Lady Bird Johnson

At 94 years old, Lady Bird Johnson physical status not available right now. We will update Lady Bird Johnson's height, weight, eye color, hair color, build, and measurements.

In January–February 1943, during World War II, Lady Bird Johnson spent $17,500 of her inheritance to purchase KTBC, an Austin radio station. She bought the radio station from a three-man partnership that included Robert B. Anderson, a future U.S. Secretary of the Navy and U.S. Secretary of the Treasury, and Texas oilman and rancher Wesley West.

She served as president of the LBJ Holding Co., and her husband negotiated an agreement with the CBS radio network. Lady Bird decided to expand by buying a television station in 1952, despite Lyndon's objections. She reminded him that she could do as she wished with her inheritance. The station, KTBC-TV/7 (then affiliated with CBS as well), was Austin's monopoly VHF franchise and generated revenues that made the Johnsons millionaires. Over the years, journalists have revealed that Lyndon used his influence in the Senate to influence the Federal Communications Commission into granting the monopoly license, which was in Lady Bird's name.

LBJ Holding also had two small banks; they failed and were closed in 1991 by the FDIC. But the core Johnson radio properties survived and prospered. Emmis Communications bought KLBJ-AM, KLBJ-FM, KGSR, and three other stations from LBJ Holding in 2003 for $105 million.

Eventually, Lady Bird's initial $41,000 investment turned into more than $150 million for the LBJ Holding Company. She was the first president's wife to have become a millionaire in her own right before her husband was elected to office. She remained involved with the company until she was in her eighties.

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