Robert Johnson (#3379)
- $ 1 B
- Black Entertainment Television
- United States
- M
- 80 Years
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About Me
Robert L. Johnson made history by launching Black Entertainment Television (BET) in 1980. BET became the first Black-owned company to trade on the New York Stock Exchange starting in 1991. Johnson, who cofounded BET with his now ex-wife Sheila Johnson, took BET private at a $1.3 billion valuation in 1998, then flipped it three years later to Viacom for $3 billion. He led a group that paid $300 million for the Charlotte Bobcats (now Hornets) NBA expansion team in 2003. He sold his majority stake to Michael Jordan in 2010. Today, his RLJ Companies spans private equity, auto dealerships and RLJ Lodging Trust, a publicly traded hotel REIT.
Achievements
Career Highlights
A snapshot of the defining milestones, leadership decisions, and breakthroughs that shaped Robert Johnson’s rise and global influence.
Wealth Growth
Net Worth Growth Over Time
Tracking Robert Johnson’s net worth journey over the years, highlighting key growth phases and financial milestones.
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