Edward Johnson III is the CEO of Fidelity Investments, a US financial services company founded in 1949 by his father, Edward Johnson II. A Harvard graduate and army veteran, Edward Johnson III went to work for Fidelity in 1957 as a research analyst and rose through the ranks to the position of CEO in 1977. He’s still there today, and according to Forbes, his net worth as of March 2011 is $7.1 billion.
Johnson's daughter, Abigail Johnson, is the company's president. She joined in 1988 as an equity portfolio manager after getting her MBA from Harvard Business School, and in 1997 she was promoted to her first executive position within the company. Today, she sits on the Committee on Capital Markets Regulation and holds 24% of Fidelity’s shares. She also has a higher net worth than her father, which is $11.3 billion as of September 2010.