Kendra Scott is a talented American fashion designer. She is the executive chairwoman and former chief executive officer of Kendra Scott, LLC. In 2017, she was named Ernst & Young’s National Entrepreneur of the Year.
In this article, Byboe will delve into the details of her financial success and provide you with insights into Kendra Scott net worth in 2023.
| Information | Details |
| Full Name | Kendra Scott |
| Popular Name | Kendra Scott |
| Gender | Female |
| Birth Date | March 27, 1974 |
| Age | 48 years old (as of 2023) |
| Parents | Not specified |
| Siblings | Not specified |
| Birth Place | Kenosha, Wisconsin, United States |
| Nationality | American |
| Ethnicity | White |
| Education | Attended Texas A&M University for one year |
| Marital Status | Divorced |
| Sexual Orientation | Straight |
| Wife/Spouse | Matt Davis (m. 2014–2020), John Scott (m. 2000-div. 2006) |
| Children | Three children: Cade Scott, Beck Scott, Grey |
| Dating | Single (as of 2023) |
| Net Worth | $550 million (as of 2023) |
| Source of Wealth | Fashion design, jewelry business |
| Height | 5 feet 4 inches or 1.63 m |
| Weight | 55 kg or 121 lbs |
Table of Contents
What is Kendra Scott Net Worth and Salary in 2023?
Kendra Scott net worth is estimated to be around $550 million in 2023, according to Forbes.
This wealth has been amassed through her successful career in the fashion industry, particularly through her eponymous brand, Kendra Scott LLC, which is valued at over $1 billion.
The brand offers a wide range of products, including fashion jewelry, fine jewelry, home accessories, nail lacquer, and beauty products.
In addition to her earnings from her brand, Scott also receives income from her role within the company.
The average Kendra Scott salary ranges from approximately $75,000 per year for a Regional Manager to $122,000 per year for a Software Architect.
Employees at Kendra Scott receive commission on monthly sales, suggesting that Scott herself may also benefit from this arrangement.
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Why is Kendra Scott Famous?
Kendra Scott is famous for being an accomplished jewelry designer and entrepreneur. Her eponymous brand, Kendra Scott, has gained widespread recognition and popularity for its unique and vibrant designs.
Her brand’s success can be attributed to her ability to create stylish and accessible jewelry that appeals to a wide range of customers.
Kendra Scott is celebrated for her philanthropic efforts, as she is deeply committed to giving back to the community through various charitable initiatives.
Her dedication to craftsmanship and social responsibility has earned her respect and influence in the world of fashion and entrepreneurship.
She is considered a respected and influential figure due to these qualities.
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Kendra Scott’s Overview
Early Life
Kendra Scott was born on March 27, 1974 in Kenosha, Wisconsin. Her early life was marked by significant moves and personal challenges that shaped her into the successful entrepreneur she is today.
At the tender age of 16, Scott’s family relocated to Houston, Texas, where she completed her high school education at Klein High School. During this time, she fell in love and followed her heart to Texas A&M University.
At 19, Scott moved to Texas to care for her ailing stepfather.
Career
Scott’s journey to success was not without its challenges. Her designs first gained recognition when they were featured in Randolph Duke’s 2007 runway show.
However, the financial crisis of 2007-2008 nearly forced her to close her company. She was fortunate to receive an order from Nordstrom for some of their stores. This order provided her with the exposure she needed to expand her business.
In 2010, she opened her first retail store on Austin’s South Congress Avenue. She also launched her e-commerce business and introduced the brand’s Color Bar experience.
Despite facing setbacks, such as having to close her second store on Rodeo Drive in Beverly Hills, Scott did not give up.
She persevered and continued to grow her brand. By 2016, she had sold a minority stake in her company to Berkshire Partners at a valuation of $1 billion.
Today, her brand is valued at over $1 billion.
As of the end of 2019, Scott had 102 retail stores, and her merchandise is sold in prestigious outlets like London’s Selfridges, Nordstrom, Neiman Marcus, Von Maur, Bloomingdale’s, and over 1,000 specialty boutiques worldwide.
Throughout her career, Scott has been recognized for her entrepreneurial spirit and design prowess. In 2017, she was named Ernst & Young’s National Entrepreneur of the Year.
She has also been listed as #40 in Forbes’ list of America’s Richest Self-Made Women 2019 and has been inducted into the Texas Business Hall of Fame.
Personal Life
In her personal life, Kendra has been married twice. She first tied the knot with John Scott on June 24, 2000, and they had two children together before their divorce on August 22, 2006.
She then remarried Matt Davis on June 6, 2014, in Sedona, Arizona, and they have one child together.
Despite her immense wealth, Scott is not only known for her business success but also for her philanthropic efforts.
In 2016, she launched the Kendra Cares Program and has since donated millions to various causes.
One notable donation was her contribution of $1 million to the University of Texas for the establishment of the Kendra Scott Women’s Entrepreneurial Leadership Institute in 2019.
Her company’s program has given away $30 million since 2010.
FAQs about Kendra Scott
When was Kendra Scott founded?
Kendra Scott founded her jewelry brand in 2002.
What does Kendra Scott sell?
Kendra Scott sells a wide range of jewelry, including earrings, necklaces, bracelets, rings, and other accessories. They are known for their colorful gemstones and intricate designs.
Kendra Scott actively maintains a presence on various social media platforms. These platforms include Instagram, Facebook, Twitter, and Pinterest. Through these platforms, they share their latest designs, collaborations, and engage with their customers.
Does Kendra Scott offer a warranty for their products?
Kendra Scott offers a one-year warranty on their jewelry against manufacturing defects. However, it’s always recommended to check their official website or contact their customer service for the most up-to-date warranty information.
Conclusion
In conclusion, Kendra Scott’s net worth in 2023 reflects her exceptional achievements as an entrepreneur and designer.
Through her innovative jewelry brand and dedication to philanthropy, she has built a remarkable empire and amassed considerable wealth.
If you want to know about her or celebrities, check out our website Byboe.com for more information. Thanks for reading!
