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Education: William Smith College, Bachelor of
Arts / Science
Harvard University, Master of Business
Administration
With family controls Fidelity Investments,
America's largest mutual fund company. Assets
under management: $1.6 trillion. Father Edward
III joined company as an analyst in 1957,
president 15 years later. "Abby" studied art
history at Hobart & William Smith Colleges; then
earned Harvard M.B.A. Joined family business
1988, tracked industrial equipment stocks. Ran
her first diversified fund 1993. Father reduced
his ownership in 1995; Abby inherited a 24%
stake. Became president of company's mutual fund
division 2001. Now runs Employer Services
division, which administers payroll and employee
stock plans. Who owns what? Once clearly
defined, Fidelity stakes amongst Johnson family
members are now one of the best-kept secrets in
capitalism. Company says Abby has sold some of
her shares to other family members; family still
controls 49% of company.
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