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Due to her father's job with the Veterans Administration, Johnson's family was often on the move, relocating 12 times during her childhood before finally settling down for good in Maywood, Illinois, just outside of Chicago.

BET founder Bob Johnson and his romance with Lauren Wooden began five years ago.

In 1991, BET became the first African American-owned company to be listed on the New York Stock Exchange.

Sheila Johnson was born on January 25, 1949, in Mc Keesport, Pennsylvania.

There’s one less heiress on the market: Paige Johnson got married Saturday.

Johnson also displayed flashes of her future entrepreneurial spirit as a child.

She crafted purses out of oatmeal boxes and potholders, going door-to-door to sell them to her neighbors.

Johnson is currently part-owner of sports teams including the Washington Capitals (NHL), the Washington Wizards (NBA) and the Washington Mystics (WNBA) and is the second wealthiest black female in the United States.

Entrepreneur Sheila Crump Johnson was born on January 25, 1949, in Mc Keesport, Pennsylvania.