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Edward Crosby "Ned" Johnson III (June 29, 1930 – March 23, 2022) was an American billionaire businessman who, along with daughter Abigail Johnson, owned and ran Fidelity Investments and Fidelity International until his death in March 2022. In April 2021, his net worth was estimated at US$8.2 billion. [1]
Fidelity Investments, formerly known as Fidelity Management & Research (FMR), is an American multinational financial services corporation based in Boston, Massachusetts.. Established in 1946, the company is one of the largest asset managers in the world, with $5.8 trillion in assets under management, and $15.0 trillion in assets under administration, as of September 2024
Shrewsbury (/ˈʃruzberi/ SHROOZ-bury) is a town in Worcester County, Massachusetts, United States. The population was 38,325 according to the 2020 United States Census, in nearly 15,000 households. [1] Incorporated in 1727, Shrewsbury prospered in the 19th century due to its proximity to Worcester, and from visitors to Lake Quinsigamond.
Abigail Pierrepont Johnson [1] (born December 19, 1961) is an American billionaire businesswoman and the granddaughter of late Edward C. Johnson II, the founder of Fidelity Investments. [2] Since 2014, Johnson has been president and chief executive officer (CEO) of American investment firm Fidelity Investments (FMR), [ 3 ] and chair of its ...
The Shrewsbury Historic District encompasses the historic early center of the town of Shrewsbury, Massachusetts. It consists of the town common, laid out in 1721 at what are now Main and Prospect Streets, and buildings adjacent or nearby. The district was declared locally in 1972, and was added to the National Register of Historic Places in ...
Worcester (/ ˈ w ʊ s t ər / ⓘ WUUST-ər, locally ⓘ) [4] is the second-most populous city in the U.S. state of Massachusetts and the 114th most populous city in the United States. [a] [5] Named after Worcester, England, the city had 206,518 people at the 2020 census, [6] also making it the second-most populous city in New England, after Boston, Massachusetts.
Today, Fidelity International handles investments for clients in Europe, Canada, EMEA and Asia, while the US-based Fidelity Management and Research handles investments for clients in the USA. In the same year that it was established, an office was opened in Tokyo, [ 4 ] followed by London in 1973, [ 5 ] Hong Kong in 1981 [ 6 ] and Taipei in 1986.
Peter Lynch (born January 19, 1944) [1] is an American investor, mutual fund manager, author and philanthropist.As the manager of the Magellan Fund [2] at Fidelity Investments between 1977 and 1990, Lynch averaged a 29.2% annual return, [3] consistently more than double the S&P 500 stock market index and making it the best-performing mutual fund in the world.