Edward 'Ned' C. Johnson IV is an American businessman and heir whose immense fortune stems from his family's control of Fidelity Investments (formally Fidelity Management & Research - FMR), one of the world's largest financial services companies. He is the great-grandson of the founder, Edward C. Johnson II (d. 1984), who established the firm in 1946.

Edward IV's career path is deeply rooted in the family business, having served in various executive roles. His cousin, Abigail Johnson, serves as the Chairwoman and CEO, controlling the primary voting stake and the day-to-day operations. Edward IV's role is one of generational stewardship and investment, ensuring the long-term, stable control of the privately held financial giant, which is largely owned by the family (40 percent) and its current and former executives.

Edward Johnson IV's career is defined by his work within Fidelity Investments and its related entities. The company's success is built on its pioneering role in mutual funds, 401(k) products, computerized stock trading, and the first commercial donor-advised fund (1991). The family's decision to keep the massive firm private is the structural key to their wealth, allowing them to invest for the long term.

His wealth is tied to his inherited equity stake and his role in managing the family's assets, which include substantial investments in Boston-area office space and various private investment ventures. His long-term perspective focuses on preserving the family's legacy and financial control over the immense asset management firm, which has successfully navigated decades of financial market fluctuations.

Edward Johnson IV's social impact is structural, stemming from Fidelity's role in managing the retirement savings and investments of millions of Americans. The company's creation of the first commercial donor-advised fund (Fidelity Charitable) revolutionized philanthropy in the U.S.

His personal philanthropy supports various educational and cultural initiatives, reflecting the Johnson family's long-standing tradition of civic engagement in the Boston area.

Edward Johnson IV maintains the discreet, highly professional style of a Boston financial executive. His attire is consistently formal and high-quality, favoring tailored suits. His aesthetic is one of stability and composed authority, reflecting the conservative nature of the asset management industry.

His luxury is the immense security and financial power derived from his multi-billion dollar fortune. His life is dedicated to the stewardship of his family's massive financial legacy, ensuring the continuity of the privately held Fidelity Investments empire.