As a single mother of six children, Hobson felt anxious about her domestic status and was so embarrassed that she never welcomed her friends to her house. Today we will talk about Mellody Hobson’s net worth and All Updates fact Of Her Richer Life.
During an interview, she remarked that her mother’s “very terrible financial decisions” shaped her into the person she is now and made her obsessed with money management, which eventually led her to pursue a career in finance.
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College Life
Mellody Hobson received a lot of attention for her impressive academic performance and the hard work that she put in that eventually paid off very handsomely. Shortly after that, she was accepted to an Ivy League school called Princeton.
She was able to finish her schooling thanks to financial assistance in the form of grants and loans from the Pell program. Not long after she received her bachelor’s degree, she was approached by Ariel Investment and given the opportunity to work there on a permanent basis. In the year 2000, she won the election to become President of Ariel.
Personal life
At a business convention in 2006, Hobson met George Lucas and the two began a relationship that lasted until 2009. When Hobson and Lucas announced their engagement in January 2013, they married on June 22, 2013, at Lucas’ Skywalker Ranch. The birth of their daughter, Everest Hobson Lucas, was made possible by a surrogate in August 2013.
Hobson was photographed by Annie Leibovitz for Pirelli’s 2016 calendar. To express the City of Birmingham’s gratitude for her humanitarian work with Birmingham’s Bright Future leaders in August 2017, she appeared on the Jack Good Show.
Career
Additionally, she serves on the boards of Ariel Investments and Starbucks. Ariel Investment Trust’s chairman of the board of trustees, Mellody served as president for over two decades prior to her formal nomination as co-CEO. Additionally, she is a regular guest on the Tom Joyner Morning Show where she gives money advice, and she writes a regular column for the Black Enterprise magazine.
Moreover, she serves as a board member of JPMorgan Chase. As a child, Hobson was born into poverty, but she made it her aim to become wealthy and help others invest their money wisely. Let’s move on and check out Mellody Hobson’s net worth and her achievement.
Achievement
A few months ago, the woman said that she wished to help alleviate the financial burdens of others. As one of the world’s most influential figures, one of the most prestigious honors bestowed on Hobson was his inclusion in the Time 100 list of the world’s most influential people. She has been named one of the “20 leaders of the future” by Ebony magazine, among numerous other honors. Let’s move on and read about Mellody Hobson’s net worth
How Much Does Mellody Hobson’s Net Worth And Salary?
Mellody Hobson’s Net Worth
What are Mellody Hobson’s net worth and salary? American businesswoman Mellody Hobson’s net worth is an estimated $100 million. When Mellody married George Lucas in 2013, she became a household name across the country. Mellody Hobson was born in Chicago, Illinois, and she received her master’s degree in public and international affairs from Princeton University’s Woodrow Wilson School.
When she joined Ariel Invesments, LLC, she became Senior Vice President and Director of Marketing. In 2000, she was elected President of the company, which had assets of approximately $3 billion. She serves on the boards of numerous organizations, including the Sundance Institute and the Chicago Public Library, and is the Chairman of the Board of Trustees for Ariel Mutual Funds.
She serves as a director of Starbucks, Groupon, and Estee Lauder, among other companies. A regular guest on “Good Morning America,” she serves as Chairman of Dreamworks Animation SKG, Inc. In 2004, the Wall Street Journal named her one of the “50 Women to Watch.” For the Denver Broncos, Mellody was part of the consortium of investors led by Walmart heir Rob Walton that successfully bid $4.65 billion for the NFL team in June 2022.
Mellody Hobson Is About To Be The First Black Female Owner Of An NFL Team | Celebrity Net Worth https://t.co/tP8LcDXyW7
— Pam Grier Ph.D (@PamGrier) June 11, 2022
Mellody Hobson’s Salary
Mellody Hobson receives a total salary of $400,000 from JPMorgan Chase & Co. due to the fact that she serves as an Independent Director for the company. James Dimon receives the highest income at JPMorgan Chase & Co., which is $31,612,600. There are 15 other executives at the company who earn more than Dimon.
Hobson JPM Stock SEC Form 4 Insiders Trading
According to Form 4 that was submitted to the SEC, Mellody has engaged in more than 34 transactions involving JPMorgan Chase & Co. stock since 2006. On January 18, 2022, she made her most recent purchase, which was for 670 shares of JPM stock and cost $100,286.
Her purchase of 141,573 shares of JPMorgan Chase & Co.
stock on August 19, 2013, for a total value of nearly $9,995,054, was the single largest trade she had ever executed. Since 2005, Mellody has been trading approximately 4,211 units every 32 days on average. She had at least 18,295 units of JPMorgan Chase & Co stock in her possession as of the 18th of January 2022.
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