Robert johnson billionaire biography of martin
Robert L. Johnson
| Businessman, founder of the telecommunications company Black Entertainment Television. Date of Birth: Country: USA |
Content:
- Early Life and Education
- Foundation of Black Entertainment Television
- Sale of BET and Personal Life
- 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.
It launched in , initially broadcasting for only two hours a week.
Billionaire Springboard America is a survey site. This experience provided him with valuable insights into the world of politics and business. Watch Next. Johnson is the first Black individual to be named on one of Forbes' "world's richest" lists.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.
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