Martha Stewart age, net worth, height, wiki, family, biography and latest updates.
Martha Helen Stewart is a businesswoman and television personality from the United States with an estimated net worth of $800 million. She has had enormous success in multiple business ventures as the founder of Martha Stewart Living Omnimedia.
Martha Stewart: Profile summary
|Birth Name||Martha Helen Stewart|
|Known as||Martha Stewart|
|Profession(s)||American retail businesswoman, writer, television personality, former model, and convicted felon|
|Birthplace||Jersey City, New Jersey, United States|
|Age as in 2022||81 years old|
|Heights in Feet||5 feet and 8 inches|
|Heights in cm||175 cm|
|Weight(s) in pound||143 pounds|
|Dates with||To be Updated|
|Spouse||Andrew Stewart(m. 19611990)|
|Children||Yes (Alexis Stewart)|
|Net Worths||$800 million|
Martha Stewart: Biography
Martha Stewart’s birthday is on August 3, 1941. She is 81 years old now. She was born in the United States, in the city of Jersey City, New Jersey.
Martha Stewart: Height And Weight
Martha Stewart stands almost 1.75 meters tall. This individual weighs 65 kg. We put the current value because the weight changes frequently.
Martha Stewart: Career
Stewart decided to focus her energy on gourmet cooking after restoring the 19th-century farmhouse she had purchased, having trained herself by reading Julia Child’s Mastering the Art of French Cooking. In the late 1970s, she started a catering business and quickly became known for her gourmet menus and unique, creative presentation. Martha Stewart, Inc. had grown into a $1 million business serving corporate and celebrity clients within a decade.
Stewart entered the publishing world with her first book, Entertaining, which became a best-seller and was quickly followed by titles such as Martha Stewart’s Quick Cook Menus, Martha Stewart’s Hors d’Oeuvres, Martha Stewart’s Christmas, and Martha Stewart’s Wedding Planner. Her newfound celebrity impacted her personal life, as her marriage to Andy ended in divorce in 1990, following a three-year separation.
With the publication of her magazine, Martha Stewart Living, in 1991, Martha Stewart, Inc. became Martha Stewart Living Omnimedia, Inc. Stewart’s lifestyle empire quickly expanded to include two magazines, a check-out-size recipe book, a popular cable television show, a syndicated newspaper column, a series of how-to books, a radio show, an Internet site, and $763 million in annual retail sales.
On October 19, 1999, America’s most famous housewife returned to Wall Street to oversee her company’s IPO on the New York Stock Exchange. By the end of the day, the value of each of Martha Stewart Living Omnimedia, Inc.’s 72 million shares had increased by more than 95 percent, raising nearly $130 million. Stewart owns 96 percent of her company’s voting stock and is worth $1.2 billion.
Stewart made financial headlines again in June 2002, this time for rumours of insider trading. Stewart was being investigated for selling hundreds of shares of ImClone Systems just before the FDA refused to approve the company’s new cancer drug. Following the FDA’s announcement, the stock’s value plummeted dramatically. Stewart resigned from the New York Stock Exchange’s board of directors in October, just four months after joining, due to the investigation.
Stewart was charged with securities fraud, obstruction of justice, conspiracy, and making false statements to prosecutors and the FBI in a 41-page indictment issued in June 2003. She pleaded not guilty to all charges and resigned as chair and CEO of her Omnimedia empire. A judge dismissed the securities fraud charge in February 2004, but a jury found her guilty of conspiracy, obstruction of justice, and two counts of making false statements. That July, Stewart was sentenced to five months in prison and fined $30,000. In October 2004, she began serving her sentence at a minimum-security prison in Alderson, West Virginia.
Stewart was released from prison on March 4, 2005, just days after NBC announced she would host two new shows: a daytime talk and how-to show and a spin-off of Mark Burnett and Donald Trump’s reality show The Apprentice. Stewart completed her sentence by serving five months of house arrest at her Bedford, New York, home.
While Stewart’s version of The Apprentice was a flop, her self-titled syndicated daytime show has been on the air since 2005. Martha Stewart Living Omnimedia, the company she founded, expanded in new directions. Several non-Stewart publications were added, including Everyday Food and Body + Soul. Stewart remains a television fixture, serving as a judge on Chopped, Bake away Camp, and other shows.
Stewart’s syndicated show was moved to the Hallmark Channel in 2010, but it failed to attract a large enough audience to sustain the costly-to-produce show. Due to low ratings, Hallmark cancelled the show in 2012. Stewart debuted a new PBS series called Martha Stewart’s Cooking School that fall.
Stewart found herself back in a courtroom in 2013. Her company was involved in a contract dispute with Macy’s department store. Stewart and J.C. Penney sued Macy’s over Stewart’s plan to open Martha Stewart brand boutiques inside Penney’s stores. The matter was eventually resolved.
Martha Stewart: Husband, Marriage
She married Andrew Stewart in 1961 and had a daughter named Alexis. The couple divorced three years later after splitting up in 1987. She had relationships with actor Anthony Hopkins and billionaire Charles Simonyi.
Martha Stewart: Net Worth
Martha Stewart has an estimated net worth of $800 million. She earned all this money through her entertainment career. She has been living a very lavish lifestyle for a long time.