Rupert Johnson, Jr.
Burlingame, California
Bachelor of Arts/Science, Washington & Lee University
United States
Franklin Resources
4
money management
$4,700,000,000
472
3
#472 Billionaires 2019
#172 Forbes 400 2018
Rupert Johnson Jr. is the vice chairman of Franklin Resources, a global investment management firm also called Franklin Templeton Investments.He is the second largest shareholder in the firm with 19.2%, after his half brother Charles who chaired the company until 2013.Their father, Rupert Sr., founded Franklin Distributors in 1947; the business grew and went public in 1983.Rupert Jr. joined in 1965 and has been vice chairman since 1999. His nephew Gregory Johnson now serves as chairman and CEO.
His father Rupert named the company after Benjamin Franklin who he believed epitomized the ideas of frugality and prudence in regard to saving and investing. Rupert pledged $100 million to his alma mater, Washington and Lee University, in 2007, $85 million of which has been designated for scholarships.
78
Add a review