Net Worth
Although we don’t know the exact sums that each brand pays Kendra Scott or her current salary, it is evident that her company and brand are her main sources of income. In addition to her 102 physical stores, she also runs an online store that generates cash. As of July 2023, Kendra’s net worth has climbed to $600 million because of the sale of her goods at stores like Nordstrom, Neiman Marcus, and others. Kendra has managed to keep up her social life without causing too many controversies, and her business has done well and established her as a successful person. As she has helped numerous women and children, and the business has donated to charity every year since 2010, she has also made advantage of her opportunity to give back to the community.
Early Life
Kendra Scott is primarily recognised for her work in business with a focus on fashion. She serves as the lead chairperson, CEO, and lead designer of Kendra Scott LCC, which she created in 2002. She belongs to the Council of American Designers as well. Kendra was born on March 27, 1974, in Kenosha, Wisconsin. After moving to Houston, Texas, where she attended Klein High School, Kendra graduated. Although we do not yet know the names of her parents or siblings, Kendra describes them as successful businesspeople. Her father was a country lawyer who also owned a law firm, and her mother sold Mary Kay cosmetics. Kendra also says that her aunt served as an inspiration to her because she worked as a director at Gimble’s in Milwaukee.
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Biography
Celebrated Name: | Kendra Scott |
Real Name: | Raikujo Kendra Scott |
Age: | 49 Years Ol d |
Gender: | Female |
Date of Birth: | 27 March 1974 |
Birth Place: | Kenosha Wisconsin |
Nationality: | American |
Sexual Orientation: | Straight |
Marital Status: | Married |
Height: | 5 ft 4 inches |
Weight: | 50 Kg |
Profession: | Fashion Designer |
Net Worth: | $600 Thousand |
Family
Parents: | N/A |
Siblings: | N/A |
Husband: | Austinite Matt Davis |
Children: | Cade, Beck, and Grey |
Personal Life
Kendra was born in Kenosha, as previously said. They later relocated to Houston, Texas, where she attended Klein High and graduated. Later, she enrolled in Texas A&M University, but after just a year, she left to care for her ailing father. On June 24, 2000, Kendra wed John Scott, the love of her life. They had two children together, Cade and Beck, before divorcing on August 22, 2006. She later wed Austinite Matt Davis on June 6, 2014, and the two are parents to a son named Grey. Despite the fact that many people have worked in the fashion design field for a long time, Kendra stands out for a special reason. Her secret is that she gives her all to the business and works there because she believes in it.
Career
Kendra launched her first company, the Hat Box, after leaving school, focusing mostly on creating hats especially for ladies going through chemotherapy. Before she launched her jewellery business, she began producing jewellery from home. She sold the hats and gave some of the proceeds to cancer research. In 2002, Kendra Scott established her LCC after creating her $500 first line. She would stroll between shops, selling the collection to neighbourhood stores. The designs appeared in both the Oscar de la Renta Spring 2005 Runway Show and the 2007 Randolph Duke Runway Show. The Austin Business Journal also awarded Kendra the 2017 CEO of the Year and Texas Businesswoman of the Year. She was honoured as the state’s 12th woman to be inducted into the Texas Business Hall of Fame in 2019.
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In 2010, she built her first store on South Congress Avenue in Austin. The same year, she also introduced the Brands Colour Bar experience and launched her online store. In 2011, she built her second store on Rodeo Drive in Beverly Hills. Later that year, she closed it and created new locations in the South and Midwest. A private corporation invested over $1 billion in the business in 2016, raising it a notch. The brand includes fine jewellery, fashion jewellery, nail polish, home furnishings, and cosmetic products. It is currently valued at over $1 billion. Scott currently has over 102 retail locations. She has received numerous honours, including the National Entrepreneur of the Year Award for 2017. Additionally, she received the Accessories Council Excellence Awards‘ Breakthrough Award.