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Mothers, money and meaning: Mellody Hobson's remarkable rise [Reuters]
Last starbucks corporation earnings: 4/28 04:05 pm
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US:NASDAQ Investor Relations: investor.starbucks.com/ir-home/default.aspx
Hobson, 55, may be best known as a money adviser on TV, but she is also a force in corporate boardrooms, joining Forbes' list of the World's 100 Most Powerful Women in 2020. She is president and co-CEO of money managers Ariel Investments, chairwoman of Starbucks, and a director of banking giant JPMorgan Chase. She is also the wife of "Star Wars" creator George Lucas. Hobson's story begins in 1970s Chicago. Her single, no-nonsense mom Dorothy Ashley scrambled to raise six kids in the city's tough South Side by renovating apartments and condos, with little Mellody in tow. Sometimes those ventures worked. Often they did not, piling severe financial trauma onto Hobson, the youngest child. "Our cars used to get repossessed, and we used to hide our car from the repo man," she recalled. "We would get our lights turned off. There were times we got evicted, and all our possessions were put out on the street. It got very traumatic at times; not knowing where you're going to live is a t
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