You could say that investing and finance are components of Abigail Johnson’s DNA. Her grandfather founded the family business, which happens to be Fidelity Investments – yes, the financial services powerhouse. In 2016, Johnson became chairman of the company, in addition to its president and CEO. Thus, giving her unparalleled control of the privately held company. Johnson evidently owns a 24.5% stake in Fidelity Investments, which manages approximately $4.2 trillion in assets.
Today, Abigail Johnson is considered one of the wealthiest women in America. In fact, Forbes listed her as the #85 billionaire in 2021, not to mention #27 on its Forbes 400 2021 list. The fact that a woman is at the helm of one of the largest financial services companies on Earth is wonderful to see. Her sagacity and business acumen continue to make the company an industry leader. For instance, in 2018 it was Johnson who championed making Bitcoin and Ethereum available to Fidelity customers as an available asset.
Yet, the question still remains “What is Abigail Johnson’s net worth?”. For years, there has been speculation about the actual net worth of the billionaire businesswoman. Below, we’ve provided the best approximation of the businesswoman’s net worth.
It is important to remember that the figures provided are estimates, and not necessarily conclusive. However, we sourced all of the publicly available assessments so this likely represents a probable range.
|Date of Birth||December 19, 1961|
|Title||Businesswoman, Chairman, President and CEO|
|Best Known For||Being a Billionaire Businesswoman|
|Net Worth (USD)||$25.1 billion|
What Is Abigail Johnson‘s Net Worth?
By all estimation, Abigail Johnson’s net worth is approximately $25.1 billion. In a November 2021 Forbes profile, the article cited this figure as her “real-time net worth”, thus is likely accurate. This figure represents the valuation of Fidelity Investments, in addition to the 24.5% stake in the company held by Johnson.
Abigail Johnson Biography
Abigail Johnson was born on December 19, 1961. In 1984, she received a Bachelor of Arts in art history from William Smith College. Johnson completed an MBA from Harvard Business School.
In 1988 after business school, Johnson joined the family firm that her grandfather, Edward Johnson II had founded forty-two years previously. Over the years, she flourished in her various roles, seamlessly rising through the ranks of the company. By 2016, Johnson was chairman, president, and Chief Executive Officer of Fidelity Investments.
Last year, Forbes named Johnson #9 in its “Power Women” list. She was also deemed the “The Richest Person in America’s 50 Largest Cities 2016”.
How Did Abigail Johnson Build Her Wealth?
Abigail Johnson accumulated her wealth mainly because of the astronomical success of her family-owned company, Fidelity Investments. She and the family own a 49% stake, and Johnson personally has a reported 24.5% stake in the company. According to a Bloomberg profile, Fidelity Investments manages approximately $3.8 trillion in assets.
How Is Abigail Johnson’s Net-Worth Calculated?
Essentially, Abigail Johnson’s net worth is calculated with assets subtracted by her liabilities. She has a 24.5% stake in one of the largest retirement fund managers in the world. Additionally, Fidelity Investments manages trillions of dollars with tens of billions in annual revenue.
Of course, it must be noted that the $25.1 billion USD figure is based upon estimates, and may not necessarily reflect Johnson’s precise net worth.
Who Else Invests Like Abigail Johnson?
Not all investors have the same style. To compare investors like Abigail Johnson check out these investor profiles:
- Daymond Garfield John
- Barbara Corcoran
- Katrina Lake
- Lori Greiner
- Kevin O’Leary
- Kendra Scott
- Jim Cramer
Want to Invest Like Abigail Johnson?
Having a net worth comparable to that of Abigail Johnson may not be a viable option for the average investor. Yet, you can still adopt an aggressive investing strategy to wisely build your wealth.
Diversification with alternative assets like precious metals or cryptocurrencies not correlated to the stock market is a wise trajectory. Therefore, these investment vehicles are a good way to protect your wealth against market volatility. Have a look at our reviews for Precious Metals IRA companies, and Bitcoin IRA companies to better understand what is available in this space.