Abigail Pierrepont (Abby) Johnson is an American businesswoman who has a net worth of $13.3 billion dollars. ohnson is Chairman of Fidelity Worldwide Investment, Vice Chairman of Fidelity Management and Research LLC (FMR) and President of Fidelity Investments Personal and Workplace Investing. The Johnson family owns a 49% stake in the company. Her wealth of approximately $17 billion makes her one of the world's richest women. As of 2014, she was ranked as the 34th most powerful woman in the world according to Forbes. Johnson currently serves as a member of the Committee on Capital Markets Regulation. She is also a member of the Board of Directors of the Securities Industry and Financial Markets Association (SIFMA). In 2014, she was ranked as the 34th most powerful woman in the world by Forbes. In the previous year, she was ranked at #60.
Presently Abigail Jonson is the President of the company started by her father, Fidelity Investments, and is also on the Committee of Capital Markets Regulation. Abigail Pierrepont Johnson was born in Boston, Massachusetts in December 1961. Johnson earned a Master of Business Administration degree from Harvard University. From 1985 to 1986 she worked as a consultant at Booz Allen Hamilton. In 1988 she joined Fidelity Investments as an analyst. Her grandfather Edward C. Johnson II started Fidelity Investments and her father Edward C. Johnson III is the company's Chief Executive Officer. In 1997 Johnson got promoted to an executive in Fidelity Management Research. She was promoted to President of Fidelity Investments in 2012. She is a member of the Board of Directors for the Securities Industry and Financial Markets Association and serves as a member of the Committee on Capital Markets Regulation. She married Christopher J. McKown in 1988 and they have two children. It is expected that Abigail will replace her father as CEO at Fidelity when he retires. Fidelity Investments is the second largest mutual fund company in the United States with just under $2 trillion in assets. Abigail Johnson is the fourth richest woman in the United States and owns a 24% stake in Fidelity.