Portrait of Charles B. Johnson

Rank #677

Charles B. Johnson

Net worth $6.1B

Franklin Templeton · United States

Born
Jan 06, 1933
Age
93
Source
Franklin Templeton
Residence
Palm Beach, Florida
Citizenship
United States
Marital status
Married
Children
6
Education
Bachelor of Arts/Science, Yale University

Net worth over time

Biography

  • Charles Johnson is the second largest shareholder in Franklin Resources, a global investment management firm also known as Franklin Templeton Investments.
  • Johnson became CEO at age 24 in 1957, a decade after his father, Rupert Johnson Sr., founded the company.
  • Johnson spent 56 years at the company before handing over the chairman's post to his son, Gregory, in 2013.
  • His daughter Jennifer, a champion of the company's data science capabilities and fintech initiatives, became CEO in 2020.
  • Under his leadership, the firm's assets under management rose from $2.5 million in 1957 to more than $800 billion when he retired.
  • In 2012, Johnson and his wife donated their historic, 67,000-square-foot Carolands Chateau in Hillsborough, California to the Carolands Foundation.
  • Charles' father Rupert named the company after Benjamin Franklin, who he believed epitomized the ideas of frugality and prudence in regard to saving and investing.
  • Charles also owns an estimated 26% stake in the San Francisco Giants baseball team.

Financial assets

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