Rupert Johnson Jr
Overview
- Source of Wealth
- Franklin Templeton
- Industry
- Finance & Investments
- Residence
- Burlingame, California
- Organization
- Vice Chairman and Director at Franklin Resources
- Education
- Washington & Lee University (Bachelor of Arts/Science)
- Marital Status
- Married
Assets
- Franklin Resources Inc.103,055,000 shares @ --BEN-US
Biography
Rupert Johnson Jr. is the vice chairman of Franklin Resources, a global investment management firm also called Franklin Templeton Investments.
He is the largest shareholder in the firm with 20%. His half brother Charles, who chaired the company until 2013, is a close second.
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.
About
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.