How Much is Lonnie Johnson's Net Worth: Biography, Age, Wife & more – Lonnie Johnson is an American inventor, aerospace engineer, and entrepreneur who has an estimated net worth of US$300 million. He is best known for his inventing Super Soaker water gun in 1989 which has gone on to been one of the world's bestselling toys.
Johnson's main source of wealth stems from his Super Soaker water gun invention. His invention unlike others before and after it is unique because it used a hand pump to generate air pressure that could send a concentrated stream of water 20-30 feet.
He has also founded other companies and businesses that pump in huge sums of money every year. As an African-American entrepreneur who has been in the business of inventing for more than three decades, he sure is one who'll forever be remembered.
Who is Lonnie Johnson?
Lonnie George Johnson, born on October 6, 1949 in Mobile, Alabama is an American engineer and inventor. His father was a World War II veteran while his mother worked as a nurse. At a young age, Johnson's father taught him the basic principles of electricity.
Growing up, he did a lot of tinkering with things and that eventually earned him the name “the Professor” from his Alabama neighborhood kids. Johnson's perseverance as a child and failed tests gave him the experience he grew up with to do his inventions. He once tried to cook up rocket fuel in a saucepan but that ended up almost burning their house.
Johnson attended an all-black school in Mobile called Williamson High School. During his high school days, he represented his school at science fair in Alabama while drawing inspiration from George Washington Carver. Surprisingly, he was the only black student who attended the fair.
At the fair, he presented a robot he created and named ‘Linex', taking home the first-place prize at a time when there was little to nothing in the science space for African-Americans.
Johnson enrolled to Tuskegee University after he graduated from high school in 1969. He earned a B.S. in mechanical engineering and a Master's Degree in Nuclear Engineering two years later.
Johnson's first job came calling and he was employed by the U.S. Air Force, where he worked on the stealth bomber program for some time before making to NASA's Jet Propulsion Laboratory.
While working with the U.S. Air Force, he conceived the Super Soaker, a water gun idea. He initially called it “Power Drencher” when it made its first appearances in toy shops in 1990. Years on and Super Soaker is one of the bestselling toys in the whole of the United States. At present, Lonnie Johnson has 200 patents.
Lonnie Johnson is currently married to Linda Moore. They have four children and live in the Ansley Park district of Atlanta, Georgia.
How many houses and cars does Lonnie Johnson have?
Lonnie Johnson owns a number of houses and properties in the United States, this includes his Atlanta mansion where he lives with wife.
Although not much is known about his car collection, he sure is believed to own several luxurious ones.
How much does Lonnie Johnson make per year?
With a net worth estimated at approximately US$300 million, one would definitely wish to know how much Johnson makes annually. There is no information in the media that answers this question correctly. We'll do well to update our readers immediately we're duly updated.
What investments does Lonnie Johnson have?
Lonnie Johnson has made several strategic investments that secure his financial freedom. He has greatly invested in real estate and several start-up companies as well. Other online sources add that he does have other investment portfolios that make him enjoy so much wealth.
How many Endorsement deals does Lonnie Johnson have?
Inventor Lonnie Johnson has been reported to make many millions of dollars from endorsement deals. What is not in the media space as of yet is the exact number of such deals he has penned so far.
How many Philanthropy works has Lonnie Johnson supported?
The internet is currently scarce with any information regarding such charities and foundations he has supported all through his career till date.
How many businesses does Lonnie Johnson own?
Lonnie Johnson is the founder and president of Johnson Research and Development Co., Inc and and Johnson Real Estate Investments, LLC.. He is also the owner of Johnson Electro-Mechanical Systems and Excellatron.
Johnson founded Excellatron, a company that developed the next generation of rechargeable batteries.
After its success, he also founded another company which is known as Johnson Electro-Mechanical Systems, which converts thermal energy to electric energy by pushing hydrogen ions through membranes, has the potential to revolutionize solar and thermal power.