Bob Johnson Net Worth. Bob Johnson net worth and salary: Bob Johnson is a Hockey Coach who has a net worth of $550 million. 'I've found the absolute, unequivocally right person for me. Continue with Recommended Cookies, Your email address will not be published. Jimmie Johnson returns to the drivers seat in the No. Johnson created a line of neckties which proceeds would be donated for the cause. In 2002 the Johnsons sold BET to Viacom for nearly $3 billion. 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. Bill Gates. So, how much is Bob Johnson worth at the age of 73 years old? Bob and Liberty Media bought all outstanding shares of the company in 1998, a purchase that earned him 42% of the company. As the Executive Chairman of the RLJ Board of Trustees, he receives $2.54 million. Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship. Bob Johnson's income mostly comes from and basic source was being a successful American actor and voice actor (1920-1993). Robert Johnson Net worth: $550 Million - BET Founder Robert Johnson comes in third on this year's list. BET launched in 1980 just a few hours of airtime a week. He held onto the role of president and CEO until 2005 when, National Museum of African American History, first black majority owner of an NBA team, These two men paid over $650,000 for lunch with Warren Buffetthere are 3 things they learned. He graduated from Freeport High School in 1964 and attended the University of Illinois where he graduated with a Bachelors Degree in History and Social Studies. When he was still a child, his parents moved together with them to Freeport, Illinois. While . When was Bob Johnson born? Fauntroy. 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. When he was a kid, he moved with his family to Freeport, Illinois. That's enough to be one of 10 most expensive divorce settlements of all time. Meanwhile, back in the television world, Johnson founded his own video-on-demand streaming service in 2014 called Urban Movie Channel. [12][14] When the network launched in 1980, it only aired for two hours on Friday night. [8] He became the first African-American billionaire in 2001. RLJ Companies Following the sale of BET, Robert and Sheila divorced. 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. In my zeal to support Senator Clinton, I made some very inappropriate remarks for which I am truly sorry. Two years after that, it turned a profit for the first time. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley, California, with Greg Mathis officiating. The Johnson's made $1 billion with the deal making them the first black Americans to achieve a net worth of more than a billion dollars. How old is Bob Johnson? It expanded in both the traditional and digital markets. Butt Florence Butt founded H-E-B grocery store in Texas in 1905, which her son Howard expanded throughout the state when he took. In January 1980, Black Entertainment Television started it broadcasting. 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. In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange. 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. When provided, we also incorporate private tips and feedback received from the celebrities or their representatives. This site uses Akismet to reduce spam. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. He is a principal owner of the Charlotte Bobcats. Robert L. Johnson is best known for co-founding the cable channel BET with his wife. He is best known as the creator and host of The Joy, Read More 20 Bob Ross Quotes That Apply to BusinessContinue. Bob Johnson was born on April 8, 1946, and as of 2022, he is 76 years old. In 2002 he purchased the NBA's Charlotte Bobcats, becoming the first African-American majority owner of a major American sports team. Bob Joh. Bob Johnson is 6-5 (196 cm) tall. All net worths are calculated using data drawn from public sources. Age, Family & Net Worth. Estimated Net Worth in 2021. Robert Johnson has not limited his business investments to the television industry. Amy Johnson KCBS/KCAL, Bio, Wiki, Age, Family, Children, Height, Salary, and Net Worth. Bob Johnson has a net worth of $1 Billion. He is a member of famous Actor with the age 73 years old group. This achievement has led to his being one of the worlds wealthiest men. 590 SOURCE OF WEALTH . Currently, there is a lot of positive discussion and criticism about him. He sold stock worth over $8.1 million from RLJ. Bob Johnson is a member of Hockey Coach He also sits on the board of many prominent organizations including Lowe's Co. and the Smithsonian Institution's National Museum of African American History and Culture. Pharmaceutical giant Johnson & JohnsonJNJ wants to do a one-time lump sum payment of at least $8.9 billion to thousands of talc-powder claimants. $1 Billion So, how much was Robert Cleveland Johnson networth at the age of years old? [3][4] His mother was a schoolteacher and his father was a farmer. Just a few examples are Strayer Education, Lowes Companies Inc, KB Home, and the NBA Board of Governors. 1. He is from American. Johnson became America's first black billionaire after he sold BET to Viacom for $3 billion in stock and assumed debt in 2000. She would receive a large share of BET and the couples other assets. In 2007 he visited Liberian business entrepreneurs. He also served as the director of communications for the Washington, DC office of the civil rights organization National Urban League. While we work diligently to ensure that our numbers are as accurate as possible, unless otherwise indicated they are only estimates. In 1969, Johnson wed his wife Sheila Johnson, with whom he co-founded BET. In 1991, it became the first black-owned firm to be listed on the New York Stock Exchange. We have estimated Bob Johnson's net worth , money, salary, income, and assets. When was Bob Johnson born? Here is the richest billionaire in every state; net worths are as of March 18, 2020. Bob Johnson Net Worth. He is from USA. Letter from Michael Cohen claiming Trump did NOT reimburse him for hush money paid to Stormy Daniels appears to fly in face of his grand jury testimony, Trump breaks cover for a round of golf as Alvin Bragg 'struggles' to convince grand jury to charge him with 'weak' case' that has split the DA's office: Panel probing Stormy Daniels payment reconvenes tomorrow, 'They tell us to be peaceful! The Bob Johnson Auto Group is owned by Gregory Stahl and John Love. BET was the first major TV network aimed towards African-Americans. Bob Johnson's Net Worth: $1-5 Million. In 1998, Bob and Liberty Media bought all of the companys outstanding shares, giving him a 42 percent stake. There, he learned both the business and technological side of television. He is a businessman and the owner of the Pittsburgh Pirates. She also became involved in sports team ownership, with stakes in the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics. Bob Johnson is 76 years old. Additionally, the RLJ-AMC partnership will allow for greater investment in content from African-American creatives, Johnson emphasized. Robert Johnson, founder of Black Entertainment Television (BET). The intimate ceremonys guest included actor Leon Robinson, music executive L.A. Reid, and Mack McLarty, Bill Clintons former Chief of Staff. Inspired by their drive, he helped create the Liberian Enterprise Development Fund. [3] They divorced in 2001 and have two children. 1. He has served on the board of directors at various organizations and firms. But it wasn't the first time Johnson proposed to Wooden. 85% of Americans use AI in some capacity, from rideshare apps like Uber and Lyft, to digital voice assistants like Siri and Alexa. [3] He was an honors student in high school. We and our partners use cookies to Store and/or access information on a device. [36], In 2007, Johnson created the Liberia Enterprise Development Fund with a $30 million investment. His father worked as a farmer, and his mother taught. $1 Billion Robert L. Johnson is the founder of Black Entertainment Television. He later sold his majority stake at Charlotte Bobcat to Michael Jordan in 2010. The wedding, the second for both, took place in front of a host of famous faces, including music executive L.A. Reid, actor Leon Robinson and former Clinton chief of staff Mack McLarty, at the Auberge du Soleil. Johnson will succeed Lori Lightfoot, who lost her fight for reelection and was Chicagos first Black female and out gay mayor. Required fields are marked *. Their marriage was short-lived, since they divorced in 2020. He bought this team in 1996 for $92 million and he is the Chairman of the Board. He is from USA. How old is Bob Johnson? Bob Johnson (Robert Cleveland Johnson) was born on 4 May, 1920 in Portland, Oregon, USA, is an Actor. 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. What was the Net Worth of Bob Lee? In 2010, he sold the Charlotte Bobcats to Michael Jordan for a majority ownership. Save my name, email, and website in this browser for the next time I comment. At the time, BET reached 62.4 million. His height is 1.7m tall, and weight is 79kg. 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. Are you familiar with Kaan Smer, the CEO of German food delivery company Gorillas? But soon enough, it started growing. In 2016 Robert Johnson married again. [34], In 2011, Johnson worked with Morgan Freeman to raise funds for hurricane preparedness in the Bahamas. He is not dating anyone. Unless they move quickly to ensure people receiving Medicaid are eligible for it, Michigan will be working to protect the profits of Medicaid insurance companies at the expense of the truly needy. The successful businessman has become one of the greatest entrepreneurs and philanthropists in the world. AMC has received warrants to purchase at least 20 million shares or the equivalent of 50.1% of the company. After stepping down from the NCTA in 1979, Johnson launched the cable television channel BET in 1980. He launched Black Entertainment Television in 1980 which late became a full-fledged channel in 1983. [14][15] This purchase gave Johnson 42% of the company. How Johnson & Johnsons Attempt At A $9 Billion Baby Powder Settlement Impacts Black Women, Progressive Brandon Johnson Elected As Chicago Mayor, Beating Paul Vallas In Crime-Focused Race, Nascar Legend Jimmie Johnson On Safety In Motorsports, His Future, Progressive Firebrand Rep. Sheila Jackson Lee Running For Houston Mayor, Jimmie Johnson, Partner At Legacy Motor Club, To Compete At Le Mans, Jimmie Johnson, Jenson Button Using NASCAR Race At COTA To Help Prepare For 24 Hours Of Le Mans. 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. Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. 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 Johnson has been involved in American politics through most of his career. TV's Judge Mathis, real name Greg Mathis, officiated the ceremony. Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. This has been seen through his various assets that include a 778-room resort in Liberia worth $12 million, 100 hotels in Dean White which he owns worth $1.7 million. To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. In 2014 Johnson contributed to the Malaria No More campaign, helping many countries combat and prevent the disease of Malaria. Bob has accomplished a great deal on his own. He is most known for his hosting CBS's "The Price Is Right" from 1972 all the way to 2007. [3][4] Johnson graduated from the University of Illinois in 1968 with a bachelor's degree in social studies. 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. 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. $1-5million. All Rights Reserved. Later that year, Viacom paid $3 billion for BET, and Bob made a tidy profit on the deal. Scott Dixon and Jimmie Johnson are the two greatest drivers in their respective series since the beginning of the Millennium. 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. Johnson is notable for being the first African-American billionaire, a status he achieved in 2001 upon the sale of BET to Viacom. His net worth has been growing significantly in 2020-2021. 5. James Cameron; March 20, 2023; 0; Pat Schroeder Cause of Death, How did She passed on? Arpad Busson Net Worth. The first African-American-targeted cable network was Black Entertainment Television (BET). Bob Johnson is 79 years old. He eventually became the National Cable and Television Associations vice president of government relations (NCTA). He worked here as the Corporation for Public Broadcastings Public Affairs Director. It was reaching tens of millions of viewers. Bob Johnson Net Worth. He has been on the boards of directors of a number of companies and organizations. Her first film, Kicking It premiered at the Sundance Film Festival in 2008. [3] His parents moved the family to Freeport, Illinois, when he was a child. The channel expanded considerably over the subsequent years, launching digital cable networks and, in a joint venture with Starz, a multiplex service. In 2008 he supported Hillary Clinton over Barack Obama as a potential Presidential candidate, raising some eyebrows. The Black Entertainment Television (BET) was a first of its kind cable aimed at African-Americans. 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 is also a majority owner of Charlotte Bobcats. Johnson grew up in Freeport, Illinois, the 9th of 10 children. The marriage only lasted but until 2020 when they divorced. Will we see Jimmie Johnson in the broadcast booth, maybe owning a race team, in the future? His net worth has been growing significantly in 2021-2022. He and his company, RLJ Companies LLC, has worked with several professional sports teams. Peyush Bansal is an Indian entrepreneur. Born in 8 April 1946 in Hickory Mississippi, Bob was the ninth of the ten children to Archie JOHNSON AND Edna Johnson. Wooden was pursuing an International Business Management doctorate in Paris when they met. BET would only air for two hours on Friday Night when it was launched in 1980. Johnson told CNN Money in 2012 that his only entrepreneurial experience was a paper route as a kid. How much did Bob Johnson weigh when playing? We recommend you to check the complete list of Famous People born on 4 May. Bob Johnson weighed 220 lbs (99 kg) when playing. 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. In 2002, a year after becoming a billionaire, Johnson founded the asset management firm RLJ Companies in Bethesda, Maryland. 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BET would continue to grow over the next decade. We are no longer accepting comments on this article. Notably, hip hop artist Nelly became a co-owner. In the process, he became the first majority African-American owner of any major professional sports team in the US since the Negro leagues. Johnson married Sheila Johnson in 1969. The business is a marketplace for apparel, sneakers, and accessories that are all certified authentic. [5], In January 2008, Johnson became the target of criticism for remarks he made to supporters of presidential candidate Hillary Clinton about another candidate, Senator (and eventual party nominee and election winner) Barack Obama. At that time he was the part of Kappa Alpha Psi fraternity. But before any of them appeared on the list, Robert L. Johnson, 75, became the first African-American billionaire in 2001 thanks to the sale of his cable station Black Entertainment Television (BET), Forbes reports. According to our Database, He has no children. According to reports, the estimated net worth of Bob Lee is around $10 million. He is an American businessman who is better known as Bob Johnson. Robert L. Johnson was born on April 8, 1946 in Hickory, Mississippi as the ninth of ten children of farmer Archie and schoolteacher Edna. He did, however, stay on as BETs CEO until 2006. "As the new majority owner of the Bobcats, his dedication will be stronger now more than ever.". Discover Bob Johnson's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. We don't have much information about He's past relationship and any previous engaged. $72 k-$82 k USD: Net Worth (approx.) , money, salary, income, and assets. He went on to found the RLJ Companies which is a holding company with a very diverse portfolio. In 1969, Bob Johnson married Sheila Johnnson. Bob obtained a bachelors degree in social studies from the University of Illinois in 1968. What is Bob Johnson's net worth? Later in 2001, Viacom acquired BET for $3 billion where Bob earned over $1 billion from the sale. [3][16] The RLJ Companies is headquartered in Bethesda, Maryland. The first cable channel aimed exclusively at African-Americans, it originally aired for only two hours on Friday nights. If you do not know, We have prepared this article about details of Bob Johnsons short biography-wiki, career, professional life, personal life, wife, girlfriend, dating, divorce, kids, todays net worth, age, height, weight, and more facts. Together, they had two children, and divorced in 2002. Should You Buy The Botox Maker Over Johnson & Johnson Stock? How much did Bob Johnson weigh when playing? [16][26][27][28][29][30], Johnson became the first African-American majority club owner of a major American sports league team with his 2002 purchase of the Charlotte Bobcats. $866. Eddy Lu is an American businessman and entrepreneur. Axiom Bank N.A. He was the former Chairman Executive Officer of Black Entertainment Television. The estimated Net Worth of Robert D Johnson is at least $14.3 Million dollars as of 1 December 2022. Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. [33], In 2016, Johnson finalized a partnership agreement with AMC Networks through his RLJ Company after launching his own video on demand streaming service Urban Movie Channel in 2014. He subsequently attended Princeton University as a graduate student, earning a master's degree in public affairs in 1972. Best Known For: Robert L. Johnson . Birth Year: 1946. Johnson became the first black majority owner of an NBA team with the purchase of the Charlotte Bobcats. When he was a child, his parents relocated him and his siblings to Freeport, Illinois. Networth at the age of 73 years old US since the Negro leagues comments. $ 550 million great deal on his own video-on-demand streaming service in 2014 Johnson contributed the! His career bachelors degree in public Affairs director only estimates he is a and. Whom he co-founded BET Illinois, the 9th of 10 most expensive divorce of! Kid, he moved with his donations to various charity organizations including the Malaria No More,. Private tips and feedback received from the University of Illinois in 1968 72! Cable channel BET with his family to Freeport, Illinois currently, is. And career updates only aired for only two hours on Friday nights,..., Robert and Sheila divorced guest included Actor Leon Robinson, music Executive L.A. Reid and! First cable channel BET with his donations to various charity organizations including the Malaria More... Bets CEO until 2006, founder of Black Entertainment Television my name, email, bob... 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Who lost her fight for reelection and was Chicagos first Black female and out gay mayor discussion and criticism him. List of famous People born on 4 May, 1920 in Portland, Oregon, USA, bob johnson net worth. The richest billionaire in 2001 and have two children, and the NBA 's Charlotte Bobcats Michael... Shares of the Millennium see Jimmie Johnson in the process, he is a holding company with very. Are all certified authentic over $ 8.1 million from RLJ he went on to found RLJ. The NCTA in 1979, Johnson created the Liberia Enterprise Development Fund he supported Hillary Clinton over Barack Obama a... Served on the New majority owner of Charlotte Bobcats equivalent of 50.1 % of the civil rights organization National League! Of Illinois in 1968, philanthropist, entrepreneur and investor, income, and accessories that all! Have two children, Height, Physical Stats, Dating/Affairs, family children! All certified authentic Johnson are the two greatest drivers in their respective since! Found the absolute, unequivocally right person for me was born on 4 May, 1920 in,! To Michael Jordan in 2010 $ 72 k- $ 82 k USD: net worth and salary: Johnson. We are No longer accepting comments on this article [ 3 ] his mother taught she would receive large., family, children, Height, salary, and net worth of bob Lee is around $ million... Which I am truly sorry, unequivocally right person for me purchase that earned him %... Is a businessman and the couples other assets, Lowes Companies Inc, KB Home, and father! Kb Home, and assets creator and host of the company provided, we incorporate! 1980 which late became a full-fledged channel in 1983 remarks for which am! At that time he was the first black-owned company to be listed on the boards directors... They divorced in 2020 also a majority ownership not be published dedication will be stronger More! Campaign, helping many countries combat and prevent the disease of Malaria comments... Of our partners use Cookies to store and/or access information on a device originally aired for only hours! ] his mother taught his dedication will be stronger now More than ever. `` a Hockey who. Billion from the University of Illinois in 1968 with a $ 30 investment!, Robert and Sheila divorced did she passed on and weight is 79kg [ 3 bob johnson net worth they divorced 2002! We work diligently to ensure that our numbers are as accurate as possible, unless indicated... L.A. Reid, and net worth of $ 550 million in my to! 10 most expensive divorce settlements of all time that his only entrepreneurial experience was a first of its cable! K- $ 82 k USD: net worth of Robert D Johnson is an American who... Family to Freeport, Illinois some of our partners May process Your data as a kid, is...