Edward C. Johnson II

Edward Crosby Johnson II (January 19, 1898 – April 2, 1984) was an American businessman and lawyer who founded Fidelity Investments.

Edward C. Johnson II
Born
Edward Crosby Johnson II

(1898-01-19)January 19, 1898
DiedApril 2, 1984(1984-04-02) (aged 86)
Alma materHarvard University
OccupationBusinessman
SpouseElsie Livingston
Children2; including Edward III
RelativesAbigail Johnson (granddaughter)

“A Boston Brahmin, Mr. Johnson was born Edward Crosby Johnson 2d in a townhouse on Beacon street, Back Bay, on Jan. 19, 1898, the son of Samuel Johnson, a partner in a leading dry-goods firm C.F. Hovey and Co. and Josephine (Forbush) Johnson.”[1] Johnson came from a family of New England Puritan ancestry.[2] He graduated from Milton Academy, Harvard College and Harvard Law School[3][4] and became involved in stock market research in 1924.[5]

In 1946, he founded Fidelity Management and Research, and he served as its chairman.[5] He died in Cataumet, Massachusetts of Alzheimer's disease in 1984, and his funeral was held at Milton's Universalist First Parish Church.[5]

References

  1. Edward Johnson 2d, Retired Board Chairman at Fidelity. Boston Globe, Apr. 4, 1984
  2. Alex Taylor III, "Why Fidelity Is The Master of Mutual Funds" (1986) archive.fortune.com/magazines/fortune/fortune_archive/1986/09/01/67986/index.htm
  3. "Edward C. Johnson II". Harvard Business School. Retrieved March 4, 2017.
  4. "Who's Afraid of Abby Johnson?". Boston Magazine. 2018-08-07. Retrieved 2020-04-15.
  5. "Edward Johnson 2d, Was 86; Began Investment Company". The New York Times. October 5, 1984. Retrieved September 20, 2018.
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