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An owner of the Sacramento Kings is driving hard into the Opportunity Zone market. RevOZ—an investment arm of the Bhatal Family,—plans on investing roughly $250 million into OZ projects. It Robert L. Johnson, the black business mogul who founded BET and became the first American black billionaire after selling the media company, was not allowed to check-in at a 5-star luxury hotel in... Robert L. Johnson founded Black Entertainment Television (BET) in 1979 with his wife, Sheila. He became the first African American billionaire after selling the network to Viacom in 2001. By 1983 BET was a full-fledged cable network averaging a half million viewers a week. BET would continue to grow over the next decade. 4. Sale of BET. In 1991 BET went public and was listed on the New York Stock Exchange. It was the first African American owned business to do so in the United States of America. The company continued to grow. Bet 365 owner: The £90m house that bets built When gambling billionaire Denise Coates decided to build her dream home, she hired the architects behind the Gherkin, Reichstag and Wembley Stadium BET founder Robert Johnson, America's first black billionaire, Johnson dropped off the Billionaires List in 2009 as the stock price of BET's new owner, Viacom, fell. Is former BET owner/billionaire, Bob Johnson, going broke? Possibly, according to a report from The Daily Beast, which is why he unloaded NBA franchise, the Charlotte Bobcats, to Michael Jordan See new, digital originals and classic BET shows only here on BET.com. The network was founded by an African American, Robert Johnson, in the ’80s, but in 2003, BET was sold to Viacom, which also owns MTV and VH1. The sale made Johnson one of the first black BET founder Robert Johnson, a lifelong Democrat and America’s first black billionaire, has assessed the Democratic contenders in next year’s presidential election.
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