Mellody Hobson is an American businesswoman that has a net worth of $100 million at the present time. Mellody Hobson also earns an impressive salary. In 2013, Mellody married Hollywood mogul George Lucas, which catapulted her into the public eye on a widespread scale.
Mellody Hobson is a graduate of the Woodrow Wilson School of Public and International Affairs at Princeton University. She was born in Chicago, Illinois, and attended that university. She quickly rose through the ranks at Ariel Investments, LLC, becoming Senior Vice President and Director of Marketing not long after she joined the company.
In the year 2000, she was promoted to the position of President and is now responsible for almost $3 billion in assets. In addition to serving on the boards of directors for a number of different organisations, including the Sundance Institute and the Chicago Public Library, she is the Chairman of the Board of Trustees for Ariel Mutual Funds.
Additionally, she serves on the Board of Directors for Estee Lauder, Groupon, and Starbucks Corporation. She is also a regular guest commentator on “Good Morning America,” in addition to her role as Chairman of Dreamworks Animation SKG, Inc. In 2004, she was recognised by the Wall Street Journal as one of the “50 Women to Watch.”
Mellody was a member of the group of investors that made a successful $4.65 billion bid to acquire the Denver Broncos of the National Football League in June 2022. The group was managed by an heir to Walmart named Rob Walton.
She is the chief executive officer and president of Ariel Investments, as well as the chairperson of Starbucks’ board of directors. Prior to her official appointment as co-CEO, Mellody held the position of president of Ariel for the preceding twenty years and served as chairman of the board of trustees for the Ariel Investment Trust. She writes a column that is published in Black Enterprise and also contributes to CBS News and the Tom Joyner Morning Show money advice.
In addition to that, she is currently a director at JPMorgan Chase. Since Hobson was born into poverty, she has made it the mission of her life to educate others on how to make prudent financial investments and to pass on the knowledge that she has gained.
Lifestyle in College
When Hobson applied herself completely and worked very hard, she was rewarded richly by being accepted to Princeton University, an Ivy League institution. She finished her school with the help of Pell grants, various loans, and other forms of financial assistance. After she had finished her bachelor’s degree, Ariel Investments offered her a position as a full-time employee at the company. In the year 2000, she won the election to become the President of Ariel.
In the past, she stated that one of her goals in life was to help alleviate the worries and concerns of others over their financial situations by whatever means necessary. Hobson has been recognised as a Laureate of the Lincoln Academy of Illinois and as a member of Time 100, which is the annual list that Time magazine compiles of the 100 most influential people in the world.
This honour was bestowed upon Hobson by one of the most influential people in the world. She was named one of the “20 leaders of the future” by Ebony Magazine, and she has also been acknowledged by a number of other publications.
Mellody Hobson, one of the most well-known and successful businesswomen in the United States, is reported to have a net worth of 120 million dollars. Her principal source of money comes from her work at JPMorgan Chase & Co.
In addition to that, she has held positions as the co-CEO of Ariel Investments, the chairman of Starbucks, and a contributor for CBS News. Hobson was born into a low-income family, and as a result, she has made it the mission of her life to educate those around her on how to make prudent financial investments.