John H. Johnson

Date of Birth: January 19, 1918

Zodiac Sign: Capricorn

Date of Death: August 8, 2005

Biography

John H. Johnson was an American businessman and publisher, best known as the founder of the Johnson Publishing Company. Born in Arkansas City, Arkansas, Johnson’s early life was marked by poverty and struggle. Despite these challenges, he was determined to achieve success. In 1942, he launched “Negro Digest,” which later evolved into “Ebony” and “Jet,” two of the most influential African American magazines in the United States. Johnson’s entrepreneurial spirit and innovative approach to publishing made him a pioneer in the media industry. He created a platform that celebrated African American culture, achievements, and beauty, which was largely neglected by mainstream media at the time. His work not only provided a voice for the African American community but also helped to shape and influence public opinion and cultural norms. Throughout his career, Johnson received numerous accolades and awards, including the Presidential Medal of Freedom. His legacy continues to inspire future generations of African American entrepreneurs and media professionals.

5 Interesting Facts about John H. Johnson

1. John H. Johnson was the first African American to appear on the Forbes 400 list of richest Americans.

2. He started his publishing empire with a $500 loan secured by his mother’s furniture.

3. Johnson was awarded the Presidential Medal of Freedom by President Bill Clinton in 1996.

4. His magazines, Ebony and Jet, played a crucial role in the Civil Rights Movement by highlighting key events and figures.

5. Johnson Publishing Company was the first African American-owned company to be listed on the American Stock Exchange.

5 Most Interesting Quotes from John H. Johnson

1. “Failure is a word that I simply don’t accept.”

2. “Dream small dreams. If you make them too big, you get overwhelmed and you don’t do anything. If you make small goals and accomplish them, it gives you the confidence to go on to higher goals.”

3. “It’s better to get smart than to get mad.”

4. “Don’t be ashamed of your legacy. Just learn from it and move forward.”

5. “You spend your whole lifetime in your occupation, actually making money for somebody else. And you ought to be able to make some money for yourself.”

Highest Net Worth Achieved

At its peak, John H. Johnson’s net worth was estimated to be around $600 million.

Children

John H. Johnson had two children: Linda Johnson Rice and John H. Johnson, Jr. Linda Johnson Rice followed in her father’s footsteps and became the CEO of Johnson Publishing Company, continuing the family legacy.