Carolyn Rafaelian

$100M
as of 11/15/21

About Carolyn Rafaelian

Carolyn Rafaelian, a onetime billionaire, founded bangle brand Alex and Ani in 2004.

Alex and Ani, named after her two older daughters, peaked in 2017; it then had 100 company-owned locations across North and South America.

After a 2019 dispute with Bank of America over a loan default, she agreed to divest her controlling interest in Alex and Ani to Lion Capital.

In May 2020, Rafaelian was fired by Alex and Ani after months of restructuring.

She is an investor in Big3, a 3-on-3 basketball league made up primarily of former NBA players; it was cofounded by rapper and actor Ice Cube.

Personal stats

Citizenship

United States of America

Source of wealth

jewelry

Residence

Providence, Rhode Island

Birth date

09/25/66 (age 58)

Number of children

3

Education

Bachelor of Arts/Science, The American College, Los Angeles

Self-made

self-made

Carolyn Rafaelian’s fortune is worth

2K

troy ounces of gold

2K

median U.S. household

1K

median U.S. income

0.002%

U.S. credit card volume

0%

GDP of the United States

0%

United States debt

Net worth history

Annual ranking

Did you know?

Rafaelian owns Belcourt, a 56,000-square foot Gilded Age mansion in Newport, R.I. once inhabited by suffragist Alva Vanderbilt, which she's renovating as a museum.

Net worth over time

Real-time ranking

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