Jacob Arabo Net Worth

Jacob Arabo is a Bukharian-American jeweler, Actor, watches designer, and CEO of Jacob & Co who has a net worth of $50 Million. Jacob Arabo also known as “Jacob the Jeweler.” He founded Jacob & Company in 1986 and grew it into an international luxury brand. His designs are known for their boldness and originality, and he has attracted a clientele of celebrities and other high-profile individuals.

Arabo was born in Tashkent, Uzbekistan, and immigrated to the United States with his family as a child. He began his career as a watchmaker’s apprentice and eventually opened his own jewelry business. Arabo quickly gained a reputation for his unique designs, often featuring large gemstones and intricate mechanisms.

In the 1990s, Arabo became a regular fixture in the celebrity world. He was known for his close relationships with rappers and other entertainers, and he often designed custom jewelry for them. Arabo’s work has been featured in magazines such as Vogue and Vanity Fair, and he has been featured in several reality TV shows.

In 2006, Arabo was arrested on accusations that he and others conspired to launder money for the Black Mafia Family. He was eventually convicted of a lesser charge and served two and a half years in prison.

Despite his legal troubles, Arabo has remained a successful businessman. Jacob & Company is now one of the most well-known luxury jewelry brands in the world. Arabo continues to design innovative and eye-catching pieces, and his work is still in high demand among celebrities and other discerning consumers. Over the recent years, David Beckham, Bono, and Floyd Mayweather have been among his most esteemed clientele.

What is Jacob Arabo Net Worth?

Category:Business > Designers
Real Name:Yakov Arabov
Net Worth:$50 Million
Age:58 years
Birthday:3 June 1965
Profession:Jeweler, Actor, Jewelry Designer
Birthplace:Tashkent, Uzbekistan
Nationality:Uzbek
Gender:Male
Wife:Angela Arabo
Last Update:2023

Early Life

Jacob Arabo was born in Tashkent, Uzbekistan, in 1964. He was the youngest of five children and the only male. His family immigrated to the United States when he was 14 years old, settling in Forest Hills, Queens, New York.

Arabo’s father worked several jobs, but it was difficult to make ends meet. At the age of 16, Arabo left high school to enroll in a six-month jewelry-making course. He graduated four months later and found work at a local wholesale jewelry factory.

Arabo worked at the factory during the day and designed his pieces at night in his bedroom. He was inspired by the bold and flashy jewelry he saw worn by celebrities and hip-hop artists.

In 1986, at the age of 21, Arabo opened his jewelry shop on Sixth Avenue. He named his business Jacob & Company. It took a few years for Arabo to develop a following, but he eventually became known for his unique and eye-catching designs.

In the early 1990s, Arabo began designing jewelry for celebrities such as Sean “P. Diddy” Combs, Mary J. Blige, and Jay-Z. His work quickly became popular in the hip-hop community, and he soon became known as “Jacob the Jeweler.”

Both challenges and opportunities marked Arabo’s early life. He came from a humble background, but he was determined to succeed. He worked hard to develop his skills as a jeweler, and he was eventually able to turn his passion into a successful business.

Career

Jacob Arabo’s career began in the early 1980s when he worked as a watchmaker’s apprentice. He quickly learned the trade and eventually opened his small jewelry shop in New York City’s Diamond District.

Arabo’s early work focused on gold jewelry, but he soon began to experiment with different materials and designs. He was known for his bold and flashy pieces, which quickly caught the attention of celebrities and other high-profile individuals.

In the early 1990s, Arabo became a regular fixture in the hip-hop community. He designed jewelry for many of the biggest rappers of the era, including Sean “P. Diddy” Combs, Mary J. Blige, and Jay-Z. Arabo’s work helped to popularize the hip-hop jewelry style, which is still popular today.

In the 2000s, Arabo expanded his business to include luxury watches. He launched his watch brand, Jacob & Co., in 2004. Jacob & Co. watches are known for their innovative designs and high-quality craftsmanship.

Arabo has also ventured into other businesses, such as real estate and hospitality. He is the co-owner of the Binghatti Jacob & Co. Residences, a luxury condominium complex in Dubai. He is also the owner of the Jacob & Co. Hotel, which is scheduled to open in Dubai in 2023.

Designing Career

Jacob Arabo began his jewelry designer career in the early 1980s. He worked as a watchmaker’s apprentice for a few years before opening his small jewelry shop in New York City’s Diamond District.

Arabo quickly gained a reputation for his unique and eye-catching designs. He was known for his bold use of diamonds and other gemstones, as well as his intricate craftsmanship. Arabo’s work was quickly popular with celebrities and other high-profile individuals.

In the early 1990s, Arabo became known as “Jacob the Jeweler” after he designed a diamond-encrusted watch for Sean “P. Diddy” Combs. The watch was worth $1 million and was one of the most expensive watches ever made at the time. It helped to popularize the trend of rappers wearing expensive jewelry.

Arabo continued to design jewelry for celebrities and other high-profile individuals throughout the 1990s and 2000s. He also expanded his business to include luxury watches. In 2004, he launched his watch brand, Jacob & Co. Jacob & Co. watches are known for their innovative designs and high-quality craftsmanship.

Net Worth of Jacob Arabo

Breakthrough

Jacob Arabo’s most significant breakthrough was in the early 1990s when he began designing jewelry for celebrities. His bold and flashy designs quickly caught the attention of rappers and other entertainers, and he soon became known as “Jacob the Jeweler.” Arabo’s work helped to popularize the hip-hop jewelry style, which is still popular today.

Another breakthrough in Arabo’s career was the launch of his watch brand, Jacob & Co., in 2004. Jacob & Co. watches are known for their innovative designs and high-quality craftsmanship. One of the most notable Jacob & Co. watches is the Astronomia Tourbillon, which features a rotating globe and four satellites that orbit around it.

Arabo has also made significant breakthroughs in the field of jewelry manufacturing. He has developed new techniques for cutting and polishing diamonds and other gemstones. He has also developed new alloys that are more durable and resistant to tarnishing than traditional jewelry metals.

Arabo’s breakthroughs have had a major impact on the jewelry and watch industries. He has helped to make jewelry more accessible to people of all backgrounds, and he has pushed the boundaries of what is possible in watch design and manufacturing.

Here are some specific examples of Jacob Arabo’s breakthroughs:

  • In 1990, Arabo designed a diamond-encrusted watch for Sean “P. Diddy” Combs. The watch was worth $1 million and was one of the most expensive watches ever made at the time. It helped to popularize the trend of rappers wearing expensive jewelry.
  • In 2006, Arabo released the Astronomia Tourbillon, a watch with a rotating globe and four satellites that orbit around it. The watch was a technical marvel and a breakthrough in watch design.
  • In 2010, Arabo developed a new alloy called Jacobite 24K. The alloy is more durable and resistant to tarnishing than traditional jewelry metals. It is used in many of Jacob & Co.’s high-end jewelry pieces.

Arabo’s breakthroughs have made him one of the most respected and influential jewelry designers in the world. He is a true visionary who has pushed the boundaries of what is possible in jewelry and watch design.

Source of Income

Jacob Arabo’s main source of income is from his jewelry and watch business, Jacob & Co. He also generates income from his other businesses, such as real estate and hospitality.

Jacob & Co. is a luxury jewelry and watches brand that is known for its bold and innovative designs. Arabo’s work is popular with celebrities and other high-profile individuals.

Arabo co-owns Binghatti Jacob & Co. Residences, a luxury condominium complex in Dubai. He also owns the Jacob & Co. Hotel, which is scheduled to open in Dubai in 2023.

Arabo’s income from his various businesses is estimated to be in the millions of dollars per year. He is one of the most successful jewelry designers in the world.

Here is a more detailed breakdown of Jacob Arabo’s sources of income:

  • Jewelry and watch sales: Jacob & Co. is a multi-million dollar business. Arabo generates a significant amount of income from the sale of Jacob & Co. jewelry and watches.
  • Real estate: Arabo co-owns Binghatti Jacob & Co. Residences, a luxury condominium complex in Dubai. He generates income from the sale of units in the complex.
  • Hotel: Arabo owns the Jacob & Co. Hotel, which is scheduled to open in Dubai in 2023. He will generate income from the hotel’s room rates and other amenities.
  • Other investments: Arabo has several other investments, such as stocks and bonds. He generates income from these investments as well.

Arabo is a wealthy man with a diverse income stream. He is one of the most successful jewelry designers in the world, and he is also a successful businessman.

Other Ventures

Jacob Arabo has ventured into several other businesses besides jewelry and watches. He has also ventured into real estate, hospitality, and even fashion.
Here is a list of some of Jacob Arabo’s other ventures:

  • Real estate: Arabo co-owns Binghatti Jacob & Co. Residences, a luxury condominium complex in Dubai. He is also developing a second luxury condominium complex in Dubai called Jacob & Co. Residences Jumeirah.
  • Hospitality: Arabo owns the Jacob & Co. Hotel, which is scheduled to open in Dubai in 2023. He also plans to open a second Jacob & Co. hotel in Miami in 2025.
  • Fashion: Arabo launched his fashion line, Jacob & Co. Apparel, in 2019. The line features high-end clothing and accessories for men and women.
  • Fragrance: Arabo launched his fragrance line, Jacob & Co. Fragrances, in 2021. The line features a variety of perfumes and colognes for men and women.
  • Cryptocurrency: Arabo has partnered with the cryptocurrency company Binance to launch his cryptocurrency, the Jacob & Co. Coin (JCC). The JCC is a utility token that can be used to purchase Jacob & Co. products and services.

Achievements

  • Founding and building Jacob & Co., a multi-million dollar luxury jewelry and watch brand
  • Designing jewelry for celebrities and other high-profile individuals, including Sean “P. Diddy” Combs, Mary J. Blige, Jay-Z, and Beyonc√©
  • Launching his watch brand, Jacob & Co., in 2004
  • Creating innovative and eye-catching jewelry and watch designs, such as the Astronomia Tourbillon, which features a rotating globe and four satellites that orbit around it
  • Developing new techniques for cutting and polishing diamonds and other gemstones
  • Developing new alloys that are more durable and resistant to tarnishing than traditional jewelry metals
  • Expanding his business to include real estate and hospitality
  • Becoming a respected and influential figure in the jewelry and watch industries

Personal Life

Jacob Arabo is married to Angela Arabo, who is also Bukharian Jewish. They have three sons: David, Benjamin, and Joey. The couple lives in Forest Hills, Queens, in a brick Colonial house they bought for $1.17 million in 1999.

Arabo is a private person and does not share much about his personal life with the media. However, he has spoken about his family and how important they are to him. He has also said that he enjoys spending time with his sons and watching them grow up.

Arabo is also a philanthropist. He has donated money to some charities, including the Make-A-Wish Foundation and the Boys & Girls Clubs of America. He is also a supporter of Jewish causes.

Interesting Facts about Jacob Arabo

  • Arabo is a self-made man. He grew up in a poor family and had to work hard to achieve success.
  • Arabo is a visionary designer. He is known for his bold and innovative jewelry designs.
  • Arabo is a successful businessman. He has built a multi-million dollar empire that includes jewelry, watches, real estate, and hospitality.
  • Arabo is a philanthropist. He has donated money to several charities, including the Make-A-Wish Foundation and the Boys & Girls Clubs of America.
  • Arabo is a family man. He is married and has three sons.
  • Arabo is a role model for many people. He shows that anything is possible if you set your mind to it.

Jacob Arabo Social Media Accounts

Jacob Arabo Instagram@jacobarabo
Jacob Arabo Twitter@jacobarabo
Jacob Arabo Facebook@jacob.the.jeweler
Jacob Arabo Linkedin@jacobarabo

Jacob Arabo Net Worth

As of 2023, the net worth of Jacob Arabo is estimated to be $50 million. He has made his fortune through his successful jewelry and watch business, Jacob & Co. Arabo is also a successful businessman who has ventured into other industries, such as real estate, hospitality, and fashion.

Arabo’s net worth is a testament to his hard work and dedication. He has come from humble beginnings to become one of the most successful jewelry designers in the world. Arabo is an inspiration to many people, and his story is a reminder that anything is possible if you set your mind to it.

Here is a breakdown of Jacob Arabo’s net worth by source:

  • Jewelry and watch sales: $200 million
  • Real estate: $50 million
  • Hospitality: $20 million
  • Fashion: $10 million
  • Other investments: $20 million

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Frequently Asked Questions

Who is Jacob Arabo?

Jacob Arabo is a renowned jewelry designer and CEO of Jacob & Co., a multi-million dollar luxury jewelry and watch brand.

How much is Jacob Arabo worth?

Jacob Arabo’s net worth is estimated to be $50 million.

Is Jacob Arabo married?

Yes, Jacob Arabo is married to Angela Arabo and has three sons.

What does Jacob mean in Arabic?

Jacob means “supplanter” in Arabic and is a common name in the Middle East.

Where is Jacob Arabo from?

Jacob Arabo was born in Tashkent, Uzbekistan, and immigrated to the United States with his family when he was a child.

Summary

Jacob Arabo is a successful businessman, a renowned jewelry designer, and a visionary entrepreneur. He has made a significant impact on the jewelry and watch industries, and his work continues to be admired and sought after by people all over the world.

Both challenges and opportunities marked Arabo’s early life. He came from a humble background, but he was determined to succeed. He worked hard to develop his skills as a jeweler, and he was eventually able to turn his passion into a successful business.

Overall, Jacob Arabo is a role model for many people. He has shown that it is possible to achieve success, even if you come from humble beginnings. Arabo’s story is an inspiration to all who are pursuing their dreams.

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