Abigail Johnson

Abigail Johnson
Johnson in 2022
Born
Abigail Pierrepont Johnson

(1961-12-19) December 19, 1961 (age 62)
Boston, Massachusetts, US
EducationWilliam Smith College (BA)
Harvard University (MBA)
OccupationBusinesswoman
TitleChairwoman, CEO, and president, Fidelity Investments
Chairwoman, Fidelity International
Spouse
Christopher McKown
​
​
(m. 1988)​
Children2
FatherEdward Johnson III
RelativesEdward C. Johnson II (grandfather)

Abigail Pierrepont Johnson[1] (born December 19, 1961) is an American billionaire businesswoman and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments.[2] Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR),[3] and chair of its former sister company Fidelity International (FIL). Fidelity was founded by her grandfather Edward C. Johnson II. Her father, Edward C. "Ned" Johnson III, remained chair emeritus of FMR until his death in March 2022. As of March 2013, the Johnson family owned a 49% stake in the privately-held company, with Johnson herself holding an estimated 24.5%.[4][5] She is a board member of Breakthrough Energy Ventures.[6]

In November 2016, Johnson was named chair and remained CEO and president, giving her full control of Fidelity with 45,000 employees worldwide.[7] As of June 2024 Johnson's wealth is approximately $35.6 billion,[8] making her one of the world's wealthiest women. She was named on Forbes' "The Richest Person In America's 50 Largest Cities" list in 2016 and ranked eighth in 2023 on their "World's 100 Most Powerful Women" list.[9] She has been the richest person in Massachusetts since at least 2015.[10][11][12][13][14][15][16][17][18][19][excessive citations]

  1. ^ Cite error: The named reference NYTimes 1988 was invoked but never defined (see the help page).
  2. ^ "The World's Billionaires (2010): #48 Abigail Johnson". Forbes. March 3, 2010. Retrieved February 24, 2011.
  3. ^ O'Donnell, Carl (October 13, 2014). "Abigail Johnson Replaces Father Edward As CEO Of Fidelity". Forbes. Retrieved December 5, 2014.
  4. ^ "Abigail Johnson". Forbes. Retrieved July 8, 2021.
  5. ^ Lau, Debra (May 21, 2001). "Fidelity Promotes Abigail Johnson To President". Forbes. Retrieved February 24, 2011.
  6. ^ "BEV Board and Investors | Breakthrough Energy". breakthroughenergy.org. Retrieved January 19, 2023.
  7. ^ Healy, Beth (November 21, 2016). "'Ned' Johnson stepping down as Fidelity chairman". The Boston Globe. Retrieved December 26, 2016.
  8. ^ "Bloomberg Billionaires Index: Abigail Johnson". Bloomberg. Retrieved June 9, 2024.
  9. ^ "The World's Most Powerful Women 2023". Forbes.
  10. ^ Brown, Abram. "The Richest Person In Every State". Forbes. Retrieved June 9, 2024.
  11. ^ Alexander, Dan. "Meet The Richest Person In Every State". Forbes. Retrieved June 9, 2024.
  12. ^ Peterson-Withorn, Chase. "Meet The Richest Person In Every State 2017". Forbes. Retrieved June 9, 2024.
  13. ^ Debter, Lauren. "Meet The Richest Person In Every State 2018". Forbes. Retrieved June 9, 2024.
  14. ^ Wang, Jennifer. "The Richest Person In Each State 2019". Forbes. Retrieved June 9, 2024.
  15. ^ Coudriet, Carter. "The Richest Billionaire In Every U.S. State 2020". Forbes. Retrieved June 9, 2024.
  16. ^ Voytko-Best, Lisette. "Here's The Richest Billionaire In Every U.S. State 2021". Forbes. Retrieved June 9, 2024.
  17. ^ McEvoy, Jemima. "The Richest Billionaire In Every State 2022". Forbes. Retrieved June 9, 2024.
  18. ^ Team, Forbes Wealth. "The Richest Person In Every State 2023". Forbes. Retrieved June 9, 2024.
  19. ^ Team, Forbes Wealth. "The Richest Person In Every State 2024". Forbes. Retrieved June 9, 2024.