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Martha Stewart

August 3, 1941
Martha Kostyra is born into a large Polish-American family. One of six siblings growing up in suburban New Jersey, she would credit her father with instilling in her a drive to succeed.

Stewart gives birth to a daughter, Alexis.

Stewart leaves Wall Street. She and her husband buy a farm in Connecticut, refurbish it and call it Turkey Hill Farm, from where she would launch her catering business.

Stewart's husband, Andrew, leaves her and begins divorce proceedings. She signs contract as a consultant and spokeswoman for Kmart.

Her weekly television series, also called "Martha Stewart Living," makes its debut.

Martha Stewart Living extends its contract with Kmart, signing a new seven-year deal. She sells nearly 4,000 shares of ImClone stock on December 27, the day before an FDA decision on one of the company's drugs causes the stock's value to plummet.

Martha Stewart Living loses money in the first quarter. In June, a federal grand jury indicts Stewart and her former stockbroker, Peter Bacanovic, on nine counts, including charges of conspiracy to obstruct justice, making false statements, committing perjury, obstruction of justice and securities fraud related to her December 2001 ImClone sale.

She marries Andrew Stewart, a law student. As a student at Barnard College she is named as one of the year's best-dressed women in college by Glamour magazine.

She passes the broker's exam and is registered with the New York Stock Exchange.

Her first book, "Entertaining," is published.

She makes a deal with Time Warner to launch her magazine, "Martha Stewart Living."

Shares of Martha Stewart Living Omnimedia go public on the New York Stock Exchange.

Kmart files for Chapter 11 bankruptcy in January. Months later, federal authorities begin probing Stewart and ImClone officials' substantial stock sales prior to the FDA's announcement. Former ImClone CEO and Stewart friend Sam Waskal is arrested in June. He pleads guilty to six felony counts in October, as does a former assistant to Stewart's broker.

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