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BET Founder Bob Johnson is the first entrepreneur to have more than three companies on the BE 100s in a single year. His diverse portfolio includes RLJ Development L.L.C. (No. 8 on the BE Industrial/Service Companies list); Bobcats Basketball Holdings L.L.C. (No. 40 on the BE Industrial/Service Companies list); Urban Trust Bank (No. 12 on the BE Banks list); and RLJ McLarty Landers Automotive Group marking its debut at No. 3 on the BE Auto Dealers list.
Founded in 2007, Johnson’s latest venture is a partnership between RLJ Cos. and McLarty-Landers Automotive. The partnership combines the 10 existing dealerships owned by Mack McLarty, former Bill Clinton chief of staff, and his partner Steve Landers with a capital commitment from the RLJ Cos. who possesses majority ownership. The partnership projects the addition of 20 dealerships and sales exceeding $1 billion over the next five years.