Quantcast
The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Abby Johnson Is the Richest Massachusettsan ... Or Is She? Not Rated 5.0 Email Routing List Email & Route  Print Print
Monday, June 13, 2016

Abby Johnson Is the Richest Massachusettsan ... Or Is She?

News summary by MFWire's editors

Abby Johnson, the CEO of Fidelity [profile], is the richest person in Massachusetts ... depending on who you count as "in Massachusetts."

Abigail Johnson
Fidelity
President, Chief Executive Officer
For two years running, Forbes has named Johnson "the wealthiest person in Massachusetts" on the Forbes "The Richest Person In Every State" list, and that list was just created last year. Yet now Massinvestor's brand new affluenceIQ list, highlighted by the Boston Globe, of the "50 richest people in Massachusetts" says that Johnson is only #2 in the Bay State.

The discrepancy comes down to one person who's even richer than Johnson: casino tycoon Sheldon Adelson. While Forbes counts Adelson as being in Nevada, affluenceIQ counts him as being in Massachusetts, as he "maintains a $5M residence in Newton." Adelson's net worth ($26.4 billion by affluenceIQ's estimate, $26.1 billion by Forbes') makes him the richest person in either Massachusetts or Nevada, it seems.

As a side note, the lists offer slightly different net worth estimates for Johnson, too; Forbes estimates $14.7 billion, while affluenceIQ estimates $15.2 billion.

And Abby Johnson is not the only member of her family on affluenceIQ's list of the 50 richest people in Massachusetts. Abby's father, Fidelity chairman Ned Johnson, is #3 with $8.5 billion. Abby's brother, Pembroke Real Estate president Edward C. Johnson IV, is #9 with $2.5 billion. And Abby's sister, Elizabeth Johnson, is #10 with $2.5 billion. 

Edited by: Neil Anderson, Managing Editor


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE

5.0
 Do You Recommend This Story?



GO TO: MFWire
Return to Top
 News Archives
2018: Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Raw XML
Add to My Yahoo!
follow us in feedly




©All rights reserved to InvestmentWires, Inc. 1997-2018
40 Wall Street | 28th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use