Abigail Johnson: Forbes 60th Billionaire in the world

Real Time Net Worth: $28.6 billion (as of 4/30/24)
2023 Forbes 400 Net Worth: $25.5 billion (as of 10/3/23)
Ranking: #60 in the world today
Source of Wealth: Fidelity
Age: 62
Residence: Milton, Massachusetts
Citizenship: United States
Marital Status: Married
Children: 2
Education: Master of Business Administration, Harvard Business School; Bachelor of Arts/Science, Hobart and William Smith

About Abigail Johnson:
Abigail Johnson assumed the helm as CEO of Fidelity Investments in 2014, following in the footsteps of her father, and later assumed the role of chairman in 2016. With a storied legacy dating back to its founding by her grandfather, Edward Johnson II, in 1946, Fidelity has flourished under Abigail’s leadership. She commands an estimated 28.5% stake in the firm, which manages discretionary assets totaling a staggering $4.5 trillion as of September 2023. Notably, Abigail Johnson has embraced the rise of cryptocurrencies, spearheading Fidelity’s foray into the space with the launch of a platform enabling institutional investors to trade bitcoin and ether. Her journey at Fidelity began humbly, with summers spent working at the firm during college, before joining full-time as an analyst in 1988 upon completing her Harvard M.B.A.

Wealth History:
Abigail Johnson’s wealth trajectory underscores her pivotal role in steering Fidelity Investments to unprecedented heights, cementing her status as one of the most influential figures in finance.

Did You Know:

• The Johnson family’s philanthropic endeavors extend beyond Fidelity, with significant contributions to nonprofits in the Boston area, including Harvard, the Institute of Contemporary Art, and Historic New England.
• Abigail Johnson’s commitment to excellence is encapsulated in her belief that no matter one’s seniority within an organization, the pursuit of improvement is perpetual.

In Their Own Words:
“No matter how senior you get in an organization, no matter how well you’re perceived to be doing, your job is never done.” – Abigail Johnson

Abigail Johnson’s leadership at Fidelity Investments epitomizes a blend of tradition and innovation, steering the firm toward continued success in an ever-evolving financial landscape. As she continues to navigate challenges and opportunities, her vision and tenacity will undoubtedly shape the future of Fidelity and the broader financial services industry.