Early Life
Margaretta Taylor, born in Atlanta, Georgia, in 1942, is the daughter of Anne Cox Chambers and the granddaughter of James M. Cox, the founder of Cox Enterprises. Her upbringing was shaped by her family's values of hard work, integrity, and responsibility, which were instilled by her mother, a businesswoman, diplomat, and philanthropist.
Rise to Success
Margaretta Taylor's wealth comes from her inheritance of a significant stake in Cox Enterprises. In 2015, her mother, Anne Cox Chambers, distributed her 49% share in Cox Enterprises equally among her three children. This inheritance solidified her role as a key stakeholder in the media and automotive conglomerate. Although she does not have an active role in the day-to-day operations, her position in Cox Enterprises has placed her among the ranks of America's wealthiest individuals.
Key Business Strategies
While Margaretta Taylor has not been directly involved in the management of Cox Enterprises, the company's growth reflects the entrepreneurial spirit and innovative foresight of her grandfather, James M. Cox. Under the leadership of her son, Alexander C. Taylor, Cox Enterprises has embraced sustainable practices and technological innovation. Her family's focus on these strategies has contributed to the company's success.
Philanthropy
Margaretta Taylor is known for her philanthropic endeavors, primarily focused on environmental conservation and education. She gives to charities involved with conservation and education.