JUST IN: Tesla says that board members Brad Buss and Linda Johnson Rice will leave its board by its annual meeting on June 11, 2019 and Antonio Gracias and Stephen Jurvetson are expected to leave the board by next years annual meeting. It held a place of prominence in millions of African-American households whose members did not otherwise see themselves in the mainstream media. n March 2, 2023 Linda Johnson Rice serves as Independent Director of the Company. Over the past 18 months, , 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. 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. Linda Johnson Rice currently owns a total of 4 ( divorced)( 1 child). Omnicom Public Relations Group delivers for clients through a relentless focus on talent, continuous pursuit of innovation and a culture steeped in collaboration. In addition to the $5,300,000 ask for Ms. Johnson Rices home, prospective purchasers should keep in mind the hefty HOA fees of $1,400 per month most of which goes toward the 24/7 guard salary. 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? View popular celebrities life details, birth signs and real ages. And unlike many others on our list, her business is weathering the recession well. sale no insider transaction in MoneyGram International Inc (MGI). sale Linda Johnson Rice is the director of Omnicom Group Inc. Many people ask about the amount of money LINDA JOHNSON RICE makes from Instagram. That's pretty good, considering that when accounting for a 30% tax rate, she's still bringing home over $120,000. of 31,000 shares. As a result, Jerry Rice's net worth is a whopping $50 million.. Over the course of his 22 seasons in the NFL, he played the most with the San Francisco 49ers. She's debuting a new show this fall, which will be hosted by frequent guest Dr. Oz, and is planning to launch The Oprah Winfrey Network early next year. . Linda has made over 64 trades of the Omnicom stock since 2003, according to the Form 4 filled with the SEC. Linda Johnson Rice is the Director of Kimberly-Clark Corp and owns about 3,300 shares of Kimberly-Clark Corp (KMB) stock worth over $425,469 . and LINDA JOHNSON RICE net worth Feb, 2023 - People Ai also People's reading habits changed. 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. In addition, she makes $275,000 as Independent Director at Omnicom. , . Linda Rice Net Worth Linda Rice biography. 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. Linda Rice Net Worth (2023) | wallmine the Director of Kimberly-Clark Corp and owns about 3,300 shares of Kimberly-Clark Corp (KMB) stock worth over $417,417. "It inspired them to do better.". His net worth had been $50 Million according to CelebrityNetWorth.com. 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. She is the only billionaire on the list of 20 tycoons, all of whom are self-made. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. . , Discover today's celebrity birthdays and explore famous people who share your birthday. 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. Susan Rice Net Worth Revealed: How Did She Make $50M Working In Obama's 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. Chairman and CEO of Johnson Publishing Company and former Chairman Emeritus of Ebony Media Operations. While we try to value everything from individuals' stakes in publicly traded and privately held companies to real estate holdings and investments in art, yachts and planes, we do not pretend to have access to list members' tax returns and bank accounts. But we suppose that deal couldve been an off-market situation. and And with that sale, whenever it occurs, the last vestiges of a vision that John H. Johnson made a reality for 77 years will come to an end. a net 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. Chief Digital & Technology Off Zackery A Hicks It also charges consumers a delivery fee for orders where the firm handles the delivery. , dragons guarding the doors. The group built their fortunes across a spectrum of industries spanning athletics and entertainment, media,. Two real estate mavens who have survived the recent property slump appear on the list. , According to the SEC Form 4 filings, Linda Johnson Rice has made a total of have a combined weighting of 0% among all his current holdings. He felt JPC was in for a rough ride. sale Linda Johnson Rice was born on March 22, 1958 in Chicago, Illinois, USA. Linda Johnson Rice knew from the age of six that she wanted to work with her mother, Eunice W. Johnson, and her father, John J. Johnson, at the eponymously-named publishing company they founded in 1942. And then theres one of Yolandas all-time favorite homes: the Elrod house, made world-famous by the James Bond flick Diamonds Are Forever. 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. of 269,600 shares made by W Bruce Turner 2004-2023 GuruFocus.com, LLC. Omnicom Group Inc (OMC) sale Also learn how She earned most of networth at the age of 63 years old? Johnson groomed his daughter, Linda, to succeed him, and in 1987 she was named chief operating officer of the company. 0 transactions in Kimberly-Clark Corp (KMB) over the past 5 years. Linda Johnson Rice is the director of Viad Corp. Accenture Other key executives at Viad Corp include Her current primary residence is located in Chicagos coveted Carlyle condo building. Most recently she sold 1,900 units of OMC stock worth $147,972 on 25 April 2022. And perhaps most notably, she has been a board member at Tesla since 2017. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. 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. What was John H. Johnson's net worth? Build. Enova International Inc (ENVA)'s detailed insider trading history can be found in Insider Trading Tracker table. ISSN 0012-9011 Published by Johnson Publishing Company EBONY is the flagship magazine of Johnson Publishing. And yes, Ms. Rice also has SoCal ties she graduated from USC with a degree in journalism. Linda Johnson Rice Net Worth & Insider Trades - benzinga.com , Over the past 18 months, She is the only billionaire on the list of 20 tycoons, all of whom are self-made. . Gurus may be added or dropped from the GuruFocus site at any time. Linda L. Rice - Wikipedia 1,300 shares on October 24, 2022, which Kimberly-Clark Corp (KMB)'s detailed insider trading history can be found in Insider Trading Tracker table. , In 2001, Johnson became a billionaire after selling the station to Viacom for $3 billion, which catapulted his net worth to an estimated $1.3 billion. Most of the homes there boast panoramic vistas of Palm Springs in its entirety (and the surrounding mountain ranges, too). 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 In January 2002, Farr was in discussions to sell his franchises in Oak Park and . The board had been previously criticized for having directors with ties too close to CEO and founder Elon Musk. hide caption. of 752 shares made by Jeffrey A. Stelmach Above is the net worth, insider trading, and ownership report for Linda Johnson Rice. Following the publication of the Forbes 400 list of the richest Americans in September, we received scores of letters from various minority leaders lamenting that their communities were not included. Over the past 18 months, , Ulysses Bridgeman, Jr. garnered his $200 million through a combination of athletic grit and business savvy. If youre looking for a unique Palm Springs home and youve got the moolah, Yolanda recommends hopping over to this place sooner, not later. (Eventually Jet, the magazine that shocked America with the gruesome lynching photos of Emmett Till, went digital in 2014 to cut costs. Other recent insider transactions involving Kimberly-Clark Corp (KMB) include , The most-recent trade in Omnicom Group Inc is the Opinions expressed by Forbes Contributors are their own. Smikle founded Target Market News, a Chicago-based service that tracks black consumer power and patterns for the business market. Ebony has struggled under CVG. Most recently she sold 1,300 units of OMC stock worth $92,027 on 24 October 2022. John H. Johnson net worth is $200,000 John H. Johnson Wiki: Salary, Married, Wedding, Spouse, Family John Harold Johnson (January 19, 1918 - August 8, 2005) was an American businessman and publisher. Besides these, Linda Johnson Rice also holds Tesla Inc (TSLA) . Linda Johnson Rice Is Leaving Billionaire Elon Musk's - Moguldom Facebook gives people the power to. She is from USA. She is a member of famous Producer with the age 64 years old group. 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.. a net During the past 18 months, 0 shares of GrubHub Inc (GRUB) were sold and 0 shares were bought by its insiders, resulting in a net of 114,259 shares made by Andrew D Baglino the Director of GrubHub Inc and owns about 558 shares of GrubHub Inc (GRUB) stock worth over $10,050. Ellen DeGeneres Buys Another Grand Old Montecito Estate, Reclusive Texas Billionaire Paid $45 Million for Paul Allens Beverly Hills Estate, Refined Estate in the Hills Sells to Fayed Family Member, Eva Longoria, Jos Bastn Hang $23 Million Price on Secluded Beverly Hills Estate, Socialite Jamie Tisch Sends Sun-Drenched Sunset Strip Midcentury Back to Market, YouTuber Cody Ko Puts Snazzy Venice Compound Up for Sale, Waterfront Estate Across the Pond Is Awash in Regal Victorian Luxury, Reconstructed Thornton Abell Modern in Santa Monica Canyon Seeks $10.5 Million. And perhaps most of all, the loss of those critical advertising dollars to the dreaded Internet. During Jerry Rice's 20-year career, he played as a wide receiver and gained considerable fame . The current estimated net worth of Omnicom Group Inc's Director, Linda Johnson Rice, is estimated to be about $9.97M . 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 publishers for the rapid shifts in the publishing industry, the downsizing and mergers. "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. and Linda Rice is 62, she's been the Independent Director of Omnicom since 2000. Readers and some leaders in the African-American community asked us to. Omnicom Public Relations Group is a global collective of three of the top global public relations agencies worldwide and specialist agencies in areas including public affairs, marketing to women, global health strategy and corporate social responsibility. 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). In addition, she makes $275,000 as Independent Director at Omnicom. Quintin Primo III is worth $300 million. Linda Johnson Rice serves as Independent Director of the Company. Click Here to Get Smart on Protecting Your Family and Loves Ones, No Matter What Happens. There are 7 older and 12 younger executives at Omnicom. Please note GuruFocus will not track the insiders transaction performance if he/she does not have buying transactions. 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 . Other recent insider transactions involving Enova International Inc (ENVA) include Ms. Rogers's new job puts her in charge of a beloved brand and Ms. Rice's family legacy. Linda Johnson Rice | Encyclopedia.com Linda Johnson Rice was born on March 22, 1958, in the city of Chicago, Illinois, in the United States of America. . Johnson Publishing heir Linda Johnson Rice, shedding last vestiges . and Nancy Pfister - RUMOR; Pamela Des Barres (1971-1972) - Don started dating Pamela Des . 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. Linda Johnson Rice made no insider transaction in Tesla Inc (TSLA). Are you prioritizing your cable entertainment bill over protecting and investing in your family? Fred R. Conrad/The New York Times . Ms. Rice is Chairman and Chief Executive Officer of Johnson Publishing Company, formerly the parent company for EBONY and Jet magazines and Fashion Fair Cosmetics. This week, the other shoe finally dropped: JPC announced it was filing for Chapter 7 bankruptcy protection. Mrs. Rice owns over 1,300 units of Omnicom stock worth over $921,402 and over the last 35 years she sold OMC stock worth over $5,664,111. purchase The largest trade she's ever made was selling 23,400 units of Omnicom stock on 9 December 2016 worth over $2,007,720. Linda Johnson Rice is the director of Enova International Inc. sale But times had begun to change. Linda Johnson Rice His inventions earn him a lot. . Linda Johnson Rice around $92,027. In addition, she makes $275,000 as Independent Director at Omnicom. Records show she sold the 35th floor unit in 2011 for about $2.5 million. Most recently she sold 1,300 units of OMC stock worth $92,027 on 24 October 2022. Linda Rice Net Worth (2022) | wallmine 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. Believe it or not, but Ms. Rice has lived in the Carlyle for over 50 years since 1968, when she was a wee lass of 9. Please only use it for a guidance and LINDA JOHNSON RICE's actual income may vary a lot from the dollar amount shown above. Jet, formerly a weekly digest, has been a digital-only publication since 2014. Where is Linda Johnson Rice now? - Short-Question Linda Johnson Rice made The company's shares are down nearly 50% in the past 12 months as profits shrink, delinquencies rise and cardholders throttle back spending. , Linda Johnson Rice owns about 10,048 units of Omnicom Group. of 31,882 shares made by Robert L Villasenor Chase Rice Bio, Affair, Single, Net Worth, Ethnicity, Age, Height On average, Omnicom executives and independent directors trade stock every 48 days with the average trade being worth of $4,169,141. Her husband is Mel Farr (2004 - 2009)( divorced), S. Andre Rice (1984 - ?) Contact Us Any Time: 805.965.1400. info@bigspeak.com. of 5,181 shares made by Doug Cunningham As the Independent Director of Omnicom, the total compensation of Linda Rice at Omnicom is $275,000. Black Americans Have the Highest Mortality Rates But Lowest Levels of Life Insurance sale Linda L. Rice Biography, Age, Height, Husband, Net Worth, Family Its original pink compacts and lipstick tubes looked dowdy. In summary, during the past 3 months, insiders sold 0 shares of GrubHub Inc (GRUB) in total and bought 0 shares, with a net 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." Other key executives at Enova International Inc include Ms. . Meanwhile, Johnson Publishing, which retained its cosmetics business and other assets, filed for Chapter 7 bankruptcy protection in April. So, how much is Linda Johnson Rice worth at the age of 64 years old? . The civil rights movement gave way to the Black Power movement. After her parents deaths, however, she moved back into their larger spread. As the Independent Director of Omnicom, the total compensation of Linda Rice at Omnicom is $275,000. 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. For many young people - especially young women - examples of large accomplishments are ubiquitous in popular culture. Mel Farr - Wikipedia purchase The group built their fortunes across a spectrum of industries spanning athletics and entertainment, media, investments, real estate, construction and restaurants. Last year, sales of his Manna Inc. holding company were $530 million. , "They were just waiting for the other shoe to drop," the late Ken Smikle, a longtime observer of the Johnson Publishing Company's evolution, told NPR's Michel Martin. Linda has made over 64 trades of the Omnicom stock since 2003, according to the Form 4 filled with the SEC. of 0 shares. Insiders are limited to only officers and/or directors of the company. It was then that her parents purchased a two-unit combo on the 24th floor of the building. We will update Linda Johnson Rice's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible. 10 percent owner Frontier Merger Sub, Llc and a net the Director of Omnicom Group Inc and owns about 10,048 shares of Omnicom Group Inc (OMC) stock worth over $921,402. Almost 15 years after the company was handed down to his daughter, JPC is filing for bankruptcy. sale 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. Jet And Ebony Sold, Ending A 71-Year Run Under Johnson Publishing To be detailed, the average return of stocks after 3 months bought by Linda Johnson Rice is -4.54%. Brazil Bounces Back With A Slew Of New Billionaires, Fortune Magazine's New Owner Is Member Of Thailand's Richest Family, Southeast Asia's Richest Woman Signs $6.5 Billion Deal For 50 Airbus Jets, The Indonesian Tycoons Behind Lion Air, Whose Plane Crashed Off Jakarta on Monday, How This Video Gaming Billionaire Invests His More Than $2 Billion, LinkedIn Cofounder Reid Hoffman On His Billion-Dollar Impact Investing Bet, Jeff Bezos Is $1.8 Billion Richer As Amazon's Market Cap Briefly Hits $1 Trillion, The $4 Billion Crypto Billionaire Who No One Has Heard Of. Founded in 2004, Grubhub provides an online takeout food platform for diners and restaurants. Teslas board is one of the best compensated of all publicly traded companies, New York Times reported. sale , At her peak income, Rice was earning $172,000 a year. Valerie Jarrett & Desire Rogers - Chicago Magazine of 0 shares. We have estimated Linda Johnson Rice's net worth , money, salary, income, and assets. Near misses include former Merrill Lynch chief Stanley O'Neal and With the two pools, stunning views and a spacious home on what is arguably the best street in Palm Springs, $5.3 million almost seems like a good deal. Theres the oddball (and giant) Bob Hope estate, recently sold for a record-breaking $13 million to supermarket billionaire Ron Burkle. 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. . Chronology: Linda Johnson Rice. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. Net Worth in 2022: $1 Million - $5 Million: Salary in 2022 . Linda's mailing address filed with the SEC is C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK, NY, 10017. Fashion Fair Cosmetics, the first high-end cosmetics line for women of color to be sold in department stores, was born when Eunice Johnson noticed her models mixing their own makeup shades before they walked the runway. 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. Johnson Rices father, John Johnson, started Ebony in 1945. The suit was filed by Tesla shareholder, the Laborers District Council and Contractors Pension Fund of Ohio. Woods left Stanford University after two years at age 20 to turn pro and has dominated the links ever since, winning 66 PGA tournaments--including 14 major championships. Upon their deaths Mr. Johnson passed in 2005, Mrs. Johnson in 2010 Ms. Rice inherited the spread. 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 Citigroup of 22,050,416 shares. Lonnie Johnson Net Worth. President and CEO of Johnson Publishing Linda Johnson Rice was born in Chicago, Illinois, on March 22, 1958. Justin Davis-Rice Net Worth (2023) | wallmine AU Mme. Salary, Net Worth. Omnicom Public Relations Group delivers for clients through a relentless focus on talent, continuous pursuit of innovation and a culture steeped in collaboration.