Richest Billionaires in Massachusetts

Billionaires in Massachusetts: Where Do They Live?

Massachusetts is home to billionaires and some of the richest people in America (and the world).

These billionaires acquired their fortunes in various ways- Jim Davis started out as a little Boston shoemaker which grew into New Balance, and the Johnson siblings inherited their fortune from their grandfather who founded Fidelity Investments.

Here are the 7 richest people in Massachusetts. The information presented in this article is based on the Billionaires List from Forbes (rankings as of 1/20/23). 

Richest Billionaires in Massachusetts
Richest Billionaires in Massachusetts

Where Does the Richest Billionaire in Massachusetts Live?

The richest billionaire in Massachusetts, Abigail Johnson, lives in Milton, MA.

Milton is an upscale suburb of Boston.

Luxury car

7 Richest Billionaires in Massachusetts

1. Abigail Johnson

Abigail Johnson is the richest person in Massachusetts. A resident of Milton, MA, Abigail Johnson is worth $21.1 billion.

Abigail is the CEO of Fidelity Investments. Her grandfather founded Fidelity Investments.

Luxury Yacht

She is the 75th richest person in the world.

Net Worth$21.1 billion
Source of WealthFidelity Investments
Age61
ResidenceMilton, MA
World Rank75th Richest Person in the World
Abigail Johnson Profile

2. Robert Kraft

Robert Kraft is the second richest person in Massachusetts. A resident of Brookline, MA, Robert Kraft is worth $10.6 billion.

Robert Kraft made his fortune from Paper and Packaging. He owns New England Patriots.

Private jet

He is the 169th richest person in the world.

Net Worth$10.6 billion
Source of WealthPaper and Packaging, New England Patriots
Age81
ResidenceBrookline, MA
World Rank169th Richest Person in the World
Robert Kraft Profile

3. Edward Johnson IV

Edward Johnson IV is the third richest person in Massachusetts. A resident of Boston, MA, Edward Johnson IV is worth $6.7 billion.

Similar to his sister Abigail Johnson, Edward inherited his fortune from his grandfather who founded Fidelity Investments.

Luxury Yacht

He is the 364th richest person in the world.

Net Worth$6.7 billion
Source of WealthFidelity Investments
Age57
ResidenceBoston, MA
World Rank364th Richest Person in the World
Edward Johnson IV Profile

4. Elizabeth Johnson 

Elizabeth Johnson is the third richest person in Massachusetts. A resident of Boston, MA, Elizabeth Johnson is worth $5.2 billion.

Similar to her siblings Abigail and Edward, Elizabeth inherited her fortune from her grandfather, the founder of Fidelity Investments.

Luxury Yacht

She is the 508th richest person in the world.

Net Worth$5.2 billion
Source of WealthFidelity Investments
Age59
ResidenceBoston, MA
World Rank508th Richest Person in the World
Elizabeth Johnson Profile

5. Robert Hale Jr.

Robert Hale Jr. is the fifth richest person in Massachusetts. A resident of Boston, MA, Robert Hale Jr. is worth $5 billion.

Robert made his fortune from telecom.

Luxury Yacht

He is the 542nd richest person in the world.

Net Worth$5 billion
Source of WealthTelecom
Age56
ResidenceBoston, MA
World Rank542nd Richest Person in the World
Robert Hale Jr. Profile

6. Jim Davis and Family

Jim Davis and his family are one of the wealthiest families in Massachusetts. Residents of Newton, MA, Jim Davis and his family are worth $5 billion.

Jim is a self-made billionaire making his fortune from New Balance. Jim and his family own approximately 95% of New Balance.

Lamborghini

Jim Davis and his family are ranked as the 541st richest person in the world.

Net Worth$5 billion
Source of WealthNew Balance
Age79
ResidenceNewton, MA
World Rank541st Richest Person in the World
Jim Davis and Family Profile

7. Amos Hostetter Jr.

Amos Hostetter Jr. is the seventh richest person in Massachusetts. A resident of Boston, MA, Amos Hostetter Jr. is worth $3.4 billion.

Amos made his fortune from cable TV.

Golf Country Club

He is the 847th richest person in the world.

Net Worth$3.4 billion
Source of WealthCable TV
Age85
ResidenceBoston, MA
World Rank847th Richest Person in the World
Amos Hostetter Jr. Profile

You May Also Be Interested in these articles:

Boston’s Best: Inside the Most Expensive Suburbs in Boston

Wealthiest Towns in Connecticut

Wealthiest Towns in the New York Suburbs

What are the Highest Paying Jobs in Massachusetts? (and lowest paying jobs)

6 Jobs That Pay Over $100K a Year without a Degree in Massachusetts (video)

7 Richest People in Massachusetts

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