Kendra Scott Net Worth

Net Worth:	$500 Million
Date of Birth:	March 27, 1974 (50 years old)
Gender:	Female
Profession:	Fashion designer
Nationality:	United States of America

What is Kendra Scott’s Net Worth?

Kendra Scott is an American businesswoman and fashion and accessories designer who has a net worth of $500 million. In 2002, Kendra Scott founded Kendra Scott, LLC, and currently holds the positions of chairman, lead designer, and CEO within the company.

Early Life

Kendra Scott was born and raised in Kenosha, Wisconsin, in the United States. She began designing jewelry as a teenager and eventually attended the Fashion Institute of Technology in New York City to study fashion design. However, she dropped out after only two semesters to start her own business.

Career Beginnings

Kendra Scott’s career began with her first entrepreneurial venture, a hat-making business, which she started in her early twenties. After the birth of her first child, she shifted her focus to jewelry design, creating her first collection in 2002 with just $500 in start-up capital.

She began selling her jewelry door-to-door, at home parties, and local boutiques, quickly gaining a following in her home state of Texas. Her business continued to grow and eventually led to the founding of Kendra Scott, LLC in 2002, which has since become a highly successful jewelry and home decor brand.

Success

Kendra Scott is a successful entrepreneur and the founder, chairman, lead designer, and CEO of Kendra Scott, LLC. Her career has been focused on building her jewelry and home decor brand, which has become a household name known for its unique designs, high-quality materials, and affordable luxury.

Under her leadership, Kendra Scott, LLC has grown into a multimillion-dollar company with over 100 stores across the United States and a strong online presence. Scott is also known for her philanthropic efforts, supporting various causes such as children’s health and education, women’s empowerment, and entrepreneurship.

She has received numerous awards and recognitions for her business and charitable work, including being named one of Forbes’ “Richest Self-Made Women” and one of Inc. Magazine’s “Female Founders 100”.

Charity Works

Kendra Scott is a well-known philanthropist and has been actively involved in supporting various causes throughout her career. Her philanthropic efforts are primarily focused on causes related to children’s health and education, women’s empowerment, and entrepreneurship. Some of the initiatives and organizations she has supported include:

• Kendra Scott Women’s Entrepreneurial Leadership Institute: In partnership with The University of Texas at Austin, Kendra Scott founded the Women’s Entrepreneurial Leadership Institute (WEL Institute), which offers a year-long program for female entrepreneurs to help them develop leadership skills and grow their businesses.
• Kendra Cares Program: Kendra Scott’s Kendra Cares Program is focused on giving back to children’s hospitals and supporting families in need. The program provides patients with a fun and interactive activity, creating and customizing their own jewelry designs.
• Breast Cancer Research Foundation: Kendra Scott is a strong advocate for breast cancer research and has partnered with the Breast Cancer Research Foundation (BCRF) to create exclusive jewelry collections and donate a portion of sales to the foundation.
• National Multiple Sclerosis Society: Kendra Scott has also partnered with the National Multiple Sclerosis Society to raise awareness and funds for multiple sclerosis research.

Overall, Kendra Scott has a strong commitment to philanthropy and making a positive impact in her community and beyond.

Accolades

Kendra Scott has received numerous accolades throughout her career, recognizing her success as an entrepreneur and her philanthropic efforts. Some of her notable accolades include:

• Forbes’ “Richest Self-Made Women” list: Kendra Scott was included on Forbes’ annual list of “Richest Self-Made Women” in both 2017 and 2018.
• Magazine’s “Female Founders 100”: In 2019, Kendra Scott was named to Inc. Magazine’s list of “Female Founders 100”, which recognizes the most inspiring and innovative female entrepreneurs.
• Ernst & Young Entrepreneur of the Year: Kendra Scott received the Ernst & Young Entrepreneur of the Year award in 2017 for the Central Texas region.
• Austin Under 40 Award: Kendra Scott received the Austin Under 40 Award in 2011 for her entrepreneurship and philanthropic work.
• Fashion Group International of Dallas Rising Star Award: In 2010, Kendra Scott received the Fashion Group International of Dallas Rising Star Award for her contributions to the fashion industry.

These are just a few examples of the many accolades Kendra Scott has received over the years, highlighting her success as a businesswoman and her dedication to philanthropy.

Real Estate

However, it is known that in 2018, Kendra Scott and her husband, Matt Davis, purchased a home in Beverly Hills, California for $5.6 million. The property is a 4,700-square-foot contemporary-style home with four bedrooms, five bathrooms, and stunning city views.

The couple also owns a 10,000-square-foot estate in Austin, Texas, which they purchased in 2015 for $3.2 million. The property, which was previously owned by Robert Plant of Led Zeppelin, features a guest house, a pool, and a recording studio.

While Kendra Scott’s primary focus is on her jewelry and home decor business, she has made some notable real estate investments in recent years.

Relationship

Kendra Scott is married to Matt Davis, a former NFL player turned entrepreneur. The couple has been together for over 20 years and married in 2004. They have three children together and reside in Austin, Texas. Matt Davis is also involved in the Kendra Scott business, serving as the company’s chief investment officer.

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