Along with ex-husband Robert, Sheila Johnson founded the first cable network targeting African-Americans, Black Entertainment Television (BET). In 2001, the Johnsons sold BET to Viacom for $2.9 billion. Cash from the sale landed Sheila a spot on Forbes list of America’s Richest Self-Made Women.
Sheila has since become the first African-American woman to own a majority stake in three professional sports franchises, including the Washington Wizards (NBA), the Washington Capitals (NHL) and the Washington Mystics (WNBA), where she serves as president, managing partner and governor.
Sheila is also the CEO of Salamander Hotels and Resorts.
“When I see things that need to be created or built, I do it.” Sheila Johnson