Sheila Johnson net worth

Sheila Johnson net worth

Net Worth: $500 Million

About Sheila Johnson

Sheila Johnson net worth

Sheila Johnson is one of the wealthiest females in the world. It has been claimed that the current size of Sheila Johnson net worth reaches 500 million dollars, which she has earned because of her successful work in business. She is mostly known as one of the founders of BET. In addition, she holds the position of CEO of Salamander Hotels and Resorts. Her net worth makes her the first African American female billionaire. Thus, her many business ventures made her not only more known in the industry, but also added up a lot of revenues to the total sum of Sheila Johnson net worth.
Before the season of 2005 started, Sheila Johnson became team president, managing partner, and governor of the Washington Mystics team, which competes in the WNBA. Sheila Johnson holds the position of the president of the Lincoln Holdings LLC. She became the first African American female who has become an owner or partner of three professional sports teams, those being the Washington Mystics, the Washington Wizards and the Washington Capitals. Thus, working with them has also added up to the overall amount of Sheila Johnson net worth.

In 2005, Sheila Johnson established Salamander Hospitality, where she serves as the CEO. She manages many other business ventures, including Reunion Resort, The Innisbrook Resort and Golf Club, The Woodlands Resort & Inn, The Salamander Resort & Spa and 72 hole PGA tour golf course in Florida. Thus, all of these involvements have increased the total size of Sheila Johnson net worth by a mile. One of those ventures, The Woodlands Resort & Inn, has been purchased by Johnny Linton, but the company is still managed by Salamander.
Sheila Johnson was born in 1949 in Pennsylvania. Her mother was an accountant, whereas her father was a neurosurgeon. After high school, Sheila Johnson continued her studies at the University of Illinois. In addition to her successful business development, Sheila Johnson is known for her philanthropic activities. She is a Global Ambassador for CARE, which is an organization working on decreasing the global poverty. In 2007, during her event titled “Sheila’s I Am Powerful Challenge”, more than 8 million dollars were raised. Sheila Johnson is the Chair of the Board of Governors of Parsons The New School for Design in New York.
She provided financial support to establish the Sheila C. Johnson Design Center. She is a board member of some other organizations and establishments, such as the Curry School of Education Foundation at the University of Virginia, the University of Illinois Foundation, Americans for the Arts and VH1’s Save the Music Foundation. Sheila Johnson is a member of Sigma Alpha Iota music fraternity for women as well as the Council on Foreign Relations. She is the Ambassador for the Healthy Site Institute.
Sheila Johnson has also ventured into the film industry. Her first film debuted at the 2008 Sundance Film Festival, called “Kicking It”. Her second movie debuted at the 2008 Tribeca Film Festival, called “A Powerful Noise”, where she served as its executive producer.

Now you have an idea why Sheila Johnson net worth is this huge

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