Who Is The Richest Jewelry Designer In The World

Jewelry has always been a symbol of wealth and luxury, and it comes as no surprise that some of the world’s wealthiest individuals are also jewelry designers. These designers have made a name for themselves by creating unique, exquisite, and extravagant pieces of jewelry that are not only beautiful but also incredibly valuable. In this article, we will explore the world of jewelry design and find out who the richest jewelry designer in the world is.

The jewelry industry is worth billions of dollars, and it’s a fiercely competitive industry. There are thousands of jewelry designers all over the world, each trying to create something unique and special that will set them apart from the competition. However, only a few designers have managed to reach the pinnacle of success and become extremely wealthy.

One of the most famous and wealthiest jewelry designers in the world is Laurence Graff. He is the founder and chairman of Graff Diamonds, which is a luxury jewelry brand that specializes in diamonds. Graff started his career as an apprentice in London’s Hatton Garden, which is known as the heart of the UK’s jewelry industry. He eventually started his own jewelry business, and it quickly grew into a global brand that is now worth billions of dollars.

Graff is known for creating some of the most expensive pieces of jewelry in the world. His designs are often adorned with rare and valuable diamonds, which are sourced from all over the world. Graff’s most famous creation is the Graff Pink, which is a pink diamond that is one of the most expensive diamonds ever sold. It was sold for $46 million at an auction in 2010, and it’s now worth even more.

Graff’s success has not come without controversy. In 2003, his flagship store in London was raided by armed robbers who stole over $20 million worth of jewelry. However, Graff managed to bounce back from the incident and continue to grow his business.

Another jewelry designer who is worth mentioning is David Yurman. He is the founder of David Yurman Inc., which is a luxury jewelry brand that specializes in silver, gold, and diamond jewelry. Yurman’s designs are often inspired by nature, and he is known for his signature cable bracelet, which is a twisted helix of metal adorned with gemstones.

Yurman’s business started as a collaboration with his wife, Sybil, in the 1970s. The couple worked together to create unique and elegant pieces of jewelry that quickly gained popularity among wealthy clients. Today, David Yurman Inc. is worth over $1 billion, and it has stores all over the world.

One of Yurman’s most famous creations is the Albion ring, which is a square-shaped ring adorned with a large gemstone in the center. The ring has become a signature piece for the brand and is worn by many celebrities and socialites.

In addition to Graff and Yurman, there are many other successful and wealthy jewelry designers in the world. Some of these designers include Harry Winston, Bulgari, Cartier, and Van Cleef & Arpels. Each of these designers has a unique style and aesthetic, and they have all managed to create successful businesses that are worth billions of dollars.

In fact, the world of jewelry design is a lucrative and competitive industry that has created some of the wealthiest individuals in the world. Laurence Graff and David Yurman are just two examples of successful jewelry designers who have managed to create global brands that are worth billions of dollars. While there are many other successful designers in the world, these two individuals stand out for their unique designs, exquisite craftsmanship, and incredible success. If you’re looking for the most expensive and luxurious pieces of jewelry, then Graff Diamonds and David Yurman Inc. are definitely worth checking.

How America Became Dependent On Chinese Made Goods

Our story began in February 1972. Then President Richard Nixon is feted to a full State Visit to the Peoples’ Republic of China. It is the first time in a quarter century that the mysterious Middle Kingdom has welcomed a visitor from America. For those in the United States, it will be the first time to see outstanding Chinese monuments, the Great Wall, the Forbidden City, and the teeming crowds. And it marks a new chapter between the two nations.

For Nixon, it was a personal coup he had spoken of for ten years or more. Nixon recognized that this vast Country, with a population of more than 900 million (in 1972), was a ready market for American Manufacturing. After all, the United States was the workshop of the World, the most powerful industrial Country globally. Being the first to open this great market would mean thousands of new jobs and large profits for American Corporations. Nixon was well aware of economic history. He recognized that the colonial powers in past centuries had grown rich by selling advanced manufactured goods to more primitive countries and colonies.

It’s a strategy of a type of economics called Mercantilism, which created endless wealth and power for those advanced industrial countries. Nixon aimed to make China the American colony of the twentieth century.

Unfortunately, as they say, “the best-laid plans oft go astray.” Nixon’s dream would end just a couple of years later when the scandal of Watergate forced him to resign from the Presidency and ended his vision of dominating the Chinese marketplace.

Nixon was followed by two thoroughly ineffectual Presidents, Gerald R. Ford and Jimmy Carter. Both Ford, who, as Vice President, assumed the Presidency when Nixon resigned, and Carter, who was plagued by escalating oil and gas prices and a stagnant economy (sound familiar?), were consumed with domestic policy issues. Neither effectively grasp the opportunity of exploiting Chinese markets. And so, America was adrift.

Not so for China.

Assuming the leadership of China upon the death of the Country’s founder Mao Zedong was a true visionary, Deng Xiaoping. Underestimated by the West, Deng is considered by most historians to be the “Architect of Modern China.” Deng would move millions of peasants off the farms and into modern Chinese Cities. Deng would be the driving power behind the creation of Chinese Industrial might.

Dent would ultimately turn the tables on Nixon’s vision. China would not become America’s colony. Instead, America would nearly become China’s colony.

Upon assuming leadership in the mid-70s, Deng started right to work. His task was monumental, creating a world-class manufacturing core from which China could exploit offshore markets. Deng had reversed Nixon’s vision.

Of course, there were issues initially; Chinese quality production was not up to standard. Delivery schedules were often missed, but China persevered, and in a relatively short few years, China’s production had caught up with the rest of the World.

From the beginning, Deng understood how price sensitive the Western Markets, especially the Americans, are. He only needed to look at Walmart to understand that “low price sells.” So, China would hit the Americans where they lived with “bargains.” China set out to be the lowest-priced provider in the market, and they exceeded even their wildest expectations.

The elites in America missed what was happening entirely. American political leaders and academics started to praise these low-price goods coming out of China. There was no doubt that l bargain-basement Chinese goods were helping raise the standard of living for the average American. You may remember prominent economists extolling China’s strategy of “exporting deflation.” The Federal Reserve was utterly flummoxed. They could not understand why inflation was so low. The Fed immediately set an inflation goal of 2% and began all those stimulus programs: Quantitative Easing, Zero Interest Rate Policy, etc.

However, the issue was not exclusively a monetary one, as the Federal Reserve mistakenly believed. In reality, the cagey Chinese under Deng Xiaoping had begun the largest, most aggressive predatory pricing scheme the World had ever seen.

Deng recognized that American Industry had much higher fixed costs. American labor was the highest paid in the World, new environmental regulations added high costs to manufacturing in the US, and safety standards required careful supervision and special equipment.

China would have none of that. Employment benefits, safety requirements, and especially environmental considerations would all be eliminated. From the beginning, China’s industrial cost structure would be far below the American’s.

Unscrupulous managers would push costs even lower by utilizing programs resembling the “indentured servitude” that the West last saw in the sixteenth and seventeenth centuries. These are Chinese workers who exist on barest subsistence.

Finally, the Chinese Central Authority would provide direct financial support so that selected industries could lower their prices.

The Chinese had created a system as far from “Free Market Capitalism” as possible. It was just the opposite, a very tightly controlled economy. China saw the weakness in the American system, it was our unnatural desire for the lowest price, and China had built its entire economy to exploit that American desire for the cheapest product.

The Chinese success has been spectacular. China first conquered American heavy industry. Smoke Stack America dissipated almost overnight. There was practically no support for American Heavy Industry other than those who worked in the factories. And unfortunately, many Americans actively opposed these so-called pollution makers. Much of the “Environmental Movement” aimed to put the heavy industry out of business. So when the Chinese came in with a lower-cost alternative, many in this Country thought that was a good thing. Chinese workers would now produce Steel, Aluminum, and other metals and materials in Chinese factories.

The greatest surprise in this takeover by Chinese industry has been the actions of the US Multinationals. Simply put, the Chinese have taken over the American West Cost manufacturing. American businesspeople quickly recognized that China had an insurmountable cost advantage. Virtually no American manufacturer could match the Chinese prices. Americans were out-bid for every deal. And so, in the spirit of “if you can’t beat them, join ’em.” That’s just what the Americans began to do—beginning when Phil Night, the founder of Nike, moved the company’s production of shoes and sportswear across the Pacific. Steve Jobs at Apple Computer almost immediately followed him. And this began the stampede. Today, nearly every major US Technology company, especially those on the West Coast, has moved at least part of its production to China.

Today, America’s number one industry, Big Tech, produces most of its products in China and other Asian nations. In addition to sending billions of dollars in revenue, this allows China and other nations to obtain leading-edge US-developed technology—a double loss for the Americans.

It’s been 51 years since Richard Nixon set out to “open up” China to create a nearly limitless market for American goods and products. His goal was to strengthen US Industry and employ more Americans.

However, while Nixon worked within the American four-year political cycle, Deng Xiaoping had a much longer vision across the Pacific. Like the Chinese leaders of the past, Deng planned for a world half a century from his. Today we live in that World. A world in which America is no longer the global industry leader. Today, the American consumer sends billions of their hard-earned cash overseas to employ people we do not know in factories we do not own.



It’s been 51 years since President Nixon first visited China. During that time, China experienced the most extraordinary economic growth in the World. There is no denying that much of this growth has been because of methods we consider unethical, if not immoral, exploitation of their workers, bribing political leaders in other countries, and excessive pollution. And yet there is no denying that their ability to develop long-range economic goals and objectives has significantly influenced their success. It has also been one of America’s chief failings. Nixon’s dream lasted a mere 2 ½ years before he was forced out of office.

What Type of Marketer Are You?

Nine out of ten times, businesses fail because of one reason.

Products or services are not selling, no matter how great they are.

Or it could be a case of products and services not selling enough, or not selling fast enough. Whichever the case, the cause is typically a case of marketing done wrongly, if existent at all.

Simply put, no business today can create a product or service, and expect sales to roll in by themselves, some degree of marketing must be present. Marketing itself is also not all about selling and promotion

The prevention of such a tragedy is marketing. Again, this might seem too simplistic a statement. There are so many methods of marketing, and marketers and quite often, an error in strategy is equally a recipe for failure. To prevent the latter, marketing must be approached with the right mentality. This begins by understanding what marketing should be. The following marketer archetypes illustrate what proper marketing is and isn’t.

The Non-Marketer

Nostalgic as they might be, the non-marketer’s approach of setting up and waiting for business, wouldn’t survive long in today’s markets.

The Non-Marketer is your medieval village storekeeper. He consolidates his products, sets up shop, and waits for business to come. Occasionally, he might perform some elementary promotion effort, such as coercing fellow villagers into buying from him. In short, however, his marketing model is that of waiting for business to arrive. The assured farmer waiting for crops to grow.

Such a marketing model has little chance of survival in our modern world if any chance at all. With millions of competitors, the technology for instant sales, and a myriad of communication channels, the non-marketer wouldn’t even be noticed. His business would literally be drowned in a sea of competition. Personally, I consider the non-marketer a business plan for disaster.

The Traditional Marketer

The Traditional Marketer embraces the fundamental principles of marketing. He collects relevant information and approaches the task from the classic “4Ps” of marketing viewpoint. He produces a sellable product or service, then he sets a sensible price. Finally, he determines the ideal place of business and works on informing potential buyers about himself. Sometimes, his promotion is enhanced by endorsements such as industry accreditation, client testimonials, and so on.

This approach is the polar opposite of the Non-Marketer. Already, it reflects a shift in mentality from waiting for business, to actively attracting business. Such an approach continues to have its merits in our modern world, except, how long is it going to stay effective for an audience increasingly sophisticated and informed? An audience that is also distracted by endless alternatives on so many fronts. In order to compete with these alternatives, would the Traditional Marketer end up incurring too much cost and time? With continuously diminishing returns?

More and more so, this traditional approach might be turning obsolete.

The Savvy Marketer

The Savvy Marketer does everything the Traditional Marketer does, but he performs it with finesse. He uses modern methodologies such as surveys and focus group discussions to consolidate market opinions. He also considers every possible channel to push his offers, a strategy similar to Jay Levinson’s guerilla marketing tactics. Every step of the way, he ensures he remains in active contact with the target audience. It could be said that every decision he makes is made specifically for his clientele.

In addition, the Savvy Marketer constantly relies on client opinion to refine his products and services. He cultivates the impression that it is not his product, but the product of his clients. He also doesn’t solely rely on information transmission during promotion. In other words, he doesn’t only distribute flyers or put up a website. He hunts for business actively. His instruments are modern channels of communication, such as social media. As much as possible, he narrows in and contacts his target audience without a middleman. Chance is given little tolerance in his marketing plan.

Most successful businesses today, big or small, are Savvy Marketers. These are the businesses that have embraced technology in the quest of shortening the journey to the customer. They make themselves available at any hour of the day, literally. They also project the image that they are the natural, if not the only choice for selection.

The Evolved Marketer

The Evolved Marketer is the Savvy Marketer with one additional game-changer. He recognizes fluctuating market demand could be a destructive force, so he devotes significant effort to manipulating demand. His promotional messages are subtly fine-tuned to imply superiority over the competition. In many cases, the promotional message itself is also crafted to generate new demand.

At the same time, Evolved Marketers embrace the concept of finite product life cycles. Few things in the world sell forever, so Evolved Marketers always pave the way for future product introductions. The decline of one product is negated by the birth of another. In this way, the Evolved Marketer sets in motion a recurring cycle. This cycle ensures he never runs out of things to sell, also that he is never short of things to promote. Over time, his influence over demand generation might even lead to industry leadership. Needless to say, this is the most desirable pinnacle for all marketers.

The Different Forms Of Small Business Finance

Any small business owner in operation today is actually an incredible and solid form of business ownership as well as being an integral part of the growth and health of the economy. Quite often, when public policy and economic decision making is undergone, they look at small businesses to see how they are faring and able to withstand the various different amounts of strain and tensions that the economy is being placed under. An incredible stress of any business is the financing options available to them which requires the knowledge of the various types of small business finance.With any level of business financing, there are actually an incredible amount of options available that provide an incredible source of financing overall. Businesses must keep a very close eye on their options at all times in order to remain competitive and thing strategically regarding how they are able to move forward. Thus, understanding what all options are at all times is definitely a crucial element in this process.Truly, at all times, any small business must maintain a solid grip on their cash flow. Being a good cash manage is often crucial for maintaining a level of financial well being as well as not having to depend as much on financing at all. Thus, this should always be a foundational business model process.Debt financing is actually an incredible common form of small business finance available. Basically, this is where the finance company purchases the debt acquired by the business in exchange for repayment with interest. This is often performed at early stages of any small business.For those that need more cash flow, business loans are actually often a very common source of business financing. This is basically much like a personal loan and requires a solid credit standing as well as an incredible amount of potential. This should actually be something that is reserved for the harshest of economic times for any business.Investment in any business is also another incredibly common form of small business finance. Basically, this is something that involves a great deal of word or mouth and branding before it is offered to any company. Most businesses use this investment cash for expansion and upgrades to help the business grow and run efficiently over time.Another form of business finance is through equity finance. Most often, this type of funding requires a decent level of credit standing as well as a very solid forecast of growth and potential to attract equity financiers. In this process, the business owner relinquishes a level of their ownership in the company in exchange for a set amount of financing that requires repayment and constant reporting to the equity finance company.Finally, venture capital is often used as business finance for those wishing to take their business to the next level. This is acquired when a business is beginning the process of going public and wishing to sell themselves to the market. This funding is often used to increase the overall financial outlook of the company to make it more attractive.