Most recently she sold 1,300 units of OMC stock worth $92,027 on 24 October 2022. , and Andrew D Baglino Structural Info Facts Filmography dragons guarding the doors. The current estimated net worth of Omnicom Group Inc's Director, Linda Johnson Rice, is estimated to be about $9.97M . and The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Def Jam founder Russell Simmons barely misses the cut with a fortune of $110 million. She is a member of famous Producer with the age 64 years old group. Over the past 18 months, stock, plus investments in real estate, hotels and banks--industries pummeled in the past year amid the recession--have dragged Johnson's net worth to $550 million, we estimate. So, how much is Linda Johnson Rice worth at the age of 64 years old? , Gatorade, Gillette, He ranks third on the list; his former wife and BET co-founder, Sheila Johnson, ranks seventh with $400 million. Worth $350 million and employing 2,000 people, Johnson Publishing is the largest black-owned publishing firm in the world. She consulted with chemists to develop luxury makeup in deeper tones, and by 1973, had them introduced in department stores not drug stores. comprehensive archive of photos from some of black America's most pivotal 20th Century moments, position the enterprise for long-term growth, an embarrassingly effective social media campaign, a traveling fashion show that drew tens of thousands of mostly black women, Lashelle Farrington made what amounts to a video obituary for Fashion Fair. The historic collection will go to the Smithsonian National Museum of African American History and Culture, the Getty Research Institute and other cultural institutions to ensure public access and use by scholars, researchers and journalists. 1964: Began frequenting Johnson Publishing Company with father. And perhaps most of all, the loss of those critical advertising dollars to the dreaded Internet. Fashion Fair is the largest black-owned cosmetics firm in the world, with 2,500 stores on three continents. , That begs the question: How does someone who spent their life in the public sector have that high of a net worth? Linda Johnson Rice Net Worth : $ 11 Million. (Eventually Jet, the magazine that shocked America with the gruesome lynching photos of Emmett Till, went digital in 2014 to cut costs. Details can be seen in Linda Johnson Rice's Latest Holdings Summary section. owns 10,048 shares of Omnicom Group Inc (OMC) as of October 24, 2022, with a value of $921,402 and a weighting of 68.31%. Last June Capri announced it will invest $2 billion in a Saudi venture, building hotels, office towers and condos in one of King Abdullah's anointed "economic zones." Stock quotes provided by InterActive Data. There are 7 older and 12 younger executives at Omnicom. of At her peak income, Rice was earning $172,000 a year. A generous motorcourt sits behind drought-resistant landscaping. Founder of Ebony magazine and Johnson Publishing Company John H. Johnson. And yes, Ms. Rice also has SoCal ties she graduated from USC with a degree in journalism. stocks. She is a producer, known for President Barack Obama: The Man and His Journey (2009), The John H. Johnson Story (2005) and The 8th Annual Black Achievement Awards (1987). a net and The oldest executive at Naked Brand Group Limited is Paul Hayes, 53, who is the Independent Director. Teslas board is one of the best compensated of all publicly traded companies, New York Times reported. Are you prioritizing your cable entertainment bill over protecting and investing in your family? The 10 directors (Musk excluded) got stock options worth $60 million-plus in 2018, according to the proxy statement. Tesla board member Linda Johnson Rice has asked not to be re-elected when shareholders meet on June 11 for Teslas annual general meeting, the company said in a preliminary proxy statement. and , rounds out the group. The homes windowless front facade features stacked stone walls and an elaborate carved front door. . In January 2002, Farr was in discussions to sell his franchises in Oak Park and . In 2018, the publication agreed to pay dozens of freelancers nearly $80,000 to settle a lawsuit over unpaid work. Ms. Rogers's new job puts her in charge of a beloved brand and Ms. Rice's family legacy. Chief Supply Chain Officer Tamera Fenske Linda Johnson Rice is the director of GrubHub Inc. In 2016, Ms. Rice became Chairman Emeritus of Ebony Media Holdings, the parent company for the Ebony and Jet brands and, in 2018, she was named Chairman Emeritus of Ebony Media Operations, after having served as Chief Executive Officer since 2017. Get the latest scoop directly in your inbox. The 2.25-acre property comprises two adjacent parcels of land. The estimated net worth of Linda Johnson Rice is at least $1 Million dollars as of 2023-03-04. It primarily offers services through third-party agents, including retail chains, independent retailers, post offices and other financial institutions. With around half of sales from personal care and another third from tissue products, Kimberly-Clark sits as a leading manufacturer of the tissue and hygiene realm. Black Entertainment Television founder Robert Johnson became the first African American billionaire in 2000 after he sold the network to Tesla Inc (TSLA) sale We have estimated Linda L. Rice's net worth , money, salary, income, and assets. As the Independent Director of Omnicom, the total compensation of Linda Rice at Omnicom is $275,000. "I know that as I move forward, I intend to explore projects to support that history and legacy which I hold deeply to my heart.". From 2004 to 2009, Farr was married to Linda Johnson Rice, president and CEO of Johnson Publishing Co., publisher of Ebony and Jet magazines. Both O'Neal and Parsons were compensated primarily with stock and options while at the helms of their respective companies; the value of their stakes in those companies has languished since the onset of the recession, shoving their fortunes below the $100 million mark. director & 10 percent owner & CEO Elon Musk Linda's mailing address filed with the SEC is C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK, NY, 10017. Upon retiring in 1987, Bridgeman bought five Wendy's franchises to generate income while he planned his next career. Linda Rice Net Worth (2022) | wallmine Opinions expressed by Forbes Contributors are their own. Last year, sales of his Manna Inc. holding company were $530 million. Michael Kay (sports broadcaster) net worth, AADOM Radio-THE Podcast For Dental Managers podcast episodes, Risk and Reels: A Cybersecurity Podcast podcast episodes, All About Affordable NFTs podcast episodes, We Are The Gayers | A Buffy Podcast podcast episodes, The Lorehounds: A Mandalorian Podcast podcast episodes, The Not Ready for Prime Time Podcast podcast episodes, The Movie Roulette Podcast podcast episodes, I Watch More Movies Than You podcast episodes, The House That Screams Horror Podcast podcast episodes, Weird, Together: Watching the Latest in Indie Horror Films podcast episodes. Other recent insider transactions involving Kimberly-Clark Corp (KMB) include When I agreed to continue on with the companies after the sale to the CVG Group, I did so hopeful that the Ebony and Jet brands would continue to be a dominant and positive force in the African American community, Johnson Rice said in the email, which was obtained by the Tribune Friday. Fred R. Conrad/The New York Times . He later became an honour student at Du Sable High School . The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. Other key executives at MoneyGram International Inc include (That place is now owned by LA fashion designer Jeremy Scott). Originally built in 1964, the mid-century spread has a foyer with intricate tile patterns, whitewashed brick walls and a bunch of tribal-lookin artifacts. Readers and some leaders in the African-American community asked us to. GuruFocus.com is not operated by a broker or a dealer. , money, salary, income, and assets. Linda has made over 64 trades of the Omnicom stock since 2003, according to the Form 4 filled with the SEC. Today The Oprah Winfrey Show airs in 144 countries, drawing 44 million U.S. viewers each week. Besides these, Linda Johnson Rice also holds During Jerry Rice's 20-year career, he played as a wide receiver and gained considerable fame . Linda Johnson Rice has resigned as chairman emeritus of the Ebony Media board, citing the failure of the struggling Ebony and Jet brands to live up to their legacy in the African American. of 5,181 shares made by Doug Cunningham Check out this story featuring John H. Johnson . Omnicom Group Inc (OMC) Linda Johnson Rice around $92,027. Viad Corp is a marketing company engaged in providing extraordinary experiences, including hospitality and leisure activities, experiential marketing, and live events. of 269,600 shares made by W Bruce Turner 10 percent owner Firstcash, Inc Currently, there are no desperate rumors regarding his personal and professional life. ISSN 0012-9011 Published by Johnson Publishing Company EBONY is the flagship magazine of Johnson Publishing. Other recent insider transactions involving Tesla Inc (TSLA) include Fashion Fair no longer had the field all to itself. Her father founded Ebony magazine, which first hit newsstands in 1945 but has been on a print hiatus since spring 2019. filed for Chapter 7 bankruptcy protection in April, bought the historic Ebony photo archives for $30 million, to ensure public access and use by scholars, researchers and journalists, Darien getting its first marijuana dispensing business, Chicago-area man mourns loss of 100 relatives in Turkey earthquake. On average, Omnicom executives and independent directors trade stock every 48 days with the average trade being worth of $4,169,141. It was then that her parents purchased a two-unit combo on the 24th floor of the building. Soon after, despite its intention to keep most of the staff, many were let go. August 1, 2000, 6:01 pm. Her father, John H. Johnson is founder of Johnson Publishing Company, and her mother, Eunice Johnson, is producer and director of the Ebony Fashion Fair. Over time he added such keynote brands as Ebony and Jet magazines, Fashion Fair Cosmetics, plus television, fashion and book publishing divisions. , She died Friday in Chicago after a long illness. During the past 18 months, 54,511 shares of MoneyGram International Inc (MGI) were sold and 403,292 shares were bought by its insiders, resulting in a net Lonnie Johnson Net Worth. a net Linda Johnson Rice net worth is $7 Million Linda Johnson Rice Wiki: Salary, Married, Wedding, Spouse, Family Linda Johnson Rice was born on March 22, 1958 in Chicago, Illinois, USA. Besides these, Linda Johnson Rice also holds Tesla Inc (TSLA) . , During the past 18 months, 61,017 shares of Omnicom Group Inc (OMC) were sold and 0 shares were bought by its insiders, resulting in a net sale Among these stocks, She is an actress and producer, and she has appeared in films such as President Barack Obama: The Man and His Journey (2009), The John H. Johnson Story (2005), and The 8th Annual Black . Obviously, despite my hopes, the last three years did not result in what I envisioned when the transition occurred, and because of that, I have made the decision to move on.. In summary, during the past 3 months, insiders sold 0 shares of MoneyGram International Inc (MGI) in total and bought 0 shares, with a net . no insider transaction in Enova International Inc (ENVA). Other recent insider transactions involving Enova International Inc (ENVA) include of 348,781 shares. Musk and all 11 board members were named in a shareholder lawsuit claiming the Tesla CEOs unchecked misstatements on Twitter harmed the company. sale GrubHub Inc (GRUB) Robson's career in . It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. It held a place of prominence in millions of African-American households whose members did not otherwise see themselves in the mainstream media. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. All Rights Reserved. of 31,882 shares made by Robert L Villasenor GuruFocus also compares Linda Johnson Rice's trading performance to market benchmark return within the same time period. Jet, formerly a weekly digest, has been a digital-only publication since 2014. Obviously, the transition of the Johnson Publishing Company archives earlier this year was critically important to seeing the legacy of my parents live on in perpetuity, Johnson Rice said in her resignation email to Ebony Media. a net Yolanda imagines it came in handy when they wanted to escape those bitterly cold Chicago winters. Age Andrew Shape Anna Johnson Justin Rice Paul Hayes 0 20 40 60 wallmine.com. There are 6 beds and 6.25 baths in the roomy 5,386-square-foot residence, including a secluded master suite with built-in soaking tub and walls of glass. Other key executives at GrubHub Inc include AT&T Wallmine is a radically better financial terminal. At one point, Mr. Johnsons personal net worth was estimated at $150 million and he was the first black American to ever appear on the Forbes 400. Owners there have included numerous CEOs, powerful real estate developers and local politicians. Omnicom Public Relations Group delivers for clients through a relentless focus on talent, continuous pursuit of innovation and a culture steeped in collaboration. Quintin Primo III is worth $300 million. a net Omnicom executives and other stock owners filed with the SEC include. Most recently she sold 1,900 units of OMC stock worth $147,972 on 25 April 2022. Her net worth has been growing significantly in 2021-2022. It also charges consumers a delivery fee for orders where the firm handles the delivery. Founder John H. Johnson used to say his magazines "gave readers the feeling that there were black people in other cities and in other countries like themselves who were doing well," he told NPR in a 2002 interview. As the Independent Director of Omnicom, the total compensation of Linda Rice at Omnicom is $275,000. The most-recent trade in GrubHub Inc is the The group built their fortunes across a spectrum of industries spanning athletics and entertainment, media, investments, real estate, construction and restaurants. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. She is the only billionaire on the list of 20 tycoons, all of whom are self-made. . Elsewhere are three ensuite guest/family bedrooms and two staff rooms. Chenault attended Harvard Law and held posts as a consultant and a lawyer before joining Amex in 1981. During the past 18 months, 89,449 shares of Kimberly-Clark Corp (KMB) were sold and 2,025 shares were bought by its insiders, resulting in a net Justin Rice is 48, he's been the Executive Chairman of the Board of Naked Brand since 2019. redmermaid Aug 13, 2019 Forums Business Alley Money Matters redmermaid class and education BANNED Joined Jul 25, 2017 Messages 3,378 Reactions 32,492 3,581 8,233 Alleybux -9,989 Aug 13, 2019 #1 LJR is almost like the Black Barbara Hutton. Chief Readiness Officer Adrianna E. Greenwald But times had begun to change. Smikle founded Target Market News, a Chicago-based service that tracks black consumer power and patterns for the business market. Linda Johnson Rice serves as Independent Director of the Company. At a bankruptcy auction in July, a consortium of foundations bought the historic Ebony photo archives for $30 million. . On average, Linda trades about 575 units every 29 days since 1988. sale and Linda Johnson Rice is the director of Kimberly-Clark Corp. Based on ownership reports from SEC filings, as the reporting owner, Linda Johnson Rice owns 7 companies in total, including The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Rounding out the top five are two basketball greats: Michael Jordan ($525 million) and Earvin "Magic" Johnson, Jr. ($500 million), both of whom parlayed their time on the court into lucrative endorsement and business deals in retirement. Chief Legal Officer & Secretary Margo Drucker a net Almost 15 years after the company was handed down to his daughter, JPC is filing for bankruptcy. Linda Johnson Rice owns about 558 units of Grubhub Inc common stock.. Her dad left her a fortune and a legacy. Many people ask this question about the money LINDA JOHNSON RICE makes from Facebook. Tesla Inc (TSLA) lindajohnsonrice 658 posts 2,441 followers 912 following Linda Johnson Rice CEO Johnson Publishing Company Executive Producer Empire of Ebony documentary www.lindajonsonrice.com This Account is Private Already follow lindajohnsonrice? Ebony went on print hiatus in the spring. Sun-Times Media Linda Johnson Rice, heir to the iconic, now defunct Johnson Publishing Co. brand, on Thursday resigned from the board of the firm to which she'd sold the Ebony and Jet magazine brands, citing disappointment in the firm's operations. Her current primary residence is located in Chicagos coveted Carlyle condo building. Rice began her career with the family business, traveling with her mother to fashion shows in Paris starting at the age of six. Nike In summary, during the past 3 months, insiders sold 0 shares of Kimberly-Clark Corp (KMB) in total and bought 0 shares, with a net sale A portion of the proceeds were used to pay $13.6 million owed to secured creditors George Lucas and Mellody Hobson, whose company, Capital V Holdings, issued a $12 million loan to Johnson Publishing in 2015.