How education and upbringing influenced the life of Martha Stewart. A timeline of key moments.
Martha Stewart is an American businesswoman, writer, and television personality known for founding Martha Stewart Living Omnimedia. Her success stems from ventures in publishing, broadcasting, merchandising, and e-commerce, all centered on home and hospitality. She authored bestselling books, published Martha Stewart Living magazine, and hosted syndicated television programs like 'Martha Stewart Living' and 'The Martha Stewart Show,' solidifying her brand and influence in lifestyle media.
In 1912, Edward Kostyra, Martha Stewart's father, was born.
In 1914, Martha (née Ruszkowski), Martha Stewart's mother, was born.
On August 3, 1941, Martha Helen Stewart (née Kostyra) was born in New Jersey. She later became a prominent retail businesswoman, writer, and television personality.
In July 1961, Martha Stewart married Andrew Stewart, who had completed his law degree at Yale Law School.
In 1967, Martha Stewart began a second career as a stockbroker, following her father-in-law's profession.
In 1976, Martha Stewart started a catering business in her basement with Norma Collier. The business became successful, but eventually Stewart bought out Collier's portion after disagreements.
In 1977, Andrew Stewart, as president of Harry N. Abrams, Inc., released the English-language edition of 'The Secret Book of Gnomes', which became a bestseller. Martha Stewart's company catered the release party.
In 1979, Edward Kostyra, Martha Stewart's father, passed away.
In 1987, Martha Stewart and Andrew Stewart separated, marking a significant change in their personal relationship.
In 1990, Martha Stewart and Andrew Stewart divorced, finalizing the end of their marriage.
In May 1995, New York Magazine declared Martha Stewart "the definitive American woman of our time" on their cover, acknowledging her influence and impact.
In September 1997, Martha Stewart, with the assistance of Sharon Patrick, secured funding to purchase and consolidate various television, print, and merchandising ventures into a new company named Martha Stewart Living Omnimedia (MSLO).
In 1997, Martha Stewart Living, the television program, expanded from weekly to weekdays.
On October 19, 1999, Martha Stewart Living Omnimedia (MSLO) went public on the New York Stock Exchange with an initial public offering of US$18 per share, which rallied to US$38 by the end of trading. This made Martha Stewart a billionaire on paper.
In 1999, Martha Stewart Living expanded to a full hour show during the week, while half-hour episodes aired on weekends.
On December 27, 2001, Martha Stewart sold all 3,928 shares of her ImClone Systems stock after receiving nonpublic information from her broker, Peter Bacanovic, avoiding a loss of $45,673.
On June 25, 2002, Martha Stewart was questioned on air by CBS anchor Jane Clayson about the ImClone stock trading case during her regular segment on 'The Early Show'.
On October 3, 2002, Martha Stewart resigned from her position on the board of directors of the New York Stock Exchange following a deal between prosecutors and Douglas Faneuil, an assistant to Bacanovic.
In 2002, 'Martha Stewart Living' magazine reached its peak circulation of more than 2 million copies per issue, solidifying its influence in the lifestyle publishing industry.
On June 4, 2003, Martha Stewart was indicted by a grand jury on nine counts, including charges of obstruction of justice, related to the ImClone stock trading case.
In 2003, a television film titled "Martha, Inc.: The Story of Martha Stewart" was released, portraying Martha Stewart's life story. Cybill Shepherd played Martha Stewart in the film.
In January 2004, Martha Stewart's trial began, focusing on charges related to the ImClone stock trading case, with prosecutors presenting evidence against her.
In March 2004, after a six-week jury trial, Martha Stewart was found guilty of felony charges, including conspiracy to obstruct, obstruction of an agency proceeding, and making false statements to federal investigators.
In July 2004, Martha Stewart was sentenced to a five-month term in a federal correctional facility and a two-year period of supervised release, including five months of electronic monitoring, following her conviction on felony charges.
In 2004, Martha Stewart Living television program ended.
In 2004, Martha Stewart's television program 'Martha Stewart Living', which started in 1993, concluded its run.
In 2004, a derivative suit brought by Monica Beam, a shareholder of MSLO, against Martha Stewart and other company directors and officers was ultimately dismissed by the Supreme Court of Delaware.
In 2004, despite Martha Stewart's preference to be incarcerated in Connecticut or Florida, she was confined in the Federal Prison Camp in Alderson, West Virginia, due to concerns about media access and complications from Hurricane Ivan affecting other facilities.
In March 2005, Martha Stewart was released from federal prison after serving five months for felony charges related to the ImClone stock trading case.
In 2005, another television film, "Martha: Behind Bars," was made about Martha Stewart's life. Cybill Shepherd again portrayed Martha Stewart.
In August 2006, the SEC announced a settlement in the civil case against Martha Stewart. Stewart agreed to disgorge $58,062 and pay a civil penalty of $137,019. She was also banned for five years from serving as a director or officer of any public company.
In 2007, Martha Stewart's mother, Martha (née Ruszkowski), passed away.
In June 2008, the UK Border Agency refused to grant Martha Stewart a visa to enter the United Kingdom due to her criminal conviction for obstructing justice. This prevented her from speaking at the Royal Academy.
In 2012, Martha Stewart's syndicated television program 'The Martha Stewart Show' concluded its run.
In 2015, Martha Stewart Living Omnimedia was acquired by Sequential Brands.
In April 2019, Sequential Brands Group agreed to sell Martha Stewart Living Omnimedia, including the Emeril brand, to Marquee Brands for $175 million, with additional benchmarked payments.
In 2019, it was reported that Martha Stewart was entering the cannabis industry with her own brand, expanding her business ventures.
In 2023, at the age of 81, Martha Stewart became the oldest woman to appear on the cover of Sports Illustrated Swimsuit Issue magazine, marking a significant achievement.
In 2024, a Netflix documentary titled 'Martha', directed by R. J. Cutler, was released, focusing on the life and career of Martha Stewart.
In 2024, the documentary film "Martha," directed by R. J. Cutler, about Martha Stewart was released.
In 2024, the equivalent value of US$18 in 1999 would be approximately $34, and US$38 would be approximately $72, according to historical data.
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