Oprah Winfrey dropped from the list despite her $2.6 billion fortune holding steady, making 2021 the first time in 26 years she hasnt made The Forbes 400. Founder James Cox's five grandchildren share the family fortune, according to Forbes. He also owns a stake in the Premier League soccer team Liverpool. Stphane Bancel, chief executive of the company, is now worth $4.3 billion, making him the ninth richest person in Massachusetts. Bezoss wealth is up from last year when it was set at $114 billion. (Bloomberg News). By clicking Sign up, you agree to receive marketing emails from Insider Newhouse founded the publishing giant in 1922, per Bloomberg. Details about the calculations are provided in the net worth analysis on each. At an estimated net worth of $15 billion (and the. Like his daughter, his net worth took a dive in 2020 but doubled between 2020 and 2021. She is the first female CEO at the United Arab Emirates largest lender and is off to a strong start to her tenure: third-quarter earnings surged 54% to $1 billion. Fidelity Trading Boom Lifts Johnson Family Wealth to $48 Billion Brothers Theo and Karl Albrecht created the discount supermarket Aldi, Bloomberg reported. For doing just that, Abigail Johnson, Chairman & CEO of Fidelity Investments, ranks no. But far bigger profits are flowing to the family behind Fidelity Investments in Boston. He also. Philip Ragon and his wife, Susan, have given to various causes over the years. She holds an MBA from Harvard. rent or their mortgage once the eviction moratorium ends, and the. Fidelity was one of the first traditional investment companies to embrace cryptocurrencies. Fast forward to the 1970s, and descendant Jean-Louis Dumas took the company global. It generates about $21 billion in revenue. 15 Richest Americans in Finance, Investments: Forbes Tokiko Shimizu, the first female executive director of the Bank of Japan in its 130-plus year history, debuts at no. This wealth is derived from various industries, including retail, media, agribusiness, technology, and more. Annual sales remain below 2007s peak of $14.6 billion. Stay up to date on all the latest news from Boston.com. She has served as CEO since 2014, when she took over for her father, and became chairman in 2016. The New Balance chairman originally bought a Boston-based shoemaker in 1972, and that has since grown into the $4 billion company it is today. Source of wealth:Self-made; Blackstone Group. The Johnsons own about 80% of Boston-based Northern Neck Investors LLC, an investment adviser with $2.2 billion in assets, according to the Bloomberg report. Alix Steel and Guy Johnson bring you the news you need to know and trends you need to watch as US markets get into the trading day. Fidelity Investments is valued at about $37 billion, the Bloomberg article said. Top editors give you the stories you want delivered right to your inbox each weekday. 55. Abigail's siblings, Edward C. Johnson IV, 47, and Elizabeth L. Johnson, 49, each are worth $2.5 billion. Since founding his own investment firm in 1968, Icahn has become one of themost powerful people in finance, investing in scores of high-profile companies, including RJR Nabisco, Philips Petroleum, Viacom, Marvel, Time Warner, Netflix, and Herbalife. as well as other partner offers and accept our, Heidi Gutman/CNBC/NBCU Photo Bank/NBCUniversal via Getty Images, Neilson Barnard/Getty Images for New York Times, Visit Business Insider's homepage for more stories, the bank is currently worth $34.6 billion, Kotak told the Economic Times in April 2020, Russian private investment firm Onexim Group, around $160 billion in global investments, he's recently stepped back from management responsibilities, sat down with Business Insider CEO Henry Blodget in 2018, founded discount trading company Interactive Brokers in 1995, He ran a series of television ads during the 2012 election cycle, ounded Blackstone in 1985 alongside Pete Peterson, Blackstone elevated the firm's real estate head, agreed to buy a majority stake in the Financial and Risk business of Thomson Reuters. No. He also famously owned the NBA franchise Brooklyn Nets. They reportedly spent much of the 2000s arguing over trusts, ultimately dividing up the fortune at the end. Luxury goods dynasty Herms is the basis for the Dumas family fortune. Fifth-generation Herbert Fisk Johnson III acts as the current CEO and chairman of the company. A total of 56 women made this years list, unchanged from a year ago (this includes two womenJudy Love and Lynda Resnickwho share a multi-billion dollar fortune with their husbands). Alfond and his siblings are billionaires because of Warren Buffetts purchase of the Dexter Shoe Company, a firm their father sold for Berkshire Hathaway stock. ThinkAdvisor identified the 15. The next wealthiest Bay Stater Valentin Gapontsev, 81, founded IPG Photonics, the creator of high-power fiber-optic lasers, according to Forbes. The Boehringer and von Baumbach families control German pharmaceutical company Boehringer Ingelheim, which has been around for more than 130 years, per Bloomberg. Abigail Johnson Net worth: $14.9 billion Michigan Daniel Gilbert Net worth: $5.9 billion Minnesota Whitney Macmillan Net worth: $5.4 billion Mississippi Leslie Lampton Net. ThinkAdvisor identified the 15 financiers and investors at the top of the pecking order. Overview Johnson is the chief executive officer of FMR, the parent of Fidelity. Johnson owns around 24.5% stake of the firm, which manages $3.2 trillion. A cable TV pioneer in the 1990s, Amos Hostetters net worth is $3.5 billion, according to. How she made her fortune? These are the 25 local names on Forbes billionaires list: Johnson has served as the CEO of Boston-based Fidelity Investments since 2014 and owns an estimated 24.5 percent stake of the firm, according to Forbes. MacKenzie Scott, ex-spouse of Amazon founder Jeff Bezos, is the second richest woman for the second year in a row. The immense wealth of Saudi Arabia's royal family comes from a combination of proceeds from Saudi Arabia's oil industry (which the executive office of the King doles out to various family members) and the royals' personal earnings from negotiating government contracts and other investments, according to Bloomberg. The founder and former chief executive of Continental Cablevision, Inc. made his wealth after selling the company in 1996 for $11 billion, Forbes says.