Sheila Johnson
$1.2B
Born
Jan 25, 1949
Age
77
Source of Wealth
Cable TV, hotels
Residence
The Plains, Virginia
Citizenship
United States
Marital Status
Married
Children
2
Education
Bachelor of Arts/Science, University of Illinois, Urbana-Champaign
- Sheila Johnson cofounded cable TV channel Black Entertainment Television in 1979 with her then-husband Robert Johnson. Viacom bought it for $3 billion in 2001.
- After her divorce in 2002, she sold her BET shares and has since invested in a portfolio of hotels known as the Salamander Collection, as well as other real estate and horses.
- Her Innisbrook resort in Palm Harbor, Florida, hosts an annual PGA Tour championship.
- She was an executive producer of the critically-acclaimed 2013 film The Butler, which tells the story of a former slave turned White House employee.
- Through her investment in Monumental Sports & Entertainment, she owns stakes in three Washington sports teams: the WNBA's Mystics, NBA's Wizards and NHL's Capitals.
- Johnson is the only black woman to own stakes in three professional sports teams.
- Johnson's parents enrolled her in an all-white school in early 1950s Kentucky before desegregation was federally mandated.
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