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Martha Stewart biography

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Martha Stewart is an American business magnate and media personality. She publishes the Martha Stewart Living magazine and is hosts her own talk show "Martha."


Synopsis

Martha Stewart is an American business magnate, media personality, and magazine publisher. Her ventures focus on elegant "homemaking," which fills the pages of her Martha Stewart Living magazine. In 2004, she was convicted of lying to investigators about a stock sale, for which she served five months in prison. Despite her jail time, her company returning to profitability the following year.

Lifestyle Guru

Lifestyle guru and businesswoman Martha Stewart was born Martha Kostyra, on August 3, 1941, in New Jersey. The second of six children, Stewart grew up in Nutley, New Jersey, a working-class community near New York City. She worked as a model from the age of 13, appearing in fashion shows as well as television and print advertisements. She attended Barnard College in Manhattan, where she earned a degree in European and architectural history in 1962. While at Barnard, she met Andy Stewart, a Yale law student, and the two married in 1961. Six years later, after the birth of their daughter, Alexis, Stewart went to work as a stockbroker for the boutique firm of Monness, Williams, and Sidel. She worked on Wall Street until 1972, when the family moved to Westport, Connecticut.

After the Stewarts restored the 19th century farmhouse they had bought, Martha decided to focus her energy on gourmet cooking, having trained herself from Julia Child's Mastering the Art of French Cooking. She started a catering business in the late 1970s, and soon became known for her gourmet menus and unique, creative presentation. Within a decade, Martha Stewart, Inc., had grown into a $1 million business serving a number of corporate and celebrity clients. Stewart expanded into the world of publishing with her first book, Entertaining, which became a bestseller and was followed in quick succession by such publications 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 fame took its toll on her personal life, as her marriage to Andy Stewart ended in divorce in 1990, after a bitter three-year separation.

In 1991, Martha Stewart, Inc., became Martha Stewart Living Omnimedia, Inc., with the release of her magazine, Martha Stewart Living. Stewart's lifestyle empire soon grew to include two magazines, a checkout-size recipe publication, 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 homemaker returned to Wall Street to see her company through its initial public offering on the New York Stock Exchange. At the end of the day, the price of each
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