Bob Johnson and the Black Guide to Multimillion-Dollar Success

Bob Johnson and the Black Guide to Multimillion-Dollar Success

After relinquishing all controlling interests in BET, Johnson erected The RLJ Companies which he calls his “Second Act.” Johnson’s goal was to create a premier holding company and asset management firm run by a minority businessperson. The RLJ companies is a diverse portfolio of companies in the financial services, real estate, hospitality, professional sports, film production, automotive and gaming industries.

An innovative business network, The RLJ Companies seeks to target undiscovered or underserved markets; then exercise solid management to achieve results. The RLJ Companies is headquartered in Bethesda, Maryland, with operations in Charlotte, North Carolina; Los Angeles, California; Orlando, Florida; Little Rock, Arkansas, Mexico and San Juan, Puerto Rico.

The RLJ Companies’ core businesses include:


RLJ Development, a privately held hotel real estate investment company;

RLJ Lodging Fund II and RLJ Real Estate Fund III, both of which are private equity real estate funds; the three together have over $2 billion in combined assets and additional purchasing power of nearly $4 billion;


RolloverSystems, a financial services company providing retirement planning services based in Charlotte, North Carolina;

RLJ Equity Partners, a private equity fund that seeks expansion capital and buy out investment opportunities in six core industries;

RLJ Select Investments, a multi-strategy hedge funds of funds platform;

Urban Trust Holdings, a company that holds Urban Trust Bank, a federal thrift institution with operations in Florida, Washington, D.C., and Maryland, and a nationwide credit card operation;

Caribbean Gaming & Entertainment (CAGE), a video lottery gaming company based in Puerto Rico with operations in St. Kitts and Barbados;

RLJ-McLarty-Landers Automotive Group.

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