Boston Business Journal

Rob Hale, Robert Kraft Rocket Up Forbes Billionaire List; Wayfair CEO Drops Off

Granite Telecommunications founder Rob Hale saw his wealth rise by almost $2 billion last year, according to Forbes' latest list of global billionaires, while Wayfair co-founders Niraj Shah and Steve Conine lost their billionaire statuses amid the company's stock tumbles.

Abigail Johnson, the CEO of Fidelity Investments, is still the wealthiest person in Massachusetts, with a fortune of $21.6 billion, up from $21.2 billion last year. She is the 72nd richest person in the world, according to the list, a slight uptick from her 75th richest ranking in 2022. 

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Abigail wasn't the only Fidelity Johnson to make the list. Edward Johnson IV and Elizabeth Johnson came in at 352 and 497, with $6.8 billion and $5.3 billion respectively.

Robert Kraft, the owner of the New England Patriots, saw his wealth rise by $2.3 billion, from $8.3 billion to $10.6 billion, vaulting him 98 spots up the list to 165 from 263.

Rob Hale, founder and president of Quincy-based Granite Telecommunication, rocketed up the list this year, rising 417 spaces to 534th richest from 951st richest.

Hale saw his fortune go from $3.2 billion to $5 billion, making him wealthier than New Balance chair Jim Davis, who lost $300 million from last year's $5.2 billion, making him the 552nd richest person in the world instead of the 490th richest, as he was last year.

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