Billionaire Curtis Johnson Charged with Sexual Assault in Racine County

Samuel Curtis Johnson III was formally charged today, March 24, with repeated sexual assault of a child. A judge released him on a $500,000 cash bond and Johnson was ordered to have no contact with the child or any other minor female child.

Johnson, who lives in Caledonia, is the billionaire son of the late Sam Johnson and is the former head of Sturtevant-based Diversey, Inc. Earlier this year, he took a leave of absence for "personal reasons." Since then, his sister, Helen Johnson-Leopold, has taken the reins of the company. His brother, Fisk Johnson, is head of SC Johnson.

In the criminal complaint, it is alleged that Johnson touched the victim on multiple occasions, exposed himself and asked the girl to have sex with him. The victim refused and also stated that she could not remember the age she was when the abuse began.

Portions of the complaint have been sealed until a hearing can take place on Friday, March 25. Court Commissioner John Bjelajac ordered Johnson to not leave the state and to surrender his passport.

The Journal Sentinel is also reporting a statement from Fisk Johnson.

Johnson could face up to 40 years in prison if convicted.

Last year, Forbes Magazine estimated Johnson's fortune at $2.1 billion, ranking him the 463rd richest person in the world.