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 $8.6 billion as of 2018. 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 in the United Kingdom, since his plan was to export the work to the United States. Johnson donated the piece 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.