About (Edward) Johnson family
- The Boston-based Johnson family owns 49% of mutual fund company Fidelity. The other 51% is owned by employees.
- Abigail Johnson is the third generation of the family to run the company. She took over from her father Edward "Ned" Johnson III in 2014.
- Abigail's grandfather, Edward C. Johnson, founded Fidelity in 1946.
- Fidelity had $4.4 trillion in managed assets as of September 2023, making it one of the world's largest mutual fund companies.
- Abigail's brother Edward IV runs investment firm Pembroke Real Estate, which is owned by Fidelity. Sister Elizabeth is not involved at Fidelity.
Wealth History
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Forbes Lists
#5
America's Richest Families (2024)
Personal Stats
- Fortune Founded
- 1946
- Source of Wealth
- money management
- Company Headquarters
- Boston, Massachusetts
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