MutualFundWire.com: See Which Fundsters Are the Richest Now
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Tuesday, September 17, 2013

See Which Fundsters Are the Richest Now


Some mutual fund industry insiders made it to the Forbes' 400 list.

Abigail Johnson, vice chairman and president of Fidelity [profile] Personal, Workplace and Institutional Services and Fidelity Investments, made it high up on the list, at number 23. She has $17.2 billion.

Edward Johnson III, chairman and CEO of Fidelity, was ranked number 44, with $9.3 billion.

Charles Johnson, chairman of Franklin Resources, parent of mutual fund purveyor Franklin Templeton [profile] , ranked number 74 at $5.6 billion.

Rupert Johnson, the vice chairman and director for Franklin Resources, ranked number 77 with $5.5 billion.

Wilbur Ross, the CEO and chairman of WL Ross & Co. Investment Committee, Invesco's [profile] bankruptcy advisory, corporate finance and investment banking team, was number 209, with $2.6 billion.

Kenneth Fisher, CEO and CIO of Fisher Asset Management [profile] was number 243 at $2.3 billion.

Bond fund king Bill Gross of Pimco [profile] was ranked number 252 with $2.2 billion. Joe Mansueto, founder of Morningstar made number 260 at $2.1 billion.

Fayez Sarofim, fund manager for a number of Dreyfus [profile] funds, ranks 273 and has a net worth of $2 billion.

Ron Baron of Baron Capital made the list at number 327 at $1.7 billion. Peter Peterson, co-founder of Blackstone Group, came at number 352, with $1.5 billion. Mario Gabelli, self-made fundster, made number 382 with $1.35 billion.

To compare, here is MFWire's coverage of the 2012 Forbes 400 list.


Printed from: MFWire.com/story.asp?s=46060

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