Charles B. Johnson
Overview
- Source of Wealth
- Franklin Templeton
- Industry
- Finance & Investments
- Residence
- Palm Beach, Florida
- Organization
- Former Chairman and CEO at Franklin Resources
- Education
- Yale University (Bachelor of Arts/Science)
- Marital Status
- Married
- Children
- 6
Assets
- Franklin Resources Inc.94,122,000 shares @ --BEN-US
Biography
Charles Johnson is the second largest shareholder in Franklin Resources, a global investment management firm also known as 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 at the company before handing over the chairman's post to his son, Gregory, in 2013.
His daughter Jennifer, a champion of the company's data science capabilities and fintech initiatives, became CEO in 2020.
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.
About
Charles' father Rupert named the company after Benjamin Franklin, who he believed epitomized the ideas of frugality and prudence in regard to saving and investing.
Charles also owns an estimated 26% stake in the San Francisco Giants baseball team.