bob johnson net worthbob johnson net worth

[9][1][10] Johnson's companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. 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. The business is a marketplace for apparel, sneakers, and accessories that are all certified authentic. '"[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]. Like this story? Jackson Lees outspoken progressive ideals have made the 14-term representative a politically polarizing figure, drawing attacks from the likes of Tucker Carlson. He was the ninth of ten children born to Edna and Archie Johnson. Prior to this, Jordan had been a minority stakeholder. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. 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. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. [18] Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. 2023 Celebrity Net Worth / All Rights Reserved. A Division of NBC Universal. I'm writing to apologize to you and your family personally for the un-called-for comments I made at a recent Clinton event. Andrea Russett | Net Worth, Boyfriend, & Wiki, Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. In Africa, he has also formed a $30 million private equity fund. Bob Johnson is 76 years old. Leon Robinson an actor, music executive L.A Reid and Bill Clintons former Chief of Staff, Mack McLarty were intimate ceremony guests in the occasion. Birth Year: 1946. It expanded in both the traditional and digital markets. [8][31][32] In 2010, Johnson sold his majority stake in the Charlotte Bobcats to Michael Jordan. Bob Johnson Net Worth. Robert Johnson, founder of Black Entertainment Television (BET). His net worth has been growing significantly in 2022-2023. As the company has since taken a plunge in value, Johnson's net worth has dropped to $550 million, Forbes reported. He was the former Chairman Executive Officer of Black Entertainment Television. 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. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. In the same university, Bob was a member of the Kappa Alpha Psi fraternity. The pair got married in 2016 and divorced in 2020. BET would only air for two hours on Friday Night when it was launched in 1980. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. Even in retirement Robert Johnson continues to serve on many boards. [1][2][3][4][5][6] He is the co-founder of BET, which was acquired by Viacom in 2001. 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. His marriage lasted for thirty three years from 1969 to 2009. Davis and XTO Energy founder Bob Simpson led a group of investors who backed Nolan Ryan to buy the Texas Rangers . He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. 4. Francesco Molinari Net Worth: $20 Million Teeing off in twenty-fifth place is Francesco Molinari. 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.. Here is the richest billionaire in every state; net worths are as of March 18, 2020. Currently, he is the founder and also the chairman of RLJ Development. 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 time frame for exercising those warrants is open-ended, AMC said. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. "I thought there would never be a better time to maximize our returns," said Johnson at the time. "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. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. 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!. Bob Johnsons income source is mostly from being a successful Actor. We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth. Bob Johnson weighed 262 lbs (118 kg) when playing. The Clinton campaign denied this, submitting that the comments were referring to Obama's work as a community organizer. Bob Johnson was born in Aurora, IL. When BET was bought by Viacom, he made an asset sale of $3million in 2001. Bob Johnson is a member of Hockey Coach [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. ': Trump issues ANOTHER threat and tells 'Soros-backed animal' Alvin Bragg to drop the case - as grand jury is cancelled for the rest of the week and questions grow about looming indictment, DeSantis' Ukraine u-turn: Florida Governor now says his 'territorial dispute' comments were 'mischaracterized', calls Putin a war criminal and says Russia is 'basically a gas station with a nuclear weapons', DeSantis says Trump should've given up power like George Washington after election loss and January 6: Florida Gov. Later that year, Viacom paid $3 billion for BET, and Bob made a tidy profit on the deal. Birth State: Mississippi. Continue with Recommended Cookies, Your email address will not be published. As of 2013, Johnson was a member of the board of directors for RLJ Lodging Trust, RLJ Entertainment, Inc., KB Home, Lowe's Companies, Inc., Strayer Education, Think Finance, Inc., NBA Board of Governors, The Business Council, and the Smithsonian Institution's National Museum of African American History and Culture. ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. 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:. Save my name, email, and website in this browser for the next time I comment. Robert Johnson was born on April 8, 1946. "We were at $32 a share. Will Johnson & Johnson Stock Rise Post Q1? Bob Joh. Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. He was hired as the Public Affairs Director at the Corporation of Public Broadcasting in 1972. So, how much was Robert Cleveland Johnson networth at the age of years old? His net worth has been growing significantly in 2021-2022. The Johnson family moved to Freeport, Illinois when Robert was young. These include Lowes Company and the Smithsonian Institutions National Museum of African American History and Culture. Bob became the first American majority owner of a major American Sports League team when he bought the Charlotte Bobcats in 2002. In the Spring of 1980, he took out a $15,000 loan and set out to launch his business. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. However, from the sale, Johnson became the first African-American billionaire in history. After all, at the beginning of his career, he was the Press Secretary for the controversial Presidental candidate Walter E. Fauntroy. I hope that you will accept this apology. Bob Johnson's income mostly comes from and basic source was being a successful American actor and voice actor (1920-1993). Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. [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. Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. Robert and Sheila Johnson were married from 1969-2002. Where was Bob Johnson born? 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. Johnson proposed to Wooden in Paris last December with a little help from best man, Franco Nuschese, who owns Georgetown's Cafe Milano. Bill Gates. Through the experience, Bob was able to learn the power of untapped potential of television. When he was a kid, he moved with his family to Freeport, Illinois. [12][14] When the network launched in 1980, it only aired for two hours on Friday night. At 73 years old, Bob Johnson height not available right now. He also owns over 13,755 units of RLJ Lodging Trust Stock. [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. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. Bob Johnson's income source is mostly from being a successful Actor. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. $72 k-$82 k USD: Net Worth (approx.) Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship. 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. BET was the first major TV network aimed towards African-Americans. Discover today's celebrity birthdays and explore famous people who share your birthday. It was reaching tens of millions of viewers. Early Life His birthplace is the United States of America. I was not afraid of getting my hands dirty. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. Today, Johnson is the owner and chairman of asset management firm RLJ companies, which he founded in 2004. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. Butt Florence Butt founded H-E-B grocery store in Texas in 1905, which her son Howard expanded throughout the state when he took. 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