After taking BET private again in 1998, Johnson and his partners sold BET Holdings to the giant media group Viacom in 2001 for some $3 billion, though he remained at BET as its chief executive officer until 2005. Sign up for free newsletters and get more CNBC delivered to your inbox. In 1991 BET became the first black-controlled company to be listed on the New York Stock Exchange. Robert L. Johnson is the founder and president of the investment firm RLJ Companies and the founder of Black Entertainment Television. We philosophise Quotes, write alternative Bio's, publish poetry and write articles in this bespoke quote website that takes a look at the most infamous and memorably famous ikons of our millennia. And that's not helping the American people, and it's not helping America as a global nation. Quotes, Bio's, Philosophies and Poetry. Carve your name on hearts, not on marble. All Rights Reserved. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Johnson grew up in Freeport, Illinois, the 9th of 10 children. The two basketball teams also lost money. However, he has since expressed admiration for some of Donald Trump's policies, particularly those related to the economy. Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advanced degree.... Get exclusive access to content from our 1768 First Edition with your subscription. Born: May 8, 1911. ", Asked about Trump's style of leadership —considered divisive by many in America and beyond — Johnson remarked that Trump has "got his own style," though he perhaps needs to "step back a little bit from some of his showmanship. America's political establishment is riven with partisanship that has become "very wicked and very mean," said entrepreneur and media mogul Robert Johnson, who added that the Democratic Party has become too liberal for his liking. Johnson described himself as a long-time centrist and Democrat. It takes many good deeds to build a good reputation, and only one bad one to lose it. In 2006 Johnson transferred ownership of the Sting to the WNBA, and the team folded in 2007. In 2010 he sold a majority stake in the Bobcats to Michael Jordan. Have a very good reason for everything you do. Don't be afraid to give up the good to go for the great. This article was most recently revised and updated by, Blackpast.org - Biography of Robert Louis Johnson. Be not simply good - be good for something. BRIAN JOHNSON TUSKEGEE UNIVERSITY PRESIDENT (2014-2017 Famous Quotes About 'Robert' … In 2007 RLJ Companies, international development and humanitarian aid organization CHF International, and the U.S. Overseas Private Investment Corporation—an independent government agency created in 1971 to aid overseas investments and promote economic development in newly emerging markets—established the Liberian Enterprise Development Finance Company to promote investment and project development in Liberia. BET thrived in the 1990s, adding more cable channels and expanding its reach through new film and publishing divisions, music channels, and a Web site. He publicly supported Hillary Clinton in the 2016 presidential election.
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