Kendra Scott

Who is Kendra Scott?

Kendra Scott an American fashion designer is the Executive Chairman of Kendra Scott, LLC at the moment. She also serves as the company’s lead designer.

The 2017 National EY Entrepreneur of the Year Award goes to Kendra. In Forbes’ 2019 list of America’s Richest Self-Made Women, she ranked as high as number 40. Kendra Scott’s net worth is anticipated to be close to $800 million.

Kendra Scott: Bio and Age

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 jewelry while residing in Texas.

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Quick facts about Kendra Scott

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: Career

Kendra Scott
Biography Zoom: Kendra Scott (Source: Google)

Scott started her business enterprise by establishing “the Hat Box” as her first location. A cozy hat style was developed by the company for ladies undergoing chemotherapy. She established Kendra Scott LLC in 2002. She spent about $500 creating her first collection in the spare bedroom of her home.

Oscar de la Renta’s Spring 2006 Runway Show chose Kendra’s exceptional designs to embellish in 2005. She also had a design at Randolph Duke’s Runway Show in 2007. However, the financial crisis forced her to shut down her business in 2009. But when she got an order from the upscale department store Nordstrom, she got her final chance to restart her business.

She established her first retail location in Austin in 2010. On South Congress Avenue in Austin, the retail establishment opened. She established her brand’s Color Bar experience and her online store in the same year. In 2011, she opened her second store, which was located on Beverly Hills’ Rodeo Drive. However, the shop soon shut its doors.

In 2016, Scott sold a small portion of her company to the private equity company Berkshire Partners. She sold the investment for $1 billion. Scott kept growing her business by opening more retail establishments. She was able to launch 102 retail stores before the end of 2019.

In February 2021, Scott retired from his position as the company’s CEO. She nevertheless continues to serve as the company’s Executive Chairwoman. She has invested in several other businesses, including Helm Boots and Darbie Angell tableware, in addition to her successful business effort with Kendra Scott LLC.

Relationship status 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 endeavors, 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 jewelry experiences.

In addition, Scott donated approximately 75,000 pieces of jewelry 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.

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What is Kendra Scott’s net worth?

Kendra Scott’s net worth is anticipated to be close to $800 million. She has amassed a tremendous sum through her lucrative business endeavor. 2019 saw Scott’s induction into the Texas Business Hall of Fame.

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