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.
Advertisement
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
Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson
When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy.
Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision."
The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.
