E dward "Ned" Johnson IV is an American billionaire and an heir to the Fidelity Investments fortune. He is the son of Edward 'Ned' Johnson III, the longtime leader of the company, and the grandson of its founder, Edward C. Johnson II. He is also the brother of Abigail Johnson, the current chairman and CEO of the financial services giant.
Fidelity Investments is one of the largest and most powerful asset management and brokerage firms in the world. Ned IV, along with his sisters Abigail and Elizabeth, holds a significant stake in FMR, the privately held parent company of Fidelity. While his sister Abigail has taken over the leadership of the entire enterprise, Ned has pursued his own path within the family's vast business interests. He is the president of Pembroke Real Estate, a real estate investment and development company that is owned by the Johnson family's private holding company.
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