Charles B. Johnson
$5.4B
Born
Jan 06, 1933
Age
92
Source of Wealth
Franklin Templeton
Residence
Palm Beach, Florida
Citizenship
United States
Marital Status
Married
Children
6
Education
Bachelor of Arts/Science, Yale University
- 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.
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