Bloomberg Billionaires Index

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# 470 Rupert Johnson $4.42B

Random fact: Father, Rupert Sr., founded the company in New York in 1947.


Johnson is a director and vice chairman of Franklin Resources, a publicly traded U.S. money management business that operates the Franklin and Templeton mutual funds. The San Mateo, California-based company had revenue of $5.8 billion in the year to Sept. 30, 2019. His brother, Charles, is also a shareholder.

As of :
Last change -$41.7M ( -0.9%)
YTD change +$282M ( +6.8%)
Industry Finance
Biggest asset BEN US Equity
Citizenship United States
Age 79
Wealth Self-made
View net worth over:   Max 1 year 1 quarter 1 month 1 week

Relative Value

Rupert Johnson's net worth of $4.42B can buy ...

troy ounces of gold
barrels of crude oil

... and is equivalent to ...

of the GDP of the United States
of the total wealth of the 500 richest people in the world
of the top 100 U.S. college endowments
of the top 200 U.S. executives’ total awarded compensation
of U.S. existing home sales
times the median U.S. household income

Latest News

Net Worth Summary

Private asset
Public asset
Misc. liabilities
Confidence rating:

Johnson and his brother Charles are the biggest shareholders of Franklin Resources. He owns about 20 percent of the company, according to the company's 2018 proxy statement.

The value of his cash investments is based on dividend inflows dating back to the Franklin Resource's public offering in 1971, and an analysis of taxes, market appreciation, lifestyle expenses, share purchases and charitable giving.

Matt Walsh, a spokesman for Franklin Resources, didn't respond to requests for comment on the billionaire's net worth calculation.


Birthdate: 8/10/1940
Family: Unmarried, No children
Education: Washington & Lee University

Rupert Johnson was born to a stockbroker who founded the mutual fund company Franklin Distributors in 1947. He attended Washington and Lee University, where he graduated in 1962. He joined his father's company in 1965, which was then being run by his older brother, Charles. By the end of the 1980s, Franklin Resources had turned into a global financial services powerhouse with more than $40 billion of assets under management.

The company bought Templeton, Galbraith and Hansberger from Sir John Templeton in 1992. Four years later, it purchased Heine Securities from fund manager Michael Price. Today, the company has more than $800 billion under management and is run by his nephew, Gregory. His niece, Jennifer Bolt, serves as chief operating officer.

Johnson donated $100 million in 2007 to his alma mater Washington and Lee, the school's largest gift.

  • 1940 Rupert Harris Johnson Jr. is born to a stockbroker father.
  • 1947 Father founds Franklin Resources in New York.
  • 1962 Graduates from Washington and Lee University.
  • 1971 Franklin sells shares in an initial public offering.
  • 1982 Assets under management top $2 billion.
  • 1986 Stock begins trading on the New York Stock Exchange.
  • 1989 Assets under management exceed $40 billion.
  • 1996 Acquires Heine Securities from fund manager Michael Price.