Last Updated on April 7, 2023 by George
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Due to her family’s business, Fidelity Investments, Abigail Johnson has a connection to investing and finance in her Genetics. Johnson assumed control over the privately held corporation in 2016 after being named the company’s chairman, president, and CEO. She has access to the company’s $4.2 trillion in assets because of her 24.5% ownership.
Johnson is among the wealthiest women in America, ranking #27 on the Forbes 400 2021 index and #85 on Forbes’ list of the world’s billionaires in 2021. Seeing a woman in charge of one of the biggest financial services companies in the world is encouraging. As demonstrated in 2018, when she allowed consumers to invest in Bitcoin and Ethereum, her insight has helped her and Fidelity succeed.
How much of a value is Abigail Johnson? Rumors have abounded as she held a senior position at Fidelity Investments, but the most accurate way to determine Johnson’s net worth is through estimations.
Although these data should only be used as rough estimates and not actual numbers, they were compiled from all publicly available evaluations and are likely to provide a rough range.
Abigail Johnson’s estimated net worth as of November 2021 will be more than $25.1 billion. This amount, which Forbes refers to as her “real-time net worth,” likely accurately reflects both her ownership stake in Fidelity Investments of 24.5% and the market value of the business.
Johnson has undoubtedly played a significant role in the company’s expansion and achievement since she started working there in 1988.
Abigail Johnson owns further investments. She holds a substantial stock portfolio in financial institutions and banking giants like JPMorgan Chase & Co., Wells Fargo & Co., Bank of America Corp., and Citigroup Inc., as well as multimillion-dollar real estate holdings.
With these investments, Johnson’s net worth is significantly more significant than the amount Forbes gave.
Abigail Johnson Biography
Abigail Johnson, born on December 19, 1961, graduated with a Bachelor of Arts in art history from William Smith College in 1984 and then went on to get an MBA at Harvard Management School. She began working for the family business that her grandfather Edward Johnson II had established 42 years earlier, in 1988.
By 2016, Johnson had risen through the ranks of the organization to become chairman, president, and CEO of Fidelity Investments.
Johnson was ranked #9 on Forbes’ list of “Power Women” in 2020, and she was dubbed “The Richest Person in America’s 50 Biggest Cities 2016” by the publication.
How Did Abigail Johnson Build Her Wealth?
According to reports, Abigail Johnson’s family owns 49% of Fidelity Investments, while she reportedly possesses 24.5% of the corporation. Johnson’s wealth has accumulated in large part due to the success of this enterprise. According to Bloomberg, Fidelity Investments oversees assets worth nearly $3.8 trillion.
Johnson’s position as Fidelity Investments’ chairman, president, and CEO has also earned her a sizeable salary. She made a $20 million salary and a $14 million bonus in 2016, and she was also given $18 million worth of stock options the same year.
Johnson is a prominent participant in the American financial community, in addition to her direct contributions to the business. In 2016, Forbes listed her as one of “America’s Most Powerful Women.”
She serves on the board of the Securities Industry and Financial Markets Association. Moreover, Johnson has three times been named one of Fortune Magazine’s “50 Most Powerful Women in Business,” the most recent time being in 2015. Also, in 2005, she received Ernst & Young’s “Entrepreneur of the Year” award for New England.
Johnson is a fervent supporter of financial empowerment for women and financial education.
How is Abigail Johnson’s Net Worth Calculated?
Abigail Johnson’s net worth is calculated by subtracting her liabilities from her assets. She has a 24.5% ownership stake in Fidelity Investments, one of the world’s most prominent retirement fund managers, which oversees annual sales of trillions of dollars. Johnson is considered worth $25.1 billion, but it should be emphasized that this figure may not accurately reflect her wealth.
Johnson has received significant acclaim for her efforts in the financial sector, including five times being named one of Forbes’ “Most Powerful Women” and Fortune magazine’s
Johnson is the head of Pyramis Global Advisors LLC, a global asset management company, in addition to Fidelity Investments. She is regarded as a prominent person in the financial industry and actively contributed to the success of both businesses.
Johnson has also authored several books on investing and personal finance, including The Money Code: Unlocking Your Financial Destiny, published most recently. She wants to use her work to give readers financial awareness so they may make informed decisions.
Who Else Invests Like Abigail Johnson?
Many investors, like Abigail Johnson, have unique investing philosophies. You can check out these tools to better look at investor profiles.
- Daymond Garfield John
- Barbara Corcoran
- Katrina Lake
- Lori Greiner
- Kevin O’Leary
- Kendra Scott
- Jim Cramer
Want to Invest Like Abigail Johnson?
It might not be feasible for the typical investor to reach Abigail Johnson’s level of wealth. Nonetheless, using aggressive investing techniques ethically can aid in wealth accumulation.
An intelligent method to safeguard investments against market volatility is diversifying portfolios with alternative assets, such as precious metals and cryptocurrencies, which are not associated with the stock market. Further information on this topic can be found in our assessments of precious metals IRA providers and bitcoin IRA providers.
Pros & Cons
- She has significantly aided in the financial prosperity of her family, making her one of the most prosperous businesswomen currently alive.
- She has one of the highest net worths in the world and has used her riches to grow her company empire and investment holdings.
- She has proven an exceptional capacity for long-term value creation for herself and others through investments in financial technology, real estate, healthcare, and more.
- She has come under fire for her fortune as some have questioned whether it was amassed legitimately or the result of exploitation.
- Some people could feel inferior or resentful of her degree of achievement due to her success.
- Because of her immense riches, there can be a mismatch between what she can accomplish with it and the general lack of access that other people experience.
Final Thought- Abigail Johnson Net Worth
Abigail Johnson is a wealthy entrepreneur who has amassed a sizable fortune throughout her career. Abigail Johnson, whose estimated net worth is $17 billion, ranks among the world’s wealthiest persons and motivates budding business owners. Her diligence, wit, and devotion to her profession are to be credited for her achievement, and it convincingly illustrates what may be accomplished with perseverance and hard work.