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.
Copyright 2017, Art Media ARTNEWS, llc. 110 Greene Street, 2nd Fl., New York, N.Y. 10012. All rights reserved.