Kendra Scott is a well-known fashion designer from the United States. She is best known for being the executive chairwoman, designer, and CEO of her own company, Kendra Scott, LLC.
She has since expanded her work and has become one of the industry’s billionaires. She has also received the Ernst & Young National Entrepreneur of the Year award.
Kendra Scott’s Childhood and Education
Kendra Scott was born on March 27, 1974, in Kenosha, Wisconsin, and spent her childhood there. Kendra and her family moved to Houston, Texas, when she was 16 years old.
As a result, she attended Texas A&M University for at least one year before dropping out and relocating to Austin, Texas.
When she moved to Austin with her ailing stepfather, she was 19 years old. Kendra Scott founded “The Hat Box,” a company that specializes in comfortable hats and designs for women undergoing chemotherapy.
Scott later sold “comfortable but stylish” pieces and donated the proceeds to cancer research.
Kendra Scott’s net worth and Salary
Kendra is a self-made billionaire entrepreneur. She is the owner of her fashion design stores, which have sprouted up all over the world.
Kendra Scott has a net worth of approximately $510 million.
Facts About Kendra Scott
|Kendra L Baumgartner
|27 March 1974
|Age (as of 2021)
|Kenosha, Wisconsin, United States
|in feet inches – 5’ 5” – in Centimeters – 165 cm
|in Kilograms – 55 kg – in Pounds – 121 lbs
|Klein High School
|Texas A&M University
|Is she a Lesbian?
|Matt Davis (m. 2014–2020)
|Three (Cade Scott, Beck Scott, Grey Davis)
Kendra Scott’s Professional Career
Scott considered starting her own business, but first, she began making jewelry from home in Austin, Texas. In 2002, she established her company, Kendra Scott LLC.
After her oldest son was born, Kendra began with a $500 collection in her bedroom. She then went from store to store in Austin, selling boutiques. Finally, she had to deal with the situation in order to fulfill the orders.
She sold her samples in order to buy enough material. Scott’s designs were selected for Oscar de la Renta’s spring 2006 runway show 2005.
Her designs were also featured in Randolph Duke’s 2007 runway show. Due to the financial crisis, she was forced to close her business in 2007.
However, she received an order from Nordstrom, which proved to be a huge success for her company. She was given the opportunity to publicize and expand her business.
Scott opened her first retail store on South Congress Avenue in Austin in 2010. She started her e-commerce business the same year. Scott later opened another store on Rodeo Drive in Beverly Hills in 2011.
But she had to close it soon. Scott began opening stores in the South and Midwest in 2014. Scott sold a minority stake in her company to a private equity firm for $1 billion in 2016.
Her company was valued at $1 billion at the time, and it included a few fashion lines such as fine jewelry, home accessories, beauty products, and fashion jewelry.
Kendra Scott’s Personal Existence
Kendra has been married twice in her life. On June 24, 2000, at the age of 26, she married John Scott for the first time.
Within five years, they were the parents of two sons. Cade and Beck are the names of their two sons. The marriage didn’t work out for them soon after their children were born.
They had no choice but to legally part ways. On August 22, 2006, their divorce was finalized. Scott, on the other hand, has not given a reason for her separation.
Scott recalls her decision to start her business in her small bedroom with only $500 in her hand and her first child three months old. Her husband had to switch jobs, so she decided to support her family financially.
For the second time, the self-made woman struck gold. She married the love of her life, Matt Davis, on June 6, 2014, in Sedona, Arizona.
They had a very special relationship. They had a son named Grey as their first child.
Matt accepted her two sons from her previous marriage, and they all became one family.
When it comes to her personal life, the businesswoman is completely open. Despite the fact that she runs a billion-dollar business on her own, she has learned two life lessons.
Her second marriage did not work out, and she was forced to divorce him in September 2020.
Facts About Kendra Scott
- She is best known for being the executive chairwoman, designer, and CEO of her own company, Kendra Scott, LLC.
- She has since expanded her work and has become one of the industry’s billionaires.
- She has also received the Ernst & Young National Entrepreneur of the Year award.
- Scott sold a minority stake in her company to a private equity firm for $1 billion in 2016.
- Kendra has been married twice in her life.