Robert Woody Johnson, commonly referred to as “Woody”, is an influential American businessman and philanthropist. As of September 13, 2023, Bloomberg Billionaires Index cites his net worth at a staggering $6.43 billion. Most of this fortune has its roots in inherited Johnson & Johnson shares and his significant acquisition, the New York Jets football team, which he secured in 2000 for an impressive $635 million.
Woody Johnson has established a remarkable name for himself not just in business but also in philanthropy. His current net worth of $6.43 billion has come from diverse investments, most prominently from the Johnson & Johnson shares and the ownership of the New York Jets.
Date | Event | Summary |
---|---|---|
2000 | Purchase of New York Jets | Robert Woody Johnson acquires the New York Jets for $635 million. |
2016 | Forbes’ Estimation | Johnson’s net worth was estimated to be $6.3 billion. |
2023 | Bloomberg Billionaires Index Estimation | As of September 13, his net worth is estimated at $6.43 billion. |
2023 | Johnson Family Foundation Introduction | Johnson launches the Johnson Family Foundation. |
2023 | Forbes Billionaires List | Johnson is ranked 381st among the world’s billionaires. |
Hailing from the affluent Johnson family, one of the U.S.’s wealthiest clans, Woody’s great-grandfather, Robert Wood Johnson I, was the co-founder of the healthcare giant, Johnson & Johnson. The company shares, inherited from his father, Robert Wood Johnson II, play a significant role in Woody’s current fortune.
Back in 2000, Woody made headlines by purchasing the New York Jets for $635 million. Fast forward to August 2022, and the team’s valuation skyrocketed to an estimated $4.8 billion, marking a substantial asset in Woody’s portfolio.
His extensive net worth isn’t just from the Jets and Johnson & Johnson shares. According to data, assets outside of his football team’s ownership stand at around $1.7 billion.
Not just a businessman, Woody is also recognized for his philanthropic spirit. Over the years, he has generously contributed to causes such as education, healthcare, and the arts. In 2017, he introduced the Johnson Family Foundation to bolster his support for education and healthcare projects.
Within the NFL community, Johnson isn’t a silent spectator. He actively participates as a member of the NFL’s finance committee, the committee on international games, and even the Super Bowl host committee.
The Johnson family’s legacy traces back to 1886 when Woody’s great-grandfather, Robert Wood Johnson I, co-founded Johnson & Johnson. Today, it stands as a leading global healthcare company, testament to the family’s business acumen.
Woody’s affluence places him among the elite NFL owners. Forbes’ rankings highlight him as the 381st richest person globally. Other wealthy NFL owners include Jerry Jones ($10.6 billion), Stan Kroenke ($10.4 billion), Robert Kraft ($8.8 billion), and Shahid Khan ($8.5 billion).
Robert Woody Johnson’s name is synonymous with wealth, power, and a penchant for sports. His net worth, stemming largely from Johnson & Johnson and the New York Jets, showcases his strategic investments and business prowess. Beyond business, his contributions to philanthropy and active role in the NFL community make him a notable figure.
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