Robert Wood “Woody” Johnson IV is an American Businessman, philanthropist, and American diplomat. Woody Johnson is currently serving as United States Ambassador to the United Kingdom. Woody Johnson is the great-grandson of Robert Wood Johnson I, the co-founder of Johnson & Johnson. He is the proud owner of football team New York Jets in the American National Football League. Woody Johnson belongs to the rich and wealthy Johnson Family that was ranked in top 50 of World’s wealthiest family. Now let’s have a close look at Woody Johnson’s net worth in 2018.
Woody Johnson Early Life
Johnson was born on April 12, 1947, in New Brunswick, New Jersey. Johnson was born to Betty and Robert Wood Johnson III. His father was the president of Johnson and Johnson. Johnson’s childhood was spent in New Jersey with four other siblings Keith, Billy Elizabeth Libet Johnson, and Christopher Wold Johnson. Woody Johnson attended the Millbrook School. Johnson attended the University of Arizona and worked in Jonson and Johnson to understand the heritage and principles of family business.
Johnson had been married twice. His first marriage was in 1977 with a fashion model named Nancy Sale Johnson. Nancy and Woody were blessed with three children namely Casey, Jamie, and Daisy. They both were divorced in 2001. Their first child Casey died of diabetic ketoacidosis.
Johnson married Suzanne Ircha Johnson in 2009. Suanne is a former actress and equities managing director at Sandler O’Neill & partners. They have two children Robert Wood Johnson V and Jack Wood Johnson.
Woody Johnson Career
Johnson joined his forefather’s private company Johnson and Johnson that was founded in 1978. He joined the organization first as a summer trainee. After graduation, he joined as a full-time board of member. Woody Johnson, at present, is the chairman and chief executive of the Johnson Company. In 2000, he purchased the Jets for a reported fee of $635 million. This amount is third highest for a professional sports team and highest in the New York. Apart from this, Johnson also holds a courtside seat for the New York Knicks.
Johnson has always been a Republic and has given more than $1 million to several Republican candidates and committees. Woody Johnson holds an unofficial record of collecting largest amount for a campaign in a single evening. He collected an impressive amount of $7 million in a fundraiser in New York. He also provided funding to Republican National Convention of 2008. In 2017, Donald Trump nominated Johnson to become United States Ambassador to the United Kingdom.
Johnson became active in the various charitable organisations from the 1980s. His family had been severely affected by Lupus and juvenile diabetes which focused Johnson’s attention towards the cause. Johnson is a member of Council on Foreign Relations and plays a vital role raising funds in charitable causes. Woody Johnson started the Alliance for Lupus research foundation after his daughter was diagnosed with lupus
Net worth of Woody Johnson
Woody Johnson’s net worth is estimated to be around $4 billion. The Johnson and Johnson heir disclosed his property officially as he filed for the nomination to the US office of Government. Johnson disclosed that he has listed around 1100 stocks, bonds and other securities worth more than $50 millions in his BankUnited INC. account. It was stated that a majority of his wealth is tied to his National Football League Franchise the Jets. At present, the team is conservatively valued around $3 billion.
Robert Wood Woody Johnson in his life have never seen poverty but his efforts of charity and medical aids to various nonprofitable organisations ensures that he values the human life. Woody had always stated that he wants to work for a better future for humanity. His medical research center, his belief, and efforts are assisting him with this idea. One can easily presume that Woody was born with a Silver Spoon but it is a well -known fact that money doesn’t guarantee you success, hard work does. Woody Johnson is an ideal role model for aspiring businessmen.