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Sheila Johnson Net Worth

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Sheila Johnson's Net Worth as of 2024
$710 Million

Sheila Crump Johnson was born on the 25th January 1949, in McKeesport, Pennsylvania USA, and is a businesswoman, CEO of Salamander Hotels and Resorts, co-founder of BET, and the owner of the WNBA’s Washington Mystics. Thanks to her entrepreneurial skills, Johnson became the first African-American woman billionaire.

Have you ever wondered how rich Sheila Johnson is, as of mid-2016? According to authoritative sources, it has been estimated that Sheila’s net worth is as high as $710 million, an amount earned throughout her career as a businesswoman. In addition to being a quite successful entrepreneur, her divorce settlement with former husband Robert L. Johnson made her a fantastic $400 million.

Sheila Johnson Net Worth $710 Million

Sheila Johnson was born to an accountant mother and neurosurgeon father, and went to Proviso East High School in Maywood, Illinois, then studied at the University of Illinois. She started her own business after divorcing her husband Robert L. Johnson in 2002, in 2005 founding Salamander Hospitality, a company that includes the Reunion Resort in Florida, a 72 hole PGA Tour golf course in Florida, 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, South Carolina. All add consistently to her net worth.

2005 was the busiest year in her life and career; Johnson purchased the WNBA’s team the Washington Mystics and currently serves as team president, governor, and managing partner. She is also a partner in two other Washington sports franchises: the Washington Capitals (NHL) and the Washington Wizards (NBA). Johnson was a co-founder of BET (Black Entertainment Television), but she and her ex-husband sold the Television to Viacom in 1999, which only increased further her net worth.

Johnson has also produced a few films, including the documentary “Kicking It” in 2008 and “A Powerful Noise” in 2008, premiered at Tribeca Film Festival in New York.

Regarding her personal life, Sheila Johnson was married to Robert L. Johnson from 1969 to 2002, and they have two children together. Later, she married Arlington County Circuit Court Chief Judge William T. Newman, ironically, the man who was the judge over her divorce from Robert L. Johnson. They married in 2005 but had known each other for some 30 years since they participated in a play together.

Sheila is well known as a great philanthropist, and is a Global Ambassador of CARE, a humanitarian organization that fights global poverty. Her movement “Sheila’s I Am Powerful Challenge” managed to raise over $8 million in 2007. Johnson is a Chair of the Board of Governors of Parsons The New School for Design in New York and also is 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.

She is a Democrat, but supported the Republican Virginia gubernatorial candidate Bob McDonnell in 2009 until she slammed him for the omission of slavery during honors of Confederate History Month in 2010.

As the Managing Editor at Net Worth Post, I lead a talented team in delivering compelling content on the lives and achievements of influential figures. With a keen eye for detail and a passion for storytelling, I oversee the production of insightful biographies that resonate with our audience. My role involves not only managing the editorial process but also conducting research, crafting engaging narratives, and ensuring the accuracy and quality of our publications. At NetWorthPost, we strive to provide our readers with in-depth profiles that offer valuable insights into the worlds of business, entertainment, and beyond. Through meticulous research and captivating storytelling, we bring to light the remarkable journeys and successes of individuals who inspire and captivate us.

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Businesspersons

Charles Saatchi Net Worth

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Charles Saatchi is one of the richest and best known businessmen in the world and one of many millionaires. Saatchi’s overall net worth has been stated to be $100 million for 2014. Charles Saatchi was born in Baghdad, Iraq, but later had to move together with his family to London, UK to avoid the persecution of Jews in his home country. He was the second son in the family of four kids. As a teenager Charles was really interested in American pop culture and studied at the London College of Communication. After graduation he began his professional career as a copywriter working for “Benton & Bowles” and later started to work in tandem with an art director, Ross Cramer, and together they formed their own company called “CramerSaatchi”.

Charles Saatchi Net Worth $100 Million

They were successful and took-on employees John Hegarty and Heremy Sinclair, but true success came to Charles later. In 1970 Charles Saatchi started his business together with brother Maurice: they established “Saatchi & Saatchi” agency which had become the largest advertising agency in the world by the mid-80’s with just a huge number of high-profile clients like UK Prime Minister Margaret Thatcher and British Airways. However, Charles and Maurice left the agency and together founded another one called “M&C Saatchi”. They took many of their important clients with them, and one of these was British Airways. Nowadays, thanks to his prosperous business, Charles Saatchi has a net worth of $100 million dollars.

To the rest of the world Saatchi is also known as one of the most famous modern art collectors. He purchased his first art work in 1969 –  by Sol LeWitt,  a minimalist from New York. His passion for paintings only grew, and in 2009 he even published the book “My Name Is Charles Saatchi And I Am An Artoholic” wherein the author answered many questions and even gave some advice about collectibles. But the book didn’t become as popular as Saatchi expected, so the author asked his personal assistant to buy a huge number of books to help his work hit some positions in bestseller charts. Later in 2009 Saatchi appeared on the BBC program “School of Saatchi” and gave many young artists a perfect opportunity to show their talent and showcase artworks: some artists even painted portraits of Saatchi himself. In July 2010 Charles Saatchi donated his Saatchi Gallery to the British public together with 200 works of art.

Saatchi’s personal life has never been very public, but he married his first wife in 1973. He had met Doris Lockhart Dibley in 1965 while working for “Benton & Bowes”. The couple lived together for the six years before marrying, but divorced in 1990.  Saatchi’s second wife was Kay Hartenstein to whom he was married from 1990-2001, and they even had a daughter together. Then Saatchi married for the third time in 2003, to English journalist, food writer, gourmet and television personality Nigella Lawson, but after public disagreements, were divorced 2013.

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Mikey Teutul Net Worth

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Michael Joseph was born 26 November 1978, in Montgomery, New York State USA, and widely known as Mikey Teutul, is a reality television personality, the youngest son of Orange County Choppers founder Paul Teutul, Sr. Mikey began his working life at 14, in the family business.

So just how rich is Mikey Teutul, as of late 2017? Authoritative sources estimate that Mikey has a net worth of over $3 million dollars, largely earned  by working at his father’s and older brother Paul Jr,’s company Orange County Choppers (OCC), and Orange County Iron Works, and through his TV appearances.

Mikey Teutul Net Worth $3 Million

Little is known of Mikey’s early life or education – it seems to have always revolved around the family business. Helping out his family in his teens, theoretically he worked as Assistant General Manager. but his main duties were to answer ‘phones, and clear-up and take out the trash. He was on rare occasions given the chance to build bikes, until he was competent to build his own. He also attended events for promoting OCC.

In 2002, the family was invited to take part in a reality show, Discovery Channel’s “American Chopper”, and subsequently “American Chopper: Senior vs. Junior”, in the course of which the youngest son was thrown out of the business – the middle son is Daniel, and younger sister Cristin. The reason for Mikey’s exclusion was  that Mikey tried to be a mediator between his father and his brother, but his father seemed to be offended that his younger son did not take his side, and so threw him out of the business. During the filming of the show, Mikey was somethoing of a comedy relief to his father’s workers, and that comedy streak helped gain him popularity in TV shows. Mikey then joined his brother’s post-OCC venture, -Paul Jr  Designs – along with most of their father’s employees; obviously the work atmosphere with Paul Teutul, Sr. was not a particularly happy one. Mikey’s eldest brother Paul  Jr. was the former chief fabricator of OCC.

So actually the main source of Mikey Teutul’s wealth is not his father’s business, but the shows he eventually took part in. These have included ‘The Late Show with David Letterman”, “Late Night with Conan O’Brien”, and also “The Tonight Show” with Jay Leno. The shows became very popular and Mikey’s appearances earned him a significant amount of money. To say the least, the family drama did not go without consequences – according to rumours, Mikey Teutul was suffering from an addiction problem, and consequently admitted himself to rehab, and managed to overcome the bad habits which were apparently hindering his progress in life, obviously including business.

In his life away from the businesses already referred to and the limelight of TV, Michael loves to paint, and is apparently respected for his productions, as he opened “The Wolfgang Gallery” gallery in Montgomery, New York, where he has sold or auctioned his paintings, adding somewhat to is net worth, although rumours suggest that the gallery may now be closed. Most recently, Mikey is now trying to enter the market under the moniker LLC FarQueue Products with his line of gourmet pasta sauces. Good luck, Mikey!

In his less-than-private personal life, Mikey is apparently still single – there aren’t even any rumours of romantic liaisons.

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