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Robert L. Johnson is an American entrepreneur, media magnate, and philanthropist. He co-founded BET, became the first black American billionaire, and owned the Charlotte Bobcats.
Apr 2, 2014 · Robert L. Johnson is an American entrepreneur best known as the founder of the BET channel and as the country’s first African American billionaire.
Learn about the life and career of Robert Johnson, a master of the Delta blues style and one of the most influential musicians of the 20th century. Find out how he sold his soul to the devil, recorded his songs, and influenced generations of artists.
Feb 29, 2024 · Robert L. Johnson became a billionaire after selling BET to Viacom in a $3 billion deal. He said his best business advice came from the billionaire businessman John Malone.
- Henry Blodget
- He's the founder of BET. Johnson created BET, a prominent cable station targeted toward an African-American audience, in 1980. He got his start in cable television after working in pay TV, where viewers pay through a subscription to watch a particular channel.
- He had the first black-owned company on the NYSE. In 1991, BET became the first black-owned company to be traded on the New York Stock Exchange, according to CNN Money.
- He came from humble beginnings. For the first few years of Johnson's life, his father chopped and sold timber while his mother taught school in Mississippi.
- He once owned the NBA Bobcats. Johnson became the first black majority owner of an NBA team with the purchase of the Charlotte Bobcats. In 2003, he completed a deal with the city for a $265 million arena that was to open in time for the 2005-2006 season.
May 23, 2018 · Robert L. Johnson is the founder and president of Black Entertainment Television (BET), the first and only cable network to provide solely black programming. He is also a cable television executive, entrepreneur, and media mogul who has faced challenges and opportunities in the black consumer market.
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Nov 21, 2022 · The Television Academy honored Johnson and five other legends for their contributions to the industry. Johnson credited John Malone, his partner in creating BET, and urged the industry to support emerging Black entrepreneurs and artists.
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