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Robert L. Johnson

Businessman, founder of the telecommunications company Black Entertainment Television.
Date of Birth:
Country: USA

Content:
  1. Early Life and Education
  2. Foundation of Black Entertainment Television
  3. Sale of BET and Personal Life
  4. Continued Business Success

Early Life and Education

Robert Johnson, born on April 8, , is an American businessman and the founder of Black Entertainment Television (BET).

He grew up in Freeport, Illinois, where he graduated from Freeport High School in

Johnson went on to earn his bachelor's degree in history from the University of Illinois in , where he also served as chapter president of Kappa Alpha Psi fraternity. In , he completed a master's degree in international relations from Princeton University.

Foundation of Black Entertainment Television

In , Johnson established BET, the first cable television network targeted towards African American audiences.

Robert johnson billionaire biography of martin luther He was the first black American billionaire named by Forbes Magazine. The successful businessman has become one of the greatest entrepreneurs and philanthropists in the world. Johnson has helped many businesses throughout the world launch, has helped and donated to many philanthropic causes throughout the world and even owns a professional sports team. Robert Johnson came from humble beginnings. He was the ninth of ten children born to Edna and Archie Johnson.

It launched in , initially broadcasting for only two hours a week. Within 11 years, BET became the first publicly traded company under the leadership of a Black president.

Sale of BET and Personal Life

In , Johnson sold 63% of BET to Viacom for $3 billion. Following the sale, he went through a divorce, with his wife Sheila receiving an estimated $1 billion settlement.

Johnson remained chairman and CEO of the company for six years after the sale.

Robert johnson billionaire biography of martin luther king Robert Louis Johnson born April 8, is an American entrepreneur, media magnate, executive, philanthropist, and investor. Johnson was born in in Hickory, Mississippi , the ninth out of ten children to Edna and Archie Johnson. After graduating from Princeton, Johnson found a job in Washington, D. He served as the public affairs director for the Corporation for Public Broadcasting. In this position is where he learned of the power and untapped potential of television.

In , he assumed the role of president and chief operating officer.

Continued Business Success

In , BET's cable network reach extended to nearly all households in the United States, with approximately 65 million subscribers. Alongside his work with BET, Johnson holds leadership positions with the Hilton Hotels Corporation.

Johnson is happily married and has two children, a daughter named Paige and a son named Brett.

His net worth was estimated at $1 billion in