Where does Woody Johnson rank among 400 richest people in America? Jets owner's 2024 net worth explored

New York Jets co-owner Robert Wood Johnson earned a place on the most recent Forbes list of the 400 richest people in the nation. Johnson's economic savvy and his familial ties have been crucial in helping him accumulate his substantial wealth.

According to Forbes, he bought the Jets in 2000 for $635 million, which at the time was the highest sum paid for a sports franchise in New York and the third-highest ever for a professional sports franchise. As of 2024, the team's estimated net value is $5.4 billion.

Based on Forbes' 400 Richest People in America list, Johnson has a net worth of $3.4 billion, making him joint-388th richest in the country. There are a host of other NFL owners on the list including Denver Broncos' Rob Walton, Carolina Panthers' David Tepper, and a host of others.

According to Forbes, the 400 rankings represent estimations of net worth based on the price of stocks and other factors. As the worth of the individuals' stock possessions, investments and other holdings fluctuate, Forbes continuously revises its ranking in near real time.

Woody Johnson, New York Jets owner - Source: Getty

How much has Jets owner Woody Johnson's net worth increased in 2024?

According to Forbes, Woody Johnson, currently ranked 388th, moved up on the list of richest Americans. His 2023 net worth was $3.2 billion, which grew by $200 million in 2024 to a total of $3.4 billion.

Johnson inherited his wealth from his grandfather, who bequeathed the majority of his wealth to the Johnson family foundation, according to Forbes. The Johnson Family received most of the substantial proceeds.

Woody's position of leadership in Johnson Company Inc. and acquired assets play a major role in his position as one of the richest Americans. He is also the heir to the Johnson & Johnson fortune.

Johnson is not just a prosperous businessman but also a politician. He was named the United States ambassador to the United Kingdom in 2017 to help improve ties between the two nations. During his administration, he vigorously supported former President Donald Trump and is reportedly continuing to do so in this 2024 election year.