American businesswoman, television personality and writer, Martha Stewart has an estimated net worth of $300 million. She made her fortune through her lucrative business empire, which includes TV, magazines, books and home products.
Born Martha Helen Kostyra in Jersey City, New Jersey on August 3, 1941. She started as a model when she was 15 and proceeded the career onto her college years at Barnard College. She met her husband in college and wedded in 1961. It was when the couple bought and revived their historical farmhouse that Stewart’s talent for home décor was recognized. Her debut catering business with an old friend in her basement in 1976 saw its success immediately. She launched her debut cookbook “Entertaining” in 1983 and went on to unleash more books as well as hosted plenty of television shows over the years. She created and was a previous CEO of Martha Stewart Living Omnimedia which garnered over $1 billion stake just after the first day of operation. Steward prevented a financial fiasco to occur by selling all 3,928 shares of her ImClone Systems stock following the insider information, avoiding a loss of $45,673 in 2001. She was jailed for five months in 2004 and had a two-year period of supervised release. After the release in March 2005, Steward made a highly publicized comeback and quickly gained fame once again.