| Friday, March 9, 2018 
 2018's Richest Fundsters Are ...
 
 News summary by MFWire's editors
 
 
 
     In 2018, the richest fundster in the U.S. continues to be Abby Johnson .
 
This week Forbes unveiled  the 2018 edition  of its famous list of the world's billionaires, now 2,208 people long and 32 years running. Here are the billionaire fundsters (and fundster-adjacent billionaires) who made the 2018 list:
 Abby Johnson, #83 (down from #75 on the 2017 list), president and CEO of Fidelity, $15.9 billion (up from $14.4 billion);
 Chuck Schwab, #162 (down from #156), chairman and founder of Charles Schwab, $9.4 billion (up from $8.3 billion);
 Ned Johnson (Edward Johnson, III), #196 (down from #173), former CEO of Fidelity and father of Abby Johnson, $7.9 billion (up from $7.8 billion);
 Charles Johnson, #321 (down from #250), chairman of Franklin Resources, $5.6 billion (down from $5.8 billion);
 Rupert Johnson, Jr., #422 (down from #315), vice chairman of Franklin Resources and half-brother of Charles Johnson, $4.8 billion (down from $5.1 billion);
 Ken Fisher, #606 (down from #501), executive chairman of Fisher Investments, $3.7 billion (negligible change);
 Edward Johnson, IV, #629, brother of Fidelity's Abby Johnson and son of Ned Johnson, $3.6 billion;
 Elizabeth Johnson, #629, sister of Fidelity's Abby Johnson and daughter of Ned Johnson, $3.6 billion;
 Cliff Asness, #791, co-founder of AQR, $3 billion;
 Mark Walter, #859, CEO of Guggenheim Partners, $2.8 billion (up from $2.5 billion);
 Joe Mansueto, #965 (down from #939), executive chairman of Morningstar, $2.5 billion (up from $2.2 billion);
 Ron Baron, #1,103 (down from 939), CEO of Baron Capital, $2.2 billion (negligible change);
 Bill Gross, #1,284 (down from 814), PM at Janus Henderson and co-founder of Pimco, $1.9 billion (down from $2.5 billion);
 Jeffrey Gundlach, #1,284 (up from #1,290), CEO of DoubleLine Capital, $1.9 billion (up from $1.6 billion);
 David Booth, #1,477 (down from #1,290),  executive chairman of DFA, $1.6 billion (negligible change);
 Mario Gabelli, #1,477 (down from #1,376), CEO of Gamco, $1.6 billion (up from $1.5 billion);
 Thomas Bailey, #1,867, founder of Janus, $1.2 billion (up from $1.1 billion);
 Charles Brandes, #1,867 (down from #1,678), freshly retired founder of Brandes Investment Partners, $1.2 billion (negligible change);
 Alfred West, Jr., #1,867, chairman and CEO of SEI, $1.2 billion; and 
 John Liew, #2,124, co-founder of AQR, $1 billion (negligible change).
    Edited by: 
         Neil Anderson, Managing Editor
       
       
       
    
		
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