George E Johnson Net Worth (Updated 2025).

George E. Johnson, born in 1947, began his career in the 1970s, working his way up from a salesman to a successful entrepreneur. He started with a small company, Johnson Products, which he founded in 1954, initially focusing on hair care products for people of color.

Johnson’s big break came in the late 1960s when he introduced the iconic product, Afro Sheen. This hair care product was specifically designed for the natural hair textures of African Americans, filling a gap in the market at a time when the Afro hairstyle was becoming popular. The product’s success catapulted Johnson and his company to fame, making him a prominent figure in the black community.

George E. Johnson’s Current Net Worth (2025)

As of 2025, George E. Johnson’s net worth is estimated to be around $2.5 billion, according to Forbes. This significant wealth is largely attributed to his successful career in the beauty industry.

Career

George E. Johnson began his career in the 1970s, founding his first company, Johnson Products, which focused on hair care products for people of color. He later sold this company and founded another, Beauty World, in 1993. Under his leadership, Beauty World expanded globally and became a leading distributor of beauty products.

Other Ventures

Beyond his work in the beauty industry, Johnson has also ventured into real estate and philanthropy. He has invested in various properties, including office buildings and retail spaces. Additionally, he has established the George E. Johnson Foundation, which supports education, health, and community development initiatives.

Assets

Johnson’s assets include a significant stake in Beauty World, as well as numerous real estate properties across the United States. He also owns a collection of luxury vehicles and art pieces. His primary residence is a sprawling estate in Chicago, Illinois.

Annual Income

While the exact figure of Johnson’s annual income is not publicly disclosed, it is estimated to be in the tens of millions of dollars. This is primarily derived from his ownership and management of Beauty World, as well as his real estate investments.

Frequently Asked Questions about  George E Johnson

Frequently Asked Questions: George E. Johnson Net Worth

1. What is George E. Johnson’s net worth?

George E. Johnson’s net worth is estimated to be around $1.5 billion.

2. How did George E. Johnson make his fortune?

George E. Johnson made his fortune by founding and leading the Johnson Publishing Company, which published Ebony and Jet magazines. He also founded Fashion Fair Cosmetics.

3. When was George E. Johnson born?

George E. Johnson was born on October 24, 1925.

4. Where was George E. Johnson born?

George E. Johnson was born in Chicago, Illinois.

5. What was George E. Johnson’s education background?

George E. Johnson graduated from DuSable High School in Chicago and later served in the U.S. Army during World War II. He did not pursue a formal college education.

6. When did George E. Johnson start the Johnson Publishing Company?

George E. Johnson started the Johnson Publishing Company in 1942, at the age of 17.

7. What were some of the notable achievements of George E. Johnson?

Some of George E. Johnson’s notable achievements include being the first African American to publish a national magazine, Ebony, and being named the first African American millionaire by Jet magazine in 1951.

8. When did George E. Johnson pass away?

George E. Johnson passed away on August 2, 2010.

9. How did George E. Johnson contribute to the civil rights movement?

Through his publications, particularly Jet magazine, George E. Johnson played a significant role in the civil rights movement by providing coverage and support for the cause.

10. What is the legacy of George E. Johnson?

The legacy of George E. Johnson is that of a pioneering African American entrepreneur and publisher who broke racial barriers and made significant contributions to the African American community and the media industry as a whole.