Kendra Scott is an American fashion designer who was born on March 27, 1974. She served as Kendra Scott, LLC’s executive chairwoman, chief designer, and former CEO. She received the Ernst & Young National Entrepreneur of the Year award in 2017.
Early Years
In Kenosha, Wisconsin, on March 27, 1974, Kendra Scott was born. When she was 16 years old, she and her family relocated to Houston, Texas. She graduated from Klein High School with a diploma in terms of her education.
After that, she spent a year studying at Texas A&M University. She left the university and moved to Austin, where she took care of her ailing stepfather. She had begun crafting her own jewellery while residing in Texas.
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Kendra Scott’s Net Worth
| Full Name | Kendra Scott |
| Birth Date | March 27, 1974 |
| Birth Place | Kenosha, Wisconsin, U. S. |
| Profession | Fashion Designer |
| Ex-husbands | John Scott, Matt Davis |
| Net Worth | $800 million |
Kendra Scott is an American entrepreneur and fashion and accessory designer with a $800 million net worth. In March 1974, Kendra Scott was born in Kenosha, Wisconsin.
She started Kendra Scott, LLC in 2002, and currently holds the positions of chairman, chief designer, and CEO. Her first retail business launched in Austin, Texas, in 2010, and her creations were showcased in Oscar de la Renta’s Spring 2006 Runway Show.
Her brand currently sells exquisite jewellery, couture, and accessories for the house, and it is worth more than $1 billion. Her products are available at stores including Nordstrom, Bloomingdale’s, Neiman Marcus, and others.
She has over 75 brick-and-mortar stores and an online store. She is also a philanthropist who established the Kendra Cares Program and donated $3.5 million in 2016. The Council of Fashion Designers of America counts Scott among its members. She wed Matt Davis in 2014, and the couple has three kids.
Personal Life of Kendra Scott
Kendra Scott had two previous marriages. On June 24, 2000, she got married for the first time to John Scott. She had two kids from her first union.
On August 22, 2006, she filed for divorce from her first husband. She later wed Austin resident Matt Davis on June 6, 2014. The couple divorced in September 2020 after having a single child together.
Scott has participated in a variety of charitable endeavours, primarily promoting women’s and children’s causes. In 2015, she established the Kendra Cares Program, which provided children’s hospitals with bespoke Color Bar jewellery experiences.
In addition, Scott donated approximately 75,000 pieces of jewellery along with some cash to support regional initiatives. She gave The University of Texas a $1 million grant in 2019 to start the Kendra Scott Women’s Entrepreneurial Leadership Institute.
How Did Kendra Scott Build Her Wealth?
Kendra Scott’s ownership of the majority of her own business, Kendra Scott LLC, accounts for the majority of her wealth. She owns the majority of the corporation, as was already mentioned.
Additionally, the private equity firm Berkshire Partners invested in the company in 2016 at a valuation of more than $1 billion, according to a 2021 Forbes profile on Scott.
Recognition
Scott received the Breakthrough Award from the Accessories Council Excellence Awards as well as the EY Entrepreneur of the Year 2017 National Award.
She has received numerous awards, including Outstanding Mother of the Year from the Mother’s Day Council, Texas Businesswoman of the Year from the Women’s Chamber of Commerce, Top 100 Entrepreneurs of the Year from Upstart Business Journal, and 2017 CEO of the Year from the Austin Business Journal.
She is ranked as number forty on Forbes’ 2019 list of America’s Richest Self-Made Women.
She belongs to the Council of American Fashion Designers. 2019 saw her admitted into the Texas Business Hall of Fame, making her the state’s 12th female inductee.
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Scott was added to the Strike Force to Open Texas in April 2020 by Governor Greg Abbott, a committee “tasked with finding safe and effective means to gently reopen the state” in the face of the COVID-19 epidemic.
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