Portrait of Rupert Johnson Jr

Rank #814

Rupert Johnson Jr

Net worth $5.2B

Franklin Templeton · United States

Born
Aug 10, 1940
Age
85
Source
Franklin Templeton
Residence
Burlingame, California
Citizenship
United States
Marital status
Married
Children
0
Education
Bachelor of Arts/Science, Washington & Lee University

Net worth over time

Biography

  • Rupert Johnson Jr. is the vice chairman of Franklin Resources, a global investment management firm also called Franklin Templeton Investments.
  • He is the largest shareholder in the firm with 20%. His half brother Charles, who chaired the company until 2013, is a close second.
  • Their father, Rupert Sr., founded Franklin Distributors in 1947; the business grew and went public in 1983.
  • Rupert Jr. joined in 1965 and has been vice chairman since 1999. His nephew Gregory Johnson now serves as chairman.
  • His father Rupert named the company after Benjamin Franklin who he believed epitomized the ideas of frugality and prudence in regard to saving and investing.
  • Rupert pledged $100 million to his alma mater, Washington and Lee University, in 2007, $85 million of which has been designated for scholarships.

Financial assets

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