Martha
Stewart
" I
do what I please, and I do it with ease," was Martha Stewart' s declaration
in her high school yearbook. And she' s still living out that maxim, having come
a long way since those days. The sexagenarian lifestyle empress could be considered
the American Dream personified, journeying from modest beginnings in New Jersey
to her current fortune of $650 million, and position of 381 on the US rich list
according to business publication Forbes. " I am a brand,"
she says breezily. For Martha, everything is "effortless" .
Born on
August 3, 1941, in the working-class neighbourhood of Nutley, New Jersey, Martha
Kostyra was the second of six children born to Polish-Catholic immigrants. Her
parents instilled a strong sense of discipline in her from an early age and taught
her the skills of gardening, sewing, decorating and cooking "something she
still refers to these days. "Parents are cheating their kids by not teaching
them this stuff," she said in a 1991 interview. " It' s so important."
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Her superhuman
work ethic was evident from an early age. At ten she was organising children'
s parties among her friends, and three years later she started to model which
continued well into her early twenties and through her years at Barnard College
in NYC. It was there that she bagged her husband, Yale law student Andy Stewart.
The two married in 1961 and had a daughter, Alexis, or Lexi, a few years
later. Once Lexi started school, Martha embarked on yet another career, in stockbroking.
She worked for a Wall Street firm until 1973, before changing direction once more
and branching out into catering. She was to find that her eight years in the financial
sector had given her the serious business savvy which would help her when it came
to building her empire, Martha Stewart Omnimedia.
While she was cooking
up a storm for other people, Martha began to diversify yet again. She became an
occasional contributor to the New York Times , a columnist for a lifestyle
magazine while also styling food features and of course, embarking on her prolific
career as an author. It was small wonder, then, that the K-Mart chain snapped
her up as their TV spokeswoman. With her easy demeanour and glowing all-American
looks, the TV camera took to her immediately.
Understandably, Martha
started to want her own slice of the pie, and in 1990, she launched the first
of what would become a whole set of lifestyle products bearing her name. Her magazine
Martha Stewart Living has now achieved a circulation of 1.3 million and
it' s syndicated TV spin-off now attracts five million viewers every week. She
still has a newspaper column and manages projects ranging from lifestyle videos
to a range of paint colours and houseware, all of which are sold through her catalogue,
Martha By Mail.
But while her brand was becoming a fast mover,
its success was telling on Martha' s private life. In 1987, husband Andy moved
out of the house they shared in Westport, Connecticut. They divorced three years
later, and he no longer has contact with Lexi. Martha says little about this blip
in her otherwise " perfect" life. "The life that I had is
over. And what has taken its place is better," was all she would say on the
matter.
In 1999, Martha Stewart Omnimedia was floated on the stock exchange.
Her wealth, on paper, was estimated at a billion dollars, but has since dropped
to about a third of that. But she' s happy, with her Stairmaster in the kitchen
and her Jaguar in the garage. Well, almost. " There' s not enough time
in the day," complains the woman who says she needs no more than four hours"
sleep a night.