Headlines 2 Jewelers Land on List of ‘America’s Richest Self-Made Women’ Published 4 years ago on May 17, 2017 By INSTORE Staff Share Tweet One of them is ‘America’s only jewelry billionaire.’ Carolyn Rafaelian of Alex and Ani and Kendra Scott of Kendra Scott Design Inc. have landed on Forbes’ list of America’s Richest Self-Made Woman. Rafaelian, 50, is No. 18 with a net worth of $1 billion. She’s “America’s only jewelry billionaire,” according to Forbes. Cranston, RI-based Alex and Ani has annual revenue of more than $500 million, the magazine reports. Rafaelian owns 80 percent of the firm, which is worth $1.2 billion or more. Scott, 43, is No. 36 on the list with a net worth of $500 million. She’s a newcomer to the list of the country’s richest self-made women, which is in its third year. Scott’s company late last year entered into a partnership agreement with Berkshire Partners, a Boston-based investment firm. Reuters reported that the deal “values the Austin, Texas-based jewelry company at more than $1 billion.” Advertisement Scott founded the company with $500 from a spare bedroom in her home in 2002. It has grown into a jewelry, home and beauty brand with 60 stores throughout the U.S. and significant wholesale and e-commerce operations. Forbes’ list includes 60 women. Their combined net worth is $61.5 billion. Read more at Forbes Related Topics: Kendra Scott click to Comment(Comment) Up Next Diamond Earrings Sell for Record-Setting $57M Don't Miss Quality Gold Completes Another Acquisition Continue Reading Advertisement SPONSORED VIDEO Wilkerson Testimonials Retirement Made Easy with Wilkerson The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.” You may like Kendra Scott Steps Down as CEO of Jewelry Company She Founded 51% of Surveyed Jewelers Report Growth in August Oracle Cloud the Right Accessory to Support Kendra Scott’s Growth Promoted Headlines Digital Warrior: A Conversation with GemFind’s Alex Fetanat GemFind A Sales Meeting Platform for The 21st Century The Plumb Club With Average Retails of $250, This Is One Brand You Won’t Want to Miss! Chic Pistachio Advertisement Latest Trending Videos Press Releases22 hours ago GJEPC Signs MoU with eBay Press Releases22 hours ago Joseph Varjabedian Passed Away Due to COVID-19 Headlines1 day ago Signet to Raise Its Minimum Wage to $15/Hour Fun4 days ago 54 Funny Memes That Will Make You Say ‘Yup, That’s Life in Retail!’ Headlines1 week ago Paris Hilton’s Engagement Ring May Be Worth $1M+ Headlines1 week ago $5.2M in Fake Cartier Jewelry Seized in Kentucky Sponsored Content3 days ago Digital Warrior: A Conversation with GemFind’s Alex Fetanat Jimmy Degroot1 week ago Video: Sharpen Your Bridal Jewelry Presentations Sponsored Content1 week ago With Average Retails of $250, This Is One Brand You Won’t Want to Miss! Advertisement SubscribeBULLETINS INSTORE helps you become a better jeweler with the biggest daily news headlines and useful tips. (Mailed 5x per week.) Latest Comments Most Popular Fun4 days ago 54 Funny Memes That Will Make You Say ‘Yup, That’s Life in Retail!’ Headlines1 week ago Paris Hilton’s Engagement Ring May Be Worth $1M+ Headlines1 week ago $5.2M in Fake Cartier Jewelry Seized in Kentucky Benchmarks1 week ago These Jewelry Retailers Grab Shoppers’ Interest with Inventive Displays Headlines2 days ago Bergio Acquires Online Jewelry Retailer Aphrodite’s Hot Sellers1 week ago These Were the Top-Selling Jewelry Brands and Categories in January, According To Our Brain Squad Columns3 days ago 3 Tips to Becoming the Most Resilient Jewelry Store Owner You Know Sponsored Content1 week ago With Average Retails of $250, This Is One Brand You Won’t Want to Miss!