from Bowdoin College with a degree in economics.
After his 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.
Staley became one of the founding members of J.P. Morgan’s equities business and ran the Equity Capital Market and Syndicate groups in the early 1990s.
In 2013, After Staley worked with J.P. Morgan for more than 30 years, he joined BlueMountain Capital as a managing partner.
It was announced on October 28, 2015, that Staley would become the group chief executive of Barclays, effective December 1, 2015.
On 1 November 2021, Staley announced his departure from Barclays, as a result of his associations with Epstein.
It was reported that Staley and Epstein exchanged 1,200 emails over four years.
On February 23, 2022, Barclays froze £22 million worth of bonuses for Staley pending investigation into his links to Epstein by the FCA and the PRA.
In January 2023, it was reported that Staley was named in a lawsuit against JP Morgan which alleged that JP Morgan enabled Epstein’s behavior.