Abigail Johnson Fidelity Investments Bio Wiki Age House Salary and Net Worth
Abigail Johnson ( Full Name: Abigail Pierrepont Johnson) is a popular American billionaire businesswoman who works as Chairman and CEO at Fidelity Investments. She is also noted as the granddaughter of the late Edward C. Johnson II, the creator of Fidelity Investments. Since 2014, Abigail has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR) and chair of its previous sister company Fidelity International (FIL).
Fidelity was created by Abigail’s grandfather Edward C. Johnson II. Abigail’s father, Edward C. “Ned” Johnson III, remained chair emeritus of FMR until his demise in March 2022. As of March 2013, her family possessed a 49% stake in the privately held company, with Abigail herself holding an estimated 24.5%. Abigail is a board member of Breakthrough Energy Ventures.
In November 2016, Abigail was named chair and remained CEO and president, giving her full control of Fidelity with 45,000 employees worldwide. Her wealth is approximately $22.7 billion, making her one of the globe’s richest women. Abigail was named on Forbes’ “The Richest Person In America’s 50 Largest Cities” list in 2016 and positioned sixth in 2021 on their “Powerful Women” list. She was the wealthiest person in Massachusetts in 2020.
Abigail was born onDecember 19, 1961, in Boston, Massachusetts, in theUnited States. She is62 years old.Abigail celebrates her birthday on December 19, every year.
She is a woman of average stature. Abigail stands at a height of5ft 5 in( Approx. 1.65m ).
She was born in Boston, Massachusetts the daughter ofEdward Johnson IIIandElizabeth B. “Lillie” Johnson.Abigail has two siblingsElizabeth L. JohnsonandEdward Johnson IVwho works as president of family-owned Pembroke Real Estate. Abigail’s mother Elizabeth B. “Lillie” worked as a trustee of the Museum of Fine Arts and Winterthur Museum. Her father Edward owned and ran Fidelity Investments and Fidelity International until his death in March 2022. Abigail’s grandfatherEdward C. Johnson IIwas a businessman and lawyer who founded Fidelity Investments and died in Cataumet, Massachusetts of Alzheimer’s disease in 1984.
Abigail is married to her husbandChristopher McKownwho worked as president of Force Financial Services, an insurance marketing company in Cambridge. The two met at Booz Allen Hamilton where Abigail served as a consultant and married in 1988. Abigail and her husband Christopher McKown have two children namedJuliaandEliza.
She studied at Cambridge, Massachusetts private school Buckingham Browne & Nichols School and later graduated from Hobart and William Smith College earning a bachelor’s degree in art history in 1984. She also completed an MBA at Harvard Business School.
Abigail resides in her House in Nantucket, Massachusetts (MA). She bought the home in 2002 for ~ $9.7 million from the late business magnate Wayne Huizenga.
Following graduating from Harvard Business School in 1988, Abigail joined Fidelity Investments, which her grandfather Edward Johnson II created in 1946 and of which her dad Edward Johnson III was then the CEO. Abigail started as an analyst and portfolio manager. In 2001, Abigail was promoted to president of Fidelity Asset Management.
During her tenure in that position, she unsuccessfully attempted to orchestrate a vote to remove her dad as CEO over disagreements about his business decisions. In 2005, Abigail became Head of Retail, Workplace, and Institutional Business. She was appointed president in 2012. In 2014, Abigail became CEO, and in 2016 she became chairman as well. In 2018, she introduced cryptocurrency investment at Fidelity, making it possible for institutional investors to trade Bitcoin and Ethereum.
She is a billionaire businesswoman who is the granddaughter of the late Edward C. Johnson II, the founder of Fidelity Investments where Abigail now works as Chairman and CEO. Her wealth is approximately $22.6 billion, making her one of the world’s richest women. Abigail became named on Forbes’ “The Richest Person In America’s 50 Largest Cities” list in 2016 and positioned sixth in 2021 on their “Powerful Women” list.
As per her LinkedIn Abigail works as the head of Fidelity Investments, where she focuses on ensuring they deliver the best experience possible by meeting their diverse customers at who they are – people with unique goals and needs.
She earns a satisfying amount from her work as a billionaire businesswoman who works as Chairman and CEO at Fidelity Investments. Abigail’s base salary is$599,000 annually.
Abigail gets her wealth from her work as a billionaire businesswoman who works as Chairman and CEO at Fidelity Investments. Therefore, Abigail has accumulated a decent fortune over the years. Abigail’s net worth is$21.7 billion.
Abigail is a 62-year-old who was born onDecember 19, 1961, in Boston, Massachusetts, in the United States. Abigail celebrates her birthday on December 19, every year.
Abigail is a woman of average stature who stands at a height of5ft 5 in( Approx. 1.65m ).
She is an American billionaire businesswoman who has worked as CEO of Fidelity Investments since 2014 when Abigail took over for her father and has been chairman since 2016. Abigail owns an estimated 24.5% stake in the firm, which has $3.7 trillion in managed assets. She has embraced cryptocurrencies and, in 2018, Fidelity launched a platform that enables institutional investors to trade bitcoin and ether. Abigail served summers at Fidelity through college and joined full-time as an analyst in 1988 following receiving a Harvard M.B.A.
