Abigail Johnson, the newly minted president of Fidelity Financial Services, the parent company of mutual fund giant Fidelity Investments, was notched at #27 in the recently published Forbes 400 List of the Richest People in America, leading all other members of the mutual fund world, including a member of her own family.

Johnson, whom Forbes called “one of the most powerful women in the world of investing”, was listed as holding a net worth of $11.8 billion. She even out-earned her famous father, Edward, who was ranked #52 by Forbes with a net worth of $6.5 billion. (Actually, the elder Johnson was in a three-way tie for the 52nd spot, with Ralph Lauren and investor Ira Rennert.)

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