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Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. [1][2][3][4][5][6] He is the co-founder of BET, which was acquired by Viacom in 2001. [2][3] He also founded RLJ Companies, a holding company that invests in various business sectors. [3][7] Johnson is the former ...
Robert Johnson is Founder and Chairman of The RLJ Companies. In July 2007, Johnson was named by USA Today as one of the 25 most influential business leaders of the past 25 years. Prior to forming The RLJ Companies, Johnson was Founder and Chairman of Black Entertainment Television (BET). In 2001, Johnson sold BET to Viacom for approximately $3 ...
- What Is Robert L. Johnson's Net Worth?
- Robert and Sheila Johnson Divorce Settlement
- Early Life and Education
- Career Beginnings
- Bet
- RLJ Companies
- NBA Team Ownership
- Other Business Ventures
- Philanthropy
- Personal Life
Robert L. Johnson is an American businessman, executive and investor who has a net worth of $650 million. Robert L. Johnson is best known for co-founding the cable channel BET with his wife Sheila Johnson in 1980. He also founded the asset management firm RLJ Companies, and was majority owner of the NBA's Charlotte Bobcats from 2002 to 2010. Johnso...
Robert and Sheila Johnson were married from 1969-2002. When they divorced, Robert paid Sheila $400 million. That's enough to be one of 10 most expensive divorce settlementsof all time.
Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. When he was a kid, he moved with his family to Freeport, Illinois. 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...
Following his graduation from Princeton, Johnson entered the television industry as the public affairs director for the Corporation for Public Broadcasting. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. Johnson went on to become a press secretary to Congressman...
After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. The first cable channel aimed exclusively at African-Americans, it originally aired for only two hours on Friday nights. Eventually, in 1983, BET became its own full-fledged independent channel. Two years after that, it turned a profit for the firs...
In 2002, a year after becoming a billionaire, Johnson founded the asset management firm RLJ Companies in Bethesda, Maryland. The company's portfolio contains a wide range of assets, such as hotel real estate, private equity, insurance services, car dealerships, and sports and entertainment brands. Beyond its Bethesda headquarters, RLJ Companies has...
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. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. Notably, hip hop artist Nellybecame a co-own...
Among his many other business ventures, Johnson founded Axiom Bank in Maitland, Florida. 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. Meanwhile, back in the televis...
As a philanthropist, Johnson partnered with actor Morgan Freemanin 2011 to raise funds for hurricane preparedness in the Bahamas. The following year, he released a neckwear line to benefit the charity Malaria No More. Johnson's other philanthropic endeavors include the Liberia Enterprise Development Fund, which he founded to support entrepreneurs i...
In 1969, Johnson wed his wife Sheila Johnson, with whom he co-founded BET. Together, they had two children, and divorced in 2002. Sheila Johnsonwent on to found Salamander Hospitality, which has a portfolio containing resorts and golf clubs. She also became involved in sports team ownership, with stakes in the NHL's Washington Capitals, the NBA's W...
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Apr 2, 2014 · Robert L. Johnson was born in Hickory, Mississippi, on April 8, 1946. He spent the majority of his childhood in Freeport, Illinois. Johnson graduated from Freeport High School in 1964, and studied ...
Robert L. Johnson, 2018. Robert L. Johnson (born April 8, 1946, Hickory, Mississippi, U.S.) is an 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. Johnson grew up in Freeport, Illinois, the 9th of 10 children.
Oct 7, 2020 · The DL Chronicles, which premiered in 2007, broke ground not only as the first series centering on Black queer love to be nominated for and win a GLAAD Media Award (the following year) but also as ...
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Wes Thomas (Darren Schnase), an upwardly mobile real-estate banker, soon finds himself overwhelmed by the demands of his marriage, career, and closeted attraction to men. When Wes' sexy but ambivalent brother-in-law Trent Porter (Ty Vincent) stops in for an unexpected stay, he is faced with temptation and ultimately falls for the forbidden fruit.
