Abigail Johnson Net Worth

Table: Abigail Johnson’s Profile

Net Worth	Salary	Birthdate	Birthplace	Gender	Height	Profession	Nationality
$28 billion	N/A	December 21, 1961	Boston, Massachusetts	Female	N/A	Businesswoman	American

What Is Abigail Johnson’s Net Worth?

Abigail Johnson is an American businesswoman with a net worth of $28 billion. She achieved this impressive wealth through her leadership position as the Chairman, CEO, and President of Fidelity Investments, a company founded by her father. Fidelity Investments is currently the second-largest mutual fund company in the United States, managing nearly $2 trillion in assets.

As one of the wealthiest women in the United States, Abigail Johnson owns approximately a 24% stake in Fidelity, which contributes significantly to her net worth. In fact, in 2020, she was recognized as the richest person in the state of Massachusetts.

Highlights

– Abigail Johnson has a net worth of $28 billion.

– She is the Chairman, CEO, and President of Fidelity Investments.

– Fidelity Investments manages nearly $2 trillion in assets.

– Abigail Johnson owns approximately a 24% stake in Fidelity.

Early Life

Abigail Pierrepont Johnson was born on December 21, 1961, in Boston, Massachusetts. She grew up alongside her two siblings, Edward C. Johnson IV and Elizabeth Johnson. Abigail attended private school at Buckingham Browne in Cambridge, MA and later graduated from Hobart and William Smith College in 1984, earning a bachelor of arts degree in art history.

After college, she briefly worked as a consultant at Booz Allen Hamilton before pursuing higher education. Abigail went on to obtain a Master of Business Administration degree from Harvard University.

Career

Abigail Johnson joined Fidelity Investments in 1988 as an analyst and portfolio manager. Her grandfather, Edward C. Johnson II, founded the company in 1946, and her father, Edward C. “Ned” Johnson III, served as the Chief Executive Officer at the time. In 1997, Abigail was promoted to an executive role in Fidelity Management Research.

In 2005, she further advanced her career within Fidelity Investments and became the Head of Retail, Workplace, and Institutional Business. Abigail’s exceptional leadership skills led to her promotion as the President of Fidelity Investments in 2012. Later in 2016, she assumed the position of Chairman, gaining full control of Fidelity and its 45,000 employees worldwide.

In addition to her role at Fidelity, Abigail Johnson made significant strides in the investment industry by introducing cryptocurrency investment options to Fidelity in 2018. This allowed investors to trade both ethereum and bitcoin.

Personal Life

Abigail Johnson married Christopher J. McKown, the chief executive of Iora Health, Inc., in 1988. They have two children together. In her free time, she enjoys skiing.

Net Worth Over Time

Abigail Johnson’s net worth has experienced remarkable growth throughout her career. As the Chairman, CEO, and President of Fidelity Investments, her leadership has contributed to the steady expansion of the company’s assets, resulting in an increase in her personal net worth. Her approximate 24% stake in Fidelity remains a significant factor in her wealth accumulation.

Components of Net Worth

Abigail Johnson’s net worth mainly derives from her ownership stake in Fidelity Investments. However, it is important to note that net worth calculations may consider other assets, investments, and business ventures she may be involved in.

Your friends have asked us these questions - Check out the answers!