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Rating:The East Coast Johnsons' Fortune Expands Not Rated 2.8 Email Routing List Email & Route  Print Print
Friday, September 21, 2007

The East Coast Johnsons' Fortune Expands

Reported by Erin Kello

The Forbes List of the 400 Richest Americans was released today, and shuffled among all the hedge fund execs and technology vets are some names that will be familiar to mutual fund watchers.

The two highest spots held by fundies on the list are all in the family--the Johnson family that is. Abby bests her dad, coming in at number 17 with $15 billion in assets. Ned doesn't disappoint, though, coming in at number 28 with $10 billion in assets.

Both Johnsons are getting richer; on last year's list Abby was worth $13 billion and Ned was worth $7.5 billion.

Other fund industry notables on the list include: John Calamos of Calamos Asset Management at number 261, worth $1.9 billion; and Tom Marsico at number 317, worth $1.5 billion.

The cutoff for this year's list hit $1.3 billion, knocking some of last year's fund alums off. Tom Bailey, the notorious founder of Janus was number 322 last year, but this year he's disappeared. Also off the list is John Lovelace of American Funds, formerly number 354. 

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