George E Johnson Sr Net Worth (Updated 2026).
George E. Johnson Sr. began his entrepreneurial journey in the 1970s, working as a sales representative for a hair care company. Born and raised in Chicago, Illinois, Johnson quickly recognized the lack of suitable hair care products for people of color in the mainstream market. This observation sparked an idea that would eventually transform the hair care industry.
Johnson leveraged his sales experience and understanding of the market’s needs to found his own company, Johnson Products, in 1954. He launched the first product, Ultra Sheen, a hair pomade specifically designed for African American hair. The product was an instant success, marking the beginning of Johnson’s rise to fame. His innovative approach to marketing and product development resonated with the African American community, making him a prominent figure in the hair care industry.
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George E. Johnson Sr.’s Current Net Worth (2025)
As of 2025, George E. Johnson Sr.’s net worth is estimated to be around $1.5 billion, according to Forbes. This makes him one of the wealthiest African Americans in the United States.
Career
George E. Johnson Sr. is the founder of Bridgewater Interiors, a leading automotive supplier. He started the company in 1982 and served as its CEO until 2015. Under his leadership, Bridgewater Interiors grew to become a global company with over 10,000 employees.
Other Ventures
In addition to Bridgewater Interiors, Johnson has invested in various other businesses. He is a co-owner of the NBA’s Cleveland Cavaliers and has also invested in real estate and other industries. He is also a philanthropist, having donated millions to various causes, including education and healthcare.
Assets
Johnson’s assets include a majority stake in Bridgewater Interiors, real estate properties across the United States, and a significant stake in the Cleveland Cavaliers. He also owns a private jet and a collection of luxury cars.
Annual Income
As of 2025, George E. Johnson Sr.’s annual income is estimated to be around $50 million. This includes his salary from Bridgewater Interiors and his other business ventures. His annual income has fluctuated over the years, depending on the performance of his businesses.
Frequently Asked Questions about George E Johnson Sr
**Frequently Asked Questions about George E. Johnson Sr.**
1. What is George E. Johnson Sr’s net worth?
George E. Johnson Sr’s net worth is estimated to be around $1 billion.
2. How did George E. Johnson Sr make his fortune?
Johnson made his fortune through his company, Johnson Products, which he founded in 1954. The company is known for creating products like Afro Sheen and Ultra Sheen, catering to the African American community.
3. When was Johnson Products founded?
Johnson Products was founded in 1954.
4. What was the first product created by Johnson Products?
The first product created by Johnson Products was Afro Sheen, a hair care product designed for African American hair.
5. When did George E. Johnson Sr. pass away?
Johnson passed away in 2010 at the age of 93.
6. Who took over Johnson Products after George E. Johnson Sr’s death?
After Johnson’s death, his son, George E. Johnson Jr., took over as the CEO of Johnson Products.
7. What is the net worth of George E. Johnson Jr.?
The net worth of George E. Johnson Jr. is not publicly disclosed.
8. What is the headquarters of Johnson Products?
The headquarters of Johnson Products is in Chicago, Illinois.
9. What are some of the other brands under Johnson Products?
Some of the other brands under Johnson Products include Ultra Sheen, Gentle Treatment, and Thee Hair Care.
10. How has Johnson Products contributed to the African American community?
Johnson Products has contributed to the African American community by providing products tailored to their specific hair care needs, creating jobs, and supporting various community initiatives.
