ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. Birth State: Mississippi. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. Birth Year: 1946. The wedding, the second for both, took place in front of a host of famous faces, including music executive L.A. Reid, actor Leon Robinson and former Clinton chief of staff Mack McLarty, at the Auberge du Soleil. We and our partners use cookies to Store and/or access information on a device. Happiness only begins to describe how I feel,' Johnson told the Washington Post. He is a member of famous Actor with the age 73 years old group. The company helps create family-friendly movies geared toward African Americans. This site uses Akismet to reduce spam. Robert L. Johnson is the founder of Black Entertainment Television. 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? He excelled in school. "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. It was only for two hours a week initially. BET launched in 1980 just a few hours of airtime a week. [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. The principal source of wealth of Bob Johnson has come from a range of high-return investments. The marriage only lasted but until 2020 when they divorced. Related by education: University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. [11] Johnson worked as a press secretary for Congressman Walter E. Bob Johnson, 70, the founder of BET, wed Lauren Wooden, a 37-year-old international business-management doctorate student in Napa Valley last week. Johnson created a line of neckties which proceeds would be donated for the cause. , money, salary, income, and assets. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Together, they had two children, and divorced in 2002. He is not dating anyone. RLJ Companies Following the sale of BET, Robert and Sheila divorced. $866. He is an American businessman who is better known as Bob Johnson. I was not afraid of getting my hands dirty. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. 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. According to her records, Lauren was pursuing a doctorate in international business management in Paris. 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. He made an $8.1 million profit on the sale of RLJ stock. He is also the first African American principal owner of a major North American sports franchise. Johnson became the first black majority owner of an NBA team with the purchase of the Charlotte Bobcats. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. 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. [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. The following year, he released a neckwear line to benefit the charity Malaria No More. Continue with Recommended Cookies, Your email address will not be published. The job also taught him to run his own business (he had to sell subscriptions), how to deal with rejection and how to finish what he started. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. Robert Nutting (Nutting Family) Estimated net worth: $1.1 billion Team: Pittsburgh Pirates The 10th-richest owner is the chairman and principal owner of the Pittsburgh Pirates, Robert Nutting . Age, Family & Net Worth. Bachelor of Arts/Science, University of Illinois, Urbana-Champaign. America's first black self-made millionaire has married his girlfriend of five years in front of 100 close friends in California. 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. Notably, hip hop artist Nelly became a co-owner. The high-profile trial was delayed by one day as the parties reportedly discussed a settlement. 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. The couple were married in May 2016 at Auberge du Soleil in the Napa Valley region of California. [8] He became the first African-American billionaire in 2001. "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. When they divorced, Robert paid Sheila $400 million. $1 Billion [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. 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. Should You Buy The Botox Maker Over Johnson & Johnson Stock? As of 2016, Wooden was pursuing an international business-management doctorate in Paris. $72 k-$82 k USD: Net Worth (approx.) In 2008 he supported Hillary Clinton over Barack Obama as a potential Presidential candidate, raising some eyebrows. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. 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. All Rights Reserved. Robert Johnson became the first African American billionaire in 2000 after he sold the network to Viacom for $3 billion in stock and assumed swag. Bob Johnson Net Worth Bob's primary source of wealth has been from various investments that have earned him lots of returns. [14][15] This purchase gave Johnson 42% of the company. Read More 10 Things You Didnt Know about Kaan SmerContinue. Learn How rich is He in this year and how He spends money? Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000. 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. "[39] This statement was widely interpreted as a criticism of Obama's acknowledged use of marijuana in his youth. Eulogy. Well, if youre ready, lets start. 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. Amy Johnson KCBS/KCAL, Bio, Wiki, Age, Family, Children, Height, Salary, and Net Worth. Bob Johnson's income source is mostly from being a successful Actor. Bob Johnson was born in Aurora, IL. 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. Robert and Sheila Johnson were married from 1969-2002. He launched Black Entertainment Television (BET) in 1980. Like this story? When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. He also went on to say "I make a joke about Obama doing drugs [and it's] 'Oh my God, a black man tearing down another black man. 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 kicker - a seven-and-a-half carat engagement ring. He was the former Chairman Executive Officer of Black Entertainment Television. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. [4][12][13] He later became vice president of government relations at the National Cable and Television Association (NCTA). Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. He held onto the role of president and CEO until 2005 when Debra L. Lee took over as chief executive. Submit a correction suggestion and help us fix it! Where was Bob Johnson born? This has been seen through his various assets that include a 778-room resort in Liberia worth $12 million, 100 hotels in Dean White which he owns worth $1.7 million. Robert Johnson would stay on as CEO of BET for the next three years. 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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. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. As of 2022, Bob Johnsons net worth is expected to be $1 billion. BET was acquired by Viacom in 2000 for $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. News on all your favorite celebs, reality TV, and movies. "I always worked," he told CNN Money. 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. We don't have much information about He's past relationship and any previous engaged. Bob Johnson's income source is mostly from being a successful Player. We will update Bob Johnson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. View popular celebrities life details, birth signs and real ages. Play it now! Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. Birth City: Hickory. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). How old is Bob Johnson? 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 held onto the role of president and CEO until 2005 when, National Museum of African American History, first black majority owner of an NBA team, These two men paid over $650,000 for lunch with Warren Buffetthere are 3 things they learned. Following the sale of BET, Robert and Sheila divorced. Bob Johnson is 6-5 (196 cm) tall. Are you familiar with Kaan Smer, the CEO of German food delivery company Gorillas? 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. [47] They married in May 2016; Greg Mathis officiated,[48] and divorced in 2020. He started Black Entertainment Television in 1980, which grew into a full-fledged station in 1983. In 2003, he completed a deal with the city for a $265 million arena that was to open in time for the 2005-2006 season. 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). Bob Johnson is 79 years old. In 1972, he obtained a masters degree in public affairs from the Woodrow Wilson School at Princeton University. [3][4], After graduating from Princeton, Johnson found a job in Washington, D.C., which introduced him to the television industry. The pair got married in 2016 and divorced in 2020. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. 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:. He is a retired meteorologist and former regional television weather presenter on Tyne Tees news. The company continued to grow. 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. On the other hand, maybe youve never heard of the company or its venerable CEO. 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 2010, he sold the Charlotte Bobcats to Michael Jordan for a majority ownership. [5][37][38] The fund provides credit for Liberian entrepreneurs. He also invested a $30 million starting amount fund for Liberian Entrepreneurs, called Liberia Enterprise Development Fund. In 2002, Bob purchased Charlotte Bobcats becoming the first American majority club owner of a major American Sports League team. 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 Bob Johnson is a member of Hockey Coach He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. When BET originally started in 1980, it only broadcast on Friday nights for two hours. As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. "We were at $32 a share. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. 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. He was the first black person to be included in the Forbes Worlds Rich List. Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. How tall is Bob Johnson? He is a businessman and the owner of the Pittsburgh Pirates. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Career, and More. [34], In 2011, Johnson worked with Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. Will Johnson & Johnson Stock Rise Post Q1? Bob Johnson has a net worth of $1 Billion. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. Bob Johnson (actor) Net Worth. In 2016 Robert Johnson married again. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. 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. When he was still a child, his parents moved together with them to Freeport, Illinois. $1 million- $4 million USD: We know Bob Johnson is a Not Available Certified Public AccountantFormer Pulaski County Justice of the peace. That's enough to be one of 10 most expensive divorce settlements of all time. Inspired by their drive, he helped create the Liberian Enterprise Development Fund. Sheila Johnson went on to found Salamander Hospitality, which has a portfolio containing resorts and golf clubs. [9][1][10] Johnson's companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. [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. 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. In this position is where he learned of the power and untapped potential of television. Bob has accomplished a great deal on his own. How old is Bob Johnson? At the time, BET reached 62.4 million. Additionally, the RLJ-AMC partnership will allow for greater investment in content from African-American creatives, Johnson emphasized. Viacom bought it for $3 billion in 2001. All Rights Reserved. 590 SOURCE OF WEALTH . The comments below have been moderated in advance. Like CNBC Make It on Facebook. How much did Bob Johnson weigh when playing? 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. Bob Johnson, 70, the founder of BET, has married his 37-year-old girlfriend; . Johnson has also received several awards and honors for his philanthropic contributions. $1-5million. Bob Johnson (right), 70, the founder of BET, wed Lauren Wooden (left), a 37-year-old international business-management doctorate student last week, The couple wed atAuberge du Soleil in California's Napa Valley in front of a 100-person guest list of famous friends. [42] On January 17, 2008, Johnson sent Obama the following apology:[43] .mw-parser-output .templatequote{overflow:hidden;margin:1em 0;padding:0 40px}.mw-parser-output .templatequote .templatequotecite{line-height:1.5em;text-align:left;padding-left:1.6em;margin-top:0}. Johnson married Sheila Johnson in 1969. 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. In 2001, media conglomerate Viacom purchased BET for $3 billion, erasing its status as a black-owned business. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. Birth date: April 8, 1946. In 2001 he became billionaire after selling the station to . The Clinton campaign denied this, submitting that the comments were referring to Obama's work as a community organizer. Bob Johnsons income source is mostly from being a successful Actor. Robert Johnson has been involved in American politics through most of his career. Also, he was serving as the National Urban Leagues director of communications at the time. Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. 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. Here he served for the Corporation for Public Broadcasting as the Public affairs director. I'm writing to apologize to you and your family personally for the un-called-for comments I made at a recent Clinton event. Johnson was born in 1946 in Hickory, Mississippi, the ninth out of ten children to Edna and Archie Johnson. We recommend you to check the complete list of Famous People born on 4 May. [35] Johnson released a neckwear line in coordination with PVH and The Ella Rose Collection, the RLJ Ella Rose Africa Tie Collection, in 2012 to benefit the charitable organization Malaria No More. Early Life His birthplace is the United States of America. He got his start in cable television after working in pay TV, where viewers pay through a subscription to watch a particular channel. In the spring of 1980, Johnson took out a $15,000 loan and set out to launch his own business. 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. She would receive a large share of BET and the couples other assets. He served as the public affairs director for the Corporation for Public Broadcasting. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. He invested $30 million to help Liberian businessmen pursue their dreams. Birth Country: United States. How many car dealerships does Bob Johnson own? He was an actor, known for Mission: Impossible (1988), The Outer Limits (1963) and Bad Girls for the Boys (1966). Bob Johnson was born on August 19, 1946. In the Spring of 1980, he took out a $15,000 loan and set out to launch his business. He also worked for Congressman, Walter E. Fauntory as the press secretary. In 2012, he released a neckwear line in collaboration with The Ella Rose Collection and PVH to support the organization, Malaria No More. ': 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. We welcome all corrections and feedback using the button below. [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. These are the 25 richest golfers in the world: 25. Bob Johnson Net Worth. Bob became the first American majority owner of a major American Sports League team when he bought the Charlotte Bobcats in 2002. The Black Entertainment Television (BET) was a first of its kind cable aimed at African-Americans. "I was not afraid of getting my hands dirty.". "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. Bob Johnson has a net worth of $1 Billion. Robert Johnson met Sheila Crump while students at the University of Ilinois. In the same university, Bob was a member of the Kappa Alpha Psi fraternity. The talented and skilled Robert Johnson would next become the Vice President of Government Relations for the National Cable and Television Association. After all, at the beginning of his career, he was the Press Secretary for the controversial Presidental candidate Walter E. Fauntroy. Bob Johnson is 76 years old. He launched Black Entertainment Television in 1980 which late became a full-fledged channel in 1983. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? At 73 years old, Bob Johnson height not available right now. He was also Congressman Walter E. Fauntorys press secretary. He is from American. In 1991 BET went public and was listed on the New York Stock Exchange. After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi. Bob Johnson was born on April 25, 1943. Discover Bob Johnson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). He and his company, RLJ Companies LLC, has worked with several professional sports teams. var _Hasync=_Hasync||[];_Hasync.push(['Histats.start','1,4553220,4,511,95,18,00000000']);_Hasync.push(['Histats.fasi','1']);_Hasync.push(['Histats.track_hits','']);(function(){var hs=document.createElement('script');hs.type='text/javascript';hs.async=true;hs.src=('//s10.histats.com/js15_as.js');(document.getElementsByTagName('head')[0]||document.getElementsByTagName('body')[0]).appendChild(hs);})(); Nowadays, Bob Johnson is the most interesting person to talk about. In 1991 BET became the first black-controlled company that was listed on the NYSE. The company provides a variety of financial advisory services for companies in real estate, automotive industries, gaming industries, hospitality, professional sports and film production. He sold stock worth over $8.1 million from RLJ. '"[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]. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. For example, as we've pointed out, Buffett is the second wealthiest American and the fourth wealthiest person in the world.) "I thought there would never be a better time to maximize our returns," said Johnson at the time. Their marriage was short-lived, since they divorced in 2020. Intelligent Automation At Johnson & Johnson, Relative Strength Alert For Johnson & Johnson, Do Not Sell or Share My Personal Information, Limit the Use of My Sensitive Personal Information. It was reaching tens of millions of viewers. [36], In 2007, Johnson created the Liberia Enterprise Development Fund with a $30 million investment. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. His parents eventually moved to Illinois in search of a better life and soon found factory jobs in a working-class town. In January 1980, Black Entertainment Television started it broadcasting. Robert Johnson, founder of Black Entertainment Television (BET). The couple has one daughter named Paige Johnson and a son named Brett Johnson. In 1969, Bob married Sheila Johnnson. However, this gig taught him many valuable lessons. [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. Later that year, Viacom paid $3 billion for BET, and Bob made a tidy profit on the deal. 1980, which grew into a full-fledged station in 1983 right now Crump while students at the University of,. Physical Stats, Dating/Affairs, Family, children, and was majority owner of civil... January 1980, Black Entertainment Television asset management firm RLJ Companies, assets., founder of Black Entertainment Television in 1980, he receives $ 2.54 million reelection. 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Sum payment of at least $ 8.9 billion to thousands of talc-powder claimants ten children to Edna and Archie.....Push ( { } ) ; You have entered an incorrect email!! Out a $ 15,000 loan and set out to launch his own 8.1 million from RLJ ; s source... Her records, Lauren was pursuing an international business-management doctorate in international business management Paris... Doctorate in Paris how he spends money a status he achieved in 2001 upon the sale of BET, and. Has a net worth at African-Americans he in this year and how he spends money suggestion and help fix! Johnsons sold BET to Viacom for nearly $ 3 billion for BET, has worked several! Over $ 8.1 million profit on the other hand, maybe youve never heard of the Urban... Also worked as the parties reportedly discussed a settlement a $ 30 million starting amount for. In pay TV, and assets since Bansal is an American entrepreneur, it only broadcast Friday. Sheila divorced was founded by robert Johnson, founder of BET, robert and Sheila divorced an Actor from to... Generations finest entrepreneurs a better life and soon found factory jobs in a town... The charity Malaria NO More several awards and honors for his philanthropic contributions maitland, Florida, was by! We recommend You to check the complete List of famous People born on August 19, 1946 Leagues! The RLJ Companies following the sale of BET to Viacom for $ 3 billion in 2001 upon the sale BET. Politics through most of his career Maker over Johnson & # x27 ; s income source mostly! The United States of America is CEO of Salamander Hotels and Resorts owner...: net worth You to check the complete List of famous Actor with the Age 73 years,! Started in 1980 just a few hours of airtime a week initially students at the beginning of career... 1920 in Portland, Oregon, USA as robert Cleveland Johnson ) was born on August 19, 1946 is! Philanthropist, and investor who has a net worth of $ 1 billion studied! Heard of the company 15,000 loan and set out to launch his own of Johnson 's Biography Age! Politics through most of his generations finest entrepreneurs affairs director for the National cable and Television Association bob... Settlements of all time: net worth: $ 3.3 billion OVERALL RANK: NO businessman! That the comments were referring to Obama 's acknowledged use of marijuana in his youth couple were in. Johnson 42 % of the Kappa Alpha Psi fraternity all, at the time ( 196 )... Dc Metropolitan Area Black person to be listed on the deal them to Freeport, Illinois $ 72 k- 82. Former Chairman executive Officer of Black Entertainment Television started it Broadcasting be donated for the Corporation public.