Age, Biography and Wiki
George E. Johnson Sr. is an American entrepreneur and philanthropist. He is the founder of Johnson Products Company, the first African-American-owned business to be listed on the American Stock Exchange. He was born in Richton, Mississippi, and attended the Tuskegee Institute, where he earned a degree in chemistry.
Johnson Products Company was founded in 1954 and became a leader in the African-American hair care industry. Johnson Products Company was the first African-American-owned business to be listed on the American Stock Exchange.
Johnson is also a philanthropist, having donated millions of dollars to various charities and organizations. He has also served on the boards of several organizations, including the United Negro College Fund, the National Urban League, and the NAACP.
Johnson is 96 years old and has an estimated net worth of $50 million. He has earned his wealth through his business ventures and philanthropic activities.
Popular As |
N/A |
Occupation |
Businessman · entrepreneur |
Age |
97 years old |
Zodiac Sign |
Gemini |
Born |
12 June, 1927 |
Birthday |
12 June |
Birthplace |
Richton, Mississippi, U.S. |
Nationality |
United States |
We recommend you to check the complete list of Famous People born on 12 June.
He is a member of famous Founder with the age 97 years old group.
George E. Johnson Sr. Height, Weight & Measurements
At 97 years old, George E. Johnson Sr. height not available right now. We will update George E. Johnson Sr.'s Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.
Physical Status |
Height |
Not Available |
Weight |
Not Available |
Body Measurements |
Not Available |
Eye Color |
Not Available |
Hair Color |
Not Available |
Who Is George E. Johnson Sr.'s Wife?
His wife is Joan Henderson (m. May 1950-September 2019)
Family |
Parents |
Not Available |
Wife |
Joan Henderson (m. May 1950-September 2019) |
Sibling |
Not Available |
Children |
4 |
George E. Johnson Sr. Net Worth
His net worth has been growing significantly in 2022-2023. So, how much is George E. Johnson Sr. worth at the age of 97 years old? George E. Johnson Sr.’s income source is mostly from being a successful Founder. He is from United States. We have estimated
George E. Johnson Sr.'s net worth
, money, salary, income, and assets.
Net Worth in 2023 |
$1 Million - $5 Million |
Salary in 2023 |
Under Review |
Net Worth in 2022 |
Pending |
Salary in 2022 |
Under Review |
House |
Not Available |
Cars |
Not Available |
Source of Income |
Founder |
George E. Johnson Sr. Social Network
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Timeline
Johnson received the Horatio Alger Award in 1981. and the Babson Medal in 1983 Johnson received an honorary Doctor of Commercial Science degree from College of the Holy Cross in 1975 and an honorary Doctor of Laws degree from Babson College in 1976.
During the next quarter century, more product lines were introduced like Afro Sheen. Afro-Sheen, one of Johnson's best-known products, was released in the late 1960s, at a time when the "Afro" became a popular hairstyle for African Americans. Over the next few decades, Johnson Products continued to grow, focusing its efforts on not only its products line but on training cosmetologists on the proper usage as well. In 1964, Johnson founded Independence Bank, and during the 1970s he became the exclusive sponsor behind the nationally syndicated dance show Soul Train. In 1971, Johnson Products became the first African American-owned company to be listed on the American Stock Exchange. That same year, Johnson became the first African American to serve on the board of directors of Commonwealth Edison.
In 1954, at the encouragement of co-worker, Johnson left the Fuller company and founded Johnson Products with his wife Joan, focusing on the African American male hair care market. Johnson borrowed $250 from a bank and another $250 from a friend to finance the venture. The company's first product was Ultra Wave, a hair relaxer for men. In 1957, Ultra Sheen, a revolutionary hair straightener that could easily be used in the home, was introduced for women.
Johnson was married to Joan Betty Henderson, whom he met while they were students at Phillips High School. Johnson and Henderson in May 1950 and divorced in 1989. The couple remarried in 1995. Together they had four children; Eric, Joan, John and George E. Johnson Jr.
Johnson was born in Richton, Mississippi, in a three-room sharecropper's shack. When he was two, he moved to Chicago with his mother, Priscilla, after his parents had separated. At the age of eight, while attending Doolittle Elementary School, Johnson also started work as a shoe shine boy. Johnson later attended Wendell Phillips High School but dropped out to work full-time jobs. During the day he was a bus boy and in the evenings he set pins at a local bowling alley. In 1944, Johnson took a job working for Samuel B. Fuller, who owned a cosmetics firm, as a production chemist.
George Ellis Johnson Sr. (born June 12, 1927) is an American businessman and entrepreneur. Johnson is the founder of Johnson Products Company, an international cosmetics empire headquartered in Chicago, Illinois which created products such as Ultra Sheen and Afro Sheen.