The Johnson family's most valuable asset is Fidelity Investments. The closely held mutual fund operator reported revenue of $12.8 billion and operating income of $3.3 billion in 2011.

Business Ned Johnson, who made Fidelity a fund titan, dies at 91 “We are immensely proud of his achievements and grateful for his life,” the Johnson family said in a statement.

Edward “Ned” Johnson III, who oversaw Fidelity Investments’ transformation into a financial services powerhouse and pioneered the sale of mutual funds directly to individual investors, died ...

Edward Johnson III, the man who transformed Fidelity Investments into the Wall Street and investment giant it is today, died on Wednesday at the age of 91, his family has confirmed.

Johnson, 59, has served as CEO since 2014 when she took over from her father. Fidelity, which manages $3.8 trillion in discretionary assets, makes up the majority of the family’s wealth though ...

A new report from Bloomberg found that Fidelity CEO Abigail Johnson is now worth $21.5 billion, and the Johnson family, which owns nearly half of the company, is now worth $48 billion — a $6.2 ...

Johnson owns an estimated 28.5% of the firm and is the granddaughter of Edward Johnson, II, who founded Fidelity in 1946, Forbes reported. The CEO has “embraced cryptocurrencies,” according to ...

Meet Fidelity, the largest private asset manager, controlling $4.9 trillion in assets—nearly half of which is still owned by the Johnson family, the descendants of founder Edward C. Johnson II.

The news quickly spread through Fidelity in London: Abigail Johnson, heir to the US fund giant founded by her grandfather, was tightening the screws on the family empire. Anxious employees at ...

Fidelity Investments posted record annual operating profits and revenue last year after the stock market’s rally drew more money into its funds and spurred trading activity by its customers. FMR ...

Unfold Ventures began marketing itself Monday, launching with $300 million from FMR, which counts the billionaire Johnson family as its biggest shareholder. The fund spent about a year prior to ...