Forget about Basketball Wives and Football Wives, these black women have top exec spots handling everything from ownership to the players’ involvement in the community. They didn’t need a wedding ring to call the shots, and with all due respect, these female bosses aren’t playing any games…
In 2000, Robert “Bob” Johnson sold BET to Viacom for $3 billion. That move made his then wife Sheila the first African- American female billionaire. Since the sale of the company and the divorce Sheila Johnson has become an entrepreneurial phenomenon. Among her many business endeavors is Monumental Sports & Entertainment, where she serves as vice chairman. As such she claims majority ownership of the WNBA’s Washington Mystics and minority ownership of the NBA’s Washington Wizards and NHL’s Washington Capitals. She is the first black woman to hold a stake in three professional sports teams.
Serena and Venus Williams
[They] have been comfortable at the top of the tennis world for a while now, but two years ago they achieved another milestone in professional sports. The top ranked sisters became part owners of the NFL’s Miami Dolphins. They bought a minority stake in the franchise, becoming the first female African-Americans to hold an ownership stake in an NFL team. The league has no African-American majority owner. In addition to opening that door to the front office, the Williams sisters also want to be ambassadors for their team and facilitate further outreach to the community.
[She] is the vice president and associate general Counsel for The HEAT Group, the company that runs the NBA’s Miami Heat. As VP she advises the company on a variety of legal issues that pertain to marketing, promotions, concerts, events, corporate sales, merchandising initiatives and player-related matters. Before joining the company Wright was the senior director of business and legal affairs for the Ladies Professional Golf Association (LPGA).
Read more at The Atlanta Post to learn about these leading ladies!