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Grizzly Bulls’ Billionaires Index

⬅ # 764 James Clark|# 766 Steven Udvar-Hazy ➡

# 765 Rupert Johnson Jr 

$4.23B

Real Time Net Worth
as of 7/25/2024
-$59.5M (-1.41%)

# 765 Rupert Johnson Jr 

$4.23B

Real Time Net Worth
as of 7/25/2024
-$59.5M (-1.41%)
OccupationVice Chair and Director, Franklin Resources
Source of WealthFranklin Templeton
Age83
ResidenceBurlingame, California
Marital StatusMarried
EducationBS, Washington & Lee University
Age-Adjusted Net Worth$891.88M
Rupert Johnson Jr
Rupert Johnson Jr
United States
Net worth: $4.23B

Self-Made Score 

Wealth History

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Biography

Overview

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 20.8%.
Johnson's father, Rupert Sr., founded Franklin Distributors in 1947, which later went public in 1983.
He joined Franklin Resources in 1965 and has been vice chairman since 1999.
His philanthropy includes significant donations to educational institutions and arts organizations.

Early Life and Education

Rupert Harris Johnson Jr. was born in 1941 to Rupert Harris Johnson and Amybelle Siler.
He graduated from Washington and Lee University before serving as a Marine.

Career Highlights

Joined Franklin Resources in 1965, working alongside his father, Rupert Sr., and brother, Charles.
Became vice chairman and director of Franklin Resources, now Franklin Templeton Investments.
As of January 2020, Johnson's net worth was estimated at US$3.8 billion.

Philanthropy

Sits on the board of trustees at Santa Clara University and formerly at Washington and Lee University.
Donated $100 million to Washington and Lee University in 2007 for a financial aid and curriculum enrichment program.
Made significant contributions to the Asian Art Museum of San Francisco and the Delaware Art Museum.
Serves on the President's Council of the United Religions Initiative.

Personal Life

Married to Maryellie and resides in Burlingame, California.

Company History and Achievements

Franklin Resources, founded in 1947 by Rupert H. Johnson Sr., started as Franklin Distributors, Inc. in New York.
Charles B. Johnson, Rupert Jr.'s brother, took over as president and CEO in 1957.
Went public in 1971 and expanded significantly through acquisitions in the 1980s and 1990s.
In 2020, Jenny Johnson became CEO and President, with Greg Johnson assuming the role of Executive Chairman.
Acquired Legg Mason, Inc. in July 2020, significantly expanding its global investment management presence.
Completed several major acquisitions, including Benefit Street Partners, Lexington Partners, and O'Shaughnessy Asset Management.
Continued expansion with acquisitions of Alcentra from BNY Mellon Investment Management and Putnam Investments from Great-West Lifeco.

How long would it take you to become as rich as Rupert Johnson Jr?

If you started with $10,000 and invested an additional $500 each month at a 44.11% CAGR, it would take you 5 years to reach Rupert Johnson Jr's net worth of $4.23B.

Is this realistic? It depends how closely the VIX-TA-Macro Advanced model performs to its history in the future. Since Grizzly Bulls launched on January 1, 2022, it's returned 52.22% compared to 16.62% for the S&P 500 benchmark.

Enter data in all but one field below, then calculate the missing value

Rupert Johnson Jr is very wealthy, but what's stopping you from reaching that same level of success? As summarized in our five fundamental rules to wealth building, becoming wealthy in a modern capitalist economy is not complicated. There's actually only three variables:

  1. Your starting capital
  2. Your earnings after expenses
  3. The compound annual growth rate (CAGR) of your savings

Most people start with zero or very little, so if you weren't born into wealth, don't fret! The majority of the fortunate folks listed in our Grizzly Bulls’ Billionaires Index came from middle class or lower backgrounds. The most distinguishing characteristic of the group is their ability to consistently earn a high CAGR on their savings.

Every billionaire has a unique strategy to achieve high CAGR. For Rupert Johnson Jr, Franklin Templeton is the primary source. Whether you choose to invest your savings in your own businesses or the businesses of others is not as important. The salient piece of the puzzle is ensuring that your hard-earned savings are generating sufficient CAGR to reach your long term goals.

Most people simply invest their money in index funds and call it a day. There's nothing wrong with this approach, but it guarantees relative mediocrity. To achieve greatness, you need to invest your money to earn higher than average returns. In the long run, better investors will always finish ahead of better earners.

Source: Grizzly Bulls reporting

Methodology: Grizzly Bulls' Billionaires Index is a daily ranking of the world's billionaires and richest people. Grizzly Bulls strives to provide the most accurate net worth calculations available. We pull data from public equity markets, SEC filings, public real estate records, and other reputable sources.

The index is dynamic and updates daily at the close of U.S. stock market trading based on changes in the markets, economy, and updates to Grizzly Bulls' proprietary algorithm of personal wealth calculation. Stakes in public companies are tracked daily based on the relevant closing prices of the underlying securities. Additionally, stakes in private companies, cash, real estate, and other less easily valued assets are updated periodically through careful analysis of insider transactions, comparable public company sales / EBITDA multiples, etc.

Edited by: Lee Bailey