Robert L. Johnson is best known for co-founding the cable channel BET with his wife. Discover today's celebrity birthdays and explore famous people who share your birthday. Bob Johnson Chevrolet is part of the Automobile Dealers industry, and located in New York, United States. He spends more time than is perhaps wise with his eyes fixed on a screen either reading history books, keeping up with international news, or playing the latest releases on the Steam platform, which serve as the subject matter for much of his writing output. [3] They divorced in 2001 and have two children. 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? Bob Johnson has a net worth of $1 Billion. [3][9][12][14] He remained BET CEO until 2006. In addition to hosting one of the biggest shows on CBS, "The . Here he served for the Corporation for Public Broadcasting as the Public affairs director. This site uses Akismet to reduce spam. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. Name: Robert L. Johnson. Through the experience, Bob was able to learn the power of untapped potential of television. 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RLJ Companies Following the sale of BET, Robert and Sheila divorced. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. If you do not know, We have prepared this article about details of Bob Johnsons short biography-wiki, career, professional life, personal life, wife, girlfriend, dating, divorce, kids, todays net worth, age, height, weight, and more facts. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. The marriage lasted until 2001, and two children were born as a result of it. What is Cash App all about? He was hired as the Public Affairs Director at the Corporation of Public Broadcasting in 1972. "We were at $32 a share. Age, Family & Net Worth. Learn How rich is He in this year and how He spends money? Robert Nutting (Nutting Family) Estimated net worth: $1.1 billion Team: Pittsburgh Pirates The 10th-richest owner is the chairman and principal owner of the Pittsburgh Pirates, Robert Nutting . In 2001, Johnson became a billionaire after selling the station to Viacom for $3 billion, which catapulted his net worth to an estimated $1.3 billion. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. He teamed with The Ella Rose Collection and PVH in 2012 to produce a neckwear line to promote Malaria No More. Robert Johnson met Sheila Crump while students at the University of Ilinois. He did, however, stay on as BETs CEO until 2006. Perhaps youve used the company before. That's enough to be one of 10 most expensive divorce settlements of all time. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. While . He is the founder of RLJ Companies which invests in different business sector and also co-founder of BET which was later acquired by Viacom in 2001. Birth date: April 8, 1946. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Johnson grew up in Freeport, Illinois, the 9th of 10 children. Jimmie Johnson returns to the drivers seat in the No. If youre not in this line of work and dont deal with calculators, then, Read More 20 Things You Didnt Know About DesmosContinue, Memorial Day is an occasion to honor those in the military who lost their lives fighting for our freedom. Bob Johnson has started RLJ Companies after selling the BET. ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. When they divorced, Robert paid Sheila $400 million. A Division of NBC Universal. 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. Being born on 8 April 1946, Bob Johnson is 77 years old as of todays date 18th April 2023. "The Million Dollar BET: Robert Johnson and the inside story of the Black Entertainment Television by Brett Pulley, University of Illinois at UrbanaChampaign, National Museum of African American History and Culture, "Sports of The Times; First Item for the Bobcats: Win Over the Community", "30 Years: Black Entertainment Television goes public (October 30, 1991)", "COMPANY NEWS; BLACK ENTERTAINMENT TELEVISION TO BE SOLD", "RLJ Lodging Trust Form 10-K Annual Report Filed 2013-02-28", "RLJ ENTERTAINMENT, INC. Form 10-K Annual Report Filed 2013-04-10", "KB HOME Form10-K Annual Report Filed 2013-01-18", "LOWES COMPANIES INC Form 10-K Annual Report Filed 2013-04-02", "STRAYER EDUCATION INC 10-K -20030331 EXHIBITS", "Smithsonian Picks Notable Spot for Its Museum of Black History", "US Air, Denied United Merger, to Sketch New Strategy", "Robert L. Johnson: A Business Titan Redefining Black Entrepreneurial Success", "Hilton Hotels, Corp. Form 10-K, Filed March 30, 1999", "PRO BASKETBALL; BET's Founder Wins Franchise", "BET founder Johnson awarded Charlotte franchise", "Sale of Charlotte Bobcats to Michael Jordan approved by NBA Board of Governors", "AMC Networks Invests in Robert Johnson's Streaming TV and Film Company", "Morgan Freeman and Bob Johnson: Fundraising Team", "Bob Johnson Launches Neck Tie Collection to Help Fight Malaria", "RLJ Cos., partners create $30 million Liberia fund", Drugs, Race Raised in Clinton-Obama Fight, The Hypocrisy of BET's Bob Johnson's Obama Smears, Johnson cites race in President Obama's surge, "BET founder Robert Johnson says 'I will take the devil I know,' adding he doesn't know what Biden will do", "BET founder Bob Johnson engaged to Lauren Wooden", "BET founder Bob Johnson weds Lauren Wooden at Napa Valley ceremony", Johnson Sets Sights on New Urban Cable Network, The Interviews: An Oral History of Television, How I Built This - Live Episode! Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. "I said, 'Wow, you could take this concept of technology and target black programming,' which has always been a dream of various individual black media types creating a black-oriented network," he told Fortune in 2002. Pharmaceutical giant Johnson & JohnsonJNJ wants to do a one-time lump sum payment of at least $8.9 billion to thousands of talc-powder claimants. The first cable channel aimed exclusively at African-Americans, it originally aired for only two hours on Friday nights. The couple were married in May 2016 at Auberge du Soleil in the Napa Valley region of California. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Bob Johnson Net Worth by breaking down the He was also Congressman Walter E. Fauntorys press secretary. The marriage only lasted but until 2020 when they divorced. Required fields are marked *. They knew that cable television was the next step in the media industry and wanted a channel to target the young black American audience. Happiness only begins to describe how I feel,' Johnson told the Washington Post. Bob Johnson was born in Aurora, IL. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. In 1991 BET went public and was listed on the New York Stock Exchange. He stands 1.7 meters tall and weighs 79 kilograms. When was Bob Johnson born? Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. Bob Johnson Net Worth Bob's primary source of wealth has been from various investments that have earned him lots of returns. In 2010, he sold the Charlotte Bobcats to Michael Jordan for a majority ownership. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley, California, with Greg Mathis officiating. Bob Johnson (Weather Forecaster) birth name is Robert M Johnson. Axiom Bank N.A. What is Bob Johnson's net worth? As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. Bob found a position in Washington, DC after graduating from Princeton University, which introduced him to the television industry. Bob Johnson is an American YouTube channel with over 178.00 subscribers. 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. [4][12][13] He later became vice president of government relations at the National Cable and Television Association (NCTA). 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This has been seen through his various assets that include a 778-room resort in Liberia worth $12 million, 100 hotels in Dean White which he owns worth $1.7 million. Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. Save my name, email, and website in this browser for the next time I comment. Bob has accomplished a great deal on his own. Related by education: University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area. The marriage lasted until 2001 having sired two children. Should You Buy The Botox Maker Over Johnson & Johnson Stock? Out of the 2,043 people who appear on the 2017 Forbes list of billionaires, only three are African-American: Oprah Winfrey, Robert Smith and Michael Jordan. Born in 8 April 1946 in Hickory Mississippi, Bob was the ninth of the ten children to Archie JOHNSON AND Edna Johnson. BET would only air for two hours on Friday Night when it was launched in 1980. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. Robert Johnson was born on April 8, 1946. In 1972, he graduated from Princeton Universitys Woodrow Wilson School with a masters degree in public affairs. 5. Also View Alvin Martins Net Worth. An example of data being processed may be a unique identifier stored in a cookie. As a young adult, Johnson went to the University of Illinois Urbana-Champaign, from which he graduated in 1968 with a bachelor's degree in social studies. [8] He became the first African-American billionaire in 2001. He has also sat on numerous boards of directors, including those of KB Home; Think Finance; Lowe's Companies; the Smithsonian Institution's National Museum of African American History and Culture; Hilton Hotels; and General Mills. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. There, he learned both the business and technological side of television. But it wasn't the first time Johnson proposed to Wooden. $866. He was the first black American billionaire named by Forbes Magazine. How many car dealerships does Bob Johnson own? He worked here as the Corporation for Public Broadcastings Public Affairs Director. After her divorce in 2002, she sold off her. 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. He was born in Florida in 1942, and he died in 1995. He has served on the board of directors at various organizations and firms. He post graduated from the Princeton University. He is the chief executive officer of a company called GOAT Group. Birth State: Mississippi. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. He is an American businessman who is better known as Bob Johnson. He was the former Chairman Executive Officer of Black Entertainment Television. All Rights Reserved. Net Worth: $76 B. To mention but some, they include Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. 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 Forbes 400 net worth cut off this year was a record-high $2 billion. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. Will Johnson & Johnson Stock Rise Post Q1? Kobe Johnson Girlfriend, Is He Married? He is from USA. He is an American businessman who is better known as Bob Johnson. The Johnsons made $1 billion with the deal making them the first black Americans to achieve a net worth of more than a billion dollars. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Bob Johnson, 70, the founder of BET, wed Lauren Wooden, a 37-year-old international business-management doctorate student in Napa Valley last week. He however remained CEO for BET until 2006. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. Birth City: Hickory. Following the sale of BET, Robert and Sheila divorced. Amy Johnson KCBS/KCAL, Bio, Wiki, Age, Family, Children, Height, Salary, and Net Worth. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. He is also a majority owner of Charlotte Bobcats. He was the ninth of ten children born to Edna and Archie Johnson. Bob attended the University of Illinois where he graduated in 1968 with a bachelors degree in social studies. most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. The couple has one daughter named Paige Johnson and a son named Brett Johnson. [3][4] His mother was a schoolteacher and his father was a farmer. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. 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