Wiki Biography of Sheila Johnson
Sheila Crump Johnson is a businesswoman who is the CEO of Salamander Hotels and Resorts, a co-founder of BET, and the owner of the WNBA’s Washington Mystics. She was born on January 25, 1949, in McKeesport, Pennsylvania, USA. Johnson became the first African-American woman to become a billionaire as a result of her business acumen.
Have you ever wondered how wealthy Sheila Johnson is right now, in the middle of 2016? Sheila’s net worth has been reported to be as high as $710 million, a figure achieved over her career as a businesswoman, according to credible sources. Her divorce settlement with former spouse Robert L. Johnson made her a great $400 million, in addition to being a very successful entrepreneur.
Johnson, Sheila $710 million in net worth
Sheila Johnson was born in Maywood, Illinois, to an accountant mother and a neurosurgeon father. She attended Proviso East High School and subsequently the University of Illinois. After divorcing her husband Robert L. Johnson in 2002, she founded Salamander Hospitality, which includes the Reunion Resort in Florida, a 72-hole PGA Tour golf course, The Innisbrook Resort and Golf Club, a 900-acre (3.6 km2) The Salamander Resort & Spa in the Blue Ridge Mountains in Middleburg, VA, and The Woodlands Resort & Inn in Summerville, SC. All of this adds up to a steady increase in her net worth.
Johnson’s busiest year in life and profession was 2005, when she bought the WNBA’s Washington Mystics and now serves as team president, governor, and managing partner. She is also a partner in two additional Washington sports teams: the NHL’s Washington Capitals and the NBA’s Washington Wizards (NBA). Johnson co-founded BET (Black Entertainment Television), but she and her ex-husband sold the network to Viacom in 1999, boosting her net worth much more.
Johnson has also produced a number of projects, including the 2008 documentary “Kicking It” and the 2008 film “A Powerful Noise,” both of which premiered at the Tribeca Film Festival in New York. Sheila Johnson was married to Robert L. Johnson from 1969 to 2002 and had two children with him. Later, she married William T. Newman, Chief Judge of the Arlington County Circuit Court, who, ironically, was the judge who oversaw her divorce from Robert L. Johnson. They married in 2005, but they had known each other for over 30 years, having performed together in a play.
Sheila is a well-known philanthropist and a Global Ambassador for CARE, a humanitarian organization dedicated to eradicating poverty across the world. In 2007, her “Sheila’s I Am Powerful Challenge” raised more than $8 million. Johnson serves on the boards of VH1’s Save the Music Foundation, the University of Illinois Foundation Americans for the Arts, the University of Virginia, and the Curry School of Education Foundation in addition to being the Chair of the Board of Governors of Parsons The New School for Design in New York. She is a Democrat who backed Republican Virginia gubernatorial candidate Bob McDonnell until she chastised him in 2010 for excluding slavery from Confederate History Month honors.
|Net Worth||$710 Million|
|Date Of Birth||January 25, 1949|
|Place Of Birth||McKeesport, Pennsylvania, United States|
|Education||Proviso East High School|
|Spouse||William T. Newman (m. 2005), Robert L. Johnson (m. 1969–2002)|