How Mellody Hobson Built an Empire—and Broke Barriers Doing It
Quick Facts
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Full Name: Mellody Hobson
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Age: 56 (Born April 3, 1969)
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Nationality: American
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Married? Yes – to George Lucas (m. 2013)
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Net Worth (2025): Estimated $100M–$800M
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Known For: President and Co-CEO of Ariel Investments, former Chair of Starbucks
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Current Role: Co-CEO and President, Ariel Investments
The Rise to Wealth: From Food Stamps to Financial Fame
Mellody Hobson’s ascent is nothing short of extraordinary. Raised in Chicago by a single mother, Hobson often recalls her family’s struggles with eviction notices and utility shut-offs. But that adversity forged a steel-like resilience in her.
After graduating from Princeton University in 1991, she joined Ariel Investments as an intern—a move that would change her life. She quickly rose through the company, becoming President by 2000. Today, she’s Co-CEO of the first Black-owned asset management firm in the U.S., overseeing billions in assets and breaking ceilings in a notoriously exclusive industry.
Biggest Achievements and Power Moves
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Ariel Investments: Helped grow the firm to manage over $14 billion in assets.
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Starbucks Chairwoman (2021–2024): As chair, she steered one of the world’s most iconic brands through a turbulent time.
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Board Roles: Hobson has held major board positions at JPMorgan Chase, Estée Lauder, and DreamWorks Animation.
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Lucas Museum Co-Founder: Alongside her husband, she co-founded the Lucas Museum of Narrative Art in Los Angeles.
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Philanthropy & Advocacy: Known for her work promoting financial literacy and diversity in business, including her leadership of After School Matters, a youth development nonprofit.
Related: Mellody Hobson on the Advice That Transformed Her Confidence
Why She’s Still in the Spotlight
Even after decades in finance, Hobson remains a commanding voice. In 2024, she stepped down from Starbucks’ board to focus on Ariel and her growing philanthropic influence. She continues to advocate for representation and equity in corporate leadership, emphasizing the value of diverse perspectives in boardrooms.
Personal Life: A Star Wars Marriage
Mellody Hobson met George Lucas at a business conference in 2006, and they married in 2013. The power couple has one daughter, Everest, born via surrogate. Despite being married to the creator of Star Wars, Hobson stands tall in her own right—with a business empire and legacy all her own.
Related: From Supermodel to CEO: The Karlie Kloss Power Evolution
Conclusion
Mellody Hobson's life is a masterclass in turning obstacles into opportunity. From her modest beginnings to her seat at the helm of global finance and culture, she’s not just a businesswoman—she’s a force. Her story proves that smart leadership, fearless ambition, and values-driven success are not mutually exclusive—they’re powerful allies.
