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As a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds for hurricane preparedness in the Bahamas. Discover today's celebrity birthdays and explore famous people who share your birthday. Robert Johnson has been involved in American politics through most of his career. So, how much is Bob Johnson worth at the age of 62 years old? He was the first black person to be included in the Forbes Worlds Rich List. Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . He has made his wealth by founding the television network called "Black Entertainment Television" (BET) and as a former co-owner of NBA Franchise as well. BET would continue to grow over the next decade. 85% of Americans use AI in some capacity, from rideshare apps like Uber and Lyft, to digital voice assistants like Siri and Alexa. Bob Johnson Net Worth. 1. Bob Johnson is an American YouTube channel with over 178.00 subscribers. We welcome all corrections and feedback using the button below. He is a principal owner of the Charlotte Bobcats. He stands 1.7 meters tall and weighs 79 kilograms. In the same university, Bob was a member of the Kappa Alpha Psi fraternity. The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. Bob Johnson has started RLJ Companies after selling the BET. [3][7] Johnson is the former majority owner of the Charlotte Bobcats. Bob Johnson is 6-4 (193 cm) tall. We recommend you to check the complete list of Famous People born on 4 May. Bob Johnson weighed 220 lbs (99 kg) when playing. Should You Buy The Botox Maker Over Johnson & Johnson Stock? He allegedly asked her to marry him on their first date. He has also made a private equity fund in Africa valued at $30million. Notably, hip hop artist Nelly became a co-owner. Having rose into ranks as an African-American, Bob Johnson prides himself a place as one of the greatest entrepreneurs of his time. When was Bob Johnson born? The six-time IndyCar Series champion and the seven-time NASCAR Cup Series champion were both named to the Motorsports Hall of Fame of America Class of 2024 on Friday. Robert L. Johnson, in full Robert Louis Johnson, (born April 8, 1946, Hickory, Mississippi, U.S.), American businessman, founder of Black Entertainment Television (BET), and the first African American majority owner of a major professional sports team in the United States. He is best known as the creator and host of The Joy, Read More 20 Bob Ross Quotes That Apply to BusinessContinue. He later worked for the National Cable and Television Association (NCTA) as the vice president of government relations. He was the ninth of ten children in his family. The talented and skilled Robert Johnson would next become the Vice President of Government Relations for the National Cable and Television Association. We don't have much information about He's past relationship and any previous engaged. It was the first African American owned business to do so in the United States of America. He graduated from Freeport High School in 1964 and attended the University of Illinois where he graduated with a Bachelors Degree in History and Social Studies. [4][12], Johnson left NCTA in 1979 to create Black Entertainment Television, the first cable television network aimed at African-Americans. $866. 10. The RLJ Companies, established in Bethesda, Maryland, later expanded into hotel real estate investment, private equity, financial services, asset management, vehicle dealership, entertainment and sports, and video lottery terminal gambling. 4. The Black Entertainment Television (BET) was a first of its kind cable aimed at African-Americans. Actor Leon Robinson, music entrepreneur L. A Reid, and Bill Clintons former Chief of Staff, Mack McLarty, were among the select attendees at the ceremony. He is also the first African American principal owner of a major North American sports franchise. The company provides a variety of financial advisory services for companies in real estate, automotive industries, gaming industries, hospitality, professional sports and film production. The first African-American-targeted cable network was Black Entertainment Television (BET). In 2003, he completed a deal with the city for a $265 million arena that was to open in time for the 2005-2006 season. So, how much was Robert Cleveland Johnson networth at the age of years old? He went on to Princeton University where he received his Masters Degree in International Affairs in 1972. Together, they had two children, and divorced in 2002. The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. Bob Johnson (Weather Forecaster) birth name is Robert M Johnson. Two years after that, it turned a profit for the first time. . Also View Alvin Martins Net Worth. But making Johnson & Johnson an even more interesting and timely stock to look at, is the fact that in trading on Wednesday, shares of JNJ entered into oversold territory, changing hands as low as $157.47 per share. Even if we look at a longer time frame, AbbVie fares better, with its sales rising at an average annual growth rate of 21% to $58 billion in 2022, compared to $33 billion in 2019, while J&Js saw its revenue rise at an average annual rate of just 5% to $95 billion in 2022, compared to $82 billion Johnson & Johnson is reimagining global business processes with intelligent automation tools and change management. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. His parents eventually moved to Illinois in search of a better life and soon found factory jobs in a working-class town. The comments below have been moderated in advance. He also holds over 13,755 shares of RLJ Lodging Trust Stock. his net worth has been growing significantly in 2021-2022. RLJ Companies Following the sale of BET, Robert and Sheila divorced. When he was a kid, he moved with his family to Freeport, Illinois. $1-5million. He sold his majority stake in 2010 to Michael Jordan. When BET originally started in 1980, it only broadcast on Friday nights for two hours. Bob and Liberty Media bought all outstanding shares of the company in 1998, a purchase that earned him 42% of the company. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. The World's Most Entertaining Car Website, Princeton University (1972), University of Illinois at Urbana-Champaign (1968), Woodrow Wilson School of Public and International Affairs, Greys Anatomy Star Kate Walsh Unintentionally Revealed That Shes Engaged To Her Partner Andrew Nixon, Kim Kardashians $150 Million Private Jet Has Strict Rules, Adam Levine Returns To Stage After Cheating Allegations, Tiffany Haddishs Lawsuit Was Dropped, But Her Career Is Totally Over, Here's How Jon Hamm Built His $45 Million Empire, A Peek Inside King Charles III's Luxurious Watch Collection, Kanye Hires Melinda Gates Divorce Lawyer To Fight Kim Kardashian, Poppy Montgomery Sued $48,000 By Former House Helper For Unpaid Wages, Chris DElia Hit With Temporarily Restraining Order By The Woman He Adamantly Denies He Ever Met. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. We are no longer accepting comments on this article. [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. Farm Heroes Saga, the #4 Game on iTunes. His father was a farmer while his mother was a school teacher. The company continued to grow. The Johnson's made $1 billion with the deal making them the first black Americans to achieve a net worth of more than a billion dollars. Butt Florence Butt founded H-E-B grocery store in Texas in 1905, which her son Howard expanded throughout the state when he took. That's enough to be one of 10 most expensive divorce settlements of all time. The jaw-dropping proposal included an ice sculpture of the Eiffel Tower,a shower of rose petals, a bottle of Dom Perignon, following a private after-hours tour and dinner at the Musee Rodin. In 1969, Bob married Sheila Johnnson. But it wasn't the first time Johnson proposed to Wooden. He has made his wealth by founding the television network called Black Entertainment Television (BET) and as a former co-owner of NBA Franchise as well. Like many legends, Jimmie Johnson, as he ages, can't leave racing behind, preferring to take on new challenges, like partnering in a Nascar team (Legacy Motor Club) and racing at Le Mans. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. Net Worth: $750 Million Date of Birth: Jan 25, 1949 (74 years old) Place of Birth: McKeesport Gender: Female Profession: Businessperson, Film Producer, TV Program Creator Nationality: United. In Africa, he has also formed a $30 million private equity fund. He served as the public affairs director for the Corporation for Public Broadcasting. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? 2023 Forbes Media LLC. He also became famous by the title First African-American Billionaire in the year 2001. He made an $8.1 million profit on the sale of RLJ stock. Read More 10 Things You Didnt Know About Eddy LuContinue, If youre an educator in the public or private school system, then theres a good chance that youve heard of Desmos. 5. Brother-in-law of Colorado dentist charged with poisoning wife comes face-to-face with accused killer as he's arraigned in court, New Orleans Mayor LaToya Cantrell's bodyguards say they had to hold her purse, do her shopping and take her daughter to the HAIRDRESSERS - as effort to recall Dem lawmaker fails, Twist or pull? Robert Johnson met Sheila Crump while students at the University of Ilinois. His net worth has been growing significantly in 2021-2022. Black Entertainment Television: Robert Johnson, https://en.wikipedia.org/w/index.php?title=Robert_L._Johnson&oldid=1147954102, This page was last edited on 3 April 2023, at 06:32. Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Nowadays, Bob Johnson is the most interesting person to talk about. Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. $1 Billion Robert L. Johnson is the founder of Black Entertainment Television. In this position is where he learned of the power and untapped potential of television. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. All net worths are calculated using data drawn from public sources. $72 k-$82 k USD: Net Worth (approx.) $1 Billion This site uses Akismet to reduce spam. Johnson moved on from the company in 2006. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Will Johnson & Johnson Stock Rise Post Q1? In 1991 BET became the first black-controlled company that was listed on the NYSE. Robert and Sheila founded the Black Entertainment Television network in the late 1970s with a $15,000 personal loan. Bob Johnson's net worth His net worth has been growing significantly in 2020-2021. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. Following the sale of BET, Robert and Sheila divorced. He sold a $3 million asset when BET was purchased by Viacom in 2001. How much did Bob Johnson weigh when playing? However, this gig taught him many valuable lessons. He is not dating anyone. After completing studies from Princeton University, Bob secured a job that introduced him to the television industry in Washington DC. He is from Minnesota. "My big break came when cable magnate John Malone, then CEO of Tele-Communications Inc., the country's third-largest cable company, decided to invest in my company, even though I had no experience running any business, never mind a national media company," he told Fortune. Source of wealth: Microsoft. He is from USA. Johnson went on to become a press secretary to Congressman Walter E. Fauntroy. Through the experience, Bob was able to learn the power of untapped potential of television. Bob Johnson, 70, the founder of BET, has married his 37-year-old girlfriend; . At the same university, Bob was a member of the Kappa Alpha Psi fraternity. Currently, he is the founder and also the chairman of RLJ Development. [35] Johnson released a neckwear line in coordination with PVH and The Ella Rose Collection, the RLJ Ella Rose Africa Tie Collection, in 2012 to benefit the charitable organization Malaria No More. Manage Settings He post graduated from the Princeton University. Andrea Russett | Net Worth, Boyfriend, & Wiki, Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. The marriage lasted until 2001, and two children were born as a result of it. In my zeal to support Senator Clinton, I made some very inappropriate remarks for which I am truly sorry. He was also the Director of Communications for the National Urban League. In addition to hosting one of the biggest shows on CBS, "The . AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. A year later Johnson hit the Forbes 400 "Richest Americans" list with a net worth of $1.3 billion. It was around the same time that he worked in the office of the National Urban League as the director of communications. Birth Country: United States. In 1972, he obtained a masters degree in public affairs from the Woodrow Wilson School at Princeton University. Bob Johnson, 70, the founder of BET, wed Lauren Wooden, a 37-year-old international business-management doctorate student in Napa Valley last week. Bob Johnson - Net Worth $600 M. Bob Johnson is the co-founder of recognized Black Cable Network, BET. Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. Bob Johnson's Net Worth: $1-5 Million. Being born on 8 April 1946, Bob Johnson is 77 years old as of todays date 18th April 2023. Gender: Male. [9][1][10] Johnson's companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. Required fields are marked *. The principal source of wealth of Bob Johnson has come from a range of high-return investments. Continue with Recommended Cookies, Your email address will not be published. Bob Johnsons income source is mostly from being a successful Actor. He did, however, stay on as BETs CEO until 2006. The Clinton campaign denied this, submitting that the comments were referring to Obama's work as a community organizer. Unless they move quickly to ensure people receiving Medicaid are eligible for it, Michigan will be working to protect the profits of Medicaid insurance companies at the expense of the truly needy. "We were at $32 a share. The wedding, the second for both, took place in front of a host of famous faces, including music executive L.A. Reid, actor Leon Robinson and former Clinton chief of staff Mack McLarty, at the Auberge du Soleil. Beyond its Bethesda headquarters, RLJ Companies has additional offices in Little Rock, Arkansas; Charlotte, North Carolina; Los Angeles, California; San Juan, Puerto Rico; and Monrovia, Liberia. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. Birth City: Hickory. 24/7 Wall St. reviewed the estimated net worth of U.S. congressional representatives from Roll Call, a Capitol Hill news outlet, to identify the 76 richest members of Congress.Only lawmakers with . Birth State: Mississippi. So, how much is Bob Johnson worth at the age of 73 years old? Bob Johnson is 6-5 (196 cm) tall. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. He teamed with The Ella Rose Collection and PVH in 2012 to produce a neckwear line to promote Malaria No More. The company's portfolio contains a wide range of assets, such as hotel real estate, private equity, insurance services, car dealerships, and sports and entertainment brands. According to the agreement, AMC will use its programming and distribution clout to benefit Acorn and UMC. [12][14] In 1998, Johnson and Liberty Media bought all outstanding shares of the company. He has been on the boards of directors of a number of companies and organizations. The public affairs from the Woodrow Wilson school at Princeton bob johnson net worth where he of. He went on to become a press secretary to Congressman Walter E. Fauntroy 16 ] the Companies! Have much information about he 's past relationship and any previous engaged made private! Shares or the equivalent of 50.1 % of the greatest philanthropist with his donations to various charity organizations the. 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