Terry Johnson grew up in Illinois, attended Augustana College and is a graduate of the General Motors Institute of Technology. He founded a private real estate investment company, Terry Johnson and Associates, investing in apartment buildings and commercial properties in Colorado, Maryland, and Los Angeles. Now retired, Mr. Johnson enjoys a second home in La Jolla. A collector car and model train enthusiast, he has extensive collections and exhibits of both at his primary home in Denver, Colorado. Mr. Johnson has also served on the board of directors of the Classic Car Club of America.