mellody hobson
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Mellody Hobson's Name Will Replace Woodrow Wilson's on Residential Building at Princeton, the First to Be Named for a Black Woman
Philanthropist and co-CEO of Ariel Investments, Mellody Hobson, has gifted her alma mater Princeton University with a major donation to construct a new residential college on the site of one previously named after Woodrow Wilson. This summer, the school’s Board of Trustees voted to remove Wilson’s name from the School of Public and International Affairs…
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Historic Ebony Photos Set to Be Auctioned Off for at Least $13,000,000
Photos from the Ebony magazine archives detailing some 70 years of African American life and history, including images of Emmett Till, Muhammad Ali, Malcolm X, Coretta Scott King and so many more, are scheduled to be auctioned off next month in Chicago. The collection, up for sale to pay off secured creditors, or lien holders,…
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Star Power: Mellody Hobson and George Lucas Vie for Control of Ebony, Jet Photo Archives
Financier Mellody Hobson and her husband, Star Wars movie mogul George Lucas, are taking steps to take control of Ebony and Jet’s massive archive of historic photos, chronicling African-American life over the last seven decades. The archive is uninsured and at risk, as it was used as collateral to secure a $12 million loan to…
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Mellody Hobson Will Become Starbucks’ No. 2 When Howard Schultz Steps Down
Well, looks like Starbucks is doing quite a bit more than Race Relations 101 for its employees after that Philadelphia debacle in April; the chain is actually placing a black woman in its leadership ranks. Mellody Hobson, currently president of Ariel Investments, which manages over $13 billion in assets, will become vice chair at Starbucks…