Edward Johnson, IV. Net Worth

Edward Johnson IV was born on June 29, 1930 in Boston, Massachusetts, United States. He is the grandson of Edward Johnson II, the founder of Fidelity Investments, and the brother of current Fidelity CEO and Chairman Abigail Johnson. He is the president of Pembroke Real Estate, which is owned by FMR, Fidelity's parent company, and holds a 5.56% stake in FMR. He holds a BS from Northeastern University.
Edward Johnson, IV. is a member of Finance and Investments

Age, Biography and Wiki

Birth Day June 29, 1930
Birth Place Boston, Massachusetts, United States
Birth Sign Cancer
Residence Boston, Massachusetts, U.S.
Education Milton Academy and Tabor Academy
Alma mater Harvard College
Occupation Chairman Emeritus, Fidelity Investments
Children Abigail Johnson, Elizabeth L. Johnson, Edward Johnson IV
Parent(s) Edward C. Johnson II

💰 Net worth: $6.8 Billion (2024)

Edward Johnson, IV. is a prominent figure in the finance and investments industry in the United States. As of 2024, his net worth is estimated to be an astounding $6.8 billion, making him one of the wealthiest individuals in the country. Johnson has managed to amass such wealth through his successful ventures and astute investment decisions. His expertise and knowledge in the financial sector have allowed him to build a thriving empire, solidifying his position as a respected and influential figure. Moreover, his accomplishments serve as an inspiration to aspiring finance professionals.

Some Edward Johnson, IV. images



With an estimated current net worth of around $9.3 billion, he is ranked by Forbes as the 43rd richest person in America.


Johnson attended prep school at Milton Academy before transferring to Tabor Academy and graduating with a Bachelor's degree from Harvard College in 1954. After a stint in the US Army, he became a research analyst at Fidelity Investments in 1957, a company founded by his Father Edward C. Johnson II in 1949. He later became the portfolio manager for the Fidelity Trend Fund in 1960 and ran the famous Fidelity Magellan Fund from 1963 to 1977. He then became President of the company in 1972 and Chairman and CEO in 1977.


In 1965, the US–based Fidelity Foundation was founded by Edward C. Johnson III and his Father. The Edward C. Johnson Fund, a $334 million charitable fund, contributes to institutions in the Boston area and beyond.


His daughter Abigail has taken over the role of CEO of Fidelity Investments and Chairman of Fidelity International in 2014. As of 2012, Abigail owned up to 24% of the shares in Fidelity, had a net worth of $10.3 billion and was ranked 29th on the Forbes 400 rich list.


In a November 21, 2016 memo to Fidelity employees, Johnson announced he would retire in December and turn over the Chairmanship to his daughter Abigail. Although he will no longer be a member of the Board of Directors at Fidelity, Johnson plans to “maintain office hours . . . and continue to consult periodically with Abby.”