With a net worth of $17.2 billion, Fidelity Investments’s Abigail Johnson is by far the wealthiest person in Massachusetts, and number 23 on Forbes’s list of the 400 richest Americans. That’s a lot of mutual fund fees.
Johnson, who now runs Fidelity Financial Services, is the likely successor to her father, Edward Johnson III. At 83, “Ned” remains the Boston company’s chief executive, scraping by on a mere $9.3 billion.
For most people, even imagining that kind of money is difficult. To make it easier, here are some ways to help you comprehend a $17.2 billion portfolio:
17 John Hancock towers (at $1 billion apiece).
All 30 NBA franchises (Forbes values them collectively at $15.3 billion).
850 mansions equivalent to Tom Brady and Gisele Bundchen’s new $20 million California home.
About 7 Cape Wind projects (it’s expected to cost about $2.5 billion).
The collective gross domestic product of tax havens Andorra ($4 billion), Liechtenstein ($5.1 billion) and Monaco ($6 billion), with $1 billion to spare.
Bosnia and Herzegovina, Botswana, Anguilla (pictured), Democratic Republic of the Congo, and Equatorial Guinea each have a GDP roughly equal to $17 billion.
81 Boeing 787-8 planes at $211.8 million apiece.
Run the MBTA at its current $1.9 billion budget for 8 years.
Roughly 25 presidential campaigns (at 2012 levels).
42.5 million new iPhones (64GB iPhone 5S).