Johnson vs Schmidt

Fidelity Investments (FMR LLC) and Alphabet (Google).

The differences

Forbes puts Abigail Johnson about $3.6B ahead of Eric Schmidt.Forbes figures from 16 Oct 2026 and 9 Oct 2026.
Abigail Johnson: inherited and grew it. Eric Schmidt: built it up.
Eric Schmidt is about 6 years older than Abigail Johnson.
Eric Schmidt has held a public or government advisory role; Abigail Johnson has none on record.

Put someone else on either side

Johnson

Schmidt

Net worth, Forbes: $41.6BForbes, 16 Oct 2026; $38BForbes, 9 Oct 2026
Net worth, Bloomberg: $48.3BBloomberg, 16 Oct 2026; $58.9BBloomberg, 11 Oct 2026
Forbes rank: No. 48Real-Time list, 16 Oct 2026; No. 58Real-Time list, 9 Oct 2026
Billionaire since: Not stated; Not stated

How it started: Inherited and grew itHer grandfather Edward C. Johnson II founded Fidelity in 1946; she joined full-time in 1988 and succeeded her father as CEO in 2014. Forbes' 2006 list described her fortune as 'inherited and growing'; Built it upNot a founder: joined Google as board chairman in March 2001, then CEO from 2001 to 2011; his fortune is mostly the Alphabet stock he acquired there
Main source: Her stake in FMR, the parent of Fidelity InvestmentsBloomberg: 'The majority of Abigail Johnson's fortune is derived from her 32.74% stake in FMR'; Alphabet stockBloomberg: 'The majority of Eric Schmidt's fortune is derived from a 1% economic interest in Alphabet'
Companies: Fidelity Investments (FMR LLC)Fidelity Investments (FMR LLC): Chairman and CEO; Alphabet (Google), Relativity SpaceAlphabet (Google): None; former CEO and chairman; Relativity Space: CEO and executive chairman
Biggest stake: Fidelity Investments (FMR LLC)32.74% owned; Alphabet (Google)1% owned

Born: 19 Dec 1961Boston, Massachusetts, United States; 27 Apr 1955Washington, D.C., United States
Country: United StatesLives in Boston, Massachusetts, United States; United StatesLives in Atherton, California, United States
Education: Graduate degreeBA art history, Hobart and William Smith Colleges (1984); MBA, Harvard Business School (1988); Graduate degreeBS electrical engineering, Princeton (1976); MS (1979) and PhD (1982) in computer science, University of California, Berkeley
Parents: Daughter of Edward C. 'Ned' Johnson III, who ran Fidelity before her and built it into one of the largest mutual fund companies; granddaughter of its founder; Grew up in Blacksburg, Virginia, where his father Wilson Schmidt was a professor of economics at Virginia Tech

Giving Pledge: Not a signer; Not a signer
Foundation: Not stated; Schmidt Family FoundationWith his wife Wendy he also founded Schmidt Ocean Institute, Schmidt Futures (2017) and Schmidt Sciences (2024)
Lifetime giving: Not stated; $2BForbes, date not stated. Forbes: Wendy Schmidt 'has helped direct more than $2 billion in philanthropy alongside her husband Eric'; a joint figure, undated

Role now: Runs the companyChairman and CEO of Fidelity Investments (FMR LLC); Runs the companyCEO and executive chairman of Relativity Space
Successor: None namedShe succeeded her father as CEO in 2014; her brother Edward Johnson IV runs Pembroke Real Estate, affiliated with FMR, and her sister Elizabeth is not involved at Fidelity; Larry Page took back the Google CEO job from him in 2011No Schmidt family member is named in a Google executive role
Public office: None found; Member, President's Council of Advisors on Science and Technology; Chairman, Defense Innovation Board (US Department of Defense); Chairman, US National Security Commission on Artificial Intelligence; Member, NASA National Space Council User Advisory Group2009-2017; 2016-2020; three years, including 2020; two years, including 2020
Legal record: None found; None found