Johnson, 74, became the first black billionaire in 2001 when he sold BET to Viacom. Soon after, he started the investment firm,The RLJ Cos. Johnson called reparations the “affirmative action program of all time,” saying it would signal that white Americans acknowledge “damages that are owe...
"The fact that we were first, the fact that we symbolized what Black Americans can do if given an opportunity was the proudest, one of the proudest days of my life in business." Johnson, who is no longer on theForbes billionaire list, took BET private in 1998 and sold it toViacom...
In 2001 Johnson became the first African American billionaire, and the first black person to be listed on any of Forbes world's rich list. In 2009 Forbes estimated that his net worth declined to $550 million, many speculate due to hastily and thus poorly made financial decisions, many of ...
In 2001 Johnson sold BET to Viacom. The deal was worth $3 billion and required that Johnson remain CEO for five more years. This move made Johnson the first African American billionaire in the United States. After selling BET, Johnson formed the RLJ Companies, where he began new ventures. ...
Cable Billionaire Sets Sights on Financial Services.(Robert L. Johnson)(Interview)After spending 25 years building the first cable television network aimed at African-Americans, Robert L. Johnson says he is looking to carve a niche in financial services, eventually including bank ownership.Ackermann,...
Fox said late Sunday night that it is developing a drama series tentatively titled Billionaire Apocalypse that hails from The Morning Show creator Jay Carson and counts Hugh Jackman among its executive producers.The drama, from Fox Entertainment Studios for the Fox network, is written and executive...
According to audio obtained byCNN’s KFile of Kennedy during his time as a host of the radio show “Ring of Fire,” in 2016 Trump’s nominee to head the Department of Health and Human Services compared Trump to authoritarians likeAdolf Hitler, and lauded critiques calling his supporters “...
Threads is a new application and social network created by the Instagram team, which is part of the Meta group, led by billionaire entrepreneur Mark Zuckerberg. The launch of Threads has had a positive impact on the market, as Meta’s stocks experienced an increase of nearly 3% during an un...
Before Black Panther 3, Ryan Coogler is all set to impress the viewers with a horror flick, titled Sinners. He will reunite with his Black Panther villain, Michael B. Jordan, who will be playing a dual role in this film. Coogler’s production company Proximity Media is behind the film an...
as deputy assistant to the president for strategic communications, has pushed anti-Islamic views, criticized the Black Lives Matter movement and peddled conspiracy theories, penning an essay before the 2020 election suggesting that billionaire George Soros and the Democratic Party were planning a c...