Woody Johnson’s name rings synonymous with power, wealth, and sports, especially for those attuned to the buzz of the NFL and international diplomacy. As 2023 progresses, it’s imperative to delve into Johnson’s empire, examining the facets that constitute his whopping $6 billion net worth and more.
An Inheritance and Empire: Woody Johnson’s Financial Breakdown
Woody Johnson didn’t just amass wealth; he was born into it. The heir to the Johnson & Johnson pharmaceutical fortune, Johnson’s grounding in the healthcare industry is solid, both by lineage and ambition.
A Snapshot of Woody’s Assets
- Net Worth: An impressive $6 billion
- Annual Income: Approximately $210 million
- Stock Portfolio: Valued at $1.8 billion
- Inheritance: A cool $3.5 billion
- Liquid Assets: Around $900 million in cash
A Glimpse into His Personal Life: Love, Divorce, and Family
Beyond his businesses, Johnson’s personal life has had its share of headlines. His first marriage to Sale Johnson culminated after 25 years, leading to a significant divorce settlement. The aftermath saw Sale receiving a lump sum of $375 million and an annual alimony of $10 million until her passing in 2022.
Residences & Luxuries: Living Life the Woody Way
The NYC Penthouse
Woody lives an extravagant life. In New York City, his penthouse overlooks Central Park; with this $50 million investment boasting indoor pools, high-end home theatre systems, bowling alley facilities and top security measures; it provides him with everything needed for luxury living.
A stunning collection of 60 luxury and vintage cars is what Woody boasts of, including 9 custom Rolls Royce, 5 Ferraris, and more. And where do these beauties rest? A sprawling 10,000 square foot garage.
The High-flying Life
Matching the grandeur of his ground vehicles, Woody also owns a Boeing 747 and a couple of other private jets.
Sailing in Luxury
With five luxury yachts to his name, Johnson ensures he conquers the seas in style too.
Career Highlights: More than Just an Entrepreneur
From volunteering for Robert F. Kennedy’s presidential campaign to being appointed the U.S. Ambassador to the United Kingdom in 2017, Woody’s political interests have been evident. His focus on fortifying the U.S.-UK special relationship and enhancing bilateral trade marked his tenure. However, with a change in the U.S. administration in 2021, Johnson resigned from his ambassadorial role.
The New York Jets Saga
Acquiring the New York Jets in 2000 wasn’t just a business move; it was a passion. Johnson’s leadership saw the team move to their lucrative new home field, MetLife Stadium.
A Legacy of Giving: Philanthropy and Woody
Johnson’s financial prowess isn’t just about accumulating; it’s also about giving. From supporting medical research and healthcare advancements to advocating for veterans’ rights, Woody’s charitable endeavors are commendable. His unwavering support for the Special Olympics showcases his commitment to societal betterment.
Woody Johnson, A Modern Mogul
Woody Johnson stands as an iconic American figure who excels across sports, business, philanthropy and politics – his life marked with challenges, triumphs and immense success serves as an exemplary demonstration of modern billionarism. Johnson’s influence remains widespread across various industries and causes even after 2023 has come and gone.