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Alex and Ani Founder Is Now the Richest Self-Made Woman in the Jewelry Industry

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Her estimated net worth is $700 million.

After Alex and Ani’s sales reached $500 million in 2015, Forbes ranked the jewelry label’s founder, Carolyn Rafaelian, No. 22 on its annual list of America’s Richest Self-Made Women. The business news outlet says that she is the richest self-made woman in the world to derive her wealth from jewelry, estimating her net worth at $700 million. “Rafaelian’s success can be partly attributed to her mastery of the supply chain. Alex and Ani’s pieces — like its bestselling $28 zodiac-themed charm bangles — are mainly made of recycled materials like scrap metal and vintage or surplus jewelry, keeping costs low and margins high.” Alex and Ani now has 65 freestanding stores.

Read more at Forbes

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She Wanted to Spend More Time with Her Kids. She Called Wilkerson.

Your children are precious. More precious than gold? Absolutely! Just ask Lesley Ann Davis, owner of Lesley Ann Jewels, an independent jewelry store that — until the end of 2023 — had quite a following in Houston, Texas. To spend more time with her four sons, all in high school, she decided to close her store. Luckily, she was familiar with Wilkerson and called them as soon as she knew she wanted to move on to bigger, better and more family-focused things. Was she happy with her decision? Yes, she was. Says Davis, “Any owner looking to make that life change, looking to retire, looking to close, looking for a pause in their career, I would recommend Wilkerson. Hands down!”

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