Top 5 Billionaires in Bermuda and their net worth in 2020

2. Abigail Johnson

Net worth: $16.5 Billion

Billionaires in Bermuda

Abigail Johnson’s grandfather, Edward Johnson II, founded mutual fund giant Fidelity Investments in 1946.

She worked summers at Fidelity through college and joined full-time as an analyst in 1988 after receiving a Harvard M.B.A.

She took over from her father Edward “Ned” Johnson III as CEO in 2014 and as chairman in 2016.

She owns an estimated 24.5% stake of the firm, which has $2.4 trillion in managed assets.

Her two siblings, Elizabeth and Edward IV, own estimated stakes of just over 5% of Fidelity.

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