E lizabeth Johnson is an American billionaire and an heir to the Fidelity Investments fortune. She is the daughter of Edward "Ned" Johnson III, the longtime leader of the company, and the granddaughter of its founder, Edward C. Johnson II. She is also the sister 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. Elizabeth, along with her siblings Abigail and Edward IV, holds a significant stake in FMR, the privately held parent company of Fidelity. While her sister Abigail has taken over the leadership of the entire enterprise, Elizabeth is not involved in the day-to-day operations of Fidelity. She has pursued her passion for equestrian sports and is the founder of Louisburg Farm, a prominent equestrian facility. Her wealth is derived from her inherited stake in the massive family-controlled company.