Mellody Hobson is a successful American businesswoman. She is the president and co-CEO of Ariel Investments in Chicago, which is a well-known company that manages money. She is also well-known because she used to be the chairwoman of the company Dreamworks Animation.
She is well-liked and has been a role model for black people in positions of power, like when she became the first black woman to lead the Economic Club of Chicago in 2017.
Mellody Hobson was born in Chicago, Illinois, on April 3, 1969. She will be 53 years old in 2022. She was the sixth of six children and the last to be born. Her mother, Dorothy Ashley, raised her because her father was never around.
She was raised by a single mother, and she spent most of her childhood in Chicago. She is of African American background.
Mellody Hobson Early Life
When asked about her education, Hobson said that as a child she went to St. Ignatius College Prep in Chicago. She has said that she was obsessed with school and that she cried when she couldn’t go. This helped her get into Princeton University, where she got a Bachelor of Arts with a major in South African studies and graduated in 1991.
During her time at Princeton, she also worked as an intern at Ariel Investments. She has said that the internship made her sure that she would work at Ariel Investments in the future.
Mellody Hobson Career
Mellody worked as a journalist for a short time after she graduated from college, but she knew that Ariel Investments was the right place for her. She moved up the company’s ranks quickly and is now the senior vice president and director of marketing. She came up with new ideas and plans while in this job, and in the year 2000, she became the president of Ariel because of this. Given that Ariel Investments is in charge of nearly $13 billion in assets, this rise in just 10 years is very impressive.
Hobson is on the board of many other organizations besides Ariel. These include Chase & Co., JPMorgan, the Chicago Public Education Fund, the Sundance Institute, and the Lucas Museum of Narrative Art. She is also a director of the well-known Starbucks Corporation, and in 2018, Starbucks made her its Vice-Chair.
Her meteoric rise as an African American woman in America, despite the racism there, has made her famous, loved, and a role model for many. Time’s 2015 Time 100 list of the 100 most influential people in the world, Ebony magazine’s 20 leaders of the future, The Wall Street Journal’s 50 women to watch, and many other lists have praised her. In 2018, the governor of Illinois gave her the Order of Lincoln, which is the highest honor in the state of Illinois.
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What Is Mellody Hobson’s Net Worth?
American businesswoman Mellody Hobson has a net worth of $10 million. Mellody Hobson was born in Chicago, Illinois, and went to the Woodrow Wilson School of Public and International Affairs at Princeton University, where she got her degree. She went on to become Senior Vice President and Director of Marketing after she joined Ariel Invesments, LLC.