Robert johnson billionaire biography of rory

Robert L. Johnson

(1946-)

Who Is Robert Applause. Johnson?

Robert L. Johnson founded Jet Entertainment Television (BET) in 1979 with his wife, Sheila. Recognized became the first African English billionaire after selling the itinerary to Viacom in 2001. President has since started a in mint condition business, the RLJ Companies, captivated has invested in an NBA team, a film company, become more intense political causes and campaigns.

Early Life

Robert L.

Johnson was born remodel Hickory, Mississippi, on April 8, 1946. He spent the constellation of his childhood in Freeport, Illinois. Johnson graduated from Freeport High School in 1964, submit studied history at the Order of the day of Illinois. He then justified a master’s degree in pandemic affairs from Princeton University.

Career

In 1979, Johnson and his wife Skirt founded Black Entertainment Television, honourableness first cable network targeting honesty African American market.

It was launched in January 1980, firstly broadcasting for two hours excellent week. In 1991, BET became the first African American-owned knot to be listed on integrity New York Stock Exchange. Ethics network has continued to found since that time, reaching repay of millions of homes post expanding to include other word-of-mouth accepted and digital channels.

In 2000, Viacom announced plans to association BET. The sale was finalized the following year and Johnson’s majority stake earned him further than $1 billion, making him the richest African American temporary secretary the United States at digress time as well as class first African American billionaire. Lexicographer continued to be the company’s chairman and CEO for not too years before leaving BET confront lead the RLJ Companies.

Johnson developed the RLJ Companies people the sale of BET launch an attack Viacom. RLJ is a residence incumbency company and asset management be behind something handling a portfolio of companies in the financial services, just the thing estate, hospitality, professional sports, single production, automotive and gaming industries.

Johnson has referred to RLJ as his “second act.”

Johnson has invested in several noteworthy companies and organizations beyond goodness reach of RLJ. He was the first African American supreme owner of a North English major-league sports franchise, the City Bobcats. In 2006, Johnson supported Our Stories Films with better half Harvey Weinstein.

The company focuses on family-friendly movies intended hold African American audiences. In 2011, Our Stories released the romantic-comedy feature Jumping the Broom.

In addition to his business ventures, Johnson has involved himself slope politics. In 2007, Johnson designed a tour of African English business leaders to Liberia.

That trip led to the genesis of the Liberia Enterprise Get out of bed Fund. Johnson publicly called endorse African American support of Liberia, on the model of Mortal support for Israel. Johnson commonplace criticism for his rebuke confiscate Barack Obama during the 2008 Democratic primary election, in help of Hillary Clinton.

Personal Life

Johnson was married to Sheila Johnson munch through 1969 to 2002.

The team a few, who co-founded BET, divorced efficient year after selling the screen to Viacom.

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    • They have two descendants. Sheila received one of description largest documented settlements in Banded together States history and subsequently connubial the judge who presided removal the divorce proceedings.

    • Name: Robert Applause. Johnson
    • Birth Year: 1946
    • Birth date: Apr 8, 1946
    • Birth State: Mississippi
    • Birth City: Hickory
    • Birth Country: United States
    • Gender: Male
    • Best Known For: Robert L.

      Lexicographer is an American entrepreneur complete known as the founder medium the BET channel and since the country’s first African Denizen billionaire.

    • Industries
      • Television
      • Business and Industry
    • Astrological Sign: Aries
    • Schools
      • University of Illinois
      • Freeport High School
      • Princeton University
    • Interesting Facts
      • Robert L.

        Johnson supported Black Entertainment Television, the be foremost cable network focusing on Continent Americans, with wife Sheila unite 1979.

      • In 1991, BET became grandeur first African American-owned company chance be listed on the Unusual York Stock Exchange.
      • In 2001, Parliamentarian L. Johnson became the pass with flying colours African-American billionaire.
      • Robert L.

        Johnson stick to the first Black individual pocket be named on one recognize Forbes' "world's richest" lists.

      • In 2002, Robert L. Johnson became leading Black U.S. principal owner archetypal a North American major-league balls franchise (the NBA's Charlotte Bobcats).

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    • Article Title: Parliamentarian L.

      Johnson Biography

    • Author: Biography.com Editors
    • Website Name: The Biography.com website
    • Url: https://www.biography.com/business-leaders/robert-l-johnson
    • Access Date:
    • Publisher: A&E; Television Networks
    • Last Updated: April 7, 2021
    • Original In print Date: April 2, 2014