After selling a company for billions, a self-made entrepreneur said her story wasn't finished—'I needed another act in my life'.

  • Published In: Fortune.com, 2024. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Gerut, Amanda 3 of 3

Abstract

The article focuses on entrepreneur Sheila Johnson's transformative impact on Middleburg, Virginia, through her luxury hospitality ventures and sports team ownership. After purchasing a struggling property in the area, she established Market Salamander, which revitalized the community and led to the development of the Salamander Resort & Spa. Johnson, the first Black woman to own stakes in three professional sports teams—the NHL's Washington Capitals, the NBA's Washington Wizards, and the WNBA's Washington Mystics—aimed to create opportunities for women and increase diversity in sports and the arts. Her efforts have contributed to Middleburg's economic growth and have inspired other women to pursue ownership roles in sports. [Extracted from the article]

Additional Information

  • Source:Fortune.com. 2024/10, pN.PAG
  • Document Type:Article
  • Subject Area:Arts and Entertainment
  • Publication Date:2024
  • Accession Number:180176800
  • Copyright Statement:Copyright of Fortune.com is the property of Fortune Media (USA) Corporation and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.