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Abigail Johnson
Chairman & CEO, Fidelity InvestmentsBirth DetailsDecember 19, 1961 | Boston, US
NationalityAmerican
LeagueBusiness Leader
EducationBachelor’s in Art History, Hobart and William Smith Colleges; MBA, Harvard University
Net Worth$15 billion (as of August 17, 2020)
Abigail Johnson's Assets:
Abigail Johnson's Journey so far ...
Before you go ...
- Fidelity Investments
- Fidelity International
Abigail Johnson's Journey so far ...
- Abigail Pierrepont Johnson started off as an intern at Fidelity Investments -- the Boston-based finance firm founded in 1946 by her grandfather Edward C. Johnson II -- in 1980
- After a brief stint at the consulting firm Booz Allen Hamilton, and a course in business studies at Harvard, she became an analyst at Fidelity in 1988
- In 1993, she was promoted and put in charge of a diversified stock fund which saw marginal growth that year
- Johnson was consistently achieving results for the company and in 1997, she was given the responsibility to help in the management of Fidelity-specialised growth funds
- In 2001, she assumed a leadership position in the company and was also appointed as the head of the growth funds
- She succeeded her father Edward C. "Ned" Johnson III and became the CEO of Fidelity Investments in October 2014
- She became the chairman of the firm in 2016
- Currently, she owns 24.5% of the company and is one of the richest women in the world
- As per recent reports, Fidelity Investments is the second-largest fund manager in the United States which manages assets worth around $3.2 trillion and has revenues of around $20.9 billion
Before you go ...
- She used to attend phone calls after school and work during summers while attending college at the company
Last Updated: 12/02/2021
Abigail Johnson News
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Johnson & Johnson agrees to $700 million settlement over talc productsJohnson & Johnson has agreed to a $700 million settlement with 42 US states and Washington, DC, over allegations of misleading consumers about the safety of its talc-based products. The company maintains that its products are safe and asbestos-free, despite facing around 61,490 lawsuits. The settlement, announced in January, addresses claims of ovarian cancer and mesothelioma linked to talc products. J&J continues to pursue various paths to resolve the litigation, including a proposed $6.48 billion settlement and a comprehensive resolution through litigation or settlement.
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