About Edward Johnson III
After a stint in the Army, Edward "Ned" Johnson III became an analyst at money manager Fidelity, which his dad founded in 1946.
Ned led Fidelity as CEO for 37 years; his daughter Abigail replaced him in 2014.
He ran the famed Magellan Fund before promoting buy-what-you-know manager Peter Lynch to run it in 1977.
Fidelity is the second-largest mutual fund manager in the U.S. after Vanguard, with $4.2 trillion in managed assets.
He's an avid art collector and his Brookfield Arts Foundation has some 600 paintings, antiques and historical artifacts on loan to various museums.
Personal stats
Citizenship
United States of AmericaSource of wealth
money managementBirth date
06/29/30Number of children
3Education
Bachelor of Arts/Science, Harvard UniversitySelf-made
inherited and growingEdward Johnson III’s fortune is worth
168K
troy ounces of gold
155K
median U.S. household
101K
median U.S. income
0.201%
U.S. credit card volume
0.04%
GDP of the United States
0.03%
United States debt
Net worth history
Annual ranking
Did you know?
Brookfield Arts Foundation disassembled, relocated and restored a 200-year-old home from a rural town in China to Salem, MA.
Net worth over time
Real-time ranking
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