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Robert L. Johnson Created the Most Black Millionaires In US History After Selling BET

Black Entertainment Television (BET) founder and former Charlotte Bobcats owner Robert L. Johnson discussed the network’s creation and how its sale created numerous Black millionaires.

Johnson spoke with BLACK ENTERPRISE CEO and President Earl “Butch” Graves Jr. at the annual Black Men Xcel Summit.

The two discussed how Johnson got the idea for BET from Ebony founder John Johnson (no relation) who, at the time, was making content about the rise of the Black middle class.