Edward “Ned” Johnson III is the founder of the Brookfield Arts Foundation, which is dedicated to purchasing art and lending it to museums. Johnson owns and runs Fidelity Investments with his daughter Abigail, and, according to Forbes, his estimated worth is $8.2 billion. He was the anonymous purchaser of an 18th-century Benjamin West altarpiece from a London church for $2.85 million. The 2013 sale sparked a controversy when the buyer’s agents applied for a license to export the painting to the United States. Johnson donated the work to the Museum of Fine Arts in Boston, where he is an honorary trustee.

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Edward “Ned” Johnson III


Source of wealth:
Finance (Fidelity Investments)

Collecting area:
19th- and 20th-century American painting, furniture, and decorative arts; Asian art and ceramics

Top 200 appearance:
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Fun fact:

Johnson is the subject of the book Surviving Ned Johnson: How Fidelity CEO & Chairman Ned Johnson Traded His Faithful Friend for a Few Dollars, by Dick Larson.