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Massachusetts – Abigail Johnson – $13.4 Billion
Abigail Johnson replaced her father, Edward “Ned” Johnson III, as CEO of Fidelity in October 2014, becoming the third-generation Johnson to lead the asset manager, as her grandfather Edward Johnson II founded the company in 1946. Today, Fidelity is the nation’s second-largest mutual fund company with nearly $2 trillion in assets under management. She started at the family firm before even beginning college. In the summer before her freshman year at Hobart and William Smith, she was a gopher, taking orders from customers by phone. After college, Abigail spent a year as a consultant at Booze Allen Hamilton. She got an MBA at Harvard, then started full time as an analyst. Johnson owns an estimated 24% stake in the company.
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