Abigail Johnson Mobile Number, Phone Number, Email ID, House Residence Address, Contact Number Information, Biography, Whatsapp, and More possible original information are provided by us here.
The American investment business Fidelity Investments and its worldwide sister concern, Fidelity Worldwide, are led by Abigail Johnson, President and Chief Executive Officer of both organizations. Her grandfather, Edward C. Johnson II, established the mutual fund management business that bears his name in 1946 and located it in Boston. She is one of the few women in the World who now oversee the operations of a massive mutual fund company. She assumed control of Fidelity Investments during difficult economic times and turned the company into an empire.
She is thought to own a 24.5% interest in the company, which now manages assets worth nearly $2.7 trillion. Her company has established a platform enabling investors to trade in ether and bitcoins, reflecting her belief that digital currencies will prevail in the long run. She is a well-respected figure at the Boston headquarters of the firm, where her coworkers refer to her simply as “Abby.” She is low-key and avoids the spotlight, so you won’t find her giving interviews to magazines, radio stations, or television networks.
In 1980, not long after she graduated from high school, Abigail started working in the customer relationship department of Fidelity Investments, where she was responsible for answering phone calls. After earning her degree in business administration from Harvard Business School in 1988, she returned to work for Fidelity, this time in the Select Industrial Equipment Fund section as a stock analyst.
After a few years, she was promoted to the Portfolio manager position at Fidelity, where she almost quickly made a name for herself by producing excellent outcomes for an extensive customer base. By 1994, she had risen to become an Associate Director.
After another year had passed, her father sold a significant portion of his voting rights in Fidelity Investments and handed them over to the parent firm, FMR. According to the opinions of those knowledgeable in the subject, this was evidence of his faith in his daughter to follow him as chairman of the company in the future. In May 2001, Abigail Johnson was promoted to President of the mutual fund division at Fidelity. In doing so, she became the third most influential figure in the $1.4 trillion firm, behind only her father and Robert L. Reynolds, the organization’s CEO.
Even though it managed $900 billion and $100 billion worth of domestic and abroad mutual funds, respectively, at the time, Fidelity was confronted with two obstacles. Both the adverse market, which had caused many stock values to plummet, and their rival, the Vanguard Group, which had gained footing in the financial industry, posed challenges. One of the concerns was the bearish market, which had caused many stock prices to plummet.
She modified the company’s approach of tiny and incremental growths, which now included occasional mergers and acquisitions to resolve the issue. She advocated aggressive buying and selling in the open market while serving as President of Fidelity, and she did it without referring to any market indexes. Her instructions to the managers of her portfolios were straightforward: increase your activity level in acquisition tactics. In May 2005, she was promoted to President of Fidelity’s real estate business.
As President and Chief Executive Officer of Fidelity Investments, Abigail Johnson is one of the few women in the World who effectively manages a trillion-dollar mutual fund empire. Because of her professional accomplishments and the fortune she received from her family, she was the fourth wealthiest entrepreneur in the United States in 2017. As of October 2019, her net worth is projected to be somewhere in the neighborhood of $14 billion per Forbes.
The Financial Services Forum is a non-partisan American group that focuses on financial services and economic policy, and she is the first woman to ever serve on the organization’s board of directors. Members of the Financial Services Forum include the chief executive officers of some of the most extensive and varied financial services firms in the United States. Forbes magazine’s list of the World’s most influential women in 2018 placed her at number five, and she was one of those women. According to the 2019 edition of Forbes’s Billionaires list, she ranks 71.
The Massachusetts Institute of Technology (MIT) was served with a lawsuit on the 5th of August, 2019, alleging that the institution had entered into a quid pro quo arrangement with Fidelity Investments. The complaint was submitted to the federal court in the state of Massachusetts. Fidelity Investments was selected as the recordkeeper for MIT’s 401(k) plans in 2015 at 300 percent more than the standard rate in the industry.
According to the people who filed the petition, it was understood that Fidelity would make a large payment to the university in exchange. In addition to that, they wanted to have Abigail Johnson testify in court. On September 12, 2019, MIT and the parties displeased with the previous outcome negotiated a settlement. On December 19, 1961, in Boston, Massachusetts, United States of America, Abigail Pierrepont Johnson was born to her parents, Edward Johnson III and Elizabeth Johnson, who were married then.
She and her father jointly own Fidelity Investments and Fidelity International under the business names Fidelity Investments and Fidelity International. In 1988, she tied the knot with Christopher John McKown, and the pair have since been blessed with two kids. Iora Health, LLC is a service provider in the healthcare information industry, and her spouse serves as both the Chief Executive Officer and a co-founder of the company. She likes skiing as a kind of entertainment, and she considers the HBO original series ‘Silicon Valley her favorite television program.
When Abigail Johnson, the chair and CEO of Fidelity Investments, was recently asked to provide advice to people who are in the beginning phases of their careers, she stressed the underlying principles that she and her business have cherished for decades, “Don’t question yourself. Keep at it. Stay looking forward. She encouraged him to “stay committed” and “stay true to himself.”
Since 2014, Johnson has served as the Chief Executive Officer of Fidelity and has held the chair since 2016. The Boston-based company claimed a 15% gain in revenue in 2021, an improvement above its 13% climb for the previous year) as the number of retail-investing accounts scaled up to 32.4 million. A torrent of new retail investors entered the market with the assistance of government stimulus money provided during the ongoing pandemic lockdowns, which contributed to the gains seen in the market.
Fidelity’s multiyear attempt to capture a younger investing demographic also contributed to the firm’s strong earnings: 2.3 million new individual investors aged 18 to 35 have joined the roster of Fidelity customers over the previous few quarters. This growth in Fidelity’s clientele is a direct result of Fidelity’s multiyear endeavor to capture a younger investment population. People under 30 in the United States have shown the most interest in investing in digital assets, making up about one-fourth of families in the country. Approximately 39% of members of Gen Z and 38% of millennials currently engage with digital assets regularly, mostly on their mobile devices.
Regarding catering to this increasingly crucial group, Johnson’s firm has managed to stay one step ahead of the competition. Abigail Johnson, the founder’s granddaughter, now serves as the chief executive officer and chairperson of Fidelity Investments. Fidelity Investments was established in 1946. Since Edward C. Johnson III established Fidelity Investments in Boston, Massachusetts, in 1869, members of the Johnson family have served as the company’s top executives.
The family continues to maintain a part in the corporation, which now handles mutual funds, 401(k)s, IRAs, and other investments for 41 million clients. According to The Balance, Fidelity is the fourth-largest investment management firm in the World thanks to the combined sum of $4.23 trillion in assets that it manages for its clients. One Boston family was responsible for getting the business off the ground during the Great Depression. This family remains at the core of the organization.
Edward C. Johnson II, a graduate of Harvard University, started working in stock market research in 1924. In 1930, he was granted permission to operate his fund as an investment trust, and he called it the Fidelity Fund. In 1946, he laid the groundwork for Fidelity Management and Research and was the company’s chairman. After serving in the United States Army for a while, the son of the company’s founder, Edward Johnson III, joined the family firm in 1957.
He is better known by his nickname, Ned, and in 1977 he assumed the roles of chairman and chief executive officer. The business began providing 401(k) retirement plans to its employees in 1982, and it was able to maintain its dominant position on Wall Street throughout the Reagan administration, in large part due to the performance of its Magellan Fund. The children of Ned spent their whole childhood involved in the family business, and they grew up with the awareness that they would one day run it. Abigail, his oldest child, started working with Fidelity in 1988.
In 2001, she even attempted to remove her father from his position as chief executive officer by calling a private meeting of the company’s investors. The quick action garnered the admiration and respect of her father, even though it was unsuccessful. In 2014, he stepped down from his role as chief executive officer, and two years later, he passed these responsibilities on to his daughter. Forbes estimates that Abigail’s activities at Fidelity have contributed about $21.6 billion in net worth, making her one of the wealthiest women in the World.
Because she has remained in her birthplace of Boston throughout her life, she is now the wealthiest person in Massachusetts, also the location of Fidelity’s current headquarters. Even though American Banker ranked Abigail as the second most influential woman in banking, she has chosen to keep a low profile in the industry. The millionaire is not as well known in her hometown as she should be; she has quipped that she doesn’t dine out frequently because she “can’t get a table” at restaurants. She travels on commercial airlines and gives her time at a shelter for people in need in Boston.
Meanwhile, in 2022, Fidelity made history by being the first principal 401(k) provider to provide participants with Bitcoin investing as an option. The Johnson family continues to have a controlling interest in the business, as shown by their ownership of 49 percent of the company’s shares. The company’s current and past staff members hold 51% of the claims. Today, Abigail Johnson officially replaced her father, Edward “Ned” Johnson III, in his role as chief executive officer of Fidelity Investments. This development was familiar to most people.
Johnson, now the CEO of the nation’s second-largest mutual fund business and continues to be one of the few women in the top echelons of industry leadership, was recently placed at number 34 on the list of the World’s 100 Most Powerful Women by Forbes. Her estimated fortune is $13.3 billion, which puts her in the 36th spot on the Forbes 400 list of the wealthiest Americans and sixth spot on the list of the richest women. Fidelity was a very modest participant when Ned Johnson took over as CEO, but now it is a privately held juggernaut in the mutual fund industry.
He was an early proponent of providing investors with access to various funds that could be tailored to satisfy almost any need. One indication of his level of achievement is the well-thought-out succession plan he developed to succeed him. Influential business leaders often make embarrassing mistakes when making a seamless transfer into the hands of skilled individuals; in this particular instance, the more experienced Johnson sidestepped an all-too-common gaffe.
Abigail Johnson Phone Number, Email Address, Contact No Information and More Details
Abigail Johnson Addresses:
Abigail Johnson, Boston, Massachusetts, United States
Fanmail Address / Autograph Request Address:
Sandra Reynolds Agency
23 Westwick Street
Norfolk, NR2 4TT
Abigail Johnson Contact Phone Number and Contact Details info
- Abigail Johnson Phone Number: (215) 463-1000
- Abigail Johnson Mobile Contact Number: NA
- WhatsApp Number of Abigail Johnson: NA
- Personal Phone Number: (215) 463-1000
- Abigail Johnson Email ID: NA
Social Media Accounts of Content Creator ‘Abigail Johnson ’
- TikTok Account: NA
- Facebook Account (Facebook Profile): NA
- Twitter Account: https://twitter.com/abigailtennis
- Instagram Account: https://www.instagram.com/theabigailejohnson
- YouTube Channel: NA
- Tumblr Details: NA
- Official Website: NA
- Snapchat Profile: NA
Personal Facts and Figures
- Birthday/Birth Date: 19 December 1961
- Place of Birth: Boston, Massachusetts, United States
- Husband/Boyfriend: Christopher J. McKown
- Children: Julia McKown
- Age: 61 Years old
- Official TikTok: NA
- Occupation: Businesswoman
- Height: 1.65 m
- Salary of Abigail Johnson: 2,070 crores USD
- Net worth: 2,070 crores USD
- Education: Yes
- Total TikTok Fans/Followers: NA
- Facebook Fans: NA
- Twitter Followers: 4,344 Followers
- Total Instagram Followers: 26.9K followers
- Total YouTube Followers: NA
|Abigail Johnson Address, Phone Number, Email ID, Website|
|House address (residence address)||Boston, Massachusetts, United States|
|Phone Number||(215) 463-1000|
Some Important Facts About Abigail Johnson:-
- Abigail Johnson was born on 19 December 1961.
- Her Age is 61 years old.
- Her birth sign is Sagittarius.