The first American self-made female billionaire ever, Martha Stewart’s net worth is a whopping $400 million as of September 2024.
Martha is an American businesswoman, TV personality, and writer who gained prominence through a number of business pursuits.
Yeah, $400 million is a lot of money, but it’s no billion dollars it’s because, after the dot-com bubble burst, Martha’s company’s market cap dropped by more than 50%, plunging her wealth.
Do you have what it takes to be as successful as Martha?
Martha Stewart (Source: POPSUGAR)
Well, you need to let go of your sleep.
That’s right, Martha is a woman with a strong work ethic and only sleeps 4 hours a night which is obviously one of many disciplines she follows.
You may be an insomniac and still be going nowhere in your life, so make sure you manifest your daily routine for something productive.
Let’s check out Martha’s lifestyle and business ventures, which have made her an astounding money.
Martha Stewart | Quick Facts
Martha Stewart’s net worth as of September 2024 is a whopping $400 million. Here are some quick facts on businesswomen that can help you get acquainted.
Birth Name
Martha Helen Kostyra
Known As
Martha Stewart
Nickname
Martha
Birth Date
August 3, 1941
Age
83 Years Old
Birth Place
Jersey City, New Jersey, United States
Current Residence
Katonah, New York, United States
East Hampton, New York, United States
Mount Desert Island, Seal Harbor, Maine, United States
Nationality
American
Ethnicity
Polish Decent
Religion
Catholicism
Gender
Female
Sexuality
Straight
Zodiac Sign
Leo
Father’s Name
Edward Kostyra
Mother’s Name
Martha Ruszkowski
Siblings
Five Siblings
Great Grandfather
Franciszek “Frank” Kostyra
Marital Status
Divorced
Spouse
Andrew Stewart (m. 1961-1990)
Ex-Partners
Carl Bernstein, Sir Anthony Hopkins (1990-1991), Charles Simonyi (1993-2008)
Children
Alexis Stewart
Weight
65 kg/143.5 lbs.
Height
5 ft. 9½ in/176.5 cm
Body Measurement
37-27-36 inches
Dress Size
8 (US)/12 (UK)
Shoe Size
10 (US)/ 43-44 (EU)/9.5 (UK)
Built
Average
Hair Color
Blonde
Eye Color
Hazel
Distinctive Features
Long Rounded Chin, Neck Length Haircut
Education
Nutley High School, Barnard College of Columbia University
Profession
Businesswoman, Writer, Television Personality, Former Model
Manager
Martha Stewart Living Omnimedia Inc.
First Film
Big Trouble (2002)
First TV Show
The Morning Program (1987)
Endorsements
K-Mart, Macy’s, T-Mobile, Jack in the Box, American Express Credit Card
Martha Stewart | Net Worth & Felony Charges & Detention
One of the most successful and richest female entrepreneurs in the world, Martha Stewart’s net worth as of September 2024 is a whopping $400 million.
She has amassed an astounding fortune through her business empire, which includes TV, magazines, and home products.
Her company Martha Stewart Living Omnimedia, went public in 1999 with an explosive IPO.
Around this time, Martha was enjoying her heydays, and the day Martha Stewart Living Omnimedia was registered at New York Stock Exchange (NYSE), she became the first American self-made female billionaire in history.
The stock opened at $18 per share, and by the end of trading, the share price had upped to $38, which made Martha an instant billionaire even though it was just on paper.
Her paper net worth at the time was a staggering $1 billion.
Nonetheless, the stock price had plunged to $16 by February 2002.
She had to give up her billionaire status as the dot-com bubble burst, and everything collapsed, resulting in her company’s market cap to drop by more than 50%.
Later in December 2015, Martha Stewart Living Omnimedia (MSLO) merged with Sequential Brands Group.
Martha still held the majority shareholder position.
In 2019, Sequential sold its Martha Stewart assets for $175 million to Marquee Brands.
Felony Charges & Detention
In 2001, Martha reportedly sold her 3,928 shares of ImClone Systems after receiving a tip from her broker at Merrill Lynch just to avoid a loss of $45,670.
She was traveling in her private jet while her broker tipped her off, and Martha concluded the trade before landing.
Even though she dodged the loss, in 2003, she was accused by US Government on nine counts, including obstruction of justice and securities fraud.
With this, she had to give her CEO and Chair position at MSLO.
After a highly publicized six-week trial, Martha was found guilty and was sentenced to a five-month term in a federal correctional facility in July 2004.
She served five months in prison, had a two-year period of supervised release, and paid $30,000 in fine.
Martha Stewart After Court Hearing (Source: CNBC)
While in detention, the stock of the company doubled and restored Martha’s billionaire status but temporarily.
The prices again plummeted by 47%, chopping off her net worth back to $500 million.
In 2006, U.S. Securities and Exchange Commission announced that it had agreed to settle the case against Martha.
Martha agreed to give up $58,062, including interest from the losses she avoided, plus $137,018 as a civil penalty under the settlement.
In addition to these, she agreed to ban from serving as CEO, director, and CFO of any public company for five years.
Net Worth of Martha Stewart in Different Currencies
Martha Stewart’s net worth as of September 2024 is $400 million. The following data shows how it looks in other currencies.
Currency
Net Worth
Euro
€ 393.68 Million
Pound Sterling
£ 333.12 Million
Australian Dollar
A$ 584.79 Million
Canadian Dollar
C$ 519.39 Million
Indian Rupee
₹ 31,646,980,000
BitCoin
฿ 19,151.29
Martha Stewart | Houses & Cars
Houses
Businesswomen Martha Stewart has properties all across the country and is likely worth a little north of $100 million.
Martha purchased a 67-acre estate in Seal Harbor in 1997, which includes a 12-bedroom house. She acquired the property next door for $5.8 million in 2015.
Similarly, she owns a 152-acre estate in the town of Katonah, New York, that she calls Cantitoe Corners.
Martha’s “Cantitoe Corners” (Source: My Luscious Life)
Martha owned a one-acre oceanfront property in Easthampton, New York, which she purchased in 1991 after splitting with Andrew Stewart.
She sold it in 2021 for $16.5 million.
Likewise, Martha owns multiple units in a building on Perry Street in New York City’s West Village.
She does not live in any of these units, but her daughter is still an occupant.
In addition to all these, Stewart has a condo on fifth avenue, New York City.
Cars
Martha Stewart is an automobile aficionado, and the notion goes beyond being an ambassador for Mercedes-Benz.
She drives some of the coolest cars ever produced.
Her collection includes an Aston Martin DB5 worth $203,000, Mercedes-Benz GLS450, Ford Fairlane Wagon, 1964 Lincoln Continental, and a matte black Ferrari.
The classy lady Martha Stewart leads a lavish lifestyle.
She is always dressed great, always carries the same charm, and has a captivating personality which makes her a rare breed in showbiz.
Plus, she looks too gorgeous for an eighty-year-old.
Even though her travels has been limited because of her age, she still takes care of her business like a boss.
Martha is class in herself and whatever she dons makes a statement.
Some of her go-to designers include Hermes, Jil Sander, Ralph Lauren, and Ralph Rucci.
Martha Stewart Looks Great on a Black Outfit (Source: POPSUGAR)
She does not wear fur since her daughter opened her eyes about the issue.
Moreover, Martha is an animal lover, and her pets include French Bulldogs, Fell Pony named Ben Chunch, Chow Chow dogs, Himalayan cats, and Friesian horses.
Furthermore, she was inducted into the New Jersey Hall of Fame in 2018 and Licensing International Hall of Fame in 2020.
As for her physical health, Martha practices yoga each day for an hour and also works outs three times a week with her personal trainer Mary Tedesco.
She also maintains a healthy eating habit which comprises less meat and more veggies and fruits.
Each morning she intakes a green juice, a combination of fresh ginger, fruit, and leafy vegetables.
Martha is known for her work ethic and sleeps only four hours a night, which is one of the few reasons for her success.
As of September 2024, Martha Stewart’s net worth is a staggering $400 million.
Martha Stewart | Post-Conviction & Current Projects & Books
In March 2005, Martha was released from prison.
She launched a highly publicized comeback and again got involved in a magazine and former TV program, Martha Stewart Living.
Similarly, she returned to her daytime TV show, The Martha Stewart Show, which aired from 2005 to 2010.
The show became so successful that it received a whopping six nominations at the 33rd Daytime Emmy Awards in 2006.
The Martha Stewart Show (Source: IMDb)
The show ran for two years under the name Martha, but this time, it was moved to Hallmark Channel.
Stewart’s company Martha Stewart Everyday began offering a line of products at Kmart and were expanded to include an interior paint line and ready-made furnishing.
Martha Stewart Living Omnimedia partnered with E & J Galo Winery on September 14, 2007, to produce a wine brand with the label Martha Stewart Vintage.
In July 2008, Walmart began selling crafts under the name Martha Stewart Create and Martha Stewart Celebrate.
Moreover, VH1 premiered a new show named Martha & Snoop‘s Potluck Dinner Party in the fall of 2016.
Snoop and Martha also starred in a Super Bowl commercial together in 2017.
Furthermore, a Canadian marijuana company, Canopy Growth, announced Martha’s association with them in 2019.
Some of her other businesses include homewares for Macy’s, a line of carpet tiles launched with FLOR Inc, and a 24-hour satellite radio channel with Sirius.
Books
After taking the business world by storm, Martha Stewart also dabbled in the world of words.
She has penned and published a few books, including the 2005 Martha Stewart Baking Handbook and 2006 Martha Stewart’s Homekeeping Handbook.
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