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
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

 Do You Recommend This Story?

Return to Top
 News Archives
2021: Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
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:
Add to My Yahoo!
follow us in feedly

  1. IDC Foundations for Fund Directors, Mar 1-2
  2. MFDF webinar - Board Oversight of ETFs, March 3
  3. FinReg Outlook 2021, March 10
  4. MFDF Director Discussion Series - Open Forum via Zoom (Midwest), March 10
  5. Irish Funds North American Digital Seminar, March 11
  6. MFDF webinar - Municipal and Taxable Fixed Income — A Multi-Speed Recovery, March 12
  7. 2021 Virtual Mutual Funds and Investment Management Conference, Mar 15-19
  8. SEC & DOL Standard of Conduct Rulemakings — Present & Future Considerations, March 23
  9. MFDF Director Discussion Series - Open Forum via Zoom, March 24
  10. ETFGI Global ETFs Insights Summit - ESG & Active ETF Trends, Mar 24-25
  11. MFDF webinar - Asset Management M&A for Fund Directors — Recent Trends and Governance Issues, March 31
  12. MFDF Director Discussion Series - Open Forum via Zoom, April 7
  13. MFDF In Focus: Board Oversight of Sub-advisers, April 15
  14. ETF.com Awards 2020, April 20
  15. The 31st Sub-Advised Funds Forum, Apr 20-21
  16. MFDF Director Discussion Series - Open Forum via Zoom (Northeast), April 21
  17. FIASI virtual event - ESG in Fixed Income: Shining a Light on Transparency, Apr 22-23
  18. 44th Annual AIMSE Marketing & Sales Conference, May 2-4
  19. MFDF Director Discussion Series - Open Forum via Zoom (Southeast), May 5
  20. ICI 2021 General Membership Meeting - Day 1, May 6
  21. ICI 2021 General Membership Meeting - Day 2, May 13
  22. 2021 FINRA Annual Conference, May 18-20
  23. MFDF Director Discussion Series - Open Forum via Zoom, May 19
  24. 2nd annual ETFGI Global ETFs Insights Summit - USA, May 19-20
  25. Irish Funds Online Annual Global Funds Conference 2021, May 19-20
  26. MFDF webinar - Fund Director Compensation: MPI Annual Survey (2021), May 20

©All rights reserved to InvestmentWires, Inc. 1997-2021
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use