The Stacking Benjamins Show · Wednesday, July 29, 2026
Justin Bear detailed the history of the Johnson family's ownership of Fidelity, starting with founder Edward Johnson Sr. The company has been passed down through three generations, with Abigail Johnson currently at the helm. This family control has allowed Fidelity to maintain its private status and unique culture.
“His most recent work has been diving into the Johnson family and the history of the Johnson family.”
“Ted Johnson, is that his name? Is the original founder.”
“And he was a WWI veteran who, you know, was injured in the war and then came back and started his own business and then became incredibly successful.”
“And then passed it down to his son, Ted Johnson Jr., who then passed it down to his son, Edward Johnson III, who then passed it down to his daughter, Abigail Johnson.”