The largest shareholders of the global investment management firm, Franklin Resources. Rupert Johnson, Sr., founded the California-based company in 1947, naming it after the USA founding father, Benjamin Franklin.
Rupert Johnson originally ran the retail brokerage firm from his Wall Street office in New York City. Charles B. Johnson took over the company after his father retired in 1957. Charles’ brother, Rupert Johnson, Jr., joined the family firm in 1965. After working his way through the business, Gregory E. Johnson, Charles’ son, took over as CEO of the company in 2005. He became Chairman in 2013 after his father left the post. Charles B. Johnson’s estimated net worth is $4.9 billion. Rupert Johnson, Jr., remains the firm’s Vice Chairman and is the company’s second-largest shareholder. He has an estimated net worth of $4 billion.
