Sheila Johnson's Perspective on Wealth and Identity

Sheila Johnson, co-founder of BET and CEO of Salamander Hotels and Resorts, discusses her perspective on wealth and identity. She reflects on the title of being the first black woman billionaire, explaining that she doesn't like the label because it can bring negative stereotypes and expectations. Johnson emphasizes that it's more important to focus on what you do with your wealth and how you use it to make a positive impact. She also shares her journey of overcoming adversity, including a challenging marriage and financial obstacles, to become a successful entrepreneur. Johnson believes in the power of education and investing in younger generations, and she is passionate about supporting women and people of color in business and sports. She discusses the importance of representation and diversity, both in media and in leadership positions. Johnson also shares her experiences in the hospitality industry, highlighting the value of creating inclusive and intimate spaces that cater to a variety of cultures and identities. She concludes by emphasizing the need for continuous innovation and adaptation in the ever-evolving media and sports industries.