Mellody Hobson is a well-known American businesswoman from Chicago, Illinois. According to the Forbes 2020 report, Hobson is regarded as one of the most influential individuals in the world. She is best known for being the co-CEO and President of Ariel Investments, as well as the chairwoman of Starbucks Corporation.
Mellody also served as the chairman of DreamWorks Animation. In 2017, Hobson succeeded after becoming the first African American lady to lead The Economic Club of Chicago. Mellody Hobson became one of the most visible corporate directors in 2021 after Starbucks appointed her to chair their board of directors.
Mellody, in addition to her business success, rose to prominence in 2013 when she married George Lucas, a billionaire filmmaker. Hobson’s husband, George Lucas, currently has a net worth of $5.3 billion. She also owns over 670 JPMorgan Chase & Co. units worth over $2164k. Mellody Hobson earned $400 thousand as an independent director of JPMorgan Chase & Co.
Mellody Hobson Net Worth
Mellody Hobson’s Net Worth is estimated to be around $120 million, becoming one of the most well-known businesswomen in America. The majority of her income comes from her JPMorgan Chase Co. Furthermore, she served as a co-CEO with Ariel Investments, the contributor of CBS News, as well as the chairperson of Starbucks, from which she accumulated a vast chunk of money. After being born into poverty, Hobson made it her task to be successful and support others to invest money satisfactorily.
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Mellody Hobson Early Life
Mellody Hobson was born on April 3, 1969, and was raised by a single mother in Chicago, Illinois. She grew up with her six siblings. She was insecure about her domestic situation as a child and was so embarrassed that she never allowed her friends to visit her home because of the stigma.
In one of her interviews, she stated that her mother’s “very terrible financial judgements and made terrible decisions” shaped her into the person she is today and caused her to become obsessed with money management. This passion would eventually lead her to pursue a financial career.
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Mellody Hobson Career
Mellody Hobson is not only the CEO and President of Ariel Investments but also the chairperson of Starbucks. She was Ariel’s president for two decades before being named co-CEO, and she also served as chairman of the Ariel Investment Trust’s board of trustees.
Mellody is a contributor for CBS News, providing weekly money tips on the Tom Joyner Morning Show and writing columns for the popular magazine Black Enterprise.
Hobson rose to prominence after joining JPMorgan Chase, where she currently serves as a director. Mellody Hobson is a top American investor and financial educator who grew up in poverty and made it her life’s mission to learn how to invest wisely and teach others how to do the same.
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