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Sheila Johnson Net worth

Sheila Johnson Net worth

Net Worth: $710 Million

  • Source of Wealth BET,Sport franchise,investments
  • Marital Status Married (William T. Newman)
  • Full Name Sheila Crump Johnson
  • Nationality United States
  • Date of Birth January 25, 1949
  • Ethnicity Caucasian
  • Occupation Entrepreneur
  • Education University of Illinois
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About Sheila Johnson

Co-founded Black Entertainment Television with former husband Robert Johnson; couple met in college at University of Illinois. Duo sold network to Viacom for $3 billion in stock and assumed debt; split fortune in divorce in 2002 after 33-year marriage. Today she is chief executive of Salamander LLC, which controls a portfolio of luxury resorts. Through investment in Lincoln Holdings, she is the first African-American woman to be an owner or partner in three professional sports franchises: the Washington Capitals (NHL), the Washington Wizards (NBA), and the Washington Mystics (WNBA).  Johnson is the Mystics’ president and managing partner.

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 June 2016, she joined Forbes’ list of America’s richest self-made women with an estimated net worth of $710 million.

Earnings & Financial Data

The below financial data is gathered and compiled by TheRichest analysts team to give you a better understanding of Sheila Johnson's net worth by breaking down the most relevant financial events such as yearly salaries, contracts, earn outs, endorsements, stock ownership and much more.

Choose Year
  • Earnings 2013
  • Earnings 2010
  • Earnings 2006
  • Earnings 2005
  • Earnings 1999
  • Earnings 1974
  • Earnings 1970
Earnings 2013 N/A
Project Earnings 2013

Gross earnings of the film "The Butler" where Johnson served as one of the producers

Earnings 2010 N/A
Asset 2010

The market value of Sheila Johnson's Salamander Resort & Spa

Earnings 2006 N/A
Earning Turned Donation 2006

In 2006, she donated $4 million to CARE, an organization that aims to end poverty

Earnings 2005 N/A
Asset 2005

In 2005, she bought a golf property for $35 million

Earnings 1999 N/A
Sale of Asset 1999

Amount earned from the sale of the "Black Entertainment Television" network which she established with her husband

Earnings 1974 N/A
Salary 1974

After leaving Sidwell, she started her own business as a private instructor which increased her annual income to $64k

Earnings 1970 N/A
Salary 1970

Annual salary for working for Sidwell

Show all earnings