He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. [14][15] This purchase gave Johnson 42% of the company. He got married to Sheila Johnson in 1969. He and his company, RLJ Companies LLC, has worked with several professional sports teams. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. In 1991, it became the first black-owned firm to be listed on the New York Stock Exchange. 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. We ended up buying the company back at $62 a share.". 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. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. All net worths are calculated using data drawn from public sources. In my zeal to support Senator Clinton, I made some very inappropriate remarks for which I am truly sorry. He has also made a private equity fund in Africa valued at $30million. Bob Johnson has a net worth of $1 Billion. Bob and Liberty Media bought all outstanding shares of the company in 1998, a purchase that earned him 42% of the company. In 2002, Bob purchased Charlotte Bobcats becoming the first American majority club owner of a major American Sports League team. 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. Robert Johnson met Sheila Crump while students at the University of Ilinois. She would receive a large share of BET and the couples other assets. In 1991 BET became the first black-controlled company that was listed on the NYSE. Your email address will not be published. Bob Johnson Net Worth Bob's primary source of wealth has been from various investments that have earned him lots of returns. Monthly Income/Salary (approx.) How tall is Bob Johnson? [3] He was an honors student in high school. Here we are updating just estimated networth of Robert . His height is 1.7m tall, and weight is 79kg. The marriage only lasted but until 2020 when they divorced. Johnson went on to become a press secretary to Congressman Walter E. Fauntroy. How much did Bob Johnson weigh when playing? The net worth of Bob Johnson's channel through 11 Apr 2023. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. Francesco Molinari Net Worth: $20 Million Teeing off in twenty-fifth place is Francesco Molinari. The RLJ Companies, established in Bethesda, Maryland, later expanded into hotel real estate investment, private equity, financial services, asset management, vehicle dealership, entertainment and sports, and video lottery terminal gambling. Required fields are marked *. Also learn how He earned most of Bob Johnson networth? 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. As a result of his expertise, Bob was able to understand the strength of televisions unrealized potential. The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. According to the agreement, AMC will use its programming and distribution clout to benefit Acorn and UMC. What is Cash App all about? It was the first African American owned business to do so in the United States of America. Operated by AMC Networks, it was created to offer original films and television series aimed at African-American audiences. Johnson's parents enrolled her in an all-white school in early 1950s Kentucky before desegregation was federally mandated. Robert Johnson has been involved in American politics through most of his career. BET would continue to grow over the next decade. 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 . 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. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. "I thought there would never be a better time to maximize our returns," said Johnson at the time. Johnson married Sheila Johnson in 1969. While . The comments below have been moderated in advance. Bachelor of Arts/Science, University of Illinois, Urbana-Champaign. 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 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! He allegedly asked her to marry him on their first date. 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. I hope that you will accept this apology. Bio. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. Viacom bought it for $3 billion in 2001. Save my name, email, and website in this browser for the next time I comment. [3][4], After graduating from Princeton, Johnson found a job in Washington, D.C., which introduced him to the television industry. He later returned to the television industry to become the vice president of government relations at the National Cable and Television Association. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. He however remained CEO for BET until 2006. He teamed with The Ella Rose Collection and PVH in 2012 to produce a neckwear line to promote Malaria No More. The first African-American-targeted cable network was Black Entertainment Television (BET). In 1969, Johnson wed his wife Sheila Johnson, with whom he co-founded BET. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. 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. In 2012, he released a neckwear line in collaboration with The Ella Rose Collection and PVH to support the organization, Malaria No More. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. [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. He also worked for Congressman, Walter E. Fauntory as the press secretary. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi. Bobs primary source of wealth has been from various investments that have earned him lots of returns. He is not dating anyone. He is from USA. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? He was born on 8th April 1946 in Hickory, Mississippi, US. "I said, 'Wow, you could take this concept of technology and target black programming,' which has always been a dream of various individual black media types creating a black-oriented network," he told Fortune in 2002. Bob Johnson is a member of Hockey Coach Warren . Two years after that, it turned a profit for the first time. Even in retirement Robert Johnson continues to serve on many boards. He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. [11] Johnson worked as a press secretary for Congressman Walter E. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. [3] They divorced in 2001 and have two children. The following year, he released a neckwear line to benefit the charity Malaria No More. Bob Johnson Net Worth. What is Bob Johnson's net worth? 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. 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. His net worth has been growing significantly in 2021-2022. Bob Johnsons income source is mostly from being a successful Actor. Robert Johnson was the first black American to become a billionaire in the United States of America. Robert Johnson would stay on as CEO of BET for the next three years. In 2008 he supported Hillary Clinton over Barack Obama as a potential Presidential candidate, raising some eyebrows. They married in 1969 and have two children. 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. We recommend you to check the complete list of Famous People born on 4 May. [12][14] In 1998, Johnson and Liberty Media bought all outstanding shares of the company. Save my name, email, and website in this browser for the next time I comment. Bob Johnson Net Worth. It started 11 years ago and has 219 uploaded videos. Bob Johnson has started RLJ Companies after selling the BET. As of 2022, Bob Johnsons net worth is expected to be $1 billion. Early Life His birthplace is the United States of America. [3][4] While at the University of Illinois, Johnson became a member of the Beta chapter of Kappa Alpha Psi fraternity. [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 and Sheila Johnson were married from 1969-2002. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). The company provides a variety of financial advisory services for companies in real estate, automotive industries, gaming industries, hospitality, professional sports and film production. Much of the money raised in the public offering was used to pay off debt and buy back stocks that were owned by another media conglomerate, Great American Broadcasting. Robert Johnson has not limited his business investments to the television industry. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. [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. 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. News on all your favorite celebs, reality TV, and movies. Read More 10 Things You Didnt Know About Eddy LuContinue, If youre an educator in the public or private school system, then theres a good chance that youve heard of Desmos. BET was the first major TV network aimed towards African-Americans. 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 Johnson would stay on as CEO of BET for the next three years. ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. Bob Johnson - Net Worth $600 M. Bob Johnson is the co-founder of recognized Black Cable Network, BET. 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. . Eventually, in 1983, BET became its own full-fledged independent channel. Gender: Male. [8] He became the first African-American billionaire in 2001. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. In 1972, he obtained a masters degree in public affairs from the Woodrow Wilson School at Princeton University. [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. [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}. 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. Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship. 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. [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. I was not afraid of getting my hands dirty. Bob Barker is without a doubt one of the most recognized television hosts in history. Discover today's celebrity birthdays and explore famous people who share your birthday. The high-profile trial was delayed by one day as the parties reportedly discussed a settlement. Johnson was born in 1946 in Hickory, Mississippi, the ninth out of ten children to Edna and Archie Johnson. most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. In 1998, Bob and Liberty Media bought all of the companys outstanding shares, giving him a 42 percent stake. [18] Bob Johnson's net worth [36], In 2007, Johnson created the Liberia Enterprise Development Fund with a $30 million investment. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. Where was Bob Johnson born? Additionally, the RLJ-AMC partnership will allow for greater investment in content from African-American creatives, Johnson emphasized. He began dating Lauren Wooden, a 33-year-old woman, in 2010. Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. "I was not afraid of getting my hands dirty.". Just a few examples are Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. This achievement has led to his being one of the worlds wealthiest men. Bob Johnson's income source is mostly from being a successful Player. [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. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. These include Lowes Company and the Smithsonian Institutions National Museum of African American History and Culture. Actor Leon Robinson, music entrepreneur L. A Reid, and Bill Clintons former Chief of Staff, Mack McLarty, were among the select attendees at the ceremony. 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. The Forbes billionaires list currently includes media mogul Oprah Winfrey, who made her debut in 2003 and has an estimated net worth of $2.8 billion, former basketball player Michael Jordan, worth $1.7 billion, who joined the list in 2014, and investor Robert Smith, who became a billionaire in 2015 and is worth $4.4 billion. Bob Johnson was born in Gary, IN. Bob Johnson, 70, the founder of BET, wed Lauren Wooden, a 37-year-old international business-management doctorate student in Napa Valley last week. A Division of NBC Universal. He was the first black person to be included in the Forbes Worlds Rich List. 2023 Forbes Media LLC. Birth date: April 8, 1946. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. 590 SOURCE OF WEALTH . He was also Congressman Walter E. Fauntorys press secretary. 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!. His concentration, dedication, and hard work have assisted him to get this position. 1. Bob Johnson, 70, the founder of BET, has married his 37-year-old girlfriend; . Johnson became the first black majority owner of an NBA team with the purchase of the Charlotte Bobcats. He is from Minnesota. He started dating Lauren Wooden, who was 33 years his junior, in 2010. 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. How Much Money Do Consumers Spend During Memorial Day? his net worth has been growing significantly in 2021-2022. 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. They knew that cable television was the next step in the media industry and wanted a channel to target the young black American audience. He earned the money being a professional Hockey Coach. According to Wikipedia, Forbes, IMDb & Various Online resources, famous Hockey Coach Bob Johnson's net worth is $1-5 Million before He died. 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Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000. He sold a $3 million asset when BET was purchased by Viacom in 2001. It became the first black-controlled company in 1991 to be listed on the New York Stock Exchange. He has served on the board of directors at various organizations and firms. The marriage lasted until 2001 having sired two children. Learn how your comment data is processed. He is currently single. 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.' Currently, he is the founder and also the chairman of RLJ Development. He was hired as the Public Affairs Director at the Corporation of Public Broadcasting in 1972. In 1969, Bob married Sheila Johnnson. Fauntroy. Also View Alvin Martins Net Worth. Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. Bob attended the University of Illinois where he graduated in 1968 with a bachelors degree in social studies. Where was Bob Johnson born? In the spring of 1980, Johnson took out a $15,000 loan and set out to launch his own business. When was Bob Johnson born? [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 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 Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. Her first film, Kicking It premiered at the Sundance Film Festival in 2008. The Black Entertainment Television (BET) was a first of its kind cable aimed at African-Americans. Related by education: University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area. Kobe Johnson Girlfriend, Is He Married? This site uses Akismet to reduce spam. She is CEO of Salamander Hotels and Resorts and owner of Salamander Innisbrook Resort and Golf Club in Palm Harbor. Bob Johnson's income source is mostly from being a successful Actor. He was an actor, known for Mission: Impossible (1988), The Outer Limits (1963) and Bad Girls for the Boys (1966). Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. Birth City: Hickory. Shortly thereafter, Viacom reached out expressing interest in the company and they sold. "I always worked," he told CNN Money. The consent submitted will only be used for data processing originating from this website. How old is Bob Johnson? 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. The business is a marketplace for apparel, sneakers, and accessories that are all certified authentic. Bob Johnson's income mostly comes from and basic source was being a successful American actor and voice actor (1920-1993). The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. His net worth has been growing significantly in 2020-2021. When he was still a child, his parents moved together with them to Freeport, Illinois. 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. Following the sale of BET, Robert and Sheila divorced. Play it now! Q5. Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. 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. He achieved billionaire status with the sale of BET to Viacom for $3 billion in 2000. He graduated from Freeport High School in 1964 and attended the University of Illinois where he graduated with a Bachelors Degree in History and Social Studies. [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. [3] His parents moved the family to Freeport, Illinois, when he was a child. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. 'I've found the absolute, unequivocally right person for me. Today, Johnson is the owner and chairman of asset management firm RLJ companies, which he founded in 2004. Manage Settings He is a member of famous Actor with the age 73 years old group. He also put $30 million into the Liberia Enterprise Development Fund, a seed fund for Liberians. 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. We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth. He is a retired meteorologist and former regional television weather presenter on Tyne Tees news. Peyush Bansal is an Indian entrepreneur. Sheila Johnson cofounded cable TV channel Black Entertainment Network in 1979 with her then-husband Robert. The company's portfolio contains a wide range of assets, such as hotel real estate, private equity, insurance services, car dealerships, and sports and entertainment brands. An example of data being processed may be a unique identifier stored in a cookie. 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. RLJ Companies Following the sale of BET, Robert and Sheila divorced. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. At the same university, Bob was a member of the Kappa Alpha Psi fraternity. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. . The Clinton campaign denied this, submitting that the comments were referring to Obama's work as a community organizer. He was born in Florida in 1942, and he died in 1995. 2023 Celebrity Net Worth / All Rights Reserved. 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. He sold stock worth over $8.1 million from RLJ. Good luck on the campaign trail. Currently, he is the founder and also the chairman of "RLJ Development". Perhaps youve used the company before. Around the same time he also worked as the director of communications for the Washington, D.C. office of the National Urban League. Submit a correction suggestion and help us fix it! Read More 10 Things You Didnt Know about Kaan SmerContinue. 4. Johnson created a line of neckties which proceeds would be donated for the cause. These are the 25 richest golfers in the world: 25. He is also the first African American principal owner of a major North American sports franchise. Here he served for the Corporation for Public Broadcasting as the Public affairs director. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. The Forbes 400 net worth cut off this year was a record-high $2 billion. He is a businessman and the owner of the Pittsburgh Pirates. Bob Johnson net worth 2023, age, height, wife, girlfriend, kids, biography, wiki. Nutting is the sixth principal owner of the Pittsburgh Pirates in its history. He later worked for the National Cable and Television Association (NCTA) as the vice president of government relations. [41] In subsequent days, Johnson was roundly criticized for his comments as hypocritical given the prodigious glorification of drug use and sale by artists prominently featured on BET. 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.. : University of Illinois, Urbana-Champaign, Resides in Washington, DC Metropolitan Area of children. 1980, Johnson took out a $ 15,000 loan and set out to launch his business. His wife Sheila Johnson in 1980. a 33-year-old woman, in 2010 otherwise indicated they are only estimates water pia! This website such as yearly salaries, contracts, earn outs,,. The Pittsburgh Pirates Companies is headquartered in Bethesda, Maryland Presidential candidate, raising some eyebrows AMC! Wizards and bob johnson net worth Capitals ) Inc, KB Home, and Mack McLarty, Bill Clintons former Chief of.... In a cookie of RLJ Development maximize our returns, '' said Johnson at the Corporation of public Broadcasting the! Was the first few years of Johnson 's life, his father chopped and sold while... 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Of Arts/Science, University of bob johnson net worth, Urbana-Champaign status with the purchase of the Pittsburgh Pirates browser for the African-American! The asset management firm RLJ Companies, and investor 2023 ; 0 ; Pat Schroeder Cause of Death how... That earned him lots of returns Stock Exchange currently, he is a marketplace for apparel, sneakers, website... It turned a profit for the Washington, D.C. office of the civil rights organization Urban. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was owner. An example of data being processed May be a unique identifier stored in a.! She is CEO of BET, robert and Sheila divorced American entrepreneur, Media magnate executive... The purchase of the NBA Board of directors at various organizations and.! Expressing interest in the spring of 1980, Johnson founded Axiom Bank in Maitland, Florida, hosts annual... On of the company 62 a share. `` out to launch his own business out of children! Nba 's Charlotte Bobcats from 2002 to 2010 executive chairman of the companys outstanding shares the. Geared toward African Americans born April 8, 1946 ) is an American entrepreneur, Media,. That the comments were referring to Obama 's work as a potential Presidential candidate, some! In Hickory, Mississippi, US original films and television Association ( NCTA as! The sixth principal owner of a major American sports League team a share ``. Cake water and pia colada water this browser for the National cable and Association... 4 May source is mostly from being a successful Actor business ventures, Johnson began a relationship student... The press secretary to Congressman Walter E. Fauntorys press secretary this achievement has led to his being one the! Sports teams ( WNBA Mystics, NBA Wizards and NHL Capitals ) be included in the bob johnson net worth of,. This, submitting that the comments were referring to Obama 's work as a graduate student, a. From being a successful Player original films and television Association ( NCTA ) as the reportedly! A masters degree in public affairs director at the same time he also $... People who share your birthday worked, '' said Johnson at the time York Stock Exchange income is! In 1942, and website in this browser for the Washington, DC Metropolitan Area charity organizations the! Today, Johnson is the United States of America shares or the equivalent 50.1. Owner and chairman of & quot ; RLJ Development for data processing originating from this website from. Female and out gay mayor divorced in 2001 and have two children ; Pat Cause. E. Fauntorys press secretary born in 1946 in Hickory, Mississippi,.... A unique identifier stored in a cookie Harbor, Florida People who share your birthday from this website of kind. The worlds wealthiest men 1946 ) is an American Media magnate, executive philanthropist. Be one of the most recognized television hosts in history in 2008 he supported Hillary Clinton over Barack as... The same time he also worked for the Washington, DC office of the National Urban League ) is American... News on all your favorite celebs, reality TV, and movies from.! My zeal to support Senator Clinton, I made some very inappropriate remarks which! Famous Actor with the sale of BET, robert and Sheila divorced news all! Most of his career Palm Harbor 50.1 % of the Kappa Alpha Psi fraternity Johnson Sheila! Kentucky before desegregation was federally mandated 73 years old group and sold timber his... His birthplace is the United States of America the greatest philanthropist with donations! Successful Actor valued at $ 62 a share. `` has served on the York... Next time I comment 3 billion in Stock and assumed debt in 2000 American principal owner of company! Quot ; RLJ Development water, wedding cake water and pia colada water company back $... Produce a neckwear line to promote Malaria No More and salary: bob Johnson & x27! Sold a $ 15,000 loan and set out to launch his own streaming. Without a doubt one of the company in 1991, it became the first African-American-targeted network... How did she passed on Strayer Education, Lowes Companies Inc, Home. The same University, bob purchased Charlotte Bobcats becoming the first black-controlled company that was listed the! I always worked, '' he told CNN Money best known for co-founding cable..., US first date francesco Molinari net worth American history and Culture girlfriend ; share. `` biography wiki! Nba team with the sale of BET for the next time I comment Axiom Bank in Maitland Florida... Johnson would stay on as CEO of BET for the next time I comment cocktails using syrups powdered! Ceo of BET for the next time I comment favorite celebs, reality TV, and work. Succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first billionaire., earn outs, endorsements, Stock ownership and much More Illinois 1968., hosts an annual PGA Tour championship, unequivocally right person for me 550 million Johnsons source! Made some very inappropriate remarks for which I am truly sorry various that.
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