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. He started Black Entertainment Television in 1980, which grew into a full-fledged station in 1983. Peyush Bansal is an Indian entrepreneur. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. RLJ Companies Following the sale of BET, Robert and Sheila divorced. Francesco Molinari Net Worth: $20 Million Teeing off in twenty-fifth place is Francesco Molinari. In addition to hosting one of the biggest shows on CBS, "The . 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. Where was Bob Johnson born? Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Estimated Net Worth in 2021. When BET was bought by Viacom, he made an asset sale of $3million in 2001. After her divorce in 2002, she sold off her. 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 obtained a bachelors degree in social studies from the University of Illinois in 1968. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. He has served on the board of directors at various organizations and firms. Viacom bought it for $3 billion in 2001. 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. In 1991 BET became the first black-controlled company that was listed on the NYSE. Though he disliked waking up early in the morning, the newspapers had to be delivered between 6 - 7 a.m., which forced him to get dressed and begin work. Robert L. Johnson is the founder of Black Entertainment Television. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. Bob Johnson has started RLJ Companies after selling the BET. 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. Bob has achieved much in his right. Bachelor of Arts/Science, University of Illinois, Urbana-Champaign. . 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 was born on 8th April 1946 in Hickory, Mississippi, US. 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. 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. Robert Johnson has not limited his business investments to the television industry. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. The principal source of wealth of Bob Johnson has come from a range of high-return investments. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? He got his start in cable television after working in pay TV, where viewers pay through a subscription to watch a particular channel. Farm Heroes Saga, the #4 Game on iTunes. He married Lauren Wooden, 33 years his junior. The co-founder of the Black Entertainment Television cable network became a billionaire in 2001 when he sold BET to Viacom. 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). [3][7] Johnson is the former majority owner of the Charlotte Bobcats. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. Birth Country: United States. He allegedly asked her to marry him on their first date. 2023 Celebrity Net Worth / All Rights Reserved. On April 14, 2008, Johnson made comments to the effect that Obama would not be the Democratic Party's leading candidate if he were not black, in defense of a similar comment made by Geraldine Ferraro. [3][9][12][14] He remained BET CEO until 2006. He is a principal owner of the Charlotte Bobcats. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs in Liberia. Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. It started 11 years ago and has 219 uploaded videos. 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:. How Much Money Do Consumers Spend During Memorial Day? ': 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. What was the Net Worth of Bob Lee? This achievement has led to his being one of the worlds wealthiest men. Bob Johnson weighed 262 lbs (118 kg) when playing. The Johnson's made $1 billion with the deal making them the first black Americans to achieve a net worth of more than a billion dollars. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. "I thought there would never be a better time to maximize our returns," said Johnson at the time. 4. "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. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. He was the first black American billionaire named by Forbes Magazine. Wooden was pursuing an International Business Management doctorate in Paris when they met. These include Lowes Company and the Smithsonian Institutions National Museum of African American History and Culture. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley, California, with Greg Mathis officiating. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. 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. In 2001 he became billionaire after selling the station to . In 2016 Robert Johnson married again. 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What is Bob Johnson's net worth? In 1969, Bob married Sheila Johnnson. Johnson grew up in Freeport, Illinois, the 9th of 10 children. He is an American businessman who is better known as Bob Johnson. Bob became the first American majority owner of a major American Sports League team when he bought the Charlotte Bobcats in 2002. Recently, Johnson has supported President Donald Trump because he believes President Trumps administration has decreased unemployment of black Americans. Together, they had two children, and divorced in 2002. We recommend you to check the complete list of Famous People born on 4 May. [12][14] When the network launched in 1980, it only aired for two hours on Friday night. After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. [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. In 1972, he graduated from Princeton Universitys Woodrow Wilson School with a masters degree in public affairs. He was also Congressman Walter E. Fauntorys press secretary. [34], In 2011, Johnson worked with Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. [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. He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. As the company has since taken a plunge in value, Johnson's net worth has dropped to $550 million, Forbes reported. 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He was hired as the Public Affairs Director at the Corporation of Public Broadcasting in 1972. We don't have much information about He's past relationship and any previous engaged. 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. In 2001, he was named Americas first billionaire, with his companies counting among the most prominent African-American businesses in the early twenty-first and late twentieth centuries. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. Bob Johnson has a net worth of $1 Billion. 'I've found the absolute, unequivocally right person for me. ARIZONA | ARTURO MORENO CITY: PHOENIX NET WORTH: $3.3 BILLION OVERALL RANK: NO. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. He remained in his position as CEO of BET until 2006. He is not dating anyone. Amy Johnson is an American journalist currently working as a News Anchor/Reporter for the . Birth date: April 8, 1946. Being born on 8 April 1946, Bob Johnson is 77 years old as of todays date 18th April 2023. Bob attended the University of Illinois where he graduated in 1968 with a bachelors degree in social studies. In 1991, it became the first black-owned firm to be listed on the New York Stock Exchange. I hope that you will accept this apology. Bob Johnson was born in Gary, IN. Robert Johnson was born on April 8, 1946. Johnson has also received several awards and honors for his philanthropic contributions. The following year, he released a neckwear line to benefit the charity Malaria No More. Johnson created a line of neckties which proceeds would be donated for the cause. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? Videos on the channel are categorized into Sport, Association football. A year later Johnson hit the Forbes 400 "Richest Americans" list with a net worth of $1.3 billion. There, he learned both the business and technological side of television. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). [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. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. It was only for two hours a week initially. 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. At the time, BET reached 62.4 million homes. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. He started dating Lauren Wooden, who was 33 years his junior, in 2010. In the Major League Sports Franchise of North America, he is the first Black American as well. His net worth has been growing significantly in 2021-2022. Amy Johnson KCBS/KCAL, Bio, Wiki, Age, Family, Children, Height, Salary, and Net Worth. Eddy Lu is an American businessman and entrepreneur. In 2011, Bob and Morgan Freeman raised donations for hurricane relief in the Bahamas. [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. , money, salary, income, and assets. Required fields are marked *. 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 . [16][19][20][21][22][23][24][25] Johnson has also served as a member of the board of directors for several other companies and organizations, including US Airways, Hilton Hotels, General Mills, the United Negro College Fund, and Deutsche Bank's Americas Advisory Board. He is from Minnesota. Also View Alvin Martins Net Worth. 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. 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. . How old is Bob Johnson? Loud explosions rock thermal power station in Russia's Belgorod, Football fan punched and kicked unconscious as rival hooligans brawl, Moment gangster-politican Atiq Ahmed is shot point blank live on TV, Polish police raid nightclubs during organised crime crackdown, BBC's Justin Rowlatt goes bollard hunting as residents war over LTN, Italian police seize more than 350M worth of cocaine from the Med, Gerry 'The Monk' Hutch seen leaving the court after not guilty verdict, Teens scatter as gunshots ring out during fight in Chicago, Andrew Lloyd Webber dedicates final Phantom performance to late son, Phillip returns to This Morning after brother's sex abuse trial, Shocking moment driver causes three-vehicle smash, Businesswoman Jacqueline Gold's funeral at Old Royal Naval College, BET founder Bob Johnson engaged to Lauren Wooden - The Washington Post. All net worths are calculated using data drawn from public sources. 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. Prior to this, Jordan had been a minority stakeholder. Net Worth: $76 B. How old is Bob Johnson? Bobs primary source of wealth has been from various investments that have earned him lots of returns. In 1998, Bob and Liberty Media bought all of the companys outstanding shares, giving him a 42 percent stake. BET was the first major TV network aimed towards African-Americans. Gender: Male. Submit a correction suggestion and help us fix it! The company continued to grow. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. I'm writing to apologize to you and your family personally for the un-called-for comments I made at a recent Clinton event. He bought this team in 1996 for $92 million and he is the Chairman of the Board. 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