Cathy Hughes’ Net Worth
Cathy Hughes has a net worth of $460 million and is an American entrepreneur, television and radio presenter, and business leader. In April 1947, Cathy Hughes was born in Omaha, Nebraska. Radio One, which is now known as Urban One, was launched by her.
Cathy Hughes worked as a reporter for both the Omaha Star and KOWH in Omaha. She was the General Sales Manager of WHUR. She is the president of Radio One and a minority shareholder in BET Industries. Cathy Hughes and her son Alfred Liggins were named Entrepreneurs of the Year by Ernst & Young. A documentary series about her life is called Profiles of African-American Success.
Catherine L. Hughes, an African-American entrepreneur, radio and television personality, and business leader, was born Catherine Elizabeth Woods on April 22, 1947, in Omaha, Nebraska. Hughes launched the media firm Radio One, which later grew into TV One. When the company went public in 1998, Hughes became the first and only African-American woman to lead a publicly traded company at the time. Hughes invented the urban radio format “The Quiet Storm” on Howard University’s radio station (WHUR) in the 1970s, with the late Melvin Lindsay as its first disc jockey (who was a Howard University student, at the time).
Hughes was married to Alfred Liggnis Jr. from 1965 to 1967. Their only child, Alfred Liggins III, was born to them. Alfred was born on January 30, 1965, in Omaha, Nebraska. She fell pregnant when she was seventeen, and her mother expelled her from the family.
She later married Dewey Hughes in 1979. However, they divorced in 1987. They weren’t married and didn’t have a child together.
She worked for the Omaha Star, an African American newspaper, in the mid-1960s before moving to radio. In 1969, she began her career at KOWH in Omaha. Tony Brown gave her a job as an administrative assistant in Washington, DC, so she relocated there. This occurred at the School of Communications at Howard University. In 1973, she was appointed to General Sales Manager.
She was the first female vice president and general manager of a television station in the United States in 1975. Hughes pioneered the “Quiet Storm” format, which transformed urban radio and was heard on more than 480 stations nationwide.
She and her husband, Dewey Hughes, set out to purchase a radio station in 1979. Her husband went on to found Radio One after this transpired in 1980. When the previous workers ruined the facility, she ran into financial difficulties, and as a result, she lost her home and moved to the station with her young child.
In 1987, she reestablished the radio station WMMJ with her firm Radio one. The WKYS radio station was created by Radio One in 1995. In 1999, Radio One became a publicly traded company. In 2007, her son was the CEO of Radi One, while Cathy was the chairperson. In addition, she owns a tiny stake in BET Industries. In 2020, Cathy was elected to the Creighton University Board of Trustees in Omaha.