Abigail Johnson Bio, Wiki, Career, Salary, and Net Worth in 2023

0
feature abby 2 feature

No list of Fidelity CEOs would be complete without mentioning the role of Abigail Johnson in reshaping America’s largest investment firm into what it is today. Abigail Johnson, the CEO of Fidelity Investments, is a visionary leader who is transforming the firm into a global powerhouse.

Recognized as one of the richest businesswomen in the world, you might be wondering about Abigail Johnson’s net worth in 2023. Her two-decade-long association with Fidelity Investments has been earning her millions of dollars annually.

If you’re keen to know about Abigail Johnson’s professional and personal life, including her family details, career timeline, salary, and net worth, this article will going to be extensively helpful. So, let’s get started!

[amazon_auto_links id=”194″]

Quick Facts About Abigail Johnson

Full Name Abigail Pierrepont Johnson
Current Position CEO of Fidelity Investments
Birth Date December 19, 1961
Birth Place Boston, Massachusetts
Education
  • William Smith College (BA)
  • Harvard University (MBA)
Husband Christopher J. McKown
Children 2
Estimated Net Worth $24.5 billion

 



Abigail Johnson’s Early Life and Education

Abigail Johnson was born on December 19, 1961, in Boston, Massachusetts. She was fascinated by her father’s business as a child. Johnson went to a private school in Cambridge, Massachusetts – Buckingham Browne & Nichols School, and then got a bachelor’s degree in art history from William Smith College in 1984.

After working as a consultant at Booz Allen Hamilton, Johnson earned an MBA degree from Harvard Business School. You might be surprised to know that Abigail is the granddaughter of the late Edward C. Johnson II, who started Fidelity Investments.

Johnson has been the president and chief executive officer (CEO) of the American investment company Fidelity Investments (FMR) since 2014, and also the chair of its former sister company Fidelity International (FIL).

Abigail Johnson’s Career Timeline and Current Position

Abigail Johnson graduated from Harvard Business School in 1988 and joined Fidelity Investments, the company that her grandfather Edward Johnson II started in 1946 and where her father Edward Johnson III was the CEO at the time.

She started as an analyst and portfolio manager. She became the president of Fidelity Asset Management in 2001. While she was in that role, Johnson tried to get a vote to oust her father as CEO because of their differences over his business choices, but she failed.

She took over as Head of Retail, Workplace, and Institutional Business in 2005. She was appointed president in 2012. She became CEO in 2014, and chairman in 2016.

In 2018, Johnson brought cryptocurrency investment to Fidelity, enabling institutional investors to buy, sell and trade Bitcoin and Ethereum.

Abigail Johnson’s Current Positions

Name Title Since
Fidelity Investments (FMR) CEO and President 2014
Fidelity International (FIL) CEO and President 2014
Committee on Capital Markets Regulation Member
Board of Directors of the Securities Industry and Financial Markets Association (SIFMA) Member
Board of the Financial Services Forum member

Abigail Johnson’s Political Involvement

Johnson supported Jeb Bush, a Republican Candidate, in the 2015 presidential primaries and gave him the maximum legal donation of $2,700.

The next year, she switched to the Democratic side and contributed around $330,000 to the campaign of Hillary Clinton and the Democratic National Committee.

Awards and Nominations Received by Abigail Johnson

Johnson has been ranked among the World’s 100 Most Powerful Women list by Forbes since 2015.

Year Rank
2022   5
2021 6
2020 9
2019 7
2018 5
2017 7
2016 16
2015 19

Abigail Johnson’s Husband and Children

Abigail Johnson is married to Christopher J. McKown. The couple exchanged marriage vows in 1988 at a private ceremony in the United States of America.

Talking about Abigail Johnson’s children, the couple has two daughters namely Julia and Eliza McKown. Apart from this detail, there’s no more personal information about Abigail’s marital status is available.

Abigail Johnson’s Salary and Other Income Sources

As the chairman and CEO of Fidelity Investments, Abigail Johnson gets an estimated salary of around $25 million annually. She also gets dividends from her stakes in Fidelity Investments.

In addition, Abigail Johnson makes money from speaking at different events and conferences. She made $400,000 from speaking fees in 2018.

Moreover, Abigail Johnson has other income streams, such as interest from her investments and earnings from her board positions in various companies.

Abigail Johnson’s Net Worth in 2023

Being one of the richest women in the World, Abigail Johnson has a net worth of approximately $24.5 billion as of 2023. She is the CEO of the second-largest investment fund in the United States, with a net worth of about $4.2 trillion. She holds around 24.5% stake in Fidelity Investments.

Abigail Johnson’s House

Johnson, with her family, lives in luxurious properties in Nantucket, MA, and a Single-clad Massachusetts estate. Both properties were designed and built by top architects to ensure modernity with all the latest amenities.

Abigail Johnson Car Collection

Johnson lives a luxurious life and her love for cars is not unknown to anyone. Her car collection includes:

  • Vintage Aston Martin
  • Audi R8 Spyder
  • Lamborghini Huracan

Abigail Johnson’s Official Social Media Handles

Abigail Johnson isn’t active on any social media platform, including Facebook, Instagram, or LinkedIn. She remains cryptic about her personal life. However, you may find several accounts related to Abigail Johnson, but they aren’t official ones. Therefore, we advise you to keep away from these fake accounts.

Popular Quotes by Abigail Johnson

“I love this stuff – bitcoin, ethereum, blockchain technology – and what the future holds.”

“Returns matter a lot. It’s our capital.” 

“Every day, you have to get up with new energy and new ideas to contribute to pushing the organization forward.”

“When everyone is running the machine, and it’s all working, there’s a tendency to look at the short term and focus on incremental opportunities and not look ahead to the really big opportunities.”

“Lots of people will give you advice… and depending upon how well they know you, the advice might be valid or not so valid.”

“You have to think that the answer – and the right answer – for you and your organization might not be something that’s been done before. And it’s up to you to discover and work with your team to form and figure out how to do it successfully.”

Astounding Facts About Abigail Johnson 

  • Abigail Johnson’s Husband Christopher John McKown is the President of an insurance marketing company.
  • The couple has two daughters – Eliza and Julia.
  • She enjoys watching the HBO Original series Silicon Valley, which is about the tech industry.

FAQs

What Is Abigail Johnson Known For?

Abigail Johnson is known for being the president, CEO, and chair of Fidelity Investments, a family-owned investment firm.

Is Abigail Johnson A Philanthropist?

Abigail Johnson’s philanthropy work includes donations to various causes in Boston, such as education, art, and history.

How Old Is Abigail Johnson?

Abigail Johnson is 61 years old, as she was born on December 19, 1961.

Who Is The CEO Of Fidelity Investments?

Abigail Johnson is the CEO of Fidelity Investments, as well as its international sister company, Fidelity International.

Who Is Abby Johnson’s Husband?

Abigail Johnson’s husband is Christopher John McKown, a healthcare entrepreneur whom she met at Booz Allen Hamilton.

How Did Abigail Johnson Make Money?

Abigail Johnson made money by working at Fidelity Investments since 1988, starting as an analyst and portfolio manager, and rising to the top position.

Leave a Reply

Your email address will not be published. Required fields are marked *