Want to meet Edward Johnson, III. this weendkend? Check out Edward Johnson, III. events:
Please join me for my final Doctoral recital at the University of Toronto. Celebratory drinks and food afterwards, location TBD! Mosaic for Flute and Piano (1969) Roger Reynolds (b. 1934) with Cecilia Lee, piano Sonate for Flute Piccolo, Opus 125, No. 1 (1973) Bjørn Fongaard I. Maestoso (1919-1980) II. Vivace Nidi per Ottavino (1979) Franco Donatoni I. À Pierre-Yves Artaud (1927-2000) II. À Roberto Fabbriciani Superscriptio for Solo Piccolo (1981) Brian Ferneyhough (b. 1943) Diffraction for Solo Piccolo (1984) James Dillon (b. 1950) - INTERMISSION - In Shadow, Light (1997) Ken Benshoof I. in shadow (b. 1933) II. bright III. broad, dark IV. cloudless, easy V. night music VI. confident, not pushy with Gwyneth Thompson, violin, Emilie Gelinas-Noble, viola & Kathryn Knowles, cello Sonata for Piccolo and Piano (2007) Levente Gyöngyösi I. Allegro Vivace (b. 1975) II. Largo III. Presto with Cecilia Lee, piano
The market is like a beautiful woman--always fascinating, always mystifying.
With an estimated current net worth of around $9.3 billion, he is ranked by Forbes as the 43rd richest person in America.
Johnson attended prep school at Milton Academy before transferring to Tabor Academy and graduating with a Bachelor's degree from Harvard College in 1954. After a stint in the US Army, he became a research analyst at Fidelity Investments in 1957, a company founded by his Father Edward C. Johnson II in 1949. He later became the portfolio manager for the Fidelity Trend Fund in 1960 and ran the famous Fidelity Magellan Fund from 1963 to 1977. He then became President of the company in 1972 and Chairman and CEO in 1977.
In 1965, the US–based Fidelity Foundation was founded by Edward C. Johnson III and his Father. The Edward C. Johnson Fund, a $334 million charitable fund, contributes to institutions in the Boston area and beyond.
His daughter Abigail has taken over the role of CEO of Fidelity Investments and Chairman of Fidelity International in 2014. As of 2012, Abigail owned up to 24% of the shares in Fidelity, had a net worth of $10.3 billion and was ranked 29th on the Forbes 400 rich list.
In a November 21, 2016 memo to Fidelity employees, Johnson announced he would retire in December and turn over the Chairmanship to his daughter Abigail. Although he will no longer be a member of the Board of Directors at Fidelity, Johnson plans to “maintain office hours . . . and continue to consult periodically with Abby.”