Page 2 - NBY News September 2018

Martha Stewart ~ First Self-Made Female Billionaire
Martha Stewart ~ First Self-Made Female Billionaire
Martha Stewart ~ First Self-Made Female Billionaire
Martha Stewart ~ First Self-Made Female Billionaire
Martha Stewart ~ First Self-Made Female Billionaire
Martha Stewart, 77, was born in Jersey Bacanovic and Waksal were also result was her first book, Entertaining Bowl LI in February 2017. Marley Spoon is
City, New Jersey, on August 3, 1941. convicted of federal charges and (December 13, 1982), ghostwritten by a new project of packaged and home-
Although, Martha Stewart has been sentenced to prison terms. Stewart also Elizabeth Hawes. delivered ingredients and recipes for
‘famous’ most of her life, she became paid a fine of $30,000. After that, the books kept flowing and preparation at home. In June of 2018,
‘infamous’ when she spent time in prison. In a related civil case, Stewart agreed then the magazine in 1990, Martha Martha started airing as a new recurring
Stock trading case and conviction to disgorge another $58,062 (including Stewart Living, for which Stewart judge for Chopped, a cooking competition
According to the U.S. Securities and interest from the losses she avoided), as would serve as editor-in-chief. The on the Food Network.
Exchange Commission (SEC), Stewart well as a civil penalty of three times the publication has sold more than 2
avoided a loss of $45,673 by selling all loss avoided, or $137,019. She also million copies per issue. Stewart began Stewart was married from 1961 to 1990,
3,928 shares of her ImClone Systems stock agreed to a five-year ban from serving exploring television options, with talk their only child, a daughter named Alexis,
on December 27, 2001, after receiving as a director, CEO, CFO, or any other shows, specials, movies, and more. was born in 1965. The couple separated in
material, nonpublic information from officer role responsible for preparing, She eventually secured funding to 1987 and divorced in 1990. Stewart is an
Peter Bacanovic, who was Stewart’s auditing, or disclosing financial results purchase the various television, print, avid animal lover. Her pets include
broker at Merrill Lynch. The day of any public company. Stewart was and merchandising ventures related to champion show Chow Chow dogs, French
following her sale, the stock value fell incarcerated from September 2003 to the Martha Stewart brand, and Bulldogs, Himalayan cats, and Friesian
16%. March 2005, at the Federal Prison Camp consolidate them into a new company, horses, including her dark horse Rutger.
In the months that followed, Stewart in Alderson, West Virginia and on named Martha Stewart Living Stewart also created a video on behalf of
drew heavy media scrutiny. On October 3, house arrest for about two years. Omnimedia. Stewart served as fur-bearing animals after being approached
2002, Stewart resigned her position, held chairman, president, and CEO of the by PETA while in jail. Stewart stated, “I
for four months, on the board of directors Stewart began, at age 15, as a model new company and Patrick became Chief used to wear real fur, but, like many others,
of the New York Stock Exchange, and went on to being the spokesperson Operations Officer. By organizing all of I had a change of heart when I learned what
following a deal prosecutors had made for home décor and entertaining. She the brand’s assets under one roof, actually happens to the animals”. Stewart
with Douglas Faneuil, an assistant to had a second career as a stockbroker, Stewart felt she could promote synergy filmed a public service announcement on
Bacanovic. and her family founded a publishing and have greater control of the brand’s behalf of the farm animal welfare
On June 4, 2003, Stewart was indicted by house. direction through the business’s organization Farm Sanctuary.
the government on nine counts, including Andrew (husband) and Martha activities. Stewart currently resides in Katonah, a
charges of securities fraud and obstruction Stewart moved to Westport, On October 19, 1999, Martha Stewart hamlet of the town of Bedford, New York.
of justice. Connecticut, where they purchased and Living Omnimedia went public on the She also maintains a 35,000-square-foot
After a highly publicized six-week jury restored the 1805 farmhouse on Turkey New York Stock Exchange under the residence on Mount Desert Island in Seal
trial, Stewart was found guilty in March Hill Road that would later become the ticker symbol MSO. The initial public Harbor, Maine, known as ‘Skylands’, the
2004 of felony charges of conspiracy, model for the TV studio of Martha offering was set at $18 per share, and former summer estate of automobile
obstruction of an agency proceeding, and Stewart Living. Stewart’s panache for rallied to $38 by the end of trading, designer and tycoon Edsel Ford, with
making false statements to federal restoring and decorating became making Stewart a billionaire on paper gardens designed by renowned landscape
investigators, and was sentenced in July apparent. and the first female, self-made architect Jens Jensen (1922).
2004 to serve a five-month term in a She impressed visitors as a chef and billionaire in the US. She continues to Photo credit for cover and above:
federal correctional facility and a two- hostess and was asked to develop a be the majority shareholder, Wiki- Creative Commons
year period of supervised release (to cookbook, featuring recipes and photos commanding 96% control of voting
include five months of electronic from the parties that she hosted. The power in the company. Greetings
monitoring). From
the
ELDER CARE Martha Stewart Living Omnimedia is Editor...
LOCATOR mega marketing powerhouse, dealing
Vol. 58, No. 09 1-800-677-1116 with floor coverings and model homes FALL is beginning to approach... Most of
to wine and signature frozen food line.
Amanda Blake Secola, Editor In the fall of 2016, VH1 premiered a us will welcome the change in weather and
Editorial attitudes.
Speak your Mind ~ Sharour Mind ~ Share ye your Vour Voiceoice
Speak your Mind ~ Sharour Mind ~ Share ye your Vour Voiceoice
Speak y
Speak your Mind ~ Share your Voice
phone 562-691-2509 Speak y new show featuring Martha and her Take some time to reconnect with your
Email: nbynews@juno.com Please submit your comments to us at friend Snoop Dogg called Martha & family and friends now to secure plans for
Display & Classified Advertising NBY! Editorial, PO BOX 722, BREA, CA Snoop’s Potluck Dinner Party, featuring
Special Editions & Sponsorship 92822, or fax to 1-562-691-3261 or email games, recipes, and musical guests. the holiday season.
Circulation & Distribution NBYNEWS@JUNO.COM. We will not This will take the pressure off later, you
David James Secola, Vice President use anything submitted anonymously. Snoop Dogg and Stewart also later will have a plan in place to be with the
starred together in a Super Bowl
Inside This Issue
Inside This Issue
Inside This Issue
Inside This Issue
1-562-691-2509 office Inside This Issue commercial for T-Mobile during Super people you hold dear. Once established,
(email) nbynews@juno.com decide on the present you intend to give.
Page 3 - Senior in Action Not Born Yesterday! Thoughtfully consider what they like.
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Senior Industry Professionals, Inc. Submit your Name, Address, “The ‘Application’ of Knowledge is Power”.
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1980 - 2001 Page 23 - Senior Scam Update Brea, CA 92822 or email us Brea, CA 92822 or
By Amanda & David Secola nbynews@juno.com
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2 September 2018