Sheila Johnson Reveals Her $12M Learning Lesson In The Hospitality Industry

Sheila Johnson Reveals Her $12M Learning Lesson In The Hospitality Industry

Sheila Johnson has built an impressive portfolio in the hospitality industry, but it came at a hefty financial cost. Johnson made history as the first Black woman to become a billionaire. She is the co-founder of Black Entertainment Television (BET), and her investment portfolio includes stakes in the following Washington, DC sports teams: the WNBA’s Mystics, the NBA’s Wizards, and the NHL’s Capitals, as AFROTECH previously reported. She also ha…