It was around the same time that he worked in the office of the National Urban League as the director of communications. Here we are updating just estimated networth of Robert . 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. 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. 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. Maybe you know about Bob Johnson very well But do you know how old and tall is he and what is his net worth in 2023? Robert Johnson was the first black American to become a billionaire in the United States of America. Today, Johnson is the owner and chairman of asset management firm RLJ companies, which he founded in 2004. How old is Bob Johnson? 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. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. 4. "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. 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. Farm Heroes Saga, the #4 Game on iTunes. Bob Johnson Net Worth Bob's primary source of wealth has been from various investments that have earned him lots of returns. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. He also put $30 million into the Liberia Enterprise Development Fund, a seed fund for Liberians. 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.' Robert Johnson has given back to his community, his country, and the world. Bob Johnson's Net Worth: $1-5 Million. He made an $8.1 million profit on the sale of RLJ stock. He sold a $3 million asset when BET was purchased by Viacom in 2001. How tall is Bob Johnson? He launched Black Entertainment Television (BET) in 1980. In 2016 Robert Johnson married again. According to her records, Lauren was pursuing a doctorate in international business management in Paris. 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!. [36], In 2007, Johnson created the Liberia Enterprise Development Fund with a $30 million investment. He launched Black Entertainment Television in 1980 which late became a full-fledged channel in 1983. BET would continue to grow over the next decade. Bob Johnson is 6-5 (196 cm) tall. Bob found a position in Washington, DC after graduating from Princeton University, which introduced him to the television industry. Johnson ventured into professional sports team ownership in late 2002 when a group he led was awarded majority ownership of the NBA's newly named Charlotte Bobcats. Should You Buy The Botox Maker Over Johnson & Johnson Stock? Together with Morgan Freeman, Bob raised funds for hurricane preparedness in Bahamas in 2011. [11] Johnson worked as a press secretary for Congressman Walter E. [1][2][3][4][5][6] He is the co-founder of BET, which was acquired by Viacom in 2001. His net worth has been growing significantly in 2021-2022. He is from American. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. 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. Robert Johnson came from humble beginnings. Bob Johnson estimated Net Worth is $1 million- $4 million USD. He was also the Director of Communications for the National Urban League. Amy Johnson KCBS/KCAL, Bio, Wiki, Age, Family, Children, Height, Salary, and Net Worth. 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.. As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. 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. Bob Johnson has a net worth of $1 Billion. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Even in retirement Robert Johnson continues to serve on many boards. Bob Johnson is 76 years old. How Johnson & Johnsons Attempt At A $9 Billion Baby Powder Settlement Impacts Black Women, Progressive Brandon Johnson Elected As Chicago Mayor, Beating Paul Vallas In Crime-Focused Race, Nascar Legend Jimmie Johnson On Safety In Motorsports, His Future, Progressive Firebrand Rep. Sheila Jackson Lee Running For Houston Mayor, Jimmie Johnson, Partner At Legacy Motor Club, To Compete At Le Mans, Jimmie Johnson, Jenson Button Using NASCAR Race At COTA To Help Prepare For 24 Hours Of Le Mans. his net worth has been growing significantly in 2021-2022. That's enough to be one of 10 most expensive divorce settlements of all time. , money, salary, income, and assets. He was hired as the Public Affairs Director at the Corporation of Public Broadcasting in 1972. Bob Johnson has started RLJ Companies after selling the BET. 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 . In 1991 BET became the first black-controlled company that was listed on the NYSE. 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. BET was acquired by Viacom in 2000 for $3 billion. Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship. Bob has achieved much in his right. In 2011, Bob and Morgan Freeman raised donations for hurricane relief in the Bahamas. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Bob Johnson Net Worth by breaking down the 10. In Africa, he has also formed a $30 million private equity fund. Bob Johnson Net Worth. Bob Johnson, 70, the founder of BET, wed Lauren Wooden, a 37-year-old international business-management doctorate student in Napa Valley last week. The company provides a variety of financial advisory services for companies in real estate, automotive industries, gaming industries, hospitality, professional sports and film production. We don't have much information about He's past relationship and any previous engaged. 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. Also, he was serving as the National Urban Leagues director of communications at the time. The consent submitted will only be used for data processing originating from this website. ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. Courtesy of H-E-B Net worth: $11 billion Source of wealth: H.E. In the Major League Sports Franchise of North America, he is the first Black American as well. He has been on the boards of directors of a number of companies and organizations. Bob Johnson Net Worth. [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. 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. Learn how your comment data is processed. Robert went on to found RLT Companies while Sheila pursued a career as a producer. A Division of NBC Universal. Bob Joh. Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. [3][9][12][14] He remained BET CEO until 2006. Continue with Recommended Cookies, Your email address will not be published. Kobe Johnson Girlfriend, Is He Married? [3] They divorced in 2001 and have two children. Two years after that, it turned a profit for the first time. Eddy Lu is an American businessman and entrepreneur. [4][12], Johnson left NCTA in 1979 to create Black Entertainment Television, the first cable television network aimed at African-Americans. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! Birth Year: 1946. Submit a correction suggestion and help us fix it! 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On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. The first African-American-targeted cable network was Black Entertainment Television (BET). TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. Bob Johnson was born on April 25, 1943. 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. The talented and skilled Robert Johnson would next become the Vice President of Government Relations for the National Cable and Television Association. He is best known as the creator and host of The Joy, Read More 20 Bob Ross Quotes That Apply to BusinessContinue. In 1991, it became the first black-owned firm to be listed on the New York Stock Exchange. Jackson Lees outspoken progressive ideals have made the 14-term representative a politically polarizing figure, drawing attacks from the likes of Tucker Carlson. Bob Johnson is an American YouTube channel with over 178.00 subscribers. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. Bob Johnson Net Worth. Discover Bob Johnson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. In 2010, following the Bobcats' first-ever winning season, Johnson sold his majority stake in the team to Michael Jordan. 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