Kendra Scott is the Executive Chairman of Kendra Scott, LLC, an American fashion designer. She also works as a company’s main designer. The 2017 EY Entrepreneur of the Year National Award went to Kendra. In 2019, she was ranked #40 on Forbes’ list of America’s Wealthiest Self-Made Women. Kendra Scott has an estimated net worth of $800 million as of 2021.
| 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 |
Early life
In Kenosha, Wisconsin, Kendra Scott was born on March 27, 1974. She came to Houston, Texas with her family when she was 16 years old. She graduated from Klein High School with a bachelor’s degree in business administration.
Following that, she spent a year at Texas A&M University. She dropped out of school and moved to Austin, where she assisted her ailing stepfather. She began crafting her own jewelry when she was still in Texas.
Kendra Scott Net Worth & Career
Scott started her company with the “Hat Box.” For ladies undergoing chemotherapy treatment, the company designed comfy headwear. Kendra Scott LLC, her business, was created in 2002. Her first collection, which cost her roughly $500, was developed in the spare bedroom of her house.
In 2005, Oscar de la Renta’s Spring 2006 Runway Show included Kendra’s exceptional creations as accessories. Randolph Duke’s 2007 Runway Show included her design as well. Due to the financial crisis in 2009, she was forced to liquidate her firm. After getting an order from the upscale department store Nordstrom, she was given one more chance to re-establish her business.
Her first retail business, in Austin, debuted in 2010. On Austin’s South Congress Avenue, the retail store debuted. She created her brand’s Color Bar experience and started her e-commerce company the same year. In 2011, she launched a second boutique on Beverly Hills’ Rodeo Drive. The business, however, was quickly shut down.
Berkshire Partners, a private equity firm, bought a minority position in Scott’s company in 2016. She made a $1 billion profit when she sold her investment. Scott continues to grow her company by establishing additional retail locations. She managed to open 102 retail locations before the end of 2019.
In February 2021, Scott left his position as CEO of the corporation. Despite this, she continues to be the company’s Executive Chairwoman. She has also invested in other firms including Darbie Angell dinnerware and Helm Boots, in addition to her successful business endeavor with Kendra Scott LLC.
Kendra Scott Personal Life
Kendra Scott is a divorced woman who has been through two marriages. On the 24th of June in the year 2000, she married her first husband, John Scott. Kendra Scott has two cute children from her last marriage with John Scott. On August 22nd, 2006, she divorced from her first marriage. After that, on June 6, 2014, she married Austin resident Matt Davis. In September 2020, the couple divorced after having one kid together.
Scott has participated in a variety of charitable endeavors, with a focus on children and women’s issues. In 2015, she began the Kendra Cares Program, which introduced her company’s personalized Color Bar jewelry experiences to children’s hospitals.
Scott also donated more than 75,000 pieces of jewelry and money to local charities. In 2019, she gave a $1 million grant to The University of Texas to establish the Kendra Scott Women’s Entrepreneurial Leadership Institute.
Kendra Scott Net Worth
Kendra Scott’s predicted net worth in 2021 is $800 million. Her successful business enterprise has netted her a large sum of money. The Texas Business Hall of Fame inducted Scott in 2019.
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