bob johnson net worthbob johnson net worth

In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange. In 2011, Bob and Morgan Freeman raised donations for hurricane relief in the Bahamas. "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. He is a businessman and the owner of the Pittsburgh Pirates. His net worth has been growing significantly in 2020-2021. most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more. 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. 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. When he was a kid, he moved with his family to Freeport, Illinois. He was the ninth of ten children in his family. Operated by AMC Networks, it was created to offer original films and television series aimed at African-American audiences. Sheila Johnson went on to found Salamander Hospitality, which has a portfolio containing resorts and golf clubs. The estimated Net Worth of Robert D Johnson is at least $14.3 Million dollars as of 1 December 2022. . For his contributions to many charity organizations, notably Malaria No More in 2012, Bob was voted one of the greatest philanthropists. [4][12][13] In 1980, Johnson launched Black Entertainment Television, which became a full-fledged channel in 1983. Robert Nutting - Pittsburgh Pirates- $1.1 Billion Robert Nutting was born in Wheeling, West Virginia, on March 29, 1962. 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. So, how much is Bob Johnson worth at the age of 73 years old? 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!. In 2010, Johnson began a relationship with student Lauren Wooden, who's 33 years his junior. Bob Johnson has a net worth of $1 Billion. Allen Lee is a Toronto-based freelance writer who studied business in school but has since turned to other pursuits. He sold his majority stake in 2010 to Michael Jordan. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. Here we are updating just estimated networth of Robert . All Rights Reserved. [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. Do not sell or share my personal information. It is a solemn occasion, yet its a perfect time to celebrate our liberty bought by, Read More How Much Money Do Consumers Spend During Memorial Day?Continue, Bob Ross was an American painter, art instructor, and television host. What was the Net Worth of Bob Lee? 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. Where was Bob Johnson born? How many car dealerships does Bob Johnson own? 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. 4. At the same university, Bob was a member of the Kappa Alpha Psi fraternity. We ended up buying the company back at $62 a share.". The kicker - a seven-and-a-half carat engagement ring. Johnson proposed to Wooden in Paris last December with a little help from best man, Franco Nuschese, who owns Georgetown's Cafe Milano. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. On April 8, 1946, in Hickory, Mississippi, Bob was the ninth of ten children born to Archie JOHNSON and Edna Johnson. He was born on 8th April 1946 in Hickory, Mississippi, US. Age, Family & Net Worth. BET launched in 1980 just a few hours of airtime a week. Since Bansal is an entrepreneur, it should come as no surprise to learn that, Read More 10 Things You Didnt Peyush BansalContinue. 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.' He also put $30 million into the Liberia Enterprise Development Fund, a seed fund for Liberians. 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. As of 2016, Wooden was pursuing an international business-management doctorate in Paris. Where was Bob Johnson born? [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. Six years later, Johnson and his business partner offered $300 million to buy back the 35 percent stock they didn't already own, making the company private once again. He is an American businessman who is better known as Bob Johnson. . Save my name, email, and website in this browser for the next time I comment. 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. Also, he was serving as the National Urban Leagues director of communications at the time. Johnson's parents enrolled her in an all-white school in early 1950s Kentucky before desegregation was federally mandated. A year later Johnson hit the Forbes 400 "Richest Americans" list with a net worth of $1.3 billion. Like CNBC Make It on Facebook. 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. According to her records, Lauren was pursuing a doctorate in international business management in Paris. What is Bob Johnson's net worth? Bob Johnson net worth 2023, age, height, wife, girlfriend, kids, biography, wiki. Learn How rich is He in this year and how He spends money? Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. He has also made a private equity fund in Africa valued at $30million. In 1991 BET became the first black-controlled company that was listed on the NYSE. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. $1 Billion America's first black self-made millionaire has married his girlfriend of five years in front of 100 close friends in California. (adsbygoogle = window.adsbygoogle || []).push({}); You have entered an incorrect email address! As a philanthropist, Johnson partnered with actor Morgan Freeman in 2011 to raise funds for hurricane preparedness in the Bahamas. 85% of Americans use AI in some capacity, from rideshare apps like Uber and Lyft, to digital voice assistants like Siri and Alexa. 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 . Eventually, in 1983, BET became its own full-fledged independent channel. $1-5million. He is also the first African American principal owner of a major North American sports franchise. Through the experience, Bob was able to learn the power of untapped potential of television. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. Bob Johnson (right), 70, the founder of BET, wed Lauren Wooden (left), a 37-year-old international business-management doctorate student last week, The couple wed atAuberge du Soleil in California's Napa Valley in front of a 100-person guest list of famous friends. Jackson Lees outspoken progressive ideals have made the 14-term representative a politically polarizing figure, drawing attacks from the likes of Tucker Carlson. The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. [4][12][13] He later became vice president of government relations at the National Cable and Television Association (NCTA). Bob Johnson's income source is mostly from being a successful Player. 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. These are the 25 richest golfers in the world: 25. 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. . Just a few examples are Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. Should You Buy The Botox Maker Over Johnson & Johnson Stock? 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? Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. The time frame for exercising those warrants is open-ended, AMC said. Robert and Sheila founded the Black Entertainment Television network in the late 1970s with a $15,000 personal loan. He is from USA. He achieved billionaire status with the sale of BET to Viacom for $3 billion in 2000. 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. 590 SOURCE OF WEALTH . Bob Johnson was born in Gary, IN. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. How old is Bob Johnson? [34], In 2011, Johnson worked with Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. He is from Minnesota. "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. Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. How tall is Bob Johnson? Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley, California, with Greg Mathis officiating. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. [3][4] His mother was a schoolteacher and his father was a farmer. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. Two years after that, it turned a profit for the first time. Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. 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. Bob Johnson was born on May 4, 1920 in Portland, Oregon, USA as Robert Cleveland Johnson. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. According to a recent investigation by Forbes and Business Insider, Bob Johnson estimated net worth is more than a couple of million USD, according to the publication. We and our partners use cookies to Store and/or access information on a device. [46] Johnson began dating Lauren Wooden, who is 33 years his junior, in 2010. In 2003, he completed a deal with the city for a $265 million arena that was to open in time for the 2005-2006 season. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. Johnson is the only black woman to own stakes in three professional sports teams (WNBA Mystics, NBA Wizards and NHL Capitals). What is Cash App all about? Bob Johnson is an American YouTube channel with over 178.00 subscribers. Since then, sagging Viacom and CBS stock, plus investments in real estate, hotels and banks . After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. But soon enough, it started growing. Currently, there is a lot of positive discussion and criticism about him. Robert Johnson would stay on as CEO of BET for the next three years. Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. He stands 1.7 meters tall and weighs 79 kilograms. In addition, he makes $747,411 as Independent Director at Roper Technologies Inc. Ice hockey coach who guided college, international, and professional teams, including the Wisconsin Badgers men's hockey team from 1966 until 1982. Today, Johnson is the owner and chairman of asset management firm RLJ companies, which he founded in 2004. It was only for two hours a week initially. [9][1][10] Johnson's companies have counted among the most prominent African-American businesses in the late twentieth and early twenty-first centuries. The company continued to grow. Continue with Recommended Cookies, Your email address will not be published. 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. The successful businessman has become one of the greatest entrepreneurs and philanthropists in the world. In 1972, he obtained a masters degree in public affairs from the Woodrow Wilson School at Princeton University. 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. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. In 2006 Johnsons RLC Companies partnered with Harvey Weinstein to create Our Story Films. He allegedly asked her to marry him on their first date. He is a member of famous Actor with the age 73 years old group. When was Bob Johnson born? Robert Johnson was born on April 8, 1946. His parents eventually moved to Illinois in search of a better life and soon found factory jobs in a working-class town. Discover today's celebrity birthdays and explore famous people who share your birthday. Oregon, USA, is an American YouTube channel with Over 178.00 subscribers the asset management firm Companies... 'S 33 years his junior, in 2010 to Michael Jordan donations for hurricane preparedness in the Bahamas interest asking! This year and how he spends money Cleveland Johnson television network in the Bahamas,. Sports franchise launched in 1980 just a few hours of airtime a week.. Jobs in a working-class town original films and television series aimed at audiences! Johnson 's parents enrolled her in an all-white school in early 1950s before. He moved with his family Viacom and CBS Stock, plus investments in real estate, and... 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