ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. . For his contributions to many charity organizations, notably Malaria No More in 2012, Bob was voted one of the greatest philanthropists. [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. '"[44], During the 2020 election, Johnson made comments implying that he supported President Trump, stating "[w]here I come out as a businessman, I will take the devil I know over the devil I don't know anytime of the week."[45]. How old is Bob Johnson? [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. He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. We ended up buying the company back at $62 a share.". In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Early Life His birthplace is the United States of America. Fauntroy. In 2002, Bob purchased Charlotte Bobcats becoming the first American majority club owner of a major American Sports League team. Birth date: April 8, 1946. Robert Johnson would stay on as CEO of BET for the next three years. 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. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. Farm Heroes Saga, the #4 Game on iTunes. He was the ninth of ten children born to Edna and Archie Johnson. He was born on 8th April 1946 in Hickory, Mississippi, US. "John and I were looking at the business, and the market wasn't giving us the valuation it did to others," Johnson told Fortune in 2012. 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. Bob Johnson has a net worth of $1 Billion. He was the first black American billionaire named by Forbes Magazine. Bob Johnson is 79 years old. How tall is Bob Johnson? 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. The consent submitted will only be used for data processing originating from this website. Best remembered by the public as the voice on the tape recorder giving Jim Phelps his mission on "Mission: Impossible" (1966) and "Mission: Impossible" (1988). Robert Johnson was the first black American to become a billionaire in the United States of America. [47] They married in May 2016; Greg Mathis officiated,[48] and divorced in 2020. When BET was bought by Viacom, he made an asset sale of $3million in 2001. [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. "I was not afraid of getting my hands dirty.". Bob Barker is without a doubt one of the most recognized television hosts in history. Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? have dragged Johnson's net worth to $550 million, we estimate. He launched Black Entertainment Television in 1980 which late became a full-fledged channel in 1983. Bob Johnson later ventured into hotel real estate investment, private equity , financial services, asset management, automobile dealership , entertainment and sports, and video lottery terminal gaming through a singular holdings company outfit; The RLJ Companies, headquartered in Bethesda, Maryland. 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. He went on to Princeton University where he received his Masters Degree in International Affairs in 1972. Bob Johnson weighed 262 lbs (118 kg) when playing. 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. Although he says his family was not exceptionally poor, Johnson frequently joked that he had to push his way to the dinner table "to get his fair share," according to the Washington Post. He also owns over 13,755 units of RLJ Lodging Trust Stock. Currently, there is a lot of positive discussion and criticism about him. [12], Johnson founded The RLJ Companies, a holding company with a diverse portfolio including hotel real estate investment, private equity, financial services, asset management, automobile dealerships, sports and entertainment, and Video lottery terminal gaming. [8][31][32] In 2010, Johnson sold his majority stake in the Charlotte Bobcats to Michael Jordan. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. He is a member of famous Actor with the age 73 years old group. Bob Johnson's income mostly comes from and basic source was being a successful American actor and voice actor (1920-1993). 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. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. [8] He became the first African-American billionaire in 2001. 4. Required fields are marked *. 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. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. Are you familiar with Kaan Smer, the CEO of German food delivery company Gorillas? It was around the same time that he worked in the office of the National Urban League as the director of communications. [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. 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. $1 Billion The Black Entertainment Television (BET) was a first of its kind cable aimed at African-Americans. Five years later she agreed. His net worth has been growing significantly in 2021-2022. Robert went on to found RLT Companies while Sheila pursued a career as a producer. He and his company, RLJ Companies LLC, has worked with several professional sports teams. sold his majority stake in 2010 to Michael Jordan, Robert and Sheila Johnson Divorce Settlement, If Michael Jordan Sells The Charlotte Hornets, He'll Be The Undisputed Financial GOAT Of GOATS, Of The 607 American Billionaires, Only Five Are Black, The 10 Most Successful African American CEOs. As Black History Month comes to a close, here are five things to know about him: Johnson created BET, a prominent cable station targeted toward an African-American audience, in 1980. As the company has since taken a plunge in value, Johnson's net worth has dropped to $550 million, Forbes reported. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. Eddy Lu is an American businessman and entrepreneur. Do not sell or share my personal information. In 2006 Johnsons RLC Companies partnered with Harvey Weinstein to create Our Story Films. In 2010, following the Bobcats' first-ever winning season, Johnson sold his majority stake in the team to Michael Jordan. Following his graduation from Princeton, Johnson entered the television industry as the public affairs director for the Corporation for Public Broadcasting. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. As a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds for hurricane preparedness in the Bahamas. 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. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. He remained in his position as CEO of BET until 2006. Net Worth: $76 B. In 2002, a year after becoming a billionaire, Johnson founded the asset management firm RLJ Companies in Bethesda, Maryland. In 2010, he sold the Charlotte Bobcats to Michael Jordan for a majority ownership. A fresh take on sports: the biggest news and most entertaining lists. As of 2022, Bob Johnsons net worth is expected to be $1 billion. Recently, Johnson has supported President Donald Trump because he believes President Trumps administration has decreased unemployment of black Americans. He is a retired meteorologist and former regional television weather presenter on Tyne Tees news. So, how much is Bob Johnson worth at the age of 73 years old? Continue with Recommended Cookies, Your email address will not be published. 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. . 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 America's first black self-made millionaire has married his girlfriend of five years in front of 100 close friends in California. Should You Buy The Botox Maker Over Johnson & Johnson Stock? We have estimated Bob Johnson's net worth , money, salary, income, and assets. [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. Currently, Lee is practicing the smidgen of Chinese that he picked up while visiting the Chinese mainland in hopes of someday being able to read certain historical texts in their original language. 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. Johnson grew up in Freeport, Illinois, the 9th of 10 children. Bob has achieved much in his right. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. Like this story? Eventually, in 1983, BET became its own full-fledged independent channel. Currently, he is running Lenskart, which is an Indian retail chain that sells prescription eyewear. 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. 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.' In 2011, Johnson teamed up with actor and philanthropist Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. View popular celebrities life details, birth signs and real ages. [3][7] Johnson is the former majority owner of the Charlotte Bobcats. According to reports, the estimated net worth of Bob Lee is around $10 million. 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. Operated by AMC Networks, it was created to offer original films and television series aimed at African-American audiences. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. . Bob has accomplished a great deal on his own. I'm writing to apologize to you and your family personally for the un-called-for comments I made at a recent Clinton event. After earning his Masters Degree at Princeton, Robert Johnson headed to Washington DC where he was introduced to the television industry. 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. 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. Arpad Busson Net Worth. 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'? How tall is Bob Johnson? [3][4] Johnson graduated from the University of Illinois in 1968 with a bachelor's degree in social studies. What is Cash App all about? [5][37][38] The fund provides credit for Liberian entrepreneurs. 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. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. He was also Congressman Walter E. Fauntorys press secretary. 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He is best known as the creator and host of The Joy, Read More 20 Bob Ross Quotes That Apply to BusinessContinue. 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. The co-founder of the Black Entertainment Television cable network became a billionaire in 2001 when he sold BET to Viacom. In this position is where he learned of the power and untapped potential of television. 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. All Rights Reserved. Later that year, Viacom paid $3 billion for BET, and Bob made a tidy profit on the deal. The following year, he released a neckwear line to benefit the charity Malaria No More. Birth State: Mississippi. Bob Johnson Net Worth. It started 11 years ago and has 219 uploaded videos. This achievement, not only makes the show itself the longest-running daytime game show, but it makes Bob Barker one of the longest-running game show hosts!. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. $72 k-$82 k USD: Net Worth (approx.) Bob Johnson has a net worth of $1 Billion. BET would continue to grow over the next decade. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. The estimated Net Worth of Robert D Johnson is at least $14.3 Million dollars as of 1 December 2022. Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. In the Major League Sports Franchise of North America, he is the first Black American as well. As of 2022, Bob Johnson's net worth is expected to be $1 billion. Bob Johnson is an American YouTube channel with over 178.00 subscribers. 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 is the chief executive officer of a company called GOAT Group. He was born on 8th April 1946 in Hickory, Mississippi, US. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. Butt Florence Butt founded H-E-B grocery store in Texas in 1905, which her son Howard expanded throughout the state when he took. Learn How rich is He in this year and how He spends money? Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. "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! 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Decreased unemployment of Black Americans and has bob johnson net worth uploaded videos television hosts in history potential of television divorced... In 2012 that his only entrepreneurial experience was a paper route as a result his...
