Abigail Johnson Net Worth $16.5 billion
Abigail Johnson salary $50,000,000
Abigail Johnson Net Worth: How rich is Abigail Johnson? & How much money is Abigail Johnson worth? Time to find out!
Abigail Johnson is an American businesswoman and her current net worth is $16.5 billion.
Born in Boston, MA, her father, Edward C. Johnson III, remains chairman emeritus of Fidelity Investments.
Her grandfather founded Fidelity Management and Research.
She graduated with a bachelor of arts degree in art history from Hobart and William Smith in 1984. Then she went on to getting an MBA at Harvard Business School and joined the family company.
How does Abigail Johnson make money?
Abigail held many roles in the firm, from an analyst to an executive role in Fidelity Management and Research. She moved up in the company, taking various positions and getting promoted.
From working in customer service in the 80s to reaching President of Fidelity’s Employer Services Company in 2005. She moved up the ranks, earning each position.
After her father gave up a large chunk of voting shares in 1995, leaving her as the largest shareholder. The media saw this as a symbol of her father’s trust in her, grooming Abigail as his placeholder.
Meanwhile, she married Christopher J. McKown, a health-care information company co-founder and president, and the two of them have two children.
Consequently, in 2012 she earned the title of president of the company. Two years later, Fidelity Investments named her chief executive.
As of 2013, her family owns 49% of the company.
How did Abigail Johnson get famous?
In addition, Abigail holds positions on numerous boards, including the first and only woman on the board of the Financial Services Forum.
Forbes ranked her the 16th most powerful woman in the world in 2016, but in 2015 and 2014 she had number 19, and 34 respectively.
Fidelity named her chairman, CEO and president in 2016, giving her full control of 45.000 employees worldwide.