Don't miss: These two men paid over $650,000 for lunch with Warren Buffetthere are 3 things they learned, Get Make It newsletters delivered to your inbox, Learn more about the world of CNBC Make It, 2023 CNBC LLC. He later returned to the television industry to become the vice president of government relations at the National Cable and Television Association. Jackson Lees outspoken progressive ideals have made the 14-term representative a politically polarizing figure, drawing attacks from the likes of Tucker Carlson. In Africa, he has also formed a $30 million private equity fund. BET was acquired by Viacom in 2000 for $3 billion. BET was the first major TV network aimed towards African-Americans. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. Robert Johnson came from humble beginnings. So, how much was Robert Cleveland Johnson networth at the age of years old? He eventually became the National Cable and Television Associations vice president of government relations (NCTA). Bob Johnson was born in Gary, IN. [3] He was an honors student in high school. Videos on the channel are categorized into Sport, Association football. In 1969, Bob married Sheila Johnnson. The Bob Johnson Auto Group is owned by Gregory Stahl and John Love. But it wasn't the first time Johnson proposed to Wooden. Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. Continue with Recommended Cookies, Your email address will not be published. Bob Johnson was born on April 25, 1943. Bob Johnson net worth 2023, age, height, wife, girlfriend, kids, biography, wiki. Source of wealth: Microsoft. Nutting is the sixth principal owner of the Pittsburgh Pirates in its history. In 2011, Johnson teamed up with actor and philanthropist Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. 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? 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. 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. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. Best Known For: Robert L. Johnson . This is called Second Act by him. 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. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. He was born on 8th April 1946 in Hickory, Mississippi, US. 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. Also learn how He earned most of Bob Johnson networth? We expect J&J to report revenues and earnings slightly above the consensus estimate, and JNJ stock appears to have more room for growth. Where was Bob Johnson born? Do not sell or share my personal information. It expanded in both the traditional and digital markets. How many car dealerships does Bob Johnson own? Robert Johnson met Sheila Crump while students at the University of Ilinois. Bob Johnsons income source is mostly from being a successful Actor. $1 million- $4 million USD: We know Bob Johnson is a Not Available Certified Public AccountantFormer Pulaski County Justice of the peace. 'I've found the absolute, unequivocally right person for me. He also makes $2.54 million as Executive Chairman of the Board of Trustees at RLJ. He excelled in school. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. News on all your favorite celebs, reality TV, and movies. [1][2][3][4][5][6] He is the co-founder of BET, which was acquired by Viacom in 2001. We ended up buying the company back at $62 a share.". He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. The couple has one daughter named Paige Johnson and a son named Brett Johnson. Peyush Bansal is an Indian entrepreneur. When BET went public in 1991, it became the first black-controlled company to be listed on the New York Stock Exchange. Submit a correction suggestion and help us fix it! So, how much is Bob Johnson worth at the age of 73 years old? Brother-in-law of Colorado dentist charged with poisoning wife comes face-to-face with accused killer as he's arraigned in court, New Orleans Mayor LaToya Cantrell's bodyguards say they had to hold her purse, do her shopping and take her daughter to the HAIRDRESSERS - as effort to recall Dem lawmaker fails, Twist or pull? 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. They married in 1969 and have two children. In 2008 he supported Hillary Clinton over Barack Obama as a potential Presidential candidate, raising some eyebrows. He is a retired meteorologist and former regional television weather presenter on Tyne Tees news. He is a principal owner of the Charlotte Bobcats. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. Jimmie Johnson returns to the drivers seat in the No. He is from USA. [47] They married in May 2016; Greg Mathis officiated,[48] and divorced in 2020. Even in retirement Robert Johnson continues to serve on many boards. Robert Nutting - Pittsburgh Pirates- $1.1 Billion Robert Nutting was born in Wheeling, West Virginia, on March 29, 1962. Butt Florence Butt founded H-E-B grocery store in Texas in 1905, which her son Howard expanded throughout the state when he took. He launched Black Entertainment Television (BET) in 1980. Davis and XTO Energy founder Bob Simpson led a group of investors who backed Nolan Ryan to buy the Texas Rangers . Are you familiar with Kaan Smer, the CEO of German food delivery company Gorillas? Robert L. Johnson is the founder of Black Entertainment Television. Following his graduation from Princeton, Johnson entered the television industry as the public affairs director for the Corporation for Public Broadcasting. Bob Johnson (Weather Forecaster) birth name is Robert M Johnson. Fauntroy. 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. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. How Much Money Do Consumers Spend During Memorial Day? He sold a $3 million asset when BET was purchased by Viacom in 2001. There, he learned both the business and technological side of television. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. Bob graduated in 1968 from the University of Illinois. Net Worth: $750 Million Date of Birth: Jan 25, 1949 (74 years old) Place of Birth: McKeesport Gender: Female Profession: Businessperson, Film Producer, TV Program Creator Nationality: United. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. 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. In 2001, media conglomerate Viacom purchased BET for $3 billion, erasing its status as a black-owned business. As of 2022, Bob Johnsons net worth is expected to be $1 billion. 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.' The way to reach here was not easy at all. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. Bob Johnson's income source is mostly from being a successful Player. We have estimated Bob Johnson's net worth , money, salary, income, and assets. The marriage only lasted but until 2020 when they divorced. The first cable channel aimed exclusively at African-Americans, it originally aired for only two hours on Friday nights. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. Around the same time he also worked as the director of communications for the Washington, D.C. office of the National Urban League. 590 SOURCE OF WEALTH . Bob Johnson has a net worth of $1 Billion. These include Lowes Company and the Smithsonian Institutions National Museum of African American History and Culture. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. He invested $30 million to help Liberian businessmen pursue their dreams. The couple were married in May 2016 at Auberge du Soleil in the Napa Valley region of California. ': 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. Eulogy. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). As of April 2023, Bob Johnsons net worth is rated at $1 billion. Here we are updating just estimated networth of Robert . [3][4] While at the University of Illinois, Johnson became a member of the Beta chapter of Kappa Alpha Psi fraternity. View popular celebrities life details, birth signs and real ages. 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. [14][15] This purchase gave Johnson 42% of the company. That's enough to be one of 10 most expensive divorce settlements of all time. In 2007 he visited Liberian business entrepreneurs. Bob Johnson's net worth 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. 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. , money, salary, income, and assets. Bob Johnson weighed 220 lbs (99 kg) when playing. Bob Johnson was born in in March 4, 1931. Following the sale of BET, Robert and Sheila divorced. Bob attended the University of Illinois where he graduated in 1968 with a bachelors degree in social studies. At that time he was the part of Kappa Alpha Psi fraternity. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. The Forbes 400 net worth cut off this year was a record-high $2 billion. The talented and skilled Robert Johnson would next become the Vice President of Government Relations for the National Cable and Television Association. Birth City: Hickory. 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. Ebony's Linda Johnson Rice joins Tesla's board of directors, Marvel's Black Panther shatters box office record, 31-year-old used her $1,200 stimulus check to start a successful business, 100-year-old sisters share 4 tips for staying mentally sharp (not crosswords). Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. How old is Bob Johnson? The successful businessman has become one of the greatest entrepreneurs and philanthropists in the world. He was born in Florida in 1942, and he died in 1995. 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. Your email address will not be published. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. He is from American. The high-profile trial was delayed by one day as the parties reportedly discussed a settlement. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi. She would receive a large share of BET and the couples other assets. Through the experience, Bob was able to learn the power of untapped potential of television. Andrea Russett | Net Worth, Boyfriend, & Wiki, Anthony Pompliano Net Worth Phone Number, House Address, Wiki, Ashley Massengill Net Worth | Bio, Family, Address, Career, Atlas Monroe Net Worth | Age, Height, Weight, Dating And More, Beyonce S Net Worth Phone Number, House Address, Wiki, Blue Ivy Net Worth Phone Number, House Address, Wiki. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. 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. 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!. 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. 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. takes a dig at rival for trying to overturn election instead of acting like a Founding Father, Horrific moment crazed Las Vegas bus passenger kills man after knifing him 33 TIMES - as driver keeps driving and stunned witnesses watch bloodbath unfold, Toddler, 3, loses half her smile after she is savaged by rescue pup that 'ate some of her face' when it attacked her while she stroked it a day after family had fostered it, Are you suffering from the 'silent thief of sight'? According to our Database, He has no children. Currently, there is a lot of positive discussion and criticism about him. $866. "I thought there would never be a better time to maximize our returns," said Johnson at the time. His parents eventually moved to Illinois in search of a better life and soon found factory jobs in a working-class town. [2][3] He also founded RLJ Companies, a holding company that invests in various business sectors. All Rights Reserved. How tall is Bob Johnson? He made an $8.1 million profit on the sale of RLJ stock. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. 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. 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 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. Birth date: April 8, 1946. Like this story? Bob became the first American majority owner of a major American Sports League team when he bought the Charlotte Bobcats in 2002. Bob Johnson was born on August 19, 1946. His net worth has been growing significantly in 2020-2021. He has been on the boards of directors of a number of companies and organizations. Bob Johnson estimated Net Worth is $1 million- $4 million USD. But soon enough, it started growing. According to her records, Lauren was pursuing a doctorate in international business management in Paris. He is most known for his hosting CBS's "The Price Is Right" from 1972 all the way to 2007. He also invested a $30 million starting amount fund for Liberian Entrepreneurs, called Liberia Enterprise Development Fund. He held onto the role of president and CEO until 2005 when Debra L. Lee took over as chief executive. On the other hand, maybe youve never heard of the company or its venerable CEO. He earned the money being a professional Hockey Coach. We don't have much information about He's past relationship and any previous engaged. 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. In 1991 BET went public and was listed on the New York Stock Exchange. Courtesy of H-E-B Net worth: $11 billion Source of wealth: H.E. How much did Bob Johnson weigh when playing? He began dating Lauren Wooden, a 33-year-old woman, in 2010. In the spring of 1980, Johnson took out a $15,000 loan and set out to launch his own business. It was only for two hours a week initially. He stands 1.7 meters tall and weighs 79 kilograms. He remained in his position as CEO of BET until 2006. We have estimated For example, as we've pointed out, Buffett is the second wealthiest American and the fourth wealthiest person in the world.) Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. $1 Billion Robert L. Johnson is the founder of Black Entertainment Television. The first African-American-targeted cable network was Black Entertainment Television (BET). 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 was born on April 8, 1946. Having rose into ranks as an African-American, Bob Johnson prides himself a place as one of the greatest entrepreneurs of his time. It was the first African American owned business to do so in the United States of America. [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. Required fields are marked *. 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. $1 Billion A Los Angeles based movie company called Our Stories Films has been founded by Johnson in the year 2006. Johnson was born in 1946 in Hickory, Mississippi, the ninth out of ten children to Edna and Archie Johnson. Beyond its Bethesda headquarters, RLJ Companies has additional offices in Little Rock, Arkansas; Charlotte, North Carolina; Los Angeles, California; San Juan, Puerto Rico; and Monrovia, Liberia. In 2000, he became the first African-American billionaire after selling the network. He was born on 8th April 1946 in Hickory, Mississippi, US. ^ a b Bryant, Adam (November 12, 2011). Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . Her first film, Kicking It premiered at the Sundance Film Festival in 2008. The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. In 2010, following the Bobcats' first-ever winning season, Johnson sold his majority stake in the team to Michael Jordan. 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 . This achievement has led to his being one of the worlds wealthiest men. Bob Johnson has a net worth of $1 Billion. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. He was the former Chairman Executive Officer of Black Entertainment Television. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. Five warning signs of vision-robbing condition glaucoma revealed - and the celebrities living with it, 'I lose no matter how hard I train:' Heartbreaking words of female cyclist who quit sport after constant beatings by trans competitors - as transgender rising star, 46, hammers competition. His father worked as a farmer, and his mother taught. Bill Gates. Name: Robert L. Johnson. Happiness only begins to describe how I feel,' Johnson told the Washington Post. Above are those of our partners May process your data as a part of Kappa Alpha Psi bob johnson net worth the above. $ 62 a share. `` person for me rose through the experience, bob Johnsons net,... Pirates- $ 1.1 billion Robert L. Johnson is the only Black woman to own stakes in three professional sports.... 12, 2011 ) partners May process your data as a graduate,. Officiated, [ 48 ] and divorced in 2020 daughter named Paige Johnson and a named. The process, he became the first Cable channel aimed exclusively at,... 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