Abigail Johnson
CEO of Fidelity Investments
Current Networth - $33.3 Billion
Personal Stats
| Name | Abigail Johnson |
|---|---|
| Role | Businesswoman |
| Industry | Finance |
| Net Worth | $33.3 Billion |
Related People
Table of Contents
- About Abigail Johnson
- Businesses Owned
- Early Life
- Family
- What Is Abigail Johnson’s Net Worth?
- What is Abigail Johnson’s Claim to Fame?
About Abigail Johnson
Abigail Pierrepont Johnson, better known as Abigail Johnson, is an American businesswoman and billionaire. She is best known as the CEO and chair of Fidelity Investments, one of the largest asset management firms in the world. She has been with the company since 1988 and became CEO in 2014, succeeding her father, Edward C "Ned" Johnson III.
Under her leadership, Fidelity has advocated digital transformation, expanded globally, and ventured into cryptocurrency investments.
Businesses Owned
Fidelity Investments
Early Life
Johnson’s early life was marked by upbringing in a privileged yet disciplined environment.
- Born in Boston, Massachusetts, on December 19, 1961.
- Johnson and her younger siblings were not pressured to join the family business, but she was naturally drawn to her father’s work from a young age.
- Attended Buckingham Browne & Nichols, a private school in Cambridge, Massachusetts.
- Despite her family's financial background, she initially pursued the humanities before focusing on business.
- Earned a bachelor's degree in art history from William Smith College in 1984.
- After working as a consultant at Booz Allen Hamilton, where she met her husband, she went on to complete an MBA at Harvard Business School.
- Upon graduating from Harvard Business School in 1988, Abigail joined Fidelity Investments as an analyst and portfolio manager.
Family
Johnson comes from a wealthy and influential business family.
- She is the granddaughter of Edward C. Johnson II, who founded Fidelity Investments in 1946.
- She is the daughter of Elizabeth Johnson and Edward C. "Ned" Johnson III, who played a key role in expanding the company.
- Married Christopher J. McKown, the chief executive of Iora Health, Inc., in 1988. They have two children.
Abigail Johnson is the CEO and chair of Fidelity Investments, overseeing the firm’s $4.9 trillion in assets. She took over in 2014, continuing the legacy of her grandfather, Edward C. Johnson II. Under her leadership, Fidelity expanded into cryptocurrencies and fintech. She is among the world's wealthiest women, with a net worth exceeding $35 billion. Johnson is known for her low-profile leadership style and commitment to innovation, positioning Fidelity as a major player in global finance.
| Net Worth | $33.3 Billion |
|---|---|
| Yearly Income | $5 Million |
| Profession | Businesswoman |
| Nationality | American |
| No. of Houses | NA |
| No. of Cars | NA |
What Is Abigail Johnson’s Net Worth?
As of March 2025, Abigail Johnson’s net worth is estimated to be a staggering $33.3 Billion.
Currently, Abigail is the 52nd wealthiest individual in the world. She also has been the richest person in Massachusetts since at least 2015.
This substantial wealth primarily stems from her ownership stake in Fidelity Investments, a company established by her grandfather, Edward C. Johnson II, in 1946. As of March 2013, the Johnson family owned 49% of the privately held company, with Abigail personally holding an estimated 24.5% stake.
Additionally, Abigail was featured on Forbes's 2016 list of "The Richest Person in America's 50 Largest Cities" and has consistently ranked among the top ten most powerful women on Forbes's "World’s 100 Most Powerful Women" list since 2017.
In addition to her role at Fidelity, Johnson holds a 10.9% stake in Fidelity International, the company's international sister firm, which managed $862 billion in assets as of June 2024.
What is Abigail Johnson’s Claim to Fame?
The daughter of Edward C. Johnson III is best known as the CEO and chair of Fidelity Investments, one of the world's largest asset management companies. She is the granddaughter of Edward C. Johnson II, who founded the firm in 1946.
Under her leadership, Fidelity has increased its offerings in digital assets, including cryptocurrency investments, and remains a major giant in the financial sector.
What Businesses does Abigail Johnson own?
The granddaughter of Edward C. Johnson II is the CEO of Fidelity Investments and owns a stake in the company. Let's take a look at some of the most impressive details of her business endeavors.
- Fidelity Investments: Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is a leading American multinational financial services corporation based in Boston, Massachusetts. Founded in 1946, it has grown into one of the world’s largest asset managers, with $4.9 trillion in assets under management (AUM) and $15.0 trillion in assets under administration as of September 2024. Abigail Johnson, who owns approximately 25% of Fidelity, is one of its largest shareholders and has served as the president and CEO of Fidelity Investments and the chairman of Fidelity International, succeeding her father in leading the company.
How does Abigail Johnson spend her Billions?
The billionaire CEO of Fidelity Investments strategically spends her impressive wealth on a mix of philanthropic ventures, real estate, and business investments. She reinvests heavily in Fidelity Investments, ensuring the company's growth in innovative financial technologies, services, and cryptocurrency.
Through Fidelity Charitable, Abigail has extended philanthropic efforts to various social causes, including education, healthcare, arts, gender equality, and women's rights.
Despite her vast wealth, she maintains a relatively low-key lifestyle and rarely indulges in extravagant personal spending like some other billionaires.
Abigail Johnson’s Real Estate Portfolio
The President of Financial Services at Fidelity Investments maintains a highly private lifestyle, and she does not publicly disclose exact details about her real estate holdings.
However, the Johnson family has major investments in real estate through their company, Pembroke Real Estate, which manages 6.5 million square feet of commercial properties, including office, retail, and hotel space in the Boston Seaport area.
Given her immense wealth, Johnson likely owns additional properties in various prestigious locations.
Vehicles Owned By Abigail Johnson Over The Years
The 63-year-old American billionaire businesswoman maintains a low-key lifestyle, and specific details about her personal vehicle ownership are not widely publicized. However, according to records from the Massachusetts Registry of Motor Vehicles, a 2007 report indicated that she owned a 2000 Mercedes-Benz E320 Wagon.
Apart from this, there is no official information regarding her taste in any type of vehicle or additional cars she may have owned over the years.
What Are Abigail Johnson's Charitable Contributions?
The CEO and Chair of Fidelity Investments has supported numerous charitable causes over the years, supporting education, campaigns, healthcare, and the arts. She is also an advocate for gender equality and women's rights. Here’s a detailed look at her most significant philanthropic pursuits.
- Gift to UNCF for Scholarship Program: In February 2023, the United Negro College Fund (UNCF) has received a historic $190 Million donation from the Johnson family’s Fidelity Investments, marking its largest philanthropic gift to date. The funds will support the launch of the Fidelity Scholars Program, which provides renewable, need-based scholarships along with wraparound support services.
This donation is part of Fidelity’s broader $250 million initiative aimed at expanding educational access and promoting economic mobility for up to 50,000 underrepresented students, including African American/Black, Latinx American, Native American, and Asian/Pacific Islander American individuals.
Apart from this, under Johnson’s leadership, Fidelity Investments has extended its philanthropic efforts through initiatives like Fidelity Cares, which encourages employees to volunteer at various community organizations.
What’s Next For Abigail Johnson?
Abigail Johnson continues to lead Fidelity Investments, driving technological transformation and expanding into new investment sectors. She remains committed to leadership development and operational excellence. In early 2024, Johnson implemented one of the most extensive executive reshuffles of her tenure, appointing a new slate of senior executives, including a new finance chief. This restructuring aimed to expose leaders to different departments, fostering innovation and fresh perspectives.
Also Read:
Write a comment
Comments
No Comments Yet