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Who was the first African American Billionaire?

Black History Quiz is a weekly celebration of the contributions and achievements of Africans and thei
Black History Quiz
Who was the first African American Billionaire?
By Jim Stroud • Issue #13 • View online
Black History Quiz is a weekly celebration of the contributions and achievements of Africans and their descendants in the United States and around the world. PLEASE SHARE this newsletter and help spread the word about a proud people and their culture.

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As quoted from FORBES magazine (10.08.01):
“(This African-American) has traveled the classic American journey from modest origins to unimaginable wealth. The ninth of ten children in a working-class family in small-town Illinois, he parlayed a $15,000 loan in 1979 into Black Entertainment Television, one of the cable industry’s richest franchises.
He took it public in 1991, took it private at a $1.3 billion valuation in 1998–and then sold it to Viacom for more than double that earlier this year, netting himself $1.5 billion in Viacom stock for his 63% stake. The deal set him up to build BET, now in almost 70 million homes, into the premiere medium for reaching the U.S.’ 35 million African-American consumers. It also makes him the first black billionaire, earning him the #172 slot on The Forbes 400 list of the richest Americans.”
Do you know his name?
The 1st African American Billionaire in the history of the USA.
The 1st African American Billionaire in the history of the USA.
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THE ANSWER TO THIS WEEK’S QUIZ IS:
Robert Johnson (1946 - present)
Robert L. Johnson - Entrepreneur - Biography
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Jim Stroud

Black History Quiz is a bi-weekly celebration of the contributions and achievements of Africans and the descendants of the diaspora in the United States and around the world. PLEASE SHARE this newsletter and help spread the word about a proud people and their cultures. New issues on Sundays and Thursdays at 6:00 pm EST. | www.blackhistoryquiz.com

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