Martha Stewart Net Worth
Martha Stewart net worth: Martha Stewart is an American entrepreneur and television personality who has a net worth of $300 million. Martha Stewart was born Martha Helen Kostyra on August 3, 1941 in Jersey City, New Jersey where she learned to cook and sew from her mother and can and preserve from her grandparents. Martha Stewart earned her net worth from a business conglomerate, which includes TV, magazines and products for the home. Martha also hosts a satellite radio show. Martha has written several cookbooks, books and instructional manuals for the home decorator. Martha's first book was published in 1983. She is the founder and former CEO of Martha Stewart Living Omnimedia. After the first day of being a public company, Martha Stewart's stake was worth more than $1 billion. Today the value of Martha Stewart Living Omnimedia has decreased significantly.
She began modeling at 15 and continued while in college at Barnard College to supplement her scholarship money. She met Andrew Stewart while she was in college and he was at Yale Law School. They married in 1961. Andrew and Martha Stewart moved to Westport, Connecticut where they purchased and restored an1805 farmhouse. During the project, Stewart's talent for restoring and decorating became apparent. In 1976, Stewart started a catering business in her basement with a friend from her modeling days, Norma Collier. The venture quickly became successful. Her first cookbook, "Entertaining", was released in 1983. She has released a number of books and hosted a number of television shows over the years. Stewart is the founder and former CEO of Martha Stewart Living Omnimedia. After the first day of being a public company, Martha Stewart's stake was worth more than $1 billion. In 2001, according to the SEC, Stewart avoided a loss of $45,673 by selling all 3,928 shares of her ImClone Systems stock after receiving insider information. Martha Stewart served five months in prison in 2004 and had a two-year period of supervised release. Following her release from prison in March 2005, Stewart launched a highly publicized comeback, and was soon successful again.