Richest Women - Fourth Spot: Abigail Johnson

Abigail Johnson (born January 7, 1962) runs Fidelity Investments together with her father Edward Johnson.

Fortune
Business
Country
Status
12 Billion
Fidelity
USA
Married, 2 Children
With father, Edward, runs Fidelity Investments, America's largest mutual fund company: $1.1 trillion under management. Art history major at Hobart and William Smith Colleges interned at firm 1980. Spent 2 years as consultant for Booz Allen Hamilton, then Harvard M.B.A. Returned to Fidelity 1988, followed machinery and automation stocks, managed sector funds. Ran first diversified fund 1993, became president of company's mutual fund division in 2001. Avoided taint of corruption by keeping money managers from market timing. Father reduced ownership for estate planning in 1995; now FMR's largest shareholder. Abigail loves to travel, with her favorite luxury hotel in San Miguel. She said that should would love to "spend a week immersed in learning at this small luxury hotel overlooking the city from exclusive residential environs. Offering an intimate 32 rooms, a pair of swimming pools, an on-site fitness center and world class dining, the hotel also features a cultural center that accommodates a select number of students for instruction in the arts. Guests will enjoy boutique luxury while benefiting from a selection of formal classroom training in Spanish language classes or instruction in watercolor painting. Guests can also indulge in a daily variety of health and fitness activities, including golf, mountain biking and tennis. Other local area tours and shopping excursions are available. Called a "Spa for the Mind", the hotel attracts guests and aficionados of culture and the fine arts from all over the world." (Source: Forbes)

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