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