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Robert Johnson & family

Robert Johnson & family

0% | $ 0M
R. family
Rank
#0
Net Worth
$00.0B
Gender
Male
Age
79Y
Country
United States
Born On
April, 1946
Deceased
No
Relationship Status
Married
Children
2
Education

University Of Illinois

Designation Info :

Self-Made
Yes
Type
Self-Made (Media)
Organization Name
The RLJ Companies
Title
Founder & Chairman
Source

BET (Sold), The RLJ Companies

Industry
Media, Investments, Hospitality, Finance

About R. family


R obert L. Johnson is a groundbreaking American media entrepreneur who is the founder of Black Entertainment Television (BET). He is widely recognized as the first African American billionaire. In 1980, he founded BET as a cable television channel dedicated to providing programming for an African American audience, a market that was largely overlooked by mainstream media at the time. The channel became a massive cultural and commercial success, and a major force in the television industry.

In 2001, he sold BET to the media giant Viacom for approximately $3 billion, a deal that made him the first Black billionaire in the United States. Since the sale, he has focused on his private investment firm, The RLJ Companies, which has a diversified portfolio of investments in a wide range of industries, including hotels, financial services, and automotive dealerships. He was also the first Black majority owner of a major American professional sports team, the Charlotte Bobcats of the NBA (now the Charlotte Hornets), which he later sold to Michael Jordan.

Quick Reads


  • Founder of Black Entertainment Television (BET).
  • He was the first African American billionaire.
  • Sold BET to Viacom in 2001 for about $3 billion.
  • Now runs the private investment firm The RLJ Companies.
  • Was the first Black majority owner of an NBA team, the Charlotte Bobcats.

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