April 16th 2024.
Mellody Hobson, the remarkable president and co-CEO of Ariel Investment Trust, has an exciting new project in the works. This fall, she will be releasing her debut children's book, titled "Priceless Facts About Money." As a leading figure in the world of finance, Hobson's expertise in financial literacy shines through in this literary endeavor. Her book covers a wide range of topics, from the basics of bartering to the complexities of global monetary systems. Penguin Random House describes it as a thrilling journey into the world of money, equipping young readers with essential tools for navigating their financial future. The book is brought to life with vibrant illustrations by debut artist Caitlin Stevens and features humorous skits and inserts of Hobson and her business partner, John Rogers.
In addition to covering important topics like allowance, international finances, and the history of money, "Priceless Facts About Money" also explores the fun and quirky side of currency. Readers will learn about the various nicknames that money has, like "bacon," "cheddar," or "smackeroonies." The book has already received high praise from actress and entrepreneur Kerry Washington, who wishes she had access to this valuable resource when she was a child and is excited for her own kids to read it now.
Hobson's passion for financial literacy can be traced back to her childhood. She fondly remembers playing store and office for fun, which sparked her interest in money management. Her mother also played a significant role in nurturing this curiosity by involving her in household finances and teaching her about the "cost of living" through monthly utility bills. This early exposure to finances laid the foundation for Hobson's successful career in the world of finance.
Hobson's achievements in the finance industry have not gone unnoticed. In March, she was honored with the prestigious Barbara Graves Award at BLACK ENTERPRISE's Women of Power Summit. As a trailblazing figure in the field, she has shattered barriers and made a name for herself. Just last year, her company, Ariel Alternatives, raised an impressive $1.45 billion for Project Black LP, according to BLACK ENTERPRISE. Hobson and her husband, "Star Wars" filmmaker George Lucas, are also known for their philanthropy through the Hobson Lucas Family Foundation. They have donated millions to charitable causes, including the USC School of Cinematic Arts. Hobson's impressive resume also includes serving as the chair of the Starbucks Corporation's Board of Directors and holding board positions at prominent institutions like JPMorgan Chase & Co. and the Sundance Institute. She has also contributed her financial expertise to news networks like CBS and ABC's Good Morning America. In 2020, Forbes recognized her as one of the Most Powerful Women for her work with Ariel Investments.
"Priceless Facts About Money" is now available for pre-order, with a release date of October 1. This book is a must-read for young readers looking to develop a better understanding of money and its role in our lives. With Hobson's expertise and passion for financial literacy, this book is sure to be a valuable resource for generations to come.
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