Early Life
Margaretta Taylor was born in Atlanta, Georgia, in 1942. She is the daughter of Anne Cox Chambers, a prominent businesswoman and philanthropist, and the granddaughter of James M. Cox, a well-known newspaper publisher and politician. Her upbringing was shaped by her family's values of hard work, integrity, and a commitment to responsibility.
Rise to Success
Taylor's wealth stems from inheriting a significant stake in Cox Enterprises, a conglomerate with interests in media, automotive, and broadband industries. In 2015, Anne Cox Chambers distributed her 49% share in Cox Enterprises equally among her three children, positioning Margaretta as a key stakeholder. Cox Enterprises, founded in 1898 by James M. Cox, has grown into a diversified conglomerate with subsidiaries like Cox Communications and Cox Automotive.
Key Business Strategies
While details of Margaretta Taylor's direct business strategies are not widely publicized due to her low public profile, her influence is evident through her ownership in Cox Enterprises. The company's expansion into new markets and the development of innovative products and services have contributed to her wealth. The leadership of Cox Enterprises continues within the family, with her son, Alexander C. Taylor, serving as CEO since January 2018.
Philanthropy
Margaretta Taylor is known for her philanthropic efforts, particularly in environmental conservation and education. This reflects her commitment to social responsibility and contributing to causes that align with her values. She has maintained a low public profile, focusing on supporting charitable initiatives.