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Crosby Advisors is the family office that manages the wealth of the Johnson family, which owns third-generation family business Fidelity Investments -- one of the largest financial services groups in the world. The Johnson family worth approximately $48 billion. Abigail P. Johnson, Fidelity's president, has a net worth of $28 billion. Abigail's siblings, Edward C. Johnson IV and Elizabeth L. Johnson are worth approximately $10 billion each. Also known for their philanthropy, the Fidelity Foundation was founded by Edward C. Johnson III and his father and the Edward C. Johnson Fund, a $334 million charitable fund, contributes to institutions in the Boston area and beyond. According to 'InvestmentNews,' the Johnsons hold some personal investments through Boston- based Northern Neck Investors LLC, an investment adviser that has $2.2 billion in assets. According to a March 2012 SEC filing, Northern Neck is principally owned by the Johnsons, and includes investments benefiting other FMR executives. Among Northern Neck's major holdings is ProBuild Holdings Inc., the largest lumberyard chain in the U.S. Northern Neck also held $403 million in oil and gas reserves in the Rocky Mountain region and the mid-continent through FIML Natural resources, according to the March 2010 bond prospectus. The family also owns Nashua, New Hampshire-based human resources services company HR Access North America; Madison, Maine-based hydroponic tomato grower Backyard Farms LLC; and Boston-based temporary staffing firm Veritude LLC. The family's Pembroke Real Estate division manages 6.5 million square feet of office and residential real estate, including the Boston Seaport Hotel and World Trade Center.
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