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

Published

5 years ago

July 12, 2018

INSTORE Staff

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.

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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