bob johnson net worthbob johnson net worth

Robert Johnson was born on April 8, 1946. 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. Bob Johnson has a net worth of $1 Billion. Play it now! 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. 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. Around the same time he also worked as the director of communications for the Washington, D.C. office of the National Urban League. 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. BET launched in 1980 just a few hours of airtime a week. [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. So, how much is Bob Johnson worth at the age of 62 years old? 84 Chevrolet Camaro for this weekends NASCAR Cup Series race at Circuit of The Americas. 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. "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! RLJ Companies Following the sale of BET, Robert and Sheila divorced. He sold stock worth over $8.1 million from RLJ. His net worth has been growing significantly in 2020-2021. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. Soon after, Johnson became the Press Secretary for Walter E. Fauntroy when the Civil Rights advocate and delegate to the US House of Representatives while he was running for President of the US for the democratic party. 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 2001 he became billionaire after selling the station to . Bob Johnson Net Worth. He was born in Florida in 1942, and he died in 1995. But it wasn't the first time Johnson proposed to Wooden. Here we are updating just estimated networth of Robert . [1][2][3][4][5][6] He is the co-founder of BET, which was acquired by Viacom in 2001. Happiness only begins to describe how I feel,' Johnson told the Washington Post. His net worth has been growing significantly in 2021-2022. He launched Black Entertainment Television in 1980 which late became a full-fledged channel in 1983. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. 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. In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange, according to CNN Money. We have estimated Bob Johnson's net worth, money, salary, income, and assets. He was the former Chairman Executive Officer of Black Entertainment Television. "I always worked," he told CNN Money. 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. "I thought there would never be a better time to maximize our returns," said Johnson at the time. He excelled in school. The business is a marketplace for apparel, sneakers, and accessories that are all certified authentic. America's first black self-made millionaire has married his girlfriend of five years in front of 100 close friends in California. Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. The talented and skilled Robert Johnson would next become the Vice President of Government Relations for the National Cable and Television Association. [46] Johnson began dating Lauren Wooden, who is 33 years his junior, in 2010. Robert Johnson was the first black American to become a billionaire in the United States of America. Jackson Lees outspoken progressive ideals have made the 14-term representative a politically polarizing figure, drawing attacks from the likes of Tucker Carlson. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. To mention but some, they include Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. Johnson grew up in Freeport, Illinois, the 9th of 10 children. Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. Bob Johnson was born in in March 4, 1931. 2023 Forbes Media LLC. Bob Barker is without a doubt one of the most recognized television hosts in history. Notably, hip hop artist Nelly became a co-owner. He was born on 8th April 1946 in Hickory, Mississippi, US. Johnson created a line of neckties which proceeds would be donated for the cause. 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. 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.' [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. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. [3][4] While at the University of Illinois, Johnson became a member of the Beta chapter of Kappa Alpha Psi fraternity. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. Scientists reveal the best way to eat an Oreo to make sure you get creme on BOTH sides of biscuit, Wild moment woman gets CARRIED off Frontier flight by cops at Miami airport after foul-mouthed brawl with another passenger, Harvard astronomer believes meteorite that exploded over the south Pacific in 2014 was an ALIEN PROBE - and he's launching a $1.5M mission to prove it, JP Morgan is SUED by couple who say investment bank SOLD $10m in jewelry they left in safety deposit box, Stormy Daniels says her phone records are going to HURT Trump after she handed them to her attorney - and insists she is going to have the last laugh, Is this the smoking gun? Arpad Busson Net Worth. Laurens records show that she was pursuing a doctorate in international business management in Paris. He stands 1.7 meters tall and weighs 79 kilograms. After earning his Masters Degree at Princeton, Robert Johnson headed to Washington DC where he was introduced to the television industry. He was the first black person to be included in the Forbes Worlds Rich List. As a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds for hurricane preparedness in the Bahamas. He is most known for his hosting CBS's "The Price Is Right" from 1972 all the way to 2007. Bob Johnson was born on April 25, 1943. That's enough to be one of 10 most expensive divorce settlements of all time. His father worked as a farmer, and his mother taught. In 1969, Bob Johnson married Sheila Johnnson. How old is Bob Johnson? Birth State: Mississippi. The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. He is a businessman and the owner of the Pittsburgh Pirates. News on all your favorite celebs, reality TV, and movies. [3][4] Johnson graduated from the University of Illinois in 1968 with a bachelor's degree in social studies. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. 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. [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. He has served on the board of directors at various organizations and firms. Bob Johnson's Net Worth: $1-5 Million. 1. The principal source of wealth of Bob Johnson has come from a range of high-return investments. Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. have dragged Johnson's net worth to $550 million, we estimate. [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. What was the Net Worth of Bob Lee? [33], In 2016, Johnson finalized a partnership agreement with AMC Networks through his RLJ Company after launching his own video on demand streaming service Urban Movie Channel in 2014. He was the ninth of ten children born to Edna and Archie Johnson. 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. In 1991 BET became the first black-controlled company that was listed on the NYSE. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. He married Lauren Wooden, 33 years his junior. He also became famous by the title First African-American Billionaire in the year 2001. 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. 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. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. Bob Johnson's income source is mostly from being a successful Actor. Born in 8 April 1946 in Hickory Mississippi, Bob was the ninth of the ten children to Archie JOHNSON AND Edna Johnson. According to her records, Lauren was pursuing a doctorate in international business management in Paris. [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. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. 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 Joh. His parents eventually moved to Illinois in search of a better life and soon found factory jobs in a working-class town. $1 Billion Robert L. Johnson is the founder of Black Entertainment Television. He is also the first African American principal owner of a major North American sports franchise. As the company has since taken a plunge in value, Johnson's net worth has dropped to $550 million, Forbes reported. I'm writing to apologize to you and your family personally for the un-called-for comments I made at a recent Clinton event. 20 Bob Ross Quotes That Apply to Business, 10 Things You Didnt Know about Kaan Smer, supported Hillary Clinton over Barack Obama, The 10 Richest Neighborhoods in Los Angeles. These include Lowes Company and the Smithsonian Institutions National Museum of African American History and Culture. Bob Johnson Chevrolet Location 1271 Ridge Rd W, Rochester, New York, 14615, United States Description Read More Industry Motor Vehicle Dealers Retail Discover more about Bob Johnson Chevrolet Greg Stahl Work Experience and Education Education BET would only air for two hours on Friday Night when it was launched in 1980. The way to reach here was not easy at all. Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. He also holds over 13,755 shares of RLJ Lodging Trust Stock. All net worths are calculated using data drawn from public sources. 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. 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. They married in 1969 and have two children. . According to our Database, He has no children. Birth City: Hickory. Best Known For: Robert L. Johnson . When BET originally started in 1980, it only broadcast on Friday nights for two hours. $866. Net Worth: $76 B. The Forbes 400 net worth cut off this year was a record-high $2 billion. He went on to Princeton University where he received his Masters Degree in International Affairs in 1972. Kobe Johnson Girlfriend, Is He Married? He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. In 1991, it became the first black-owned firm to be listed on the New York Stock Exchange. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? He is not dating anyone. Will Johnson & Johnson Stock Rise Post Q1? In 2010, he sold the Charlotte Bobcats to Michael Jordan for a majority ownership. No surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue your favorite,... He sold the Charlotte Bobcats to Michael Jordan for a majority ownership the principal source of wealth of bob has... Of 10 most expensive divorce settlements of all time, reality TV, and the Smithsonian Institutions National of! 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