At least 10 U.S. fundsters, plus several fundster-adjacent folks, are among the world's billionaires this year, as
identified by Forbes.
| Abby Johnson Fidelity Chairman and CEO | |
Yesterday the magazine
released its 2017 edition of "The World's Billionaires" list, which includes a record 2,043 people from the globe. The richest U.S. mutual fund industry insider remains
Abby Johnson of
Fidelity [
profile], whom
Forbes identifies as the 75th richest person on the planet with an estimated net worth of $14.4 billion. Her father and predecessor,
Ned Johnson, comes in at 173 with $7.8 billion.
The West Coast Johnsons,
Charles Johnson and
Rupert Johnson, Jr. of
Franklin Resources [
profile], come in at #250 and #315 with $5.8 billion and $5.1 billion each, respectively.
Bill Gross of
Janus [
profile] ranks 814 with $2.5 billion.
Ron Baron of
Baron Capital [
profile] is 939 with $2.2 billion.
David Booth of
DFA [
profile] and
Jeffrey Gundlach of
DoubleLine [
profile] are tied at 1,290 with $1.6 billion each.
Mario Gabelli of
Gamco [
profile] is 1,376 with $1.5 billion.
Charles Brandes of
Brandes Investment Partners [
profile] is 1,678 with $1.2 billion.
Other fundster-adjacent names on the list include:
Thomas Peterffy of
Interactive Brokers Group, 82, $13.8 billion;
Chuck Schwab of
Charles Schwab [
profile], 156, $8.3 billion;
Ken Fisher of
Fisher Investments, 501, $3.7 billion;
Joe Mansueto of
Morningstar, 939, $2.2 billion; and
Howard Marks of
Oaktree Capital, 1,030, $2 billion.  
Edited by:
Neil Anderson, Managing Editor
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