kendra scott net worth
Kendra Scott's net worth is estimated to be $800 million as of 2023. She is an American fashion designer and businesswoman who is best known for her eponymous jewelry brand. Scott founded her company in 2002 with $500 and has since grown it into a global enterprise with over 100 retail stores and $360 million in annual sales. In 2016, Scott sold a minority stake in her company to private equity firm Berkshire Partners at a valuation of over $1 billion.
Scott is a graduate of the University of Texas at Austin and has a degree in business. She started her jewelry business out of her spare bedroom after she couldn't find affordable color gemstone jewelry. Her designs quickly gained popularity and she was able to open her first retail store in Austin in 2010.
Scott's jewelry is known for its use of color gemstones and its affordable price point. Her designs have been worn by celebrities such as Reese Witherspoon, Jennifer Lawrence, and Taylor Swift. Scott is also a philanthropist and has donated millions of dollars to various charities, including the Kendra Scott Foundation, which supports women's empowerment and entrepreneurship.
In addition to her jewelry business, Scott has also launched a line of home accessories, nail lacquer, and beauty products. She is also the author of two books, "Shine Your Light" and "The Gift of Giving."
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