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Sheila Johnson turned a $400m divorce into a $1.3bn empire
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Sheila Johnson turned a $400m divorce into a $1.3bn empire
In 2002, a Virginia judge signed the divorce decree that ended Sheila Johnson's 33-year marriage to Robert Johnson, the man she had helped build Black Entertainment Television with from the basement of their Washington home. She walked out of that courtroom with $400 million, her share of the proceeds from the $3 billion sale of BET to Viacom that had made them both billionaires the year before. Most people in her position would have invested th…
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