Nine fundsters (or fundster-like folk)
made it onto the
2015 Forbes 400 list of the 400 richest people in the United States. All nine made last year's list, too; five rose in 2015, and four fell.
| Abigail Johnson Fidelity Investments Chief Executive Officer | |
The wealthiest mutual fund industry insider on the list is also the sixth wealthiest woman on the list: 53-year-old
Fidelity Investments [
profile] CEO
Abby Johnson ranks at 31 on the list, up five spots from last year. Her net worth is estimated at $14.2 billion thanks to her significant stake in the mutual fund and 401(k) titan. Her father, 85-year-old Fido chairman
Ned Johnson, rose six spots to 59th, with an estimated net worth of $7.8 billion.
Next up is 78-year-old
Chuck Schwab, chairman of brokerage giant
Charles Schwab [
profile] (which does have a mutual fund arm, too). Schwab rose two spots to 72, with $6.4 billion.
The West Coast Johnsons are next, though they both slipped a bit in the rankings this year; stock in their publicly-traded mutual fund firm,
Franklin Templeton [
profile] parent
Franklin Resources, is down nearly a third year-over-year. 82-year-old
Charles Johnson fell 18 to 90th, with $5.3 billion. And 74-year-old
Rupert Johnson, Jr. fell 36 spots to 114th, with $4.7 billion.
Ken Fisher, 64-year-old founder of
Fisher Investments [
profile], rose 14 to 211th, with $3 billion.
72-year-old
Ron Baron, CEO of
Baron Capital [
profile], fell five to 307th, with $2.2 billion.
59-year-old
Joe Mansueto, chairman and CEO of mutual fund ratings giant
Morningstar, rose 17 to tie Baron at 307th, with $2.2 billion. Mansueto is the sole fundster on the list not from the American heartland (in his case, Chitown) and not either of the coasts.
And the fallen bond king, 71-year-old
Bill Gross of
Janus [
profile], fell 70 to 342nd, with $2 billion. 
Edited by:
Neil Anderson, Managing Editor
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