In 2016 Robert Johnson married again. He worked here as the Corporation for Public Broadcastings Public Affairs Director. Bob Johnson is 6-5 (196 cm) tall. According to our Database, He has no children. 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. Good luck on the campaign trail. He earned the money being a professional Hockey Coach. Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . For his contributions to many charity organizations, notably Malaria No More in 2012, Bob was voted one of the greatest philanthropists. Here he served for the Corporation for Public Broadcasting as the Public affairs director. 84 Chevrolet Camaro for this weekends NASCAR Cup Series race at Circuit of The Americas. The marriage lasted until 2001 having sired two children. [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. 5. He was born in Florida in 1942, and he died in 1995. Don't miss: These two men paid over $650,000 for lunch with Warren Buffetthere are 3 things they learned, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. Born in 8 April 1946 in Hickory Mississippi, Bob was the ninth of the ten children to Archie JOHNSON AND Edna Johnson. He was the former Chairman Executive Officer of Black Entertainment Television. By 1983 BET was a full-fledged cable network averaging a half million viewers a week. [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. In 2000, he became the first African-American billionaire after selling the network. What is Bob Johnson's net worth? Source of wealth: Microsoft. Bob Johnson (actor) Net Worth. He eventually became the National Cable and Television Associations vice president of government relations (NCTA). "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. [17], By January 2009, Ion Media had another subchannel network, Urban TV, in the works with him targeted to African-Americans. Currently, he is the founder and also the chairman of "RLJ Development". In 1991 BET became the first black-controlled company that was listed on the NYSE. How much did Bob Johnson weigh when playing? How Much Money Do Consumers Spend During Memorial Day? "I was not afraid of getting my hands dirty.". At the time, BET reached 62.4 million. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. In 2008 he supported Hillary Clinton over Barack Obama as a potential Presidential candidate, raising some eyebrows. [3] His parents moved the family to Freeport, Illinois, when he was a child. 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. In 2011, Johnson teamed up with actor and philanthropist Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. 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. Also View Alvin Martins Net Worth. Eddy Lu is an American businessman and entrepreneur. 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. 590 SOURCE OF WEALTH . 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. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. Bob Johnson was born in Gary, IN. Best Known For: Robert L. Johnson . Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? In 2001, he was named Americas first billionaire, with his companies counting among the most prominent African-American businesses in the early twenty-first and late twentieth centuries. When BET was bought by Viacom, he made an asset sale of $3million in 2001. Amy Johnson is an American journalist currently working as a News Anchor/Reporter for the . [5][37][38] The fund provides credit for Liberian entrepreneurs. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. [47] They married in May 2016; Greg Mathis officiated,[48] and divorced in 2020. [3][4], After graduating from Princeton, Johnson found a job in Washington, D.C., which introduced him to the television industry. The Johnson family moved to Freeport, Illinois when Robert was young. In 1969, Bob married Sheila Johnnson. 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. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. When was Bob Johnson born? Will Johnson & Johnson Stock Rise Post Q1? He was the former Chairman Executive Officer of Black Entertainment Television. When was Bob Johnson born? As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. $1 million- $4 million USD: We know Bob Johnson is a Not Available Certified Public AccountantFormer Pulaski County Justice of the peace. At that time he was the part of Kappa Alpha Psi fraternity. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley, California, with Greg Mathis officiating. Age, Family & Net Worth. $1 Billion Robert L. Johnson is the founder of Black Entertainment Television. Birth State: Mississippi. 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. He got married to Sheila Johnson in 1969. 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 . Johnson has also received several awards and honors for his philanthropic contributions. 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. Bill Gates. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. We are no longer accepting comments on this article. Your email address will not be published. He is an American businessman who is better known as Bob Johnson. 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 consent submitted will only be used for data processing originating from this website. Bob Johnson's income mostly comes from and basic source was being a successful American actor and voice actor (1920-1993). Bob Johnson was born in Aurora, IL. Much of the money raised in the public offering was used to pay off debt and buy back stocks that were owned by another media conglomerate, Great American Broadcasting. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. What is Cash App all about? Continue with Recommended Cookies, Your email address will not be published. He is from American. Bob Johnson's income source is mostly from being a successful Player. We have estimated Bob Johnson's net worth, money, salary, income, and assets. After earning his Masters Degree at Princeton, Robert Johnson headed to Washington DC where he was introduced to the television industry. Robert Johnson met Sheila Crump while students at the University of Ilinois. He later worked for the National Cable and Television Association (NCTA) as the vice president of government relations. How old is Bob Johnson? Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. Robert Johnson, founder of Black Entertainment Television (BET). These are the 25 richest golfers in the world: 25. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. $1 Billion Bob Johnson, 70, the founder of BET, has married his 37-year-old girlfriend; . [4][12][13] He later became vice president of government relations at the National Cable and Television Association (NCTA). In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. Robert Johnson was the first black American to become a billionaire in the United States of America. He is currently single. [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. [11] Johnson worked as a press secretary for Congressman Walter E. In 1969, Johnson wed his wife Sheila Johnson, with whom he co-founded BET. 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. His net worth has been growing significantly in 2020-2021. His father was a farmer while his mother was a school teacher. He went on to Princeton University where he received his Masters Degree in International Affairs in 1972. Robert and Sheila founded the Black Entertainment Television network in the late 1970s with a $15,000 personal loan. Two years after that, it turned a profit for the first time. 10. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. At the time, BET reached 62.4 million homes. 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. [12][14] In 1998, Johnson and Liberty Media bought all outstanding shares of the company. Monthly Income/Salary (approx.) Bob Johnson Net Worth. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. [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. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. [8][31][32] In 2010, Johnson sold his majority stake in the Charlotte Bobcats to Michael Jordan. The Bob Johnson Auto Group is owned by Gregory Stahl and John Love. Francesco Molinari Net Worth: $20 Million Teeing off in twenty-fifth place is Francesco Molinari. [9][1][10] Johnson's companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. We will update Bob Johnson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 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. his net worth has been growing significantly in 2021-2022. We have estimated [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. His concentration, dedication, and hard work have assisted him to get this position. Bob Johnson is 6-4 (193 cm) tall. 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. A Division of NBC Universal. Read More 10 Things You Didnt Know about Kaan SmerContinue. He also put $30 million into the Liberia Enterprise Development Fund, a seed fund for Liberians. 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. Jimmie Johnson returns to the drivers seat in the No. The co-founder of the Black Entertainment Television cable network became a billionaire in 2001 when he sold BET to Viacom. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). [3][7] Johnson is the former majority owner of the Charlotte Bobcats. We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth. Axiom Bank N.A. He achieved billionaire status with the sale of BET to Viacom for $3 billion in 2000. 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. Bob attended the University of Illinois where he graduated in 1968 with a bachelors degree in social studies. In 2006 Johnsons RLC Companies partnered with Harvey Weinstein to create Our Story Films. In 2001, media conglomerate Viacom purchased BET for $3 billion, erasing its status as a black-owned business. It was only for two hours a week initially. Having rose into ranks as an African-American, Bob Johnson prides himself a place as one of the greatest entrepreneurs of his time. In addition to hosting one of the biggest shows on CBS, "The . An example of data being processed may be a unique identifier stored in a cookie. Wooden was pursuing an International Business Management doctorate in Paris when they met. The 25 Richest Golfers in the World The list of golfers and figures mentioned below have been compiled from various sources around the web, such as celebritynetworth.com. In 2010, he sold his majority stake to Michael Jordan in a $275 million bid due to a steady decline of the team's value and an annual loss of tens of millions of dollars. The first African-American-targeted cable network was Black Entertainment Television (BET). It was the first African American owned business to do so in the United States of America. Should You Buy The Botox Maker Over Johnson & Johnson Stock? Bio. 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. He is from USA. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). Bob Johnson Net Worth Bob's primary source of wealth has been from various investments that have earned him lots of returns. He is from Minnesota. Ice hockey coach who guided college, international, and professional teams, including the Wisconsin Badgers men's hockey team from 1966 until 1982. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. 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. Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. Johnson became the first black majority owner of an NBA team with the purchase of the Charlotte Bobcats. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship. 2023 Celebrity Net Worth / All Rights Reserved. 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.' His net worth has been growing significantly in 2021-2022. Following his graduation from Princeton, Johnson entered the television industry as the public affairs director for the Corporation for Public Broadcasting. 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