Robert L. Johnson Net Worth, spouse, young children, awards, movies

Key facts:

Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 198. BET was the first major TV network aimed towards African-Americans and became the first black-controlled company listed on the NYSE in 1991.

In 2001, Johnson achieved the status of being the first African-American billionaire upon the sale of BET to Viacom for $3 billion. He remained as CEO of BET until 2006.

In 2002, Johnson became the first African-American majority owner of a major American sports team when he purchased the NBA's Charlotte Bobcats. He sold his majority stake in 201 to Michael Jordan.

Aside from BET and the Charlotte Bobcats, Johnson has made significant achievements in business. He founded the asset management firm RLJ Companies, which has a diverse portfolio including hotel real estate, private equity, insurance services, car dealerships, and sports and entertainment brands.

Johnson has been involved in various philanthropic endeavors such as partnering with actor Morgan Freeman to raise funds for hurricane preparedness in the Bahamas and founding the Liberia Enterprise Development Fund to support entrepreneurs in Liberia.

Basic Information About Robert L. Johnson

Category	Business › CEOs
Professions	Businessperson, Entrepreneur
Net worth	$650,000,000
Date of birth	1946-04-08 (78 years old)
Place of birth	Hickory
Nationality	United States of America
Gender	Male
Social Media	↗︎ Wikipedia

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Robert L. Johnson's photos

References & Fact Checks ✅

1/ Filename: president-george-w-bush-meets-with-small-business-owners-and-community-bankers-8gTD2NM0.jpg

Checked: ✅ Yes (2023-07-04 04:33:20)
Source URL: https://en.wikipedia.org/wiki/File:President_George_W._Bush_meets_with_small_business_owners_and_community_bankers.jpg
Original Source: https://catalog.archives.gov/id/12165906
Author:
Series: Photographs Related to the George W. Bush Administration, 1/20/2001 - 1/20/2009
Collection: Records of the White House Photo Office (George W. Bush Administration), 1/20/2001 - 1/20/2009
Date taken: 23 October 2006, 14:02:37