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2 Jewelers Land on List of ‘Richest Self-Made Women’ Once Again

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Both slipped a few notches from last year.

With a net worth of $1 billion, Carolyn Rafaelian of Alex and Ani has landed at No. 21 on Forbes’ latest list of America’s Richest Self-Made Women.

Kendra Scott of Kendra Scott Design Inc., meanwhile, is No. 40. Her net worth is listed at $500 million.

Forbes describes Rafaelian, 51, as “America’s richest jeweler”

In addition to her majority stake in Cranston, RI-based Alex and Ani, Rafaelian “has bought up more than 30 properties, most of which are in her native Rhode Island including a castle and vineyard,” according to Forbes.

Last year her $1 billion net worth put her at No. 18 on the list.

Scott, 44, owns a maority share of the company she founded in 2002. It’s now a 79-store chain, and the brand “has expanded into home decor, making candles, boxes and trays,” Forbes notes.

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Last year, her $500 million net worth landed her at No. 36 on the list.

Forbes’ list includes 60 women. Their combined net worth is $71 billion.

Read more at Forbes

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When Tom Moses decided to close one of the two Moses Jewelers stores in western Pennsylvania, it was time to call in the experts. After reviewing two candidates, Moses, a co-owner of the 72 year-old business, decided to go with Wilkerson. The sale went better than expected. Concerned about running it during the pandemic, Moses says it might have helped the sale. “People wanted to get out, so there was pent-up demand,” he says. “Folks were not traveling so there was disposable income, and we don’t recall a single client commenting to us, feeling uncomfortable. It was busy in here!” And perhaps most importantly, Wilkerson was easy to deal with, he says, and Susan, their personal Wilkerson consultant, was knowledgeable, organized and “really good.” Now, the company can focus on their remaining location — without the hassle of carrying over merchandise that either wouldn’t fit or hadn’t sold. “The decision to hire Wilkerson was a good one,” says Moses.

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