Robert Louis Johnson is an American media magnate, philanthropist, entrepreneur and investor. He is the founder of RLJ Companies which invests in different business sector and also co-founder of BET which was later acquired by Viacom in 2001.
He is also a majority owner of Charlotte Bobcats.
In 2001, he was named America’s first billionaire, with his companies counting among the most prominent African-American businesses in the early twenty-first and late twentieth centuries.
Early Life & Biography
Born in 8 April 1946 in Hickory Mississippi, Bob was the ninth of the ten children to Archie JOHNSON AND Edna Johnson. His father was a farmer while his mother was a school teacher.
When he was still a child, his parents moved together with them to Freeport, Illinois.
Bob attended the University of Illinois where he graduated in 1968 with a bachelor’s degree in social studies. In the same university, Bob was a member of the Kappa Alpha Psi fraternity.
In 1972, he obtained a master’s degree in public affairs from the Woodrow Wilson School at Princeton University.
Age, Height, Weight and Body Measurements
Being born on 8 April 1946, Bob Johnson is 76 years old as of today’s date 3rd June 2022. His height is 1.7m tall, and weight is 79kg.
In 1969, Bob married Sheila Johnnson. The marriage lasted until 2001 having sired two children. He started dating Lauren Wooden, who was 33 years his junior, in 2010. Lauren’s records show that she was pursuing a doctorate in international business management in Paris.
Bob and Lauren married in May 2016 at Auberge Du Soleil in Napa Valley region of California where Greg Mathis officiated. Leon Robinson an actor, music executive L.A Reid and Bill Clinton’s former Chief of Staff, Mack McLarty were intimate ceremony guests in the occasion. The marriage only lasted but until 2020 when they divorced.
Awards & Achievements
Bob has achieved much in his right. He has served on the board of directors at various organizations and firms. To mention but some, they include Strayer Education, Lowe’s Companies Inc, KB Home, and the NBA Board of Governors.
Bob has been accorded on of the greatest philanthropist with his donations to various charity organizations including the Malaria No More in 2012. He also invested a $30 million starting amount fund for Liberian Entrepreneurs, called Liberia Enterprise Development Fund.
Net Worth & Salary of Bob Johnson in 2022
Bob’s primary source of wealth has been from various investments that have earned him lots of returns. 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.
When BET was bought by Viacom, he made an asset sale of $3million in 2001. He has also made a private equity fund in Africa valued at $30million.
He also owns over 13,755 units of RLJ Lodging Trust Stock. He sold stock worth over $8.1 million from RLJ. He also makes $2.54 million as Executive Chairman of the Board of Trustees at RLJ.
As of June 2022, Bob Johnson’s net worth is rated at $1 billion.
Having rose into ranks as an African-American, Bob Johnson prides himself a place as one of the greatest entrepreneurs of his time.