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Robert Louis Johnson (born April 8, 1946) is an American entrepreneur, media magnate, executive, philanthropist, and investor. He is the co-founder of BET, which was acquired by Viacom in 2001. He also founded RLJ Companies, a holding company that invests in various business sectors.
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.
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.
- 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.
Robert L. Johnson (born April 8, 1946, Hickory, Mississippi, U.S.) is an American businessman, founder of Black Entertainment Television (BET), and the first African American majority owner of a major professional sports team in the United States.
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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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.
