Entrepreneur Sheila Johnson–who co-founded BET and went on to become America’s first Black female billionaire–sits down with Margaret Hoover to discuss her memoir and the personal and professional obstacles she has overcome to achieve success.
Johnson, who recently released “Walk Through Fire: A Memoir of Love, Loss, and Triumph,” reflects on her childhood and what she describes as an abusive first marriage to Bob Johnson, with whom she launched Black Entertainment Television in the early days of cable. She explains the original vision behind BET and the role she believes it could still play in society today.
Johnson used her profits from the 2001 sale of BET to open Salamander Resort in Middleburg, Virginia, the first in a chain of luxury hotels. She also purchased a stake in the WNBA’s Washington Mystics, as well as the Washington Capitals and the Washington Wizards. She reflects on the massive pay gap between the WNBA and the NBA and what can be done about it.
Johnson, a supporter of President Joe Biden, assesses the stakes of the 2024 election and details her fears for a second Trump term. The prominent philanthropist also comments on the fallout from the Supreme Court’s affirmative action decision and the need to create new opportunities for students of color.
Support for “Firing Line for Margaret Hoover” is provided by Robert Granieri, Stephens Inc., Vanessa and Henry Cornell, The Fairweather Foundation, The Tepper Foundation, Peter and Mary Kalikow, The Asness Family Foundation, The Beth and Ravenel Curry Foundation, Kathleen and Andrew McKenna through The McKenna Family Foundation, Pfizer Inc., Charles R. Schwab, Pritzker Military Foundation on behalf of the Pritzker Military Museum and Library, The Rosalind P. Walter Foundation, Damon Button, Craig Newmark Philanthropies, Roger and Susan Hertog, Cheryl Cohen Effron and Blair Effron, and Al and Kathy Hubbard.