Sheila Johnson Net Worth

Sheila Johnson was born on January 25, 1949 in The Plains, Virginia, United States. She is best known for cofounding the Black Entertainment Network (BET) with her ex-husband Robert, which was sold to Viacom for $2.9 billion (including debt) in 2001. She has since gone on to invest in a variety of industries, including hotels, planes, real estate, and horses, and produced and financed the 2013 film Lee Daniel's The Butler.

Age, Biography and Wiki

Birth Day January 25, 1949
Birth Place The Plains, Virginia, United States
Age 75 YEARS OLD
Birth Sign Aquarius
Residence Between Middleburg and The Plains, Virginia, U.S.
Education Proviso East High School
Alma mater University of Illinois
Occupation Businesswoman
Known for Co-founder of Black Entertainment Television
Spouse(s) Robert L. Johnson (m. 1969; div. 2002) William T. Newman (m. 2005)
Children Two

💰 Net worth: $840 Million (2024)

Sheila Johnson, born on January 25, 1949, in The Plains, Virginia, United States, is a woman of incredible achievement and wealth. As a successful entrepreneur and businesswoman, she has amassed an estimated net worth of $840 million as of 2024. Johnson's remarkable financial success is a testament to her hard work and determination. Alongside her financial accomplishments, she is also renowned for her philanthropic efforts and dedication to empowering women and disadvantaged communities. Overall, Sheila Johnson's remarkable journey serves as an inspiration for aspiring entrepreneurs and showcases the rewards that can come from pursuing one's dreams relentlessly.

2015 $700 Million
2016 $710 Million
2017 $750 Million
2018 $750 Million

Some Sheila Johnson images

Biography/Timeline

1949

Sheila Johnson was born on January 25, 1949 in McKeesport, Pennsylvania, the daughter of a neurosurgeon Father who worked for the Veterans Administration, and an accountant mother.

1969

For 33 years from 1969–2002, she was married to Robert L. Johnson. Together they founded the entertainment network BET. They sold the company to Viacom in 1999. They have two children.

2002

After her divorce from Robert L. Johnson in 2002, she was estimated to be worth about $670 million. In 2009, Forbes magazine estimated her net worth to be $400 million. In May 2017, Johnson's net worth was placed at $750 million.

2005

On September 24, 2005, she married Arlington County Circuit Court Chief Judge william T. Newman, who had presided over her divorce from Robert L. Johnson in 2003. The couple first met three decades earlier when they acted in a play together.

2007

In 2007 Johnson was honored as one of the Library of Virginia's "Virginia Women in History" for her career and her contributions to society.

2008

Johnson's first film, Kicking It, premiered at the 2008 Sundance Film Festival in Park City, UT. She served as sole executive Producer on her second film, A Powerful Noise, which premiered at the 2008 Tribeca Film Festival in New York.

2009

Johnson is a Democrat, although in 2009 she endorsed Republican Virginia gubernatorial candidate Bob McDonnell. In early October 2009, Johnson mocked the stutter of Democratic gubernatorial candidate Creigh Deeds at a rally for McDonnell's campaign. She later apologized.

2010

In April 2010, Johnson condemned Virginia Governor Bob McDonnell for his proclamation honoring Confederate History Month because it omitted any reference to slavery.

2019

In an interview, Sheila Johnson said she herself is "ashamed" of what the BET has become. “I don’t watch it. I suggest to my kids that they don’t watch it," she said. “When we started BET, it was going to be the Ebony magazine on television. We had public affairs programming. We had news... I had a show called Teen Summit, we had a large variety of programming, but the Problem is that then the video revolution started up... And then something started happening, and I didn’t like it at all. And I remember during those days we would sit up and watch these videos and decide which ones were going on and which ones were not. We got a lot of backlash from recording artists... and we had to start showing them. I didn’t like the way women were being portrayed in these videos.”