Abigail Johnson
Abigail Johnson
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Abigail Johnson

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Abigail Johnson

Abigail Pierrepont Johnson (born December 19, 1961) is an American billionaire businesswoman, heiress and chief executive of Fidelity Investments. Her family and their affiliates own approximately 40% of Fidelity Investments, which was founded by her grandfather, Edward C. Johnson II.

Since 2014, Johnson has been president and chief executive of Fidelity, and chair of its former sister company Fidelity International (FIL). In November 2016, Johnson was named chair and remained CEO and president, giving her full control of Fidelity.

Johnson's net worth is approximately $47.3 billion according to Bloomberg L.P. and $35 billion according to Forbes. She is one of the world's wealthiest women and the richest person residing in Massachusetts. She is also ranked on the "Forbes list of the World's 100 Most Powerful Women". She is a board member of Breakthrough Energy Ventures.

Johnson was born in Boston, Massachusetts on December 19, 1961. Although neither Johnson nor her younger siblings felt pressured to join the family business, as a child, Johnson was attracted to her father’s work.

Johnson attended Buckingham Browne & Nichols School, a private school in Cambridge, Massachusetts, and then graduated from William Smith College with a bachelor's degree in art history in 1984. In 1985, she began working as a consultant at Booz Allen Hamilton, where she met her husband. She completed an MBA at Harvard Business School in 1988.

Upon graduating from Harvard Business School in 1988, Johnson joined Fidelity Investments, which her grandfather Edward C. Johnson II founded in 1946 and of which her father Edward Johnson III was then the CEO. She began as an analyst and portfolio manager.

In 2001, she was promoted to president of Fidelity Asset Management. During her time in that position, Johnson unsuccessfully attempted to orchestrate a vote to remove her father as CEO over disagreements about his business decisions.

In 2005, she became Head of Retail, Workplace, and Institutional Business. She was named president in 2012. In 2014, she became CEO, and in 2016 she also became chairman.

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