Mellody Hobson’s story is one of inspiration. She rose from an unstable home environment to become a prominent leader in the academic and business worlds, inspiring many to reach for something higher by deciding they want more out of their lives. She graduated from Princeton University in 1991 and began at Ariel Investments, LLC as an intern shortly after. By 2000, Hobson had ascended to the role of president of Ariel, which is one of the largest black owned money management and mutual fund companies in the United States.
Hobson is also a regular contributor on ABC’s Good Morning America as well as a spokesperson for the annual Ariel/Schwab Black Investor Survey, which examines the influences and investing habits of Black and White Americans. She also writes a regularly featured column for Black Enterprise magazine and has her advice featured in such publications as Money, Fortune, Fast Company and PINK magazine.
She has won multiple awards including being named to Ebony magazine’s “20 Leaders of the Future, Working Women magazine’s “20 Under 30,” the World Economic Forum’s “Global Leaders of Tomorrow,” Esquire’s “America’s Best and Brightest,” and The Wall Street Journal’s “50 Women to Watch.”
In addition to her career, Hobson also works with a myriad of civic, corporate, and professional institutions including the Chicago Public Library, The Field Museum, The Chicago Public Education Fund, and The Sundance Institute. She serves as the director of DreamWorks Animation SKG, Inc., The Estee Lauder Companies Inc. and Starbucks Corporation.
The following video is one of the “America’s Money” segments Hobson appears in for Good Morning America. In it, she discusses how discount clubs can help save consumers money when it comes to healthcare. The fact that the average out of pocket medical costs are upwards of $10,000 per family means that savings can have a significant impact on helping a family’s budget.