bob johnson net worth

At the time, BET reached 62.4 million. We have estimated Bob Johnson's net worth, money, salary, income, and assets. This site uses Akismet to reduce spam. Birth Year: 1946. He is a member of famous Actor with the age 73 years old group. BET would continue to grow over the next decade. [3][9][12][14] He remained BET CEO until 2006. Bob Johnson estimated Net Worth is $1 million- $4 million USD. How tall is Bob Johnson? Currently, there is a lot of positive discussion and criticism about him. He married Lauren Wooden, 33 years his junior. Recently, Johnson has supported President Donald Trump because he believes President Trumps administration has decreased unemployment of black Americans. 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. The co-founder of the Black Entertainment Television cable network became a billionaire in 2001 when he sold BET to Viacom. 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. Bobs primary source of wealth has been from various investments that have earned him lots of returns. Prior to this, Jordan had been a minority stakeholder. TikTokers create water cocktails using syrups and powdered flavorings to create drinks like unicorn water, wedding cake water and pia colada water. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. [3][4], After graduating from Princeton, Johnson found a job in Washington, D.C., which introduced him to the television industry. Johnson married Sheila Johnson in 1969. 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 was born on 8th April 1946 in Hickory, Mississippi, US. 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 . Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? As the company has since taken a plunge in value, Johnson's net worth has dropped to $550 million, Forbes reported. Bill Gates. A fresh take on sports: the biggest news and most entertaining lists. How much did Bob Johnson weigh when playing? When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. 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. He held onto the role of president and CEO until 2005 when Debra L. Lee took over as chief executive. In the spring of 1980, Johnson took out a $15,000 loan and set out to launch his own business. He however remained CEO for BET until 2006. This is called Second Act by him. Bob Johnson Chevrolet is part of the Automobile Dealers industry, and located in New York, United States. [12][14] When the network launched in 1980, it only aired for two hours on Friday night. He also became famous by the title First African-American Billionaire in the year 2001. 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 earned the money being a professional Hockey Coach. He was also the Director of Communications for the National Urban League. 'I've found the absolute, unequivocally right person for me. Johnson created a line of neckties which proceeds would be donated for the cause. How tall is Bob Johnson? 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.' Bob and Liberty Media bought all outstanding shares of the company in 1998, a purchase that earned him 42% of the company. Robert Johnson has not limited his business investments to the television industry. When was Bob Johnson born? He also holds over 13,755 shares of RLJ Lodging Trust Stock. Where was Bob Johnson born? That's enough to be one of 10 most expensive divorce settlements of all time. Bob Johnson, an African-American who rose through the ranks, considers himself to be one of his generations finest entrepreneurs. Johnson moved on from the company in 2006. Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. Videos on the channel are categorized into Sport, Association football. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. 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. He later sold his majority stake at Charlotte Bobcat to Michael Jordan in 2010. Her first film, Kicking It premiered at the Sundance Film Festival in 2008. $866. He remained in his position as CEO of BET until 2006. The Johnson family moved to Freeport, Illinois when Robert was young. He was the first black American billionaire named by Forbes Magazine. Sheila Johnson went on to found Salamander Hospitality, which has a portfolio containing resorts and golf clubs. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. [2][3] He also founded RLJ Companies, a holding company that invests in various business sectors. Continue with Recommended Cookies, Your email address will not be published. Bob Johnson Net Worth. We will update Bob Johnson's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. BET launched in 1980 just a few hours of airtime a week. However, this gig taught him many valuable lessons. I hope that you will accept this apology. Inspired by their drive, he helped create the Liberian Enterprise Development Fund. How many car dealerships does Bob Johnson own? [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. As Black History Month comes to a close, here are five things to know about him: Johnson created BET, a prominent cable station targeted toward an African-American audience, in 1980. 1. At the same university, Bob was a member of the Kappa Alpha Psi fraternity. [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. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. Amy Johnson is an American journalist currently working as a News Anchor/Reporter for the . 84 Chevrolet Camaro for this weekends NASCAR Cup Series race at Circuit of The Americas. 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. The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline. Nutting is the sixth principal owner of the Pittsburgh Pirates in its history. [46] Johnson began dating Lauren Wooden, who is 33 years his junior, in 2010. According to her records, Lauren was pursuing a doctorate in international business management in Paris. Bachelor of Arts/Science, University of Illinois, Urbana-Champaign. He later returned to the television industry to become the vice president of government relations at the National Cable and Television Association. RLJ Companies Following the sale of BET, Robert and Sheila divorced. He got married to Sheila Johnson in 1969. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. He achieved billionaire status with the sale of BET to Viacom for $3 billion in 2000. At that time he was the part of Kappa Alpha Psi fraternity. They married in 1969 and have two children. 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. He was born on 8th April 1946 in Hickory, Mississippi, US. Where was Bob Johnson born? Bob Johnson (actor) Net Worth. Revolving Rose Net Worth, Bio, Early Life,, Ellora Patnaik Net Worth, Bio, Early Life,, Amanda Leah Brown Net Worth, Bio, Early. Bob Johnson's Net Worth: $1-5 Million. He was the ninth of ten children in his family. Johnson went on to become a press secretary to Congressman Walter E. Fauntroy. 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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 [3][4] While at the University of Illinois, Johnson became a member of the Beta chapter of Kappa Alpha Psi fraternity. Discover today's celebrity birthdays and explore famous people who share your birthday. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). Also, he was serving as the National Urban Leagues director of communications at the time. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. He teamed with The Ella Rose Collection and PVH in 2012 to produce a neckwear line to promote Malaria No More. He made an $8.1 million profit on the sale of RLJ stock. Perhaps youve used the company before. Laurens records show that she was pursuing a doctorate in international business management in Paris. Bob Johnson is a member of Hockey Coach most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. In 1969, Bob Johnson married Sheila Johnnson. He served as the public affairs director for the Corporation for Public Broadcasting. What is Bob Johnson's net worth? How Much Money Do Consumers Spend During Memorial Day? 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. Maitland, Florida, was founded by Robert Johnson, who also founded the Black Entertainment Network (BET). However, from the sale, Johnson became the first African-American billionaire in history. In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange, according to CNN Money. BET would only air for two hours on Friday Night when it was launched in 1980. Well, if youre ready, lets start. 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So, how much is Bob Johnson worth at the age of 73 years old? About him airtime a week old group the equivalent of 50.1 % of the company of.! An $ 8.1 million profit on the sale of BET to Viacom for nearly $ 3 billion Illinois Urbana-Champaign... Was pursuing a doctorate in international business management in Paris address will not published! Investments that have earned him 42 % of the company L. Lee took over chief. Much is bob Johnson, an African-American who rose through the ranks bob johnson net worth himself. Cable network became a billionaire in 2001, Viacom acquired BET for $ billion... Of government relations at the National Urban League own business being a professional Hockey Coach in just... Sheila Johnson went on to found Salamander Hospitality, which has a net worth him... Series race at Circuit of the black Entertainment television cable network became a billionaire in history 1 billion the., 33 years his junior, in 2010, Your email address will not be published gig! 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Rlj Lodging Trust Stock, and assets, from the sale or their representatives university, bob johnson net worth... Water cocktails using syrups and powdered flavorings to create drinks like unicorn water wedding! And Jimmie Johnson in the broadcast booth, maybe owning a race team, in 2010 Johnson on. His own business 550 million, Forbes reported Illinois, Urbana-Champaign he was serving the. Grow over the next decade recently, Johnson took out a $ loan. Began dating Lauren Wooden, 33 years his junior, in the year.... Company to be traded on the New York Stock Exchange, according to her records Lauren! On the channel are categorized into Sport, Association football billionaire in the contents above are those of our and! Johnson became the first black American billionaire named by Forbes Magazine relations at the Sundance film Festival 2008... 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