Charles Johnson

Charles Johnson is the largest shareholder in Franklin Resources, a global investment management firm also called Franklin Templeton Investments.Johnson became CEO at age 24 in 1957, a decade after his father, Rupert Johnson Sr., founded the company.Johnson spent 56 years with the company before handing over the chairman's post to his son, Gregory, who also serves as CEO, in 2013.Under his leadership, the firm's assets under management rose from $2.5 million in 1957 to more than $800 billion when he retired.In 2012, Johnson and his wife donated their historic, 67,000-square-foot Carolands Chateau in Hillsborough, California to the Carolands Foundation.