Abigail Johnson Net Worth

What is Abigail Johnson Net Worth?

Abigail Johnson Net Worth is US$ 21,200 Million as of January 2023.

Biography

American billionaire businesswoman Abigail Pierrepont Johnson was born on 19 December 1961. Her grandfather, the late Edward C. Johnson II, founded Fidelity Investments. Johnson joined the family business that her grandfather, Edward Johnson II, had started 42 years earlier after she graduated from business school in 1988. Since 2014, Mrs. Johnson has been chairman of Fidelity International (FIL) and CEO as well as president of Fidelity Investments (FMR), an American investment firm. She rose effortlessly through the company ranks, excelling in all her roles. By 2016, Johnson was the chairman, president, and chief executive officer of Fidelity Investments. In November 2016, Johnson took over as chair while continuing to be CEO and president of Fidelity. This gave her complete control over the company, which has approx. 45,000 employees worldwide. The current estimated net worth of Abigail Johnson is US$ 21,200 Million as of 2023.

Timeline

Early Life

On December 21, 1961, Abigail Pierrepont Johnson was born in Boston, Massachusetts. Edward C. Johnson IV and Elizabeth Johnson are her two siblings. Before earning a bachelor’s degree in art history from Hobart and William Smith College in 1984, she attended the exclusive Buckingham Browne school in Cambridge, Massachusetts. After graduating from college, she briefly worked as a consultant at Booz Allen Hamilton. After that, Johnson graduated from Harvard University with a Master of Business Administration degree.

Career

American businesswoman Abigail Johnson is a Committee on Capital Markets Regulation member. In 2001, she was promoted to President of Fidelity Asset Management. Due to disagreements regarding his business decisions, Johnson attempted to organize a vote to remove her father from his position as CEO but was unsuccessful. In 2005, she became Head of Retail, Workplace, and Institutional Business. She was elected as president in 2012. Later, in 2014, she became CEO; in 2016, she was elected as chairman. Johnson was the first to introduce cryptocurrency as its platform, enabling investors to trade ether and bitcoin. Abigail Johnson ranked 28 among ‘The World’s Richest People in 2006’. Her business acumen and foresight have enabled the company to remain a market leader. As Ms. Johnson’s Fidelity career progressed and she simultaneously raised her daughter, she overcame every obstacle and began to transform the company methodically.

Abigail Johnson Net Worth Growth

Abigail Johnson net worth grew from US$ 15.9 to US$ 21.2 in 2022 over the past 5 years.

Highlights

• Abigail Johnson is the 22nd richest person in the United States and the wealthiest in Massachusetts.
• In 2016, Abigail Johnson was listed as “The Richest Person in America’s 50 Largest Cities” by Forbes.
• In 2021, Abigail Johnson was ranked sixth on their list of “Powerful Women.”
• In 2020, Abigail Johnson was the wealthiest person in Massachusetts.
• Johnson is a member of the Board of Directors of SIFMA.

Favorite Quotes from Abigail Johnson

“I demand aggressive goal setting and a commitment to measured progress towards those goals because I don’t like surprises. I don’t even like good surprises.”

– Abigail Johnson

“Blockchain technology isn’t just a more efficient way to settle securities. It will fundamentally change market structures, and maybe even the architecture of the Internet itself.”

– Abigail Johnson

“We need to develop use cases for this technology that drive clear benefits for individuals and institutions – these are our customers. Too often we see bitcoin and blockchain technologies as solutions in search of a problem. We don’t just need these systems to be technically better than the alternatives – we need them to be more user-friendly.”

– Abigail Johnson

“Every day, you get up, and the world is changing; your customers are expecting more from you. Your competitors are putting pressure on you by doing more and trying to beat you here and beat you there.”

– Abigail Johnson

“We set up a small bitcoin and ethereum mining operation… that miraculously now is actually making a lot of money.”

– Abigail Johnson

“I like analyzing and managing large-scale transaction processing platforms, record-keeping administration, and brokerage trading services.”

– Abigail Johnson

Keys Life Lessons from Abigail Johnson

We now know everything about Abigail Johnson and her net worth. Let’s look at some of her lessons.

1. Hard work is the key to success

She is straightforward and hardworking. She says work is never done; you must do hard work to achieve some things in an organization.

2. Trust your gut feelings.

Only one person can know what he is capable of; trusting his feelings and thoughts helps achieve success. Trusting gut feelings is essential to get your work done.

3. Don’t doubt yourself

In one interview, she said she would advise her younger Self: don’t doubt your Capabilities, trust yourself and stay committed.

Frequently Asked Questions

Summary

Abigail Johnson is the president and CEO of Fidelity Investments (an American investment firm) and Fidelity International. She is one of few women to run a mutual funds mammoth. She took control of Fidelity Investments in difficult times and built it into an empire. The firm has nearly $2.7 trillion in managed assets, and she holds a 24.5% share. Her firm created a platform for investors to trade in bitcoins and ether, as she believes in cryptocurrency. Abigail is very Hardworking and dedicated to her Responsibilities. She got the opportunity very young, but her business investment decisions and risk-taking behavior resulted in the company’s success. She inspires all young girls to make a career in finance. The current estimated net worth of Abigail Johnson is US$ 21,200 Million as of January 2023.