The Richest Bostonians
And how they’ve fared in the downturn.
1. Abigail Johnson
Worth: $11.5 billion
Johnson lost about $3.5 billion last year as her family’s firm, Fidelity, struggled. She also replaced her father, Ned, in overseeing 161 funds — a move that may clear the way for her to succeed him as CEO one day.
2. Ned Johnson
Worth: $8 billion
A year ago, the Fidelity CEO (who turns 80 this summer) was worth $11 billion. Last year the company finished trimming about 3,000 jobs, closing out what’s been a rather crummy decade for the Hub’s flagship firm.
3. Amos Hostetter
Worth: $2 billion
Reportedly, Hostetter lost only $800 million in 2009. There seems to be one bright spot for the former cable TV wizard: GlobalPost, the online foreign-news startup he helped fund, aims to be in the black by 2012.
4. Jim Davis
Worth: $1.7 billion
Like Hostetter, the former New Balance CEO is reported to have lost $800 million this past year. He’s a founder of the struggling Major League Lacrosse, which shed four teams after the ’08 season. (Fear not, your Boston Cannons soldier on.)
5. Robert Kraft
Worth: $1.5 billion
Insiders believe the Pats owner’s worth held steady in ’09, as he continued to sit atop one of the most valuable properties in sports. It’s been a great investment: In 1994 Kraft paid $172 million for a team worth $1.4 billion today.