Abigail Johnson net worth 2023: Abigail Pierrepont Johnson is an American billionaire businesswoman, and the granddaughter of the late Edward C. Johnson II; the founder of Fidelity Investments. Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR), and chair of its international former sister company Fidelity International (FIL).
Abigail Johnson net worth and Biography
|Net worth||$20 billion|
|Date of birth||December 19, 1961|
As of 2023, Abigail Johnson net worth is valued at $$20 billion. She is one of the richest women in the United States. Fidelity was founded by her grandfather Edward C. Johnson II. Her father, Edward C. “Ned” Johnson III, remained chair emeritus of FMR until his death in March 2022.
Johnson attended Cambridge, Massachusetts private school Buckingham Browne and Nichols and then graduated from Hobart and William Smith college with a bachelor of arts degree in art history in 1984. After working as a consultant at Booz Allen Hamilton, where she met her husband, Johnson completed an MBA at Harvard Business School.
Upon graduating from Harvard Business School in 1988, Johnson joined Fidelity Investments, which her grandfather Edward Johnson II founded in 1946 and of which her father Edward Johnson III was then the CEO. She began as an analyst and portfolio manager.
In 2001, she was promoted to President of Fidelity Asset Management. During her time in that position, Johnson unsuccessfully attempted to orchestrate a vote to remove her father as CEO over disagreements about his business decisions. In 2005, she became Head of Retail, Workplace, and Institutional Business. She was named president in 2012. In 2014, she became CEO, and in 2016 she became chairman as well.
Johnson has served as a member of the Committee on Capital Markets Regulation and as a member of the board of directors of the Securities Industry and Financial Markets Association (SIFMA) and of MIT. She is the first and only woman to serve on the board of the Financial Services Forum.
Abigail Johnson net worth
As of 2023, Abigail Johnson net worth is valued at $$20 billion.