Business and Finance
Mellody Hobson covers all things money in her debut children’s book
Mellody Hobson, pioneering president and co-manager of Ariel Investment Trust, will launch her debut children’s book, Priceless Facts About Money, this fall.
This literary endeavor showcases Hobson’s expertise in financial literacy, delving into topics regarding barter, profit and loss, the origins of credit, ATMs, and global monetary systems. By Penguin Random House, Hobson enters the sphere of monetary education excited to equip young readers with invaluable tools to navigate the world of money, each now and in the long run. The book features vivid illustrations by debut artist Caitlin Stevens and humorous skits and inserts featuring Hobson and her business partner, John Rogers.
‘Priceless Facts About Money’ covers a big selection of topics, including a transient history of money, advantages, international finance and price comparisons from then to now. He also discusses the assorted nicknames given to money, akin to “bacon”, “cheddar”, and “smackeronies”.
Actress and entrepreneur Kerry Washington praised the book, stating, “I wish I could have read this book when I was 10, but I’m so grateful that my kids will have it now!”
Hobson’s passion for financial literacy stems from her childhood, when she liked to play store and office for fun, which sparked her interest in money management. Her mother further nurtured this curiosity by involving her in household funds and teaching her concerning the “cost of living” through monthly utility bills.
Finance expert, awarded the distinguished Barbara Graves Award on the festival BLACK ENTERPRISESon the Women of Power summit in March, she broke barriers as a pioneering figure in finance. Last 12 months, its Ariel Alternatives raised $1.45 billion for Project Black LP, in accordance with records TO BE.
noted that Hobson and her husband, “Star Wars” creator George Lucas, donated thousands and thousands to charity through the Hobson Lucas Family Foundation, including the USC School of Cinematic Arts. Her extraordinary profession includes serving as Chair of the Board of Directors of Starbucks Corporation and serving on the boards of institutions akin to JPMorgan Chase & Co. and the Sundance Institute. She is the previous president of and . In 2020, Forbes magazine recognized her as one among the Most Powerful Women for her work with Ariel Investments.
“Priceless facts about money” is available for pre-order before its premiere on October 1.