Obituary: Former Fidelity CEO Ned Johnson dies at the age of 91. What happened to him? Everything to know about his wife and net worth.
Edward “Ned” Johnson was one of the greatest entrepreneurs of the generation under whom Fidelity Investments became a global superpower. Unfortunately, the legendary investor is no longer with us.
As confirmed by his daughter and current company CEO, Abigail, he died on March 23 in his home in Florida surrounded by his family.
Tributes are storming social media following his demise. May his departed soul rest in peace.
Who Was Ned Johnson Fidelity? Cause of Death Explained
Ned Johnson was a businessman who served as the former CEO of Fidelity Investments.
Moreover, the entrepreneur has passed away at the age of 91 after a long battle with Parkinson’s disease. His death by confirmed by his entrepreneur daughter, Abigail Johnson on Wednesday.
“He passed away peacefully at home in Florida surrounded by his family,” she wrote on a LinkedIn post. The businessman was the key figure for Fidelity’s success that changed the company’s complexion in the last few decades.
Ned Johnson Wife And Children: Everything About His Family
Ned Johnson leaves behind his wife, Elizabeth B Lillie Johnson and three children.
Talking about his family, his wife is a trustee of Mueseum of Fine Arts and Winterthur Mueseum. She had been by his side through the thick and thin of his professional as well as personal life.
Moving on, the businessman’s children are billionaire. His daughter, Abigail is the current CEO of Fidelity Investments who has a net worth of more than $10.4 billion.
Also, his son, Edward Johnson IV is a president of Pembroke Real Estate, which is a superpower in Boston, summing up his net worth to up to $2.5 billion.
Likewise, his other daughter, Elizabeth L Johnson is also a businesswoman and reportedly has a net worth of over $2 billion.
Ned Johnson Net Worth And Wikipedia: A Look Back At His Life
Ned Johnson has a net worth of around $8.4 billion, as per his Wikipedia biography.
Founded by his father, Ned took Fidelity Investments to several heights after being the company’s CEO. He was the chief executive officer of the company for around 40 years until his retirement in 2016.
As of now, the financial services giant has become one of the favorite companies for investors, all thanks to Johnson.
May he find peace wherever he is.