Abigail Pierrepont Johnson[3] (born December 19, 1961) is an American billionaire businesswoman. Since 2014, Johnson has been president and chief executive officer of American investment firm Fidelity Investments (FMR),[6] and chairman of its international sister company Fidelity International (FIL). Fidelity was founded by her grandfather Edward C. Johnson II. Her father Edward C. "Ned" Johnson III remains chairman emeritus of FMR. As of March 2013, the Johnson family owned a 49% stake in the company, with Johnson herself holding an estimated 24.5%.[7]
In November 2016, Johnson was named chairman and will remain CEO and president, giving her full control of Fidelity with 45,000 employees worldwide.[8] Johnson's wealth is approximately $16.6 billion,[2] making her one of the world's wealthiest women.
Fidelity Investments Inc., commonly referred to as Fidelity, earlier as Fidelity Management & Research or FMR, is a multinational financial services corporation based in Boston, Massachusetts.
It is one of the largest asset managers with $2.46 trillion in assets under management as of March 2018.[4] Fidelity Investments operates a brokerage firm, manages a large family of mutual funds, provides fund distribution and investment advice, retirement services, wealth management, securities execution and clearance, and life insurance.[5]