Abigail Pierrepont Johnson (born December 19, 1961) is an American billionaire businesswoman and the granddaughter of Edward C. Johnson II, the founder of Fidelity Investments. Since 2014, she has served as president and chief executive officer (CEO) of Fidelity Investments (FMR) and chair of its former sister company, Fidelity International (FIL). Fidelity was founded by her grandfather, and her father, Edward C. "Ned" Johnson III, held the position of chair emeritus of FMR until his passing in March 2022.

As of March 2013, the Johnson family owned a 49% stake in the privately held company, with Abigail holding an estimated 24.5%. She is also a board member of Breakthrough Energy Ventures.

Born	December 19, 1961 (age 63) Boston, Massachusetts, US
Education	William Smith College (BA) Harvard University (MBA)
Occupations	Businesswoman
Spouse	Christopher McKown   (m. 1988)
Children	2
Title	Chairwoman, CEO, and president, Fidelity Investments Chairwoman, Fidelity International
Father	Edward Johnson III
Relatives	Edward C. Johnson II (grandfather)

In November 2016, Johnson was named chair of Fidelity, assuming full control of the company, which employs over 45,000 people worldwide. As of June 2024, her net worth is estimated at $35.6 billion, making her one of the wealthiest women globally. Johnson was named to Forbes' "The Richest Person in America's 50 Largest Cities" list in 2016 and ranked eighth in 2023 on the "World's 100 Most Powerful Women" list. She has been the richest person in Massachusetts since at least 2015.

Early Life

Abigail Pierrepont Johnson was born in Boston, Massachusetts, on December 19, 1961. She grew up with her younger siblings in an environment where they did not feel pressured to join the family business. From a young age, Johnson developed an interest in her father’s work.

She attended Buckingham Browne & Nichols School, a private school in Cambridge, Massachusetts, before going on to graduate with a bachelor's degree in art history from William Smith College in 1984. After completing her undergraduate studies, Johnson worked as a consultant at Booz Allen Hamilton, where she met her husband. She later pursued an MBA at Harvard Business School.

Fidelity Investments

After graduating from Harvard Business School in 1988, Abigail Johnson joined Fidelity Investments, the company founded by her grandfather Edward C. Johnson II in 1946, and led by her father, Edward C. Johnson III, who was the CEO at the time. Johnson began her career at Fidelity as an analyst and portfolio manager.

In 2001, she was promoted to president of Fidelity Asset Management. During her tenure in this role, Johnson attempted, though unsuccessfully, to orchestrate a vote to remove her father as CEO due to disagreements over his business decisions.

In 2005, she became Head of Retail, Workplace, and Institutional Business, and was named president of Fidelity in 2012. In 2014, she succeeded her father as CEO, and in 2016, she also became chairman, gaining full control of the company.

Under her leadership, Fidelity made significant strides, including introducing cryptocurrency investment options in 2018. This initiative enabled institutional investors to trade Bitcoin and Ether, positioning Fidelity as a major player in the evolving cryptocurrency space.

Politics

In 2015, Abigail Johnson made a political donation of $2,700, the maximum amount legally permitted for presidential primary campaigns, to Republican candidate Jeb Bush. However, in 2016, she shifted her political contributions, donating approximately $330,000 to Hillary Clinton's campaign and the Democratic National Committee.

Awards and Honors

Abigail Johnson has held several influential positions throughout her career. She served as a member of the Committee on Capital Markets Regulation and was a board member of the Securities Industry and Financial Markets Association (SIFMA). Additionally, she has served on the board of directors of the Massachusetts Institute of Technology (MIT).

Johnson is also notable for being the first and only woman to serve on the board of the Financial Services Forum, a prestigious organization comprising the CEOs of major financial services firms.

Forbes has ranked Johnson among the most powerful women in the world for several years