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ToggleJacob Arabo is an American jeweler and founder of luxury watch and jewelry brand, Jacob & Co. As a teen, Arabo immigrated to the United States with his family and settled in Queens, New York. Arabo was very interested in design and craftsmanship, especially jewelry, from a young age. He left high school at 16 to take a jewelry-making course. It was this early commitment to craft that launched what would become an illustrious career in the luxury goods industry.
Career Beginnings and Achievements
Jacob Arabo started making jewelry in the early 1980s from a small booth in New York City’s Diamond District. He created daring diamond designs that attracted high-profile clientele. Midway through the 1990s, Arabo became a favorite jeweler of celebrities and hip-hop artists – he was nicknamed “Jacob the jeweler.” His custom pieces – iced-out watches and diamond-encrusted pendants – became entertainment status symbols.
In 1986, Arabo founded Jacob & Co. The company makes watches like the Five Time Zone watch and jewelry that is truly innovative and hand crafted. Top celebrities, athletes, and affluent people worldwide have become customers of Jacob & Co.
Several awards have given Arabo recognition and his work is now available outside of jewelry in other fashion and luxury goods markets. Jacob & Co. designs have been featured in major fashion magazines and remains a leader in the luxury watch and jewelry industries.
Jacob Arabo’s Net Worth
As of 2024, Jacob Arabo is estimated to be worth around $100 million. His wealth is derived largely from his successful jewelry and watch business, along with various investments and real estate holdings. Arabo has made his brand synonymous with luxury and exclusivity and has made substantial wealth over the years.
Several factors contribute to Jacob Arabo’s wealth:
Jewelry Sales: Arabo makes most of his wealth selling jewelry. Jacob & Co. is known for its high-end pieces and custom-made jewelry, which command high prices. Quality and exclusivity have given Arabo a loyal customer base.
Luxury Watch Market: Jacob & Co. also operates in the luxury watch market. Arabo’s innovative designs have sold out across the world, especially its Astronomia and Epic X collections.
Celebrity Endorsements and Collaborations: Arabo has built his brand around celebrities. Collaborations and product placements in music videos and films have helped Jacob & Co. reach and influence more people.
Real Estate Investments: Arabo also owns property in prime locations like New York City and Miami. And these investments have appreciated over time, leading to increase in his net worth.
Brand Expansion: Jacob & Co. now offers limited edition pieces and collaborations with other luxury brands. Such diversification helped grow the brand globally in terms of revenue.
Conclusion
Jacob Arabo is a visionary jeweler and entrepreneur. From his start in New York’s Diamond District to a global luxury brand, Arabo has proven he can innovate and lead in a highly competitive luxury goods market. He owes his financial success to his talent, business acumen, and ability to reach a select clientele.