Martha Helen Stewart The Business Magnate


Martha Helen Stewart was born on August 3, 1941 in New Jersey. She is an American business magnate, television host, author, and magazine publisher. Martha was born to middle class polish American parents. Her mother Martha was a school teacher and her father Edward Kostyra was a pharmaceutical salesman. Martha’s father taught her gardening, her mother taught her how to cook and sew, and she learned the processes of canning and preserving from her grandparents.
Martha Kostyra was a hard working and outstanding student. She was involved in other extracurricular activities as well. She started working as a model to help pay off her bills. She started college with the intension to study chemistry, but switched to arts, Architectural and European history. Martha got married to Andrew Stewart a law student, just after her sophomore year. She continued her partially successful modeling career after she left Barnard. In the meanwhile, Andrew was getting his law degree completed. A year later Martha returned with a double major in Architectural and European history. She continued her modeling career, appearing in magazines and advertisements until she gave birth to her daughter Alexis in 1965.
In 1967, Martha became a stockbroker. But she left the brokerage when recession hit Wall Street. After that she and her husband moved to Connecticut, where she started her catering business. And in ten years it had become a $ 1 million enterprise. In 1982, she published her first book, Martha Stewart’s Entertaining. As her career boomed, her marriage fell apart in 1989. In 1990, Martha started her own magazine, Martha Stewart Living. And soon became a one-woman industry. She even became the advertising consultant with retailer Kmart. In 1997, she started her own new company, Martha Stewart Living Omnimedia (MSLO) and became its Chairman, President and CEO.
In 2001, Ladies Home Journal named her the third most powerful woman in America. In the same year, she joined the Board of Directors of the New York Stock Exchange, but resigned four months later, when she was accused of insider trading. Martha Stewart was brought to trial in the first months of 2004. But the jury found her guilty and she was in prison for five months.
Soon after she was released from prison, she started rebuilding her business. She began a new television show, The Martha Stewart Show. MSLO had returned profitable within a year of her release. Martha created product lines for Home Depot, Sears, Macy’s and Wal-Mart through which she expanded her business. She has shown patience and good humor in face of the criticism. Over the years, Martha Stewart has had more influence on how people in America should eat, entertain and decorate their homes and gardens than any one person in our history.
This article was written by a Virtual Assistant. If you would like to know more about this article or the Personal Assistant who created it please visit our website.