Viacom acquired BET in 2001 for a reported $3 billion with Robert Johnson earning over $1 billion from the sale making him the first Black American billionaire. Johnson remained the CEO of BET ...

These 23 Black billionaires are worth a combined $96 ... Johnson cofounded cable network BET with her then-husband, Robert Johnson, in 1979, and sold it to Viacom for $3 billion in 2001.

America's Black population faces barriers to success in numerous arenas—from racial wage and racial wealth gaps, which limit ...

Johnson’s rise to billionaire status first started in 1979. That year, she and her now ex-husband Robert Johnson founded Black Entertainment Television (BET). The conglomerate was one of the ...

In November 2000, it was reported that BET was sold to Viacom for $2.3 billion, a deal that made Sheila and Robert Johnson the first Black billionaires in the United States. A few years after the ...

Robert L. Johnson’s journey ... As the founder of BET (Black Entertainment Television), Johnson became the first African American billionaire, cementing his place as one of the most influential ...

In recent years, there has been a surge in Black billionaires across the world. In America alone, the number of Black billionaires has increased from one to 10 in about 20 years. However, most of ...

The year saw the number of billionaires worldwide reach an all-time high. Of the nearly 2,800 billionaires in the world, only 21 are Black ... Earvin “Magic” Johnson earned roughly $40 ...

Kiara Taylor has worked as a financial analyst for more than a decade. Her career has involved a number of financial firms, including Fifth Third Bank, JPMorgan, and Citibank. She has filled a ...