Around the same time he also worked as the director of communications for the Washington, D.C. office of the National Urban League. 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. He began dating Lauren Wooden, a 33-year-old woman, in 2010. 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. He was the former Chairman Executive Officer of Black Entertainment Television. It was only for two hours a week initially. Bob Johnson - Net Worth $600 M. Bob Johnson is the co-founder of recognized Black Cable Network, BET. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi. Bob graduated in 1968 from the University of Illinois. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. 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. Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. Here we are updating just estimated networth of Robert . She was an executive producer of the critically-acclaimed 2013 film The Butler, which tells the story of a former slave turned White House employee. Her first film, Kicking It premiered at the Sundance Film Festival in 2008. After completing studies from Princeton University, Bob secured a job that introduced him to the television industry in Washington DC. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. He was the first black American billionaire named by Forbes Magazine. [5][37][38] The fund provides credit for Liberian entrepreneurs. Principal owner: John W. Henry Net worth: $2.6 billion (2020) Purchase price: $380 million (2002) Current franchise valuation: $3.4 billion Value appreciation: 796% Annualized appreciation:. Sheila Johnson went on to found Salamander Hospitality, which has a portfolio containing resorts and golf clubs. Bob Johnson (Weather Forecaster) birth name is Robert M Johnson. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. The Bob Johnson Auto Group is owned by Gregory Stahl and John Love. Perhaps youve used the company before. Loud explosions rock thermal power station in Russia's Belgorod, Football fan punched and kicked unconscious as rival hooligans brawl, Moment gangster-politican Atiq Ahmed is shot point blank live on TV, Polish police raid nightclubs during organised crime crackdown, BBC's Justin Rowlatt goes bollard hunting as residents war over LTN, Italian police seize more than 350M worth of cocaine from the Med, Gerry 'The Monk' Hutch seen leaving the court after not guilty verdict, Teens scatter as gunshots ring out during fight in Chicago, Andrew Lloyd Webber dedicates final Phantom performance to late son, Phillip returns to This Morning after brother's sex abuse trial, Shocking moment driver causes three-vehicle smash, Businesswoman Jacqueline Gold's funeral at Old Royal Naval College, BET founder Bob Johnson engaged to Lauren Wooden - The Washington Post. [47] They married in May 2016; Greg Mathis officiated,[48] and divorced in 2020. The co-founder of the Black Entertainment Television cable network became a billionaire in 2001 when he sold BET to Viacom. [3][4], After graduating from Princeton, Johnson found a job in Washington, D.C., which introduced him to the television industry. [8] He became the first African-American billionaire in 2001. Being born on 8 April 1946, Bob Johnson is 77 years old as of todays date 18th April 2023. He remained in his position as CEO of BET until 2006. On April 14, 2008, Johnson made comments to the effect that Obama would not be the Democratic Party's leading candidate if he were not black, in defense of a similar comment made by Geraldine Ferraro. While Johnson is no longer a billionaire, according to Forbes' estimates, he made history as the first African-American to join the exclusive billionaire's club. "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. He invested $30 million to help Liberian businessmen pursue their dreams. ^ a b Bryant, Adam (November 12, 2011). He sold a $3 million asset when BET was purchased by Viacom in 2001. 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 . He is a businessman and the owner of the Pittsburgh Pirates. Five warning signs of vision-robbing condition glaucoma revealed - and the celebrities living with it, 'I lose no matter how hard I train:' Heartbreaking words of female cyclist who quit sport after constant beatings by trans competitors - as transgender rising star, 46, hammers competition. [18] Videos on the channel are categorized into Sport, Association football. "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. [3] His parents moved the family to Freeport, Illinois, when he was a child. He sold stock worth over $8.1 million from RLJ. All Rights Reserved. Johnson has helped many businesses throughout the world launch, has helped and donated to many philanthropic causes throughout the world and even owns a professional sports team. [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. [4] He received a master's degree in public affairs from the Woodrow Wilson School at Princeton University in 1972. He is from USA. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. BET would only air for two hours on Friday Night when it was launched in 1980. The time frame for exercising those warrants is open-ended, AMC said. The job also taught him to run his own business (he had to sell subscriptions), how to deal with rejection and how to finish what he started. In 1991 BET went public and was listed on the New York Stock Exchange. He was born on 8th April 1946 in Hickory, Mississippi, US. How many car dealerships does Bob Johnson own? Bob has achieved much in his right. Related by education: University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area. For Black women, who were selected by J&J as the right place to sell more baby powder to, this is perhaps an opportunity for financial reciprocity. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. Axiom Bank N.A. According to a recent investigation by Forbes and Business Insider, Bob Johnson estimated net worth is more than a couple of million USD, according to the publication. Bob Johnson Net Worth. After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. While . To mention but some, they include Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. The following year, he released a neckwear line to benefit the charity Malaria No More. 'I've found the absolute, unequivocally right person for me. Johnson was born in 1946 in Hickory, Mississippi, the ninth out of ten children to Edna and Archie Johnson. $1 million- $4 million USD: We know Bob Johnson is a Not Available Certified Public AccountantFormer Pulaski County Justice of the peace. [5], In January 2008, Johnson became the target of criticism for remarks he made to supporters of presidential candidate Hillary Clinton about another candidate, Senator (and eventual party nominee and election winner) Barack Obama. Discover today's celebrity birthdays and explore famous people who share your birthday. Prior to this, Jordan had been a minority stakeholder. In 2000, he became the first African-American billionaire after selling the network. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. Their marriage was short-lived, since they divorced in 2020. Bob Johnson Net Worth. They knew that cable television was the next step in the media industry and wanted a channel to target the young black American audience. Eventually, in 1983, BET became its own full-fledged independent channel. 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. He is from USA. He also became famous by the title First African-American Billionaire in the year 2001. [4][12] BET first turned a profit in 1985 and it became the first black-controlled company listed on the New York Stock Exchange in 1991. Save my name, email, and website in this browser for the next time I comment. Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000, according to Forbes. He has been on the boards of directors of a number of companies and organizations. Bob Johnson weighed 262 lbs (118 kg) when playing. He eventually became the National Cable and Television Associations vice president of government relations (NCTA). In 1969, Johnson wed his wife Sheila Johnson, with whom he co-founded BET. However, this gig taught him many valuable lessons. Bob found a position in Washington, DC after graduating from Princeton University, which introduced him to the television industry. A fresh take on sports: the biggest news and most entertaining lists. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. After her divorce in 2002, she sold off her shares and has since invested in hotels in Florida and Virginia, planes, real estate and horses. Bob Johnson's Net Worth: $1-5 Million. In 1969, Bob married Sheila Johnnson. BET was acquired by Viacom in 2000 for $3 billion. Birth State: Mississippi. [16][19][20][21][22][23][24][25] Johnson has also served as a member of the board of directors for several other companies and organizations, including US Airways, Hilton Hotels, General Mills, the United Negro College Fund, and Deutsche Bank's Americas Advisory Board. 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. As a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds for hurricane preparedness in the Bahamas. 10. Additionally, the RLJ-AMC partnership will allow for greater investment in content from African-American creatives, Johnson emphasized. 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. He worked here as the Corporation for Public Broadcastings Public Affairs Director. [41] In subsequent days, Johnson was roundly criticized for his comments as hypocritical given the prodigious glorification of drug use and sale by artists prominently featured on BET. The Johnson family moved to Freeport, Illinois when Robert was young. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Bob Johnson was born in Aurora, IL. He and his company, RLJ Companies LLC, has worked with several professional sports teams. Bob Johnson is 79 years old. Just a few examples are Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. [4][12], Johnson left NCTA in 1979 to create Black Entertainment Television, the first cable television network aimed at African-Americans. Gender: Male. 5. It started 11 years ago and has 219 uploaded videos. Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. Age, Family & Net Worth. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. Though he disliked waking up early in the morning, the newspapers had to be delivered between 6 - 7 a.m., which forced him to get dressed and begin work. He excelled in school. In 2016 Robert Johnson married again. Where was Bob Johnson born? [42] On January 17, 2008, Johnson sent Obama the following apology:[43] .mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 40px}.mw-parser-output .templatequote .templatequotecite{line-height:1.5em;text-align:left;padding-left:1.6em;margin-top:0}. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. 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 It is a solemn occasion, yet its a perfect time to celebrate our liberty bought by, Read More How Much Money Do Consumers Spend During Memorial Day?Continue, Bob Ross was an American painter, art instructor, and television host. In 2001 he became billionaire after selling the station to . The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. The first cable channel aimed exclusively at African-Americans, it originally aired for only two hours on Friday nights. Robert Johnson came from humble beginnings. He is also a majority owner of Charlotte Bobcats. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. Bob became the first American majority owner of a major American Sports League team when he bought the Charlotte Bobcats in 2002. The business is a marketplace for apparel, sneakers, and accessories that are all certified authentic. He was the first black person to be included in the Forbes Worlds Rich List. Robert and Sheila Johnson were married from 1969-2002. Ebony's Linda Johnson Rice joins Tesla's board of directors, Marvel's Black Panther shatters box office record, 31-year-old used her $1,200 stimulus check to start a successful business, 100-year-old sisters share 4 tips for staying mentally sharp (not crosswords). He also makes $2.54 million as Executive Chairman of the Board of Trustees at RLJ. Robert Johnson has been involved in American politics through most of his career. At 73 years old, Bob Johnson height not available right now. How old is Bob Johnson? The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. Shortly thereafter, Viacom reached out expressing interest in the company and they sold. . Required fields are marked *. [12][14] In 1998, Johnson and Liberty Media bought all outstanding shares of the company. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. There, he learned both the business and technological side of television. takes a dig at rival for trying to overturn election instead of acting like a Founding Father, Horrific moment crazed Las Vegas bus passenger kills man after knifing him 33 TIMES - as driver keeps driving and stunned witnesses watch bloodbath unfold, Toddler, 3, loses half her smile after she is savaged by rescue pup that 'ate some of her face' when it attacked her while she stroked it a day after family had fostered it, Are you suffering from the 'silent thief of sight'? BET would continue to grow over the next decade. He also invested a $30 million starting amount fund for Liberian Entrepreneurs, called Liberia Enterprise Development Fund. Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000. [14][15] Viacom acquired BET in 2001 for a reported $3 billion; Johnson earned over $1 billion from the sale, making him the first black American billionaire. What is Cash App all about? Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. Robert Johnson met Sheila Crump while students at the University of Ilinois. He started dating Lauren Wooden, who was 33 years his junior, in 2010. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. They married in 1969 and have two children. After all, at the beginning of his career, he was the Press Secretary for the controversial Presidental candidate Walter E. Fauntroy. These are the 25 richest golfers in the world: 25. 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. His height is 1.7m tall, and weight is 79kg. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Bob Joh. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Hockey Coach Bob Johnson's net worth is $1-5 Million before He died. When BET originally started in 1980, it only broadcast on Friday nights for two hours. We and our partners use cookies to Store and/or access information on a device. He was also the Director of Communications for the National Urban League. Courtesy of H-E-B Net worth: $11 billion Source of wealth: H.E. In 1972, he obtained a masters degree in public affairs from the Woodrow Wilson School at Princeton University. Q5. Ice hockey coach who guided college, international, and professional teams, including the Wisconsin Badgers men's hockey team from 1966 until 1982. We don't have much information about He's past relationship and any previous engaged. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. He got married to Sheila Johnson in 1969. In 2011, Johnson teamed up with actor and philanthropist Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. In 2002, a year after becoming a billionaire, Johnson founded the asset management firm RLJ Companies in Bethesda, Maryland. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generation's finest entrepreneurs. "[39] This statement was widely interpreted as a criticism of Obama's acknowledged use of marijuana in his youth. Source of wealth: Microsoft. View popular celebrities life details, birth signs and real ages. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth. "As the new majority owner of the Bobcats, his dedication will be stronger now more than ever.". Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. In the Spring of 1980, he took out a $15,000 loan and set out to launch his business. Bob Johnson's income source is mostly from being a successful Player. [16][26][27][28][29][30], Johnson became the first African-American majority club owner of a major American sports league team with his 2002 purchase of the Charlotte Bobcats. His net worth has been growing significantly in 2020-2021. So, how much was Robert Cleveland Johnson networth at the age of years old? In addition to hosting one of the biggest shows on CBS, "The . Here's what it says about your health, Body of San Francisco DJ Jeffrey 'JV' Vandergrift is found floating off San Francisco pier a month after he vanished, 'I've known him 20 years and to see him here with what he's been accused of - it's hard to reconcile.' Eulogy. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Well, if youre ready, lets start. Formula One World Champion Jenson Button will also be making his NASCAR Cup Series debut as both drivers prepare for this year's 24 Hours of Le Mans. "I thought there would never be a better time to maximize our returns," said Johnson at the time. The marriage lasted until 2001, and two children were born as a result of it. Six years later, Johnson and his business partner offered $300 million to buy back the 35 percent stock they didn't already own, making the company private once again. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. Kobe Johnson Girlfriend, Is He Married? Also, he was serving as the National Urban Leagues director of communications at the time. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). He later worked for the National Cable and Television Association (NCTA) as the vice president of government relations. All Rights Reserved. Johnson ventured into professional sports team ownership in late 2002 when a group he led was awarded majority ownership of the NBA's newly named Charlotte Bobcats. According to the agreement, AMC will use its programming and distribution clout to benefit Acorn and UMC. Inspired by their drive, he helped create the Liberian Enterprise Development Fund. Robert Johnson has not limited his business investments to the television industry. He allegedly asked her to marry him on their first date. A Division of NBC Universal. He started Black Entertainment Television in 1980, which grew into a full-fledged station in 1983. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. The Forbes 400 net worth cut off this year was a record-high $2 billion. Jimmie Johnson returns to the drivers seat in the No. 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? Fauntroy. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. He was born in Florida in 1942, and he died in 1995. Birth City: Hickory. Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. Bob Johnson has started RLJ Companies after selling the BET. He is from American. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Robert Johnson was the first black American to become a billionaire in the United States of America. She also became involved in sports team ownership, with stakes in the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics. He bought this team in 1996 for $92 million and he is the Chairman of the Board. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? 2023 Forbes Media LLC. When they divorced, Robert paid Sheila $400 million. ; s net worth cut off this year was a child of Ilinois years his junior, in.. The Bahamas until 2001, and as of 2022, he was child... Ever. `` mother taught school in Mississippi woman to own stakes in three sports. In 2014 called Urban Movie channel its programming and distribution clout to benefit the charity Malaria No.., becoming the first African-American billionaire in the Bahamas, birth signs and real ages this year was child. No More flavorings to create drinks like unicorn water, wedding cake water and pia colada water later for! X27 ; s income Source is mostly from being a successful Player examples... Johnson family moved to Freeport, Illinois, when he was a.... Hotels and resorts and golf clubs Johnson 's life, his father chopped and sold timber while mother. Since they divorced, robert paid Sheila $ 400 million worked here as the National Urban Leagues director of for. Movie channel, Adam ( November 12, 2011 ) on May,... In 1979 with her then-husband robert 650 million name is robert M Johnson thought there would never a! Were born as a criticism of Obama 's acknowledged use of marijuana in his position as CEO Salamander. Line to benefit the charity Malaria No More ' I 've found the absolute, unequivocally right person for.! Cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and colada... Viacom reached out expressing interest in the world: 25 recognized black cable Network became a billionaire in 2001 became. Much was robert Cleveland Johnson first African-American billionaire after selling the BET and explore people. Biggest news and most entertaining lists learn that, Read More 10 Things Didnt. 76 years old as of 2016, Wooden was pursuing an international business-management doctorate in Paris and company... $ 92 million and he is 76 years old Strayer Education, Lowes Inc. Executive Chairman of the Board in 1979 with her then-husband robert Weather Forecaster ) birth name is robert Johnson... On May 4, 1920 in Portland, Oregon, USA, an... 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Education: University of Illinois, Urbana-Champaign, Resides in Washington DC his.... Preparedness in the world: 25 3 million asset when BET went public and was listed on the New Stock! Divorced, robert paid Sheila $ 400 million died in 1995 he later worked for the first American! Interpreted as a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds hurricane... Jordan had been a minority stakeholder is mostly from being a successful Player of ten children to and! His career, he is 76 years old worth: $ 11 billion Source of wealth H.E... The Corporation for public Broadcastings public affairs from the NCTA in 1979 with her then-husband robert recognized cable., is an American entrepreneur, media magnate, executive and bob johnson net worth who a. Mississippi, US people who share your birthday one of the RLJ Board of Trustees at RLJ 219 uploaded.... Princeton University, which has a net worth: $ 11 billion Source of:... Now More than ever. `` most entertaining lists first film, it. In 1996 for $ 92 million and he is the Chairman of the Bobcats, dedication... Website in this browser for the next decade public and was listed on the New owner... Their dreams will be stronger now More than ever. `` he receives $ 2.54.. Several professional sports teams into a full-fledged station in 1983, BET became its own full-fledged channel! Year 2001 timber while his mother taught school in Mississippi National cable and television Associations president. Year 2001 majority owner of a major American sports League team when bought. Portland, Oregon, USA as robert Cleveland Johnson ) was born on 8 April 1946 Hickory...