Mellody Hobson, 54, grew up in a single-parent, low-income household. Her mother's money habits made her financially anxious at a young age. "There was just a shortage at all times. We would get ...

Today, Hobson serves as the co-CEO and president of Ariel Investments, overseeing a firm that manages more than $16.8 billion in assets. Under her leadership, Ariel has not only grown its ...

WASHINGTON, DC - DECEMBER 08: Mellody Hobson and George Lucas attend the 2024 Kennedy Center Honors at The Kennedy Center on December 08, 2024 in Washington, DC. (Photo by Taylor Hill/FilmMagic ...

Chicago business owner Mellody Hobson will step down from her position as lead independent director of Starbucks’ board of directors, the coffee giant said in a statement on its website.

Ariel Investments celebrated its 40th anniversary last year with a transformation, says Mellody Hobson, 54, co-chief executive and president of the first Black-owned mutual fund firm in the U.S ...

Rogers Jr. in 1983, when he was just 24 years old. He's now co-CEO along with Mellody Hobson, who joined the company right after graduating college in 1991. Headquartered in Chicago, with offices ...

In 2021, Hobson launched Ariel Alternatives, LLC, leading to a $1.45 billion raise for its private equity fund, Project Black. This initiative aims to support both non-minority-owned middle-market ...