The Richest People in Massachusetts, According to Forbes

So many surprises! NOT.


Robert Kraft Photo by Scott M. Lacey for Boston Magazine’s 2013 Power List

Forbes has just released its annual ranking of the 400 richest people in America, and—surprise!—the world is still run by most of the same people.

Excluding affiliations such as Mark Zuckerberg’s with Harvard (no. 11, Palo Alto), six people from Massachusetts appear on the Forbes 400, and here’s a super boring fact for you—they’re the same six people from Massachusetts who were on the list last year. Riveting, I know.

Here are their names and net worths, just to make you feel way worse about your life:

No. 36 – Abigail Johnson, Milton, $13.1 billion. The Fidelity president was ranked 23rd in 2013 at $17.2 billion.

No. 64 – Edward Johnson III, Boston, $7.2 billion. Abigail Johnson’s father, Fidelity’s CEO, was ranked 44th last year with a net worth of $9.3 billion.

No. 123 – Robert Kraft, Brookline, $4 billion. The Pats owner moves up this year from last year’s ranking at 184th with $2.9 billion. High five, Bob!

No. 172 – Jim Davis and family, Newton, $3.2 billion. The New Balance family slips this year from 161st, though their net worth rose from $3.1 billion. Life is hard.

No. 185 – Amos Hostetter Jr., Boston, $3.1 billion. The chair of Pilot House was ranked 184th—tying with Kraft—with $2.9 billion.

No. 390 – Phillip Ragon, Boston, $1.58 billion. The founder of InterSystems was ranked 352nd in 2013 with a net worth of $1.5 billion.

To put this list of locals in perspective, consider this:

The top 10 include top dog Bill Gates (surprise!), second fiddle Warren Buffett (surprise!), two Kochs, a bunch of Waltons (of Wal-Mart), and Michael Bloomberg.

Jeff Bezos is 15th, Rupert Murdoch and family rank 33rd, and Elon Musk is no. 50.

Edward Johnson III narrowly beat Eli Broad, no. 65, and Robert Kraft beat Donald Trump, no. 124.

Casino mogul Steve Wynn is 156st. Jeremy Jacobs, owner of the Bruins, is 184th.

Oprah Winfrey is no. 207 with a net worth of $3 billion. Donald Sterling is no. 220.

Of the seven youngest people on the list, 30-year-old Mark Zuckerberg is the youngest and ranks 11th on the Forbes 400 along with fellow Facebook-related folks Dustin Moskovitz, no. 56, and Sean Parker, no. 205. Twitter founder Jack Dorsey is the seventh youngest at 37 and is ranked no. 248 on the list.

Of the entire Forbes 400, 47 are women and of those, seven of the names are followed by “and family.”


The Richest People in Massachusetts, 2013
The Richest People in Massachusetts, 2012