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FIDELITY INVESTMENTS VIA BLOOMBERG

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 $7.1 billion. He is thought to be 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. After conservation, the altarpiece will go on view at the Museum of Fine Arts in Boston, where Johnson is an honorary trustee.

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Edward ““Ned”” Johnson III

Location:
Boston

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, a memoir by Dick Larson.