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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