{"id":45411,"date":"2024-03-02T05:45:21","date_gmt":"2024-03-02T05:45:21","guid":{"rendered":"https:\/\/namso-gen.co\/blog\/?p=45411"},"modified":"2024-03-02T05:45:21","modified_gmt":"2024-03-02T05:45:21","slug":"robert-l-johnson-net-worth","status":"publish","type":"post","link":"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/","title":{"rendered":"Robert L. Johnson Net Worth"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_62 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Table_of_Contents\" title=\"Table of Contents\">Table of Contents<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Net_Worth\" title=\"Net Worth\">Net Worth<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Highlights\" title=\"Highlights\">Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Early_Life\" title=\"Early Life\">Early Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Career\" title=\"Career\">Career<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Personal_Life\" title=\"Personal Life\">Personal Life<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Net_Worth_Over_Time\" title=\"Net Worth Over Time\">Net Worth Over Time<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#Components_of_Net_Worth\" title=\"Components of Net Worth\">Components of Net Worth<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Table_of_Contents\"><\/span><strong>Table of Contents<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><a href=\"#net-worth\">Net Worth<\/a><\/li>\n<li><a href=\"#highlights\">Highlights<\/a><\/li>\n<li><a href=\"#early-life\">Early Life<\/a><\/li>\n<li><a href=\"#career\">Career<\/a><\/li>\n<li><a href=\"#personal-life\">Personal Life<\/a><\/li>\n<li><a href=\"#net-worth-over-time\">Net Worth Over Time<\/a><\/li>\n<li><a href=\"#components\">Components of Net Worth<\/a><\/li>\n<\/ul>\n<h3 id=\"net-worth\"><span class=\"ez-toc-section\" id=\"Net_Worth\"><\/span><strong>Net Worth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson, the American businessman, executive, and investor, has a net worth of $650 million.<\/p>\n<h3 id=\"highlights\"><span class=\"ez-toc-section\" id=\"Highlights\"><\/span><strong>Highlights<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>&#8211; Co-founded the cable channel BET.<\/p>\n<p>&#8211; Founded the asset management firm RLJ Companies.<\/p>\n<p>&#8211; Was the majority owner of the NBA&#8217;s Charlotte Bobcats.<\/p>\n<p>&#8211; First African-American billionaire.<\/p>\n<h3 id=\"early-life\"><span class=\"ez-toc-section\" id=\"Early_Life\"><\/span><strong>Early Life<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson was born on April 8, 1946, in Hickory, Mississippi. He was the ninth of ten children born to farmer Archie and schoolteacher Edna. Johnson moved with his family to Freeport, Illinois, during his childhood.<\/p>\n<p>He attended the University of Illinois Urbana-Champaign and graduated in 1968 with a bachelor&#8217;s degree in social studies. Johnson then pursued further education at Princeton University, where he earned a master&#8217;s degree in public affairs in 1972.<\/p>\n<h3 id=\"career\"><span class=\"ez-toc-section\" id=\"Career\"><\/span><strong>Career<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson began his career in the television industry as the public affairs director for the Corporation for Public Broadcasting. He later served as the director of communications for the National Urban League and as a press secretary to Congressman Walter E. Fauntroy.<\/p>\n<p>In 1980, Johnson co-founded the cable television channel BET (Black Entertainment Television) with his wife Sheila Johnson. Initially, BET aired for only two hours on Friday nights but later expanded into a full-fledged independent channel. In 1991, BET became the first black-controlled company listed on the New York Stock Exchange. Viacom acquired BET in 2000 for $3 billion.<\/p>\n<p>After leaving BET in 2006, Johnson founded the asset management firm RLJ Companies. The company has diverse holdings, including hotel real estate, private equity, insurance services, car dealerships, and sports and entertainment brands.<\/p>\n<p>In 2002, Johnson made history by becoming the first African-American majority owner of a major American sports team, the NBA&#8217;s Charlotte Bobcats. He later sold his majority stake in the team to Michael Jordan in 2010.<\/p>\n<p>Johnson has also been involved in various other business ventures, serving on the boards of directors of companies such as KB Home, Think Finance, Lowe&#8217;s Companies, Hilton Hotels, and General Mills. In the television industry, he founded the video-on-demand streaming service Urban Movie Channel, which was later renamed Allblk.<\/p>\n<h3 id=\"personal-life\"><span class=\"ez-toc-section\" id=\"Personal_Life\"><\/span><strong>Personal Life<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson married Sheila Johnson in 1969, and they co-founded BET together. They have two children but divorced in 2002. Following the divorce, Johnson paid Sheila $400 million, making it one of the most expensive divorce settlements in history.<\/p>\n<p>In 2010, Johnson entered a relationship with student Lauren Wooden, 33 years his junior. They got married in 2016 and divorced in 2020.<\/p>\n<h3 id=\"net-worth-over-time\"><span class=\"ez-toc-section\" id=\"Net_Worth_Over_Time\"><\/span><strong>Net Worth Over Time<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson&#8217;s net worth has fluctuated over time due to various business ventures and investments. As of now, his net worth is estimated to be $650 million.<\/p>\n<h3 id=\"components\"><span class=\"ez-toc-section\" id=\"Components_of_Net_Worth\"><\/span><strong>Components of Net Worth<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Robert L. Johnson&#8217;s net worth is primarily derived from his successful career in the television and entertainment industry, particularly his co-founding of BET. He also generated wealth through the sale of BET to Viacom and his ownership of the NBA&#8217;s Charlotte Bobcats. Additionally, Johnson&#8217;s asset management firm RLJ Companies has contributed to his net worth, as it holds diverse investments in various industries.<\/p>\n<p>Johnson&#8217;s net worth is also influenced by his ownership stakes in other companies and his involvement in philanthropy, including partnerships with actor Morgan Freeman and initiatives such as the Liberia Enterprise Development Fund.<\/p>\n<p>Overall, Robert L. Johnson&#8217;s net worth reflects his entrepreneurial success and diverse investment portfolio.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Table of Contents Net Worth Highlights Early Life Career Personal Life Net Worth Over Time Components of Net Worth Net Worth Robert L. Johnson, the American businessman, executive, and investor, has a net worth of $650 million. Highlights &#8211; Co-founded the cable channel BET. &#8211; Founded the asset management firm RLJ Companies. &#8211; Was the &#8230; <\/p>\n<p class=\"read-more-container\"><a title=\"Robert L. Johnson Net Worth\" class=\"read-more button\" href=\"https:\/\/namso-gen.co\/blog\/robert-l-johnson-net-worth\/#more-45411\">Read more<span class=\"screen-reader-text\">Robert L. Johnson Net Worth<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":107420,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86278],"tags":[],"class_list":["post-45411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-net-worth","no-featured-image-padding"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Robert L. 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