Sufiya RizwanThe President and Co-founder of Ariel Investments Melody Hobson celebrates its 40th anniversary.
Ariel Investments celebrated its 40th anniversary last year, says Mellody Hobson. Co-chief executive and president of the first Black-owned mutual fund firm in the U.S.
Melody Hobson rose to co-CEO in 2019 and to president in 2000. Ariel Investment’s launch of emerging-markets value and portfolios in April 2023. Ariel Investments manages around $14.9 billion in assets in today’s world.
Melody Hobson Shares Her Millionaire Ways
In an interview, she shares her path to success.
Melody Hobson comes to mind when it comes to making money. With patience a long-term perspective, and a higher goal, Melody has made a name for herself in the world. Melody Hobson is the Chief Executive Officer of Ariel Investments, a firm with more than $17 billion in assets under management (AUM) to date.
Melody Hobson is now considered one of the most powerful businesswomen in the world. Hobson emphasizes the need to be successful and empowering. She directs her speech to the young adults of today’s generation.
Emphasis on strong fundamentals:
Her investment choices revolve around companies that deem her profits. So lid management, and a competitive edge in their industries.
She keenly observes the company’s unique strengths or competitive advantages. Which apart from competitors.
A competitive advantage can lead to long-term success, is what she says.
Thereafter, look at the company’s position within its industry and its ability to capture market share. Companies with a strong market presence often have a better chance of weathering economic downturns. This will help to assess the company’s potential for future growth and expansion, including new markets, products, or services.
Melody Marries Star Wars Creator
The infamous filmmaker, who created the Star Wars and Indiana Jones film franchises, met his match in businesswoman Melody Hobson.
Who founded Ariel Investments, one of the country’s largest investment firms. They dated for seven years, tying the knot in June 2013. They welcomed their daughter “Everest” through surrogacy in August 2013.
Previously Lucad was married to film editor “Marcia Griffin” in 1969. Their divorce was filed in 1983.
Hobson and Lucas typically keep their relationship private when they aren’t making charitable donations or winning major awards. Their careers don’t often cross paths, but Hobson has supported her husband in every way possible. She is now a co-founder and board member of the Lucas Museum of Narrative Art.
“I think our relationship works because we are extraordinarily open-minded people. And we’re open to what the universe brings us,” Hobson tells Oprah Winfrey during a 2012 interview on Oprah’s Next Chapter. “I think we didn’t have preconceived ideas about what a partner should be, and so we allowed ourselves to discover something unexpected.”