linda johnson rice net worth

Her current primary residence is located in Chicagos coveted Carlyle condo building. Grubhub has over 50,000 restaurant partners. , , , We want to hear from you! Ebony, once an influential monthly lifestyle magazine, has been on a print hiatus since the spring. Other key executives at Omnicom Group Inc include He also worked on Jimmie Johnson's Sprint Cup Series car and won two championships with the Lowes team. , Gatorade, Gillette, Photograph by Tom Maday, as appears in The Sisterhood from the August 2000 issue of Chicago magazine Photograph by Tom Maday. 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. Other recent insider transactions involving Tesla Inc (TSLA) include You can select different timeframes to see how Linda Johnson Rice's insider trading performs compared to the benchmark. Fashion Fair had sold fantastically well when white cosmetics companies were only selling foundations and powder that went the gamut from pale to paler. The suit was filed by Tesla shareholder, the Laborers District Council and Contractors Pension Fund of Ohio. The Johnsons purchased the Palm Springs pad as their vacation residence. Contact Us Any Time: 805.965.1400. info@bigspeak.com. President & CFO and Treasurer Adam Dewitt 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. Southridge is notable for containing some of the areas most significant or at least most famous residential architecture. Do Not Sell/Share My Personal Information. Omnicom executives and other stock owners filed with the SEC include: Track performance, allocation, dividends, and risks, Annotate, download XLSX & look up similar tables, Filter, compare, and track coins & tokens, Stocks and cryptocurrency portfolio tracker. "It inspired them to do better.". The oldest executive at Naked Brand Group Limited is Paul Hayes, 53, who is the Independent Director. The Fashion Fair cosmetics line is the main business of Johnson Publishing. Readers and some leaders in the African-American community asked us to. Also not on the list: Linda Johnson-Rice, chief exec of Johnson Publishing Co. Winfrey continues to entice viewers with money-saving tips, celebrity interviews and relationship advice. Enova International Inc (ENVA) She is the only billionaire on the list of 20 tycoons, all of whom are self-made. Chief Accounting Officer Leslie S Striedel The information on this site is in no way guaranteed for completeness, accuracy or in any other way. hide caption. 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. 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. Johnson Rice brought extensive media experience to the Tesla board when she joined in 2107. CBS Normally the ad cost for an Instagram ad post is based on the number of followers on the account. Chief Legal Officer & Secretary Margo Drucker GrubHub Inc (GRUB) This investment adviser does not provide advice to individual investors. It was a high point. On average, Omnicom executives and independent directors trade stock every 48 days with the average trade being worth of $4,169,141. At one point, Mr. Johnson's personal net worth was estimated at $150 million and he was the first black American to ever appear on the Forbes 400. , However, Rice's net worth is $50 MILLION. Then mega cosmetics chains like Sephora and Ulta arrived, marketing both in ubiquitous brick and mortar stores and yes, the Internet. Ms. Rice is a director and member of the Nominating and Corporate Governance Committee of Grubhub Inc., a leading online and mobile food-ordering and delivery platform. The firm's services, which include traditional and digital advertising and public relations, are provided worldwide, with over 80% of its revenue coming from more developed regions such as North America and Europe. Todays house was just listed a few days ago and hasnt been on the market in over fifty years, per the listing. One parcel contains the residence itself, while the second lot contains little more than a full-size tennis court one of only two in the Southridge community and some palm trees. Most of the homes there boast panoramic vistas of Palm Springs in its entirety (and the surrounding mountain ranges, too). Linda also serves on several philanthropic boards, as well as the Board of Directors of the Omnicom Group and Enova. the Director of Kimberly-Clark Corp and owns about 3,300 shares of Kimberly-Clark Corp (KMB) stock worth over $417,417. If youre looking for a unique Palm Springs home and youve got the moolah, Yolanda recommends hopping over to this place sooner, not later. The company says it's selling the remainder of its assets, a comprehensive archive of photos from some of black America's most pivotal 20th Century moments, and a beloved cosmetics line that, toward the end, accounted for more than 40 percent of JPC's bottom line. May 17, 2021. The most active insiders traders include Randall J Weisenburger, John Wren, and Philip J Angelastro. estimated net worth of Linda Johnson Rice, Select a Column Field to add to the results, Refer a Friend and Earn One Month of Free Membership. The most recent stock trade was executed by Jonathan B. Nelson on 16 February 2023, trading 25,000 units of OMC stock currently worth $2,335,250. Linda Johnson Rice Most recently she sold 1,300 units of OMC stock worth $92,027 on 24 October 2022. Like our signature rich lists, The World's Billionaires and Forbes 400, the Wealthiest Black Americans list is a compilation of net worth--not income. , Chronology: Linda Johnson Rice. In addition, she makes $275,000 as Independent Director at Omnicom. of 143,037,692 shares. also At one point, Mr. Johnson's personal net worth was estimated at $150 million and he was the first black American to ever appear on the Forbes 400. Teslas board is one of the best compensated of all publicly traded companies, New York Times reported. chairman and former Lonnie Johnson Net Worth. . Linda Johnson Rice is the director of MoneyGram International Inc. Since last weeks story about the huge $9 million Palm Springs transaction proved unexpectedly popular, Yolanda thought wed make the trek back out to one of our favorite local vacation destinations today. (Eventually Jet, the magazine that shocked America with the gruesome lynching photos of Emmett Till, went digital in 2014 to cut costs. In 2016, Texas private-equity firm Clear View Group bought Ebony and Jet. John Johnson's wife, Eunice, created a traveling fashion show that drew tens of thousands of mostly black women for decades. "Junior" was picked in the first round of the 1975 NBA draft by the Los Angeles Lakers, but was promptly traded to the Milwaukee Bucks with three others for Kareem Abdul-Jabbar. sale All Rights Reserved. 2023 The Moguldom Nation. Omnicom Public Relations Group is part of the DAS Group of Companies, a division of Omnicom Group Inc. that includes more than 200 companies in a wide range of marketing disciplines including advertising, public relations, healthcare, customer relationship management, events, promotional marketing, branding and research. (Chris Walker / Chicago Tribune). Linda has made over 64 trades of the Omnicom stock since 2003, according to the Form 4 filled with the SEC. Black Entertainment Television founder Robert Johnson became the first African American billionaire in 2000 after he sold the network to Other recent insider transactions involving MoneyGram International Inc (MGI) include Black Americans Have the Highest Mortality Rates But Lowest Levels of Life Insurance Viacom 3 insider transaction in Omnicom Group Inc (OMC) with a net Michael Gibson, co-founder and chairman of CVG Group, thanked Johnson Rice for her leadership in an email to the Tribune Friday, while pledging to continue to work to return both Ebony and Jet to prominence. Former magazine owner Linda Johnson Rice was born on March 22, 1958, in Chicago, Illinois to John and Eunice Johnson. John H. Johnson, in full John Harold Johnson, (born January 19, 1918, Arkansas City, Arkansas, U.S.died August 8, 2005, Chicago, Illinois), magazine and book publisher, the first African American to attain major success in those fields. , We will update Linda Johnson Rice's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. Some of the 1964 buildings earliest big-name residents were industrialist Henry Crown, Chicago Bears quarterback Sidney Luckman, real-estate mogul Arthur Rubloff and gossip columnist Irv Kup Kupcinet. of 114,259 shares made by Andrew D Baglino According to the SEC Form 4 filings, Linda Johnson Rice has made a total of Linda Johnson Rice, photographed in 2013, has resigned as chairman emeritus of the Ebony Media board. sale People thumbed through its glossy pages for stories of black success and achievement. Although she was literally raised by John and wife Eunice in the JPC offices, and was familiar with the magazine's business and editorial practices, Rice was unprepared as were many other. 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 https://t.co/jn8limUSe7. Near misses include former Merrill Lynch chief Stanley O'Neal and Two real estate mavens who have survived the recent property slump appear on the list. And perhaps most of all, the loss of those critical advertising dollars to the dreaded Internet. Over the past 18 months, 1984: Married S. Andre Rice. of 36,358 shares made by Jeffrey P. Melucci That's pretty good, considering that when accounting for a 30% tax rate, she's still bringing home over $120,000. of 3,304 shares made by Steven W Moster A President Barack Obama: The Man and His Journey, The 14th Annual American Black Achievement Awards, The 13th Annual American Black Achievement Awards. Her Harpo Productions helped create the likes of Dr. Phil and Rachael Ray. . . Other key executives at Enova International Inc include of 752 shares made by Jeffrey A. Stelmach In addition, he makes $1,400,001 as Pres and CEO & Director at EQT Corp. Wallmine is a radically better financial terminal. Check out those jade (?) Johnson, 89, co-founded Johnson Products Company, the pioneering black hair care company which made iconic products such as Ultra Sheen and Afro Sheen. of 28,719 shares made by Kirk Chartier The 10 directors (Musk excluded) got stock options worth $60 million-plus in 2018, according to the proxy statement. owns 3,300 shares of Kimberly-Clark Corp (KMB) as of April 30, 2012, with a value of $417,417 and a weighting of 30.95%. linda johnson rice, daughter. It encompasses more than 6,300 public relations professionals in more than 370 offices worldwide who provide their expertise to companies, government agencies, NGOs and nonprofits across a wide range of industries. Other key executives at GrubHub Inc include Money from the popular show went to black nonprofit organizations. . In 2016, Ms. Rice became Chairman Emeritus of Ebony Media Holdings, the . And yes, Ms. Rice also has SoCal ties she graduated from USC with a degree in journalism. For instance, the Super Soaker Water gun, the most renowned toy in the world, has acquired over . Omnicom Public Relations Group delivers for clients through a relentless focus on talent, continuous pursuit of innovation and a culture steeped in collaboration. As the Independent Director of Omnicom, the total compensation of Linda Rice at Omnicom is $275,000. Omnicom Public Relations Group is part of the DAS Group of Companies, a division of Omnicom Group Inc. that includes more than 200 companies in a wide range of marketing disciplines including advertising, public relations, healthcare, customer relationship management, events, promotional marketing, branding and research. By the time the Internet became a thing, it was only a matter of time before online ads began to siphon dollars away from the ones magazines had been commanding. During the past 18 months, 0 shares of Viad Corp (VVI) were sold and 4,056 shares were bought by its insiders, resulting in a net of 74,766,891 shares made by Elon Musk Based on ownership reports from SEC filings, as the reporting owner, Linda Johnson Rice owns 7 companies in total, including What was John H. Johnson's net worth? Linda has made over 63 trades of the Omnicom stock since 2003, according to the Form 4 filled with the SEC. sale She was previously married to S. Andre Rice. sale 0 transactions in Kimberly-Clark Corp (KMB) over the past 5 years. , Speaking of Ms. Rice, she currently serves as Johnson Publishings CEO and also served as Ebonys CEO until March 2018 (Johnson Publishing sold Ebony and Jet in 2016 for an undisclosed amount). and The magazines remain in Clear View's hands. Chairman of Johnson Publishing Linda Johnson Rice will retain a position on the board of the company that bought Jet and Ebony magazine. The most-recent trade in Omnicom Group Inc is the Linda Johnson Rice is the director of Viad Corp. no insider transaction in Viad Corp (VVI). Omnicom Group Inc (OMC)'s detailed insider trading history can be found in Insider Trading Tracker table. Linda Johnson Rice is also the Director of GrubHub Inc and owns about 558 shares of GrubHub Inc (GRUB) stock worth over $10,050 . Currently, there are no desperate rumors regarding his personal and professional life. The Financial Paper Products segment provides official check outsourcing services and money orders through financial institutions and agent locations. State regulators in New York revoked the license of Thoroughbred trainer Linda Rice for her role in what officials say was a "corrupt" scheme to gain an edge with her horses by . Records show she sold the 35th floor unit in 2011 for about $2.5 million. Chief Financial Officer Nelson Urdaneta sale All Rights Reserved. The homes windowless front facade features stacked stone walls and an elaborate carved front door. Please only use it for a guidance and LINDA JOHNSON RICE's actual income may vary a lot from the dollar amount shown above. sale of 61,185 shares made by David Fisher Linda Johnson Rice is the director of Omnicom Group Inc. Jerry Rice is an American retired professional football player who has a net worth of $50 million. Founder of Ebony magazine and Johnson Publishing Company John H. Johnson. Currently GuruFocus does not have mailing address information for Linda Johnson Rice. The turnaround has been quite challenging, Gibson said in the email. Ms. Rogers's new job puts her in charge of a beloved brand and Ms. Rice's family legacy. Enjoy a 7-Day Free Trial Thru Mar 11, 2023! Past performance is a poor indicator of future performance. sale Rice is at least EQT Corp stock worth over $22,226,563 and over the last 7 years he sold EQT stock worth over $0. Almost 15 years after the company was handed down to his daughter, JPC is filing for bankruptcy. Today Capri's portfolio is larded with apartment complexes; the firm's assets under management have swelled to $4.3 billion. and Time Warner President and CEO of Johnson Publishing Linda Johnson Rice was born in Chicago, Illinois, on March 22, 1958. Linda Johnson Rice made The group operates in the United States and other countries. Why did we compile this list? , Then, some people began to realize there was a great, untapped market out there, and it had a brown face. Of course, living in Southridge doesnt come cheap. Ms. . Subscriptions of Johnson publications started to dwindle. of 5,181 shares made by Doug Cunningham the Director of Omnicom Group Inc and owns about 10,048 shares of Omnicom Group Inc (OMC) stock worth over $921,402. a net , director & CEO Matthew M. Maloney Chief Operating Officer Hilary Jackson Linda's mailing address filed with the SEC is C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK, NY, 10017. Chief Supply Chain Officer Tamera Fenske of 4,056 shares. Clear View had a less-than-clear understanding of the need to pay its freelance writers, who, because of the staff cuts and downsizing before the magazine's sale, had become Ebony's lifeblood. The minister's son grew up in Chicago. Desire Rogers, in black dress, with her friend Linda Johnson Rice. Chenault attended Harvard Law and held posts as a consultant and a lawyer before joining Amex in 1981. She began preparing for her publishing career at the age of six, frequenting the offices of the Johnson Publishing Company, which her father founded in 1942. Who is the owner of Ebony and Jet? Athletic. Who is Patrick D What happened to Karolina Protsenko? Linda Johnson Rice currently owns a total of 4 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. There are 1 older and 2 younger executives at Naked Brand. , With a net worth of $125 million, Kenneth Chenault, chief executive of The current estimated net worth of Omnicom Group Inc's Director, Linda Johnson Rice, is estimated to be about $9.97M . Linda Johnson Rice owns about 10,048 units of Omnicom Group. As of 24 October 2022 she still owns at least 10,048 units of Omnicom stock. She is the only billionaire on the list of 20 tycoons, all of whom are self-made. Tesla board member Linda Johnson Rice has asked not to be re-elected when shareholders meet on June 11 for Tesla's annual general meeting, the company said in a preliminary proxy statement. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America. Johnson Publishing Company filed a voluntary petition . Ms. Rice joined Johnson Publishing Company in 1980, was elected President and Chief Operating Officer in 1987 and served as Chairman and Chief Executive Officer from 2008 to 2019. American Express Above is the net worth, insider trading, and ownership report for Linda Johnson Rice. , Robson's career in . So back in 2015, when Johnson Publishing Company announced it was spinning off its flagship magazine, Ebony, and also its news magazine sibling, Jet, people knew something was up. After her parents deaths, however, she moved back into their larger spread. Johnson Rice is the CEO of Johnson Publishing Company and former head of Ebony Media Operations, which her company previously owned. Over the last 20 years, insiders at Omnicom have traded over $116,076,802 worth of Omnicom stock and bought 7,050 units worth $517,397