Mellody Hobson Net Worth: How Much Money Does She Have?

By Joseph On Jul 5, 2022

Mellody Hobson is a well-known Chicago businesswoman. According to the Forbes 2020 study, Hobson is one of the most influential persons in the world. CEO and President of Ariel Investments; co-chairwoman and CEO of Starbucks Corporation.

DreamWorks Animation was also run by Mellody Hobson, who served as the company’s CEO. The first African American woman to lead Chicago Economic Club in 2017 made Hobson a big success.
Starbucks will appoint Mellody Hobson as its board chair in 2021. This gave her a household name in the corporate world. Beyond her business success, Mellody’s 2013 marriage to George Lucas, a rich film director, drew a lot of attention.

Early Life

Her mother, Mellody Hobson, reared her from the time she was a small child in Chicago, Illinois, on April 3, 1969. She and her six other siblings were raised as a unit. She was so ashamed by the social stigma as a child that she never allowed her friends to visit her at home because she was insecure about her family life.

Because of her mother’s “very bad financial judgments and really bad decisions,” she became the person she is today and became obsessed with managing money, both of which led her to pursue a career in finance. In one interview, she stated that her mother had “very bad financial judgments and made really bad decisions.”

Career

Not only is Mellody Hobson the CEO and President of Ariel Investments, but she also serves as the chairwoman of Starbucks. It took her twenty years of service as Ariel’s president before she was promoted to the position of official co-CEO. Additionally, she served as the chairperson of the board of trustees for Ariel Investment Trust.

Mellody is a member of the CBS News Contributing Team. She appears on the Tom Joyner Morning Talk show once a week to offer financial guidance. In addition, she contributes articles to the well-known publication Black Enterprise.

Hobson’s career took off after she joined JPMorgan Chase and was promoted to the position of director there. Mellody Hobson is regarded as one of the most successful investors in the United States and is also an educator in the field of finance. She was raised in a low-income household, so she made it her mission in life to educate herself on the value of prudent financial planning and to share that knowledge with others.

Personal Life

Mellody Hobson began a relationship with George Lucas, who is a film director and producer. The wedding took place at A Skywalker Ranch in Marin County, California, in 2013, when the happy couple exchanged their vows in front of their family and friends. The ranch is owned by Hobson as well as her husband, George Lucas.

Everest Hobson In August of 2013, they had their first daughter together, Lucas, who was carried to term through a surrogate. She takes precautions to prevent anyone else from experiencing the same things she did in the past from happening to them.

Mellody Hobson’s Net Worth

American businesswoman Mellody Hobson has a net worth of $100 million. Mellody became well-known all over the country when she married the billionaire movie director George Lucas in 2013.

Mellody Hobson was born in Chicago, Illinois, and went to the Woodrow Wilson School of Public as well as 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. In 2000, she became President and was in charge of assets worth almost $3 billion. She is the Chairman of the Board of Trustees for Ariel Mutual Funds and serves on the boards of many organizations, such as the Sundance Institute and the Chicago Public Library.

She is also on the Boards of Directors for Starbucks, Groupon, and Estee Lauder. She is the Chairman of Dreamworks Animation SKG, Inc., and she often appears on “Good Morning America” to talk about current events. In 2004, she was named one of the “50 Women to Watch” by Wall Street Journal.

Mellody was part of a group of investors that won a $4.65 billion bid to buy the NFL’s Denver Broncos in June 2022. The group was led by Rob Walton, an heir to Walmart.

Awards & Achievement

Hobson was quoted as having previously claimed that she would do all in her power to make the concerns of other individuals on how to handle their finances feel less worrisome. Mellody Hobson has been included in the magazine’s yearly list of the 100 persons who have the most impact on the world as a Laureate, which was bestowed upon her by the Lincoln Academy of Illinois.

She was also included on the Time 100, which is a list of the 100 people who have the most influence on the globe, and she has served as an inspiration for tens of thousands of individuals.

She made history by becoming the first African-American woman to ever hold the position of chairperson for the Economic Club of Chicago, which is located in Illinois. Her story has been told in several books, including “20 Leaders of the Future” and a few more.

Frequently Ask Questions

Hobson began working at Ariel Investments in 1991 after graduating from Princeton. He has been there ever since. The co-CEO of Ariel and a member of numerous large corporations’ and non-profits’ boards of directors,

Who Is Mellody Hobson’s Husband?

Theodore Walton American director, producer, screenwriter, and entrepreneur, George Lucas Jr. is a multi-hyphenate. For his work on the Star Wars and Indiana Jones series, Lucas is widely regarded as the creator and founder of Lucasfilm, LucasArts, and ILM.

How Did Mellody Hobson and George Lucas Meet?

In 2006, they met at a business conference in Aspen. Since then, they have been dating even though he lives in California and she lives in Chicago. Ariel Investments Llc, which is based in Chicago and run by Hobson, is an investment management company.