Name: Robert L. Johnson. ^ a b Bryant, Adam (November 12, 2011). When was Bob Johnson born? Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. . Learn how your comment data is processed. He is most known for his hosting CBS's "The Price Is Right" from 1972 all the way to 2007. At 73 years old, Bob Johnson height not available right now. Currently, he is the founder and also the chairman of RLJ Development. In 2001, media conglomerate Viacom purchased BET for $3 billion, erasing its status as a black-owned business. After her divorce in 2002, she sold off her. [12][14] In 1998, Johnson and Liberty Media bought all outstanding shares of the company. How old is Bob Johnson? Their marriage was short-lived, since they divorced in 2020. The estimated Net Worth of Robert D Johnson is at least $14.3 Million dollars as of 1 December 2022. 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. Robert Johnson has not limited his business investments to the television industry. His father was a farmer while his mother was a school teacher. 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. Bob has achieved much in his right. The agreement called for AMC to provide RLJ with a $60 million loan on a seven-year term and $5 million on a one-year term. The time frame for exercising those warrants is open-ended, AMC said. 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. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. 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. The Forbes 400 net worth cut off this year was a record-high $2 billion. He also became famous by the title First African-American Billionaire in the year 2001. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. [14][15] This purchase gave Johnson 42% of the company. In 2012, he released a neckwear line in collaboration with The Ella Rose Collection and PVH to support the organization, Malaria No More. BET was the first major TV network aimed towards African-Americans. 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. Bob Johnson Chevrolet is part of the Automobile Dealers industry, and located in New York, United States. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. 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. How many car dealerships does Bob Johnson own? [3][4] Johnson graduated from the University of Illinois in 1968 with a bachelor's degree in social studies. Eulogy. Also, he was serving as the National Urban Leagues director of communications at the time. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. 2023 Forbes Media LLC. Arpad Busson Net Worth. Johnson has also received several awards and honors for his philanthropic contributions. These are the 25 richest golfers in the world: 25. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange. Robert Johnson has been involved in American politics through most of his career. 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 2007 he visited Liberian business entrepreneurs. Birth Year: 1946. 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. 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:. [18] He was also the only child out of ten to attend college, first obtaining a bachelor's degree from the University of Illinois followed by a master's degree at Princeton University. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. Robert and Sheila founded the Black Entertainment Television network in the late 1970s with a $15,000 personal loan. An example of data being processed may be a unique identifier stored in a cookie. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. But it wasn't the first time Johnson proposed to Wooden. He married Lauren Wooden, 33 years his junior. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. The company helps create family-friendly movies geared toward African Americans. How much did Bob Johnson weigh when playing? have dragged Johnson's net worth to $550 million, we estimate. Farm Heroes Saga, the #4 Game on iTunes. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. Bob Johnson is 79 years old. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. In 1972, he graduated from Princeton Universitys Woodrow Wilson School with a masters degree in public affairs. Bob Johnson is 6-5 (196 cm) tall. BET launched in 1980 just a few hours of airtime a week. [3][7] Johnson is the former majority owner of the Charlotte Bobcats. "I thought there would never be a better time to maximize our returns," said Johnson at the time. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? [2][3] He also founded RLJ Companies, a holding company that invests in various business sectors. "As the new majority owner of the Bobcats, his dedication will be stronger now more than ever.". But soon enough, it started growing. Bob Johnson is an American YouTube channel with over 178.00 subscribers. Robert Johnson, founder of Black Entertainment Television (BET). When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. Your email address will not be published. ': 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. He served as the public affairs director for the Corporation for Public Broadcasting. Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000. Birth date: April 8, 1946. 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. But before any of them appeared on the list, Robert L. Johnson, 75, became the first African-American billionaire in 2001 thanks to the sale of his cable station Black Entertainment Television (BET), Forbes reports. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Birth State: Mississippi. The first African-American-targeted cable network was Black Entertainment Television (BET). Save my name, email, and website in this browser for the next time I comment. The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. The high-profile trial was delayed by one day as the parties reportedly discussed a settlement. 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. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. 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 not dating anyone. Learn How rich is He in this year and how He spends money? 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. Discover today's celebrity birthdays and explore famous people who share your birthday. Recently, Johnson has supported President Donald Trump because he believes President Trumps administration has decreased unemployment of black Americans. Johnson married Sheila Johnson in 1969. He is a businessman and the owner of the Pittsburgh Pirates. The Bob Johnson Auto Group is owned by Gregory Stahl and John Love. Bio. Bob Johnson Net Worth. Save my name, email, and website in this browser for the next time I comment. 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. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. For example, as we've pointed out, Buffett is the second wealthiest American and the fourth wealthiest person in the world.) He got married to Sheila Johnson in 1969. Johnson went on to become a press secretary to Congressman Walter E. Fauntroy. [8][31][32] In 2010, Johnson sold his majority stake in the Charlotte Bobcats to Michael Jordan. A fresh take on sports: the biggest news and most entertaining lists. Bob Johnson, 70, the founder of BET, has married his 37-year-old girlfriend; . Related by education: University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area. Bob Johnson's income source is mostly from being a successful Actor. "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. He post graduated from the Princeton University. Johnson grew up in Freeport, Illinois, the 9th of 10 children. Bob Johnson has a net worth of $1 Billion. Bill Gates. In 2014 Johnson contributed to the Malaria No More campaign, helping many countries combat and prevent the disease of Malaria. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. He is best known as the creator and host of The Joy, Read More 20 Bob Ross Quotes That Apply to BusinessContinue. Also View Alvin Martins Net Worth. He launched Black Entertainment Television (BET) in 1980. Bob Johnson weighed 220 lbs (99 kg) when playing. Fox News Defamation Trial To Start Tuesday After Delay: Heres What To Watch For, Michigan Deserves Accountability For Medicaid, Instead Of Lining The Pockets Of Insurance Companies, 5 Critical Lessons From The Last Writers Strike, Divisive TikTok Trend WaterTok: Why Some Experts Warn Against It And Others Encourage It, Scott Dixon, Jimmie Johnson Lead Motorsports Hall Of Fame Of America Class Of 2024, Youre Already Using AI: Heres Where Its At In Everyday Life, From Facial Recognition To Navigation Apps. I was not afraid of getting my hands dirty. Robert L. Johnson is the founder of Black Entertainment Television. He earned the money being a professional Hockey Coach. How tall is Bob Johnson? What is Bob Johnson's net worth? We ended up buying the company back at $62 a share.". Robert Johnson would stay on as CEO of BET for the next three years. 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. [39][40] Johnson said, "As an African-American, I'm frankly insulted that the Obama campaign would imply that we are so stupid that we would think Bill and Hillary Clinton, who have been deeply and emotionally involved in black issues when Barack Obama was doing something in the neighborhood that I won't say what he was doing, [but] he said it in his book. This is called Second Act by him. It expanded in both the traditional and digital markets. In addition to hosting one of the biggest shows on CBS, "The . Johnson's parents enrolled her in an all-white school in early 1950s Kentucky before desegregation was federally mandated. We have estimated Bob Johnson's net worth , money, salary, income, and assets. He was the first black person to be included in the Forbes Worlds Rich List. "[39] This statement was widely interpreted as a criticism of Obama's acknowledged use of marijuana in his youth. 'I've found the absolute, unequivocally right person for me. 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. Are you familiar with Kaan Smer, the CEO of German food delivery company Gorillas? 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. The studios and the writers can find valuable takeaways from the 2007-'08 strike, including being aware and wary of new technology and keeping an eye on public opinion. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. He was the former Chairman Executive Officer of Black Entertainment Television. Francesco Molinari Net Worth: $20 Million Teeing off in twenty-fifth place is Francesco Molinari. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. 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. RLC Companies is a Holding Company and Asset Management Firm. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. Fauntroy. The successful businessman has become one of the greatest entrepreneurs and philanthropists in the world. He invested $30 million to help Liberian businessmen pursue their dreams. Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. Mr. Johnson owns over 250 units of Roper Technologies Inc stock worth over $2,753,418 and over the last 19 years he sold ROP stock worth over $10,808,423. Required fields are marked *. Best Known For: Robert L. Johnson . Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. 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 graduated in 1968 from the University of Illinois. Happiness only begins to describe how I feel,' Johnson told the Washington Post. [3][4] His mother was a schoolteacher and his father was a farmer. "The best decision I made since acquiring the Bobcats was to convince my friend Michael to become an investor in the Bobcats and to appoint him as managing member of basketball operations," Johnson said in a statement at the time. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. According to her records, Lauren was pursuing a doctorate in international business management in Paris. The Clinton campaign denied this, submitting that the comments were referring to Obama's work as a community organizer. All net worths are calculated using data drawn from public sources. His net worth has been growing significantly in 2022-2023. She would receive a large share of BET and the couples other assets. Net Worth: $76 B. His many properties reflect this, including a 778-room resort in Liberia valued at $12 million and 100 motels in Dean White valued at $1.7 million. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. Eventually, in 1983, BET became its own full-fledged independent channel. Bob Johnson was born on April 25, 1943. Inspired by their drive, he helped create the Liberian Enterprise Development Fund. He has also sat on numerous boards of directors, including those of KB Home; Think Finance; Lowe's Companies; the Smithsonian Institution's National Museum of African American History and Culture; Hilton Hotels; and General Mills. Source of wealth: Microsoft. 2023 Celebrity Net Worth / All Rights Reserved. [46] Johnson began dating Lauren Wooden, who is 33 years his junior, in 2010. How tall is Bob Johnson? He is an American businessman who is better known as Bob Johnson. As of 2022, Bob Johnson's net worth is expected to be $1 billion. Bob found a position in Washington, DC after graduating from Princeton University, which introduced him to the television industry. 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. 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. All Rights Reserved. He sold stock worth over $8.1 million from RLJ. Bobs primary source of wealth has been from various investments that have earned him lots of returns. Bob Johnsons income source is mostly from being a successful Actor. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). A Division of NBC Universal. Around the same time he also worked as the director of communications for the Washington, D.C. office of the National Urban League. 1. 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