80-87 Feat Power Base.indd
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80-87 Feat Power Base.indd
Power List 2013 20 Under They’re 40 or younger and they’ve accomplished more than many people twice their age. Introducing the best and brightest this business has to offer. 40 Around the office, we’ve taken to calling them youngsters. But that’s a little misleading. (A few wouldn’t be eligible if we made this list in 2014!) In an industry ruled by a rather, ahem, seasoned coterie of executives, we wanted to shine a spotlight on the next generation of decision-makers. They’re publicists, bloggers, retailers, designers, trade-show organizers, marketers, and manufacturers, but they've got a few things in common: They know their way around the social Web, and they're brighter than the jewels they sell/ promote/produce. Just try to keep up with them. We dare you. Lita Asscher, 35 President Royal Asscher America New York City Lita Asscher says her father, Dutch diamantaire Edward Asscher, told her: “Go learn someone else’s mistakes before you learn mine.” So after university in Amsterdam, she spent six years in sales at Dell and in 2004 became the sixth generation of her family to join Royal Asscher. One of her first moves: changing its business model. “I said to my father and uncle: I never met a woman that walks into a jewelry store and puts a diamond on her hand,” she says. “That is when we started the engagement ring line and went from a diamond company to a diamond and jewelry company.” She also brought in a trick she learned at Dell—a “power hour,” where people do nothing but call clients—and a passion for ethics; Royal Asscher is setting up a charity foundation. 80 ◆ JCK APRIL 2013 jckonline.com Ryan Berg, 39 Market president Lee Michaels Fine Jewelry Baton Rouge, La. scott Berg, 36 Market president Lee Michaels Fine Jewelry Baton Rouge, La. The Berg family charter says those hoping to join the nine-store chain must first work somewhere else. “It gives you humility,” says Ryan Berg. “When you’re in the family business, you're always going to be the boss’ son.” After getting their feet wet at companies ranging from Zale to Mayor's, Ryan and sibling Scott joined Lee Michaels and now serve as market presidents. They've also followed in the footsteps of father Lee by volunteering for industry associations. Their dad “is a great role model,” says Scott. “There hasn’t been a question where he’s said, ‘I haven’t seen that.’ ” Marc Bridge, 29 Vice president, marketing Ben Bridge Jeweler Seattle Amanda Gizzi, 33 Director of communications Jewelers of America New York City Marc Bridge has a law degree and even worked for the Washington State Supreme Court. But it didn’t take him long to realize that the law wasn’t for him. “On a good day in the law business, you get maybe one person who goes away happy,” he says. “With jewelry, when we do our job right, we have everyone smiling on the way out.” And so he moved to his family’s 70-store chain, starting as the company’s associate general counsel. But he soon moved to marketing and never looked back. “I read contracts every once in a while but not a whole lot,” he says. “One of the joys of a family business is that whatever needs doing, you end up doing it.” Eleven years ago, Amanda Gizzi replied to an ad in The New York Times—“the paper New York Times,” she notes—to work as a public relations assistant at the Jewelry Information Center. She’s been there ever since. (JA merged with JIC in 2009.) Her job includes promoting the industry to consumers in print, over the Internet, and on TV—as well as organizing events like the GEM Awards and JA’s annual fine jewelry preview for editors. While she never set out to work in the trade, Gizzi now considers it a natural fit. “I had a grandmother whose dresser was filled with jewelry,” she says. “I always played with it. So even though I didn’t grow up in the industry, my grandmother supported it.” Benjamin Clymer, 30 Founder Hodinkee.com New York City Daniel Gordon, 40 President Samuel Gordon Jewelers Oklahoma City In 2008, Benjamin Clymer, a strategic consultant for UBS, looked at the vintage Omega on his wrist and decided to blog about it. Clymer’s Tumblr grew so quickly that he soon left the Swiss bank to write full-time about Swiss watches for Hodinkee.com, a name he came up with by typing wristwatch into Google’s translator. (The Czech word hodinky had the best ring.) Now, he and his fourperson staff are pioneering a visionary editorial-commerce business model with a series of pop-up events to sell secondhand timepieces, plus collaborations with Gilt and Drake’s of London. “We’re doing something nobody else is doing online,” Clymer says, “and the Swiss are starting to understand that.” Daniel Gordon is perhaps best known to JCK readers as a social-network animal; at press time, he'd racked up 123,848 tweets and probably sent four more as you were reading this. Yet he insists his natural place is at a counter, not a computer. His father and grandmother welcomed him to the family store on his 23rd birthday by surprising him with a freshly printed box of business cards. He then formalized its buying, reorganized its operations, and vastly improved its technology. It’s one of the few jewelry stores with an app, plus a blog and a presence on every social platform imaginable. “When I started, there was no computer, no Internet,” Gordon says. “In three years, everything changed.” Jennifer Gandia, 38 Co-owner Greenwich Jewelers New York City Manhattan is home to an avalanche of fabulous jewelry stores, from the venerated to the cutting-edge. But downtown's Greenwich Jewelers has stood out since Jennifer Gandia and Christina Gandia Gambale took over the 39-yearold shop from their parents in 2011. Jennifer oversees its impeccably curated mix of high-end bridal (Anne Sportun, Mark Schneider), fashion (Alexis Bittar, Ben-Amun), and custom fine jewelry designs. “We debuted [fashion] lines at a time when fashion jewelry became so much a part of our vocabulary,” says Jennifer. “We were so much ahead of the curve on that.” She was also one of the first indie jewelers, in the early 2000s, to tap into the power of social media—and remains one of the savviest online jewelry marketers in the biz. Eric Grossberg, 36 Cofounder Brilliant Earth San Francisco Stanford University grad Eric Grossberg cofounded Brilliant Earth in 2005 to bring global ethics to the jewelry industry. Specializing in responsibly sourced jewels, the boutique/custom design firm tracks its stones to ensure they’ve been mined, cut, and finished in socially and environmentally responsible ways; uses recycled gold and platinum exclusively; and partners with advocacy groups to promote awareness about conflict diamonds, labor and mining issues, and environmental concerns in the industry. “Eric is truly exceptional at creating a vision of a more ethical, transparent, and sustainable jewelry industry,” says his Brilliant Earth partner, Beth Gerstein. “From the ground up, he has built an emotionally resonant brand that connects with a compassionate consumer.” jckonline.com JCK APRIL 2013 ◆ 81 Power List 2013 Greg Kwiat, 35 CEO Fred Leighton New York City Russell Kwiat, 33 Partner Kwiat New York City Greg Simonian, 28 President Westime Beverly Hills, Calif. Ivanka Trump, 31 Founder Ivanka Trump Fine Jewelry Collection New York City Greg Kwiat came to his family firm after five years working in investment banking at Goldman Sachs. (“It was a very different world,” he says.) He now runs Fred Leighton, the respected estate dealer and retailer the Kwiats purchased in 2009. Younger brother Russell, meanwhile, started right out of college, when he “fell in love with diamonds,” getting involved in everything from sales to marketing to sorting. “I think the industry has a lot of opportunity for young people,” Russell says. “You just have to discover for yourself what it is.” Show her your rings! Danielle Miele wants to see pics of your fingers stacked with band upon band—as do her 900+ Facebook fans, 5,400+ Twitter followers, and loyal readers of her 5-year-old blog, Gem Gossip. Retailers Doyle & Doyle and Catbird have submitted snaps; designers Atelier Minyon and Jemma Wynne have given her their digits. “No one in my family is in jewelry. I taught myself in the beginning,” says Miele, who also posts interviews with designers and photos of cool new pieces—particularly vintage. (She appraises jewels and apprentices to the owner at Walton’s Antique and Estate Jewelry in Franklin, Tenn.) Now, she’s got her own line of rings ($600–$1,700), a GIA degree in the works, and—wait for it!—150 rings. Greg Simonian was 10 years old when he sold his first watch at his father’s Los Angeles Swatch store. “Every model had its own name and SKU and I memorized all of them,” he recalls. After high school, he worked at Longines and Blancpain in Switzerland, but in 2010, the family business—which his father, John, had built into one of the West Coast’s premier watch retailers—pulled him in. Westime now operates five locations under Greg’s stewardship, including a new flagship on Sunset Boulevard (see Store We Adore, page 60). Simonian admits he’s at his clients’ beck and call—not that it fazes him. “I thought I didn’t want a job that you take home with you,” he says. “Now, that seems ridiculous because it means you’re not enjoying it.” Surely Ivanka Trump was born with the big business gene. But only three years after debuting her elegant Ivanka Trump Fine Jewelry Collection, the line has become a staple at dozens of indie and big-box jewelry retailers—including Neiman Marcus and Nordstrom—in the United States and abroad. The jewelry is stylish and trend-right, but never at the expense of classic good taste. And Trump’s down-to-earth attitude is as much an asset as her last name. “She came in when she was pregnant and introduced herself to everyone,” says a staffer at Long’s Fine Jewelers in Burlington, Mass., which stocks the line. “We thought she would show up with an entourage. She came by on the train with her husband like any other person.” Matt Lauzon, 28 Chairman Gemvara Boston Michelle Orman, 38 President Last Word Communications New York City Paul Tacorian, 37 President, sales and marketing Tacori Enterprises Glendale, Calif. Scott Udell, 29 Founder TWO by London Manhasset, N.Y. Matt Lauzon got interested in jewelry when a friend, who had family in the business, told him it was undergoing massive change. The young entrepreneur smelled an opportunity, and while still in college, the two founded Paragon Lake, which sold custom pieces through computer terminals in retail outlets. In 2009, the business became Gemvara, selling what it calls “customer-designed jewelry” over the Internet. Lauzon serves as chairman after several years as CEO; he is scouting new opportunities, but hints that he might do more in jewelry: “That my business was able to get off the ground says to me there are people who are innovative and want to make sure it continues to thrive.” Jewelry “wasn’t really a focus” in Michelle Orman's hometown, Mankato, Minn. (a small town that made a few cameos in Little House on the Prairie). “You maybe wore it to the prom,” she says. But while working her way through college bartending, a customer told her about an internship at Seiko. From there she went to the Jewelry Information Center, which led to opening her own PR firm. She now spreads the word about designers, companies, and groups such as the Women’s Jewelry Association. “I love that you have personal relationships,” she says. “The friends I see on a day-to-day basis are from the industry. If I had not joined the jewelry industry, I would have a dull social life.” When Paul Tacorian joined the company founded by his Romanian immigrant parents in 1997, it consisted of four people. The next year, the jeweler developed its famed Tacori Crescent. Then, Tacorian, who'd studied sales and marketing in college, looked to expand Tacori's reach. “We were one of the first brands to branch out of bridal magazines and into fashion magazines,” he says. Its next big breakthrough was being featured in the 2003 wedding of Bachelor stars Trista Rehn and Ryan Sutter. Today, Tacori is far bigger and higher-profile, but Tacorian hasn’t forgotten his roots: “You get to work with your family; my best friend is the SVP of sales. It’s a good place to be.” Taking the intimidation out of jewelry buying is the mission behind TWO by London, the nearly 2-year-old shop tucked inside London Jewelers on New York’s Long Island. Scott Udell, a fourthgeneration family owner of London Jewelers, opened the sleek store to, as he says, “get a younger demographic.” The bridal-only boutique features large computer screens playing video tutorials on diamond quality and decor akin to a feminized Apple store. Six months after TWO by London’s opening, Hearts On Fire debuted its digitally savvy concept stores targeting younger shoppers. But Udell—very much a part of the generation to which he’s marketing—was there first. Jonathan Mervis was an undergrad when he started Crooked Monkey, a line of humorous T-shirts that found its way to Nordstrom and Lord & Taylor. Yet his jeweler-father asked: “Why are you working so hard to sell one T-shirt? You can make much more on a diamond.” Eventually Mervis sold his share of Crooked Monkey and joined his family’s D.C.-area three-store chain. Despite working there for almost four years, he still sees himself as an outsider, looking at the operation with fresh eyes. “The more you uncover about a business, the more you uncover cobwebs, old systems,” he says. “But then you find some real gems. We have boxes and boxes of letters from customers. Who has ever written Blue Nile a handwritten letter? Why don't we promote this?” ◆ JCK APRIL 2013 jckonline.com John Tierney, 37 Industry vice president LUXURY and Swiss Watch at JCK Reed Exhibitions Norwalk, Conn. Michael Schechter, 33 Digital marketing director Honora New York City For a self-professed “tech geek,” joining the family pearl business seems like an odd choice. But Michael Schechter wanted to be in jewelry since childhood, and he’s certainly managed to marry his twin passions. As Honora’s resident Internet guru, he frequently speaks and writes (for JCK, among others) about the need for jewelers to become more digitally savvy. He admits when he first started touting social networks people saw them as a waste of time. “Now I think people realize that, like the telephone and email, this is not going away,” he says. And yet, for someone who’s so linked to the “new world,” what he likes most about this business is its old-world flavor. “It’s so relationship-based,” he says. “There’s so much trust in a handshake. That’s always appealed to me.” TRUMP: CRAIG BARRITT/GETTY IMAGES Jonathan Mervis, 29 Director of business development Mervis Diamond Importers Washington, D.C. 82 Danielle Miele, 28 Founder GemGossip.com Nashville, Tenn. John Tierney remembers his first JCK Las Vegas show in 2002. “It was a pretty overwhelming experience,” he says. “You could see the energy, the passion, the intensity, so many different organizations, companies. You were watching the industry come together in a dynamic way.” Tierney started with Reed Exhibitions in 1999, shortly after college. Three years later, he moved to the JCK show; about a decade after that, he took over the LUXURY and Swiss Watch portfolios. Now he can’t imagine working on an event in any other field. “You don’t see many industries these days that are comprised of so many small businesses, so many family businesses,” he says. “I feel I’m a part of the industry.” Alex Woo, 39 Founder Alex Woo Inc. New York City How do you know you’ve made it as a New York City designer? When your pieces pop up on a signature I-heartNY show—like Alex Woo’s did on every season of Gossip Girl. “Almost every female character wore at least one of my designs,” says Woo, whose Little Letter pendant has a recurring role on The CW’s NYC-themed The Carrie Diaries. A onetime JCK show Design Center Rising Star (and JCK Rock Star runner-up!), Woo grew up with a bench jeweler father. But it was a 1998 Women’s Jewelry Association contest that inspired her to create her own collection. “I won the grand prize—competing with professional designers from all across the country,” she recalls. “That gave me a vote of confidence.” And if you make it here, well, you can make it anywhere. jckonline.com JCK APRIL 2013 ◆ 83 Power List 2013 Ruediger “Rudy” Albers Fyodor Andreev Bernard Arnault 84 1. Ruediger “Rudy” Albers President American Wempe Corp. Business is booming at Albers’ boutique on Manhattan's Fifth Avenue, where the inventory of prestigous timepiece brands reads like a veritable who’s-who of the watch business. 2. Fyodor Andreev President and CEO Alrosa While De Beers may have reclaimed the mantle of the world’s largest diamond producer, the comparatively low-profile Alrosa stands a close second. 3. Bernard Arnault CEO, LVMH One of the world’s richest men, Arnault has built LVMH into a luxury colossus that keeps expanding its presence in our industry; in the last few years alone, he’s gobbled up Bulgari, Hublot, and Swiss dial maker ArteCad. Donna Baker 4. Donna Baker President Gemological Institute of America GIA remains the leading lab in the diamond trade, and its research and education still set the standards for the gemological world. Michael Barnes 5. Michael Barnes CEO Sterling Jewelers Barnes heads what is arguably the most successful jewelry chain in the world; with his purchase of outlet chain Ultra Stores, he has shown he’s not afraid to make bold moves. ◆ JCK APRIL 2013 jckonline.com Robert Gannicott 7. David J. Bonaparte President and CEO Jewelers of America As the recently appointed leader of America’s preeminent jewelry organization, Bonaparte is dedicating himself to expanding its membership. David J. Bonaparte Henry Cheng 8. Henry Cheng Executive chairman Chow Tai Fook By some estimates the world’s largest jeweler, Chow Tai Fook owns 1,654 j ewelry points of sale and 78 watch points of sale in Hong Kong and mainland China and, under Cheng’s direction, hopes to hit 2,000 by the end of the next fiscal year. Mehul Choksi 9. Mehul Choksi Chairman and managing director Gitanjali Group One of the Indian industry’s major manufacturers, Gitanjali also owns the 104store Samuels chain in the United States, which last holiday announced a stunning 12 percent gain in comps. François Curiel Stanislas de Quercize Peter M. Engel 10. François Curiel President, Christie’s Asia While 2012 didn’t see any spectacles like the prior year’s auction of Elizabeth Taylor’s jewelry collection, the venerable auction house did smash several world records and sold several notable stones, including the 76.02 ct. D-IF Archduke Joseph Diamond. 11. Stanislas de Quercize, CEO, Cartier The 166-year-old French “jeweler of kings” released a number of groundbreaking new watches at this year’s Salon International de la Haute Horlogerie, and last year premiered its first (two-years-inthe-making) TV commercial. 12. Peter M. Engel CEO, Fred Meyer Jewelers Long considered an odd fit with its parent company—supermarket giant Kroger— 340-store Fred Meyer Jewelers has nonetheless turned into a steady performer and America’s third-largest jewelry chain. Cecilia Gardner 13. Robert Gannicott President and CEO Harry Winston (now Dominion) Gannicott’s company may have sold its retail arm to the Swatch Group, but its purchase of Ekati will make it the fourthlargest diamond producer in the world— and he’s eyeing even more acquisitions. 14. Cecilia Gardner President, CEO, and general counsel Jewelers Vigilance Committee At the intersection of politics and jewelry stands Gardner, whose job now involves meeting with government officials at agencies ranging from the State Department to the Fish and Wildlife Service. Ian Harebottle G. Nicolas Hayek Jr. 15. Janet Goldman, CEO, Fragments “The Trend Starts Here,” proclaims Fragments’ tagline—and it usually does, thanks to Goldman’s keen eye for designer diamonds in the rough. Janet Goldman 16. Jonathan Goldman CEO, Frederick Goldman Inc. With brother Richard, Goldman has turned the New York City jewelry manufacturing company into an industry power house with no fewer than five brands under its umbrella: Goldman, Diana C lassic, ArtCarved, Lyric, and Triton. Jonathan Goldman Laurence Graff John and Marc Green hayek: bloomberg/getty images Without the 50 people who appear on this list (alphabetically), it’s safe to say that the jewelry and watch trade would be disrupted—if not made downright dysfunctional. Ruth Batson arnault: afp; cheng: bloomberg; de quercize: Samir Hussein, all getty images The Power Base 6. Ruth Batson Executive director and CEO American Gem Society Longtime head of the venerable industry group, Batson also recently took over AGS’ well-respected diamond grading lab. Björn Gulden Lisa Hubbard 18. John and Marc Green Owners, Lux Bond & Green In addition to heading their eight-store Connecticut chain, the brothers Green are a potent force in industry politics: Marc is first vice president of the Jewelers Vigilance Committee and on the board of the Jewelers’ Security Alliance; John sits on the Jewelers for Children and GIA boards. 19. Björn Gulden President and CEO, Pandora For all its ups and downs, Pandora is still the world’s preeminent charm brand, generating intense loyalty among consumers and jewelers alike. 21. G. Nicolas “Nick” Hayek Jr. CEO, Swatch Group Already the leading producer of watches and watch movements in the world, Swatch stunned the industry in January by purchasing legendary retailer Harry Winston for close to $1 billion. 22. Lisa Hubbard Chairman, North and South America International Jewellery, Sotheby’s Sotheby’s jewelry department had a record year in 2012, auctioning such headline-making gems as a 10.48 ct. deep blue and the legendary Beau Sancy. 23. Doug Hucker CEO, American Gem Trade Association As the gemstone industry grows in importance and prominence—at least in the United States—Hucker has played a key role in getting the word out. Doug Hucker 17. Laurence Graff Cofounder and controlling shareholder, South African Diamond Corp. (SAFDICO); founder, Graff Diamonds Group London dealer Graff is still a regular at the auction houses, snatching up an impressive array of once-in-a-lifetime stones, and his retail chain also is beginning to make a name for itself. 20. Ian Harebottle CEO, Gemfields While Gemfields may or may not reach Harebottle’s ambition of becoming the “De Beers of gemstones,” its acquisition of a wide range of gemstone mines as well as storied brand Fabergé certainly have made it a force to be reckoned with. Susan Jacques 24. Susan Jacques President and CEO Borsheims One of the few independent jewelers owned by a conglomerate—and not just any conglomerate, mind you, but Berkshire Hathaway—Jacques has become an articulate spokeswoman on industry issues and a leading behind-the-scenes force in trade groups. Harvey Katner 25. Harvey Katner CEO, Blue Nile Having taken over the industry’s leading e-tailer, the former head of Moosejaw Mountaineering is determined to make his site more than just the “Amazon of jewelry.” John J. Kennedy 26. John J. Kennedy President Jewelers’ Security Alliance No matter where you work in the industry, security is always a concern, and Kennedy’s organization has worked tirelessly at keeping trade members safe for more than a century. jckonline.com JCK APRIL 2013 ◆ 85 Power List 2013 Michelle Obama 28. Theo Killion CEO, Zale Corp. After a tough few years, Killion has put 1,770-store Zale Corp. back on the comeback trail—and even rival Sterling is beginning to notice. Theo Killion Michael Kowalski Eddie LeVian Kimberly McDonald Dilip Mehta Philippe Mellier 86 ◆ 29. Michael Kowalski Chairman and CEO Tiffany & Co. In addition to heading one of the biggest brands in this (or any) sector, Kowalski has transformed the 175-year-old retailer into one of the industry's most socially conscious companies. 30. Eddie LeVian CEO, Le Vian Corp. On top of being a leading manufacturer, the Great Neck, N.Y.–based Le Vian has seen its trademark Chocolate Diamond collection become a staple at Sterling. 31. Kimberly McDonald Jewelry designer She’s turned funky, forgotten rocks like agate and geodes into celebrity favorites. Just ask Michelle Obama, who wore her diamond jewels to the 2013 Inaugural Ball, sending so many fans to McDonald’s website that it promptly crashed. 32. Dilip Mehta CEO, Rosy Blue Mehta’s company generally is considered one of India’s biggest diamond manufacturers—which also means it’s one of the world’s biggest manufacturers—and he is a frequent speaker on industry affairs. 33. Philippe Mellier CEO, De Beers De Beers is no longer the superpower it once was, but it’s still the biggest name in the diamond business, selling an estimated 40 percent of world production. JCK APRIL 2013 jckonline.com Carolyn Rafaelian Beryl Raff Johann Rupert 39. Johann Rupert Executive chairman Richemont Luxury giant Richemont owns everything from venerable jewelers such as Cartier and Van Cleef & Arpels to relative up-and-comers like luxury dot-com Net-A-Porter. 40. Lorraine Schwartz Jewelry designer She’s Hollywood's new Harry Winston, with a stream of A-listers—including Heidi Klum, Blake Lively, and the always-loyal Beyoncé—regularly modeling her intricate jewels on awardsshow red carpets. 46. Joanne Teichman Owner, Ylang23.com Aspiring jewelry designers consider her 27-year-old fashion- forward boutique the holy grail of retail accounts. Joanne Teichman 47. Candy and Mark Udell President and CEO, London Jewelers The Glen Cove, N.Y.–based chain looms large over indie retail through progressive merchandising and larger-thanlife marketing (e.g., creating Victoria Secret’s $2.5 million gem-covered bra). Candy and Mark Udell 48. Dennis Ulrich, CEO, Richline Under the careful eye of owner Warren Buffett, Ulrich’s middle-market giant just keeps growing; it recently acquired equipment manufacturer Rio Grande. 42. Russell Simmons, cofounder, Diamond Empowerment Fund Simmons owns a jewelry c ompany, but he's more famous as the force behind DEF, the glitzy charity that's backed by everyone from De Beers on down. Russell Simmons 36. Beryl Raff Chairwoman and CEO Helzberg Diamonds Raff heads the industry’s third-largest jewelry chain, and made waves a few years back by joining the AGS. Glenn Rothman Lorraine Schwartz Glen Senk 35. Carolyn Rafaelian Owner Alex and Ani Perhaps the most notable jewelry success story of the past few years, Alex and Ani expects to double its sales this year and recently made a splash with its much-buzzed-about Super Bowl ad. 37. Ippolita Rostagno Founder and creative director Ippolita During the course of 14 years, the Italian-born designer has built a jewelry empire on an instantly recognizable (and much duplicated) signature style with wide appeal. 38. Glenn Rothman Cofounder and CEO Hearts On Fire Rothman heads what is perhaps the country's best-known diamond brand, and he’s got aggressive plans for a retail chain. Ippolita Rostagno 41. Glen Senk, CEO, David Yurman The former CEO of Urban Outfitters, Senk surprised the business world by jumping to the famed designer jewelry house; a series of high-profile hires signals further expansion. 34. Michelle Obama First lady of the United States The fashionable FLOTUS has championed little-known contemporary designers—from Brazilian Mary Esses to Texas A&M grad Katie Decker— earning major kudos from the jewelry industry, which can’t help but love her for the exposure. Thierry Stern Matt Stuller Elliot Tannenbaum obama: MCT; rupert: Gareth Cattermole, both getty images Dione Kenyon 27. Dione Kenyon President Jewelers Board of Trade It would be nearly impossible for a credit-based industry such as jewelry to function (let alone thrive) without the JBT and its widely watched ratings and statistics. 43. Thierry Stern President, Patek Philippe Stern—who took the reins of the Geneva watchmaker from his father in 2009— has final say on which of his brand’s timepieces end up in collector hands, decisions that can mean millions of dollars on the secondary market. 44. Matt Stuller Founder and chairman, Stuller Not only do Stuller and his Louisianabased company rank as one of America’s most prominent manufacturers, but they are also a growing force in the technology realm, thanks to the acquisition of software company Gemvision. 45. Elliot Tannenbaum, senior principal, Leo Schachter Diamond Group In 2011, Leo Schachter dethroned LLD as Israel’s No. 1 diamond exporter. But it may be best known in the United States as the entity behind Sterling’s Leo. Dennis Ulrich Stephen Webster Yancy Weinrich 49. Stephen Webster, jewelry designer With skills honed in London’s Hatton Garden and perfected over a 30-plusyear career, Webster runs a global designer jewelry business with a muchcopied aesthetic—faceted rock crystal over colored stone began with his Crystal Haze line—that’s as fun as it is fine. 50. Yancy Weinrich Group vice president, JCK Events After inheriting the mantle of group vice president from new JA head David J. Bonaparte, Weinrich now manages a portfolio that includes the famed Las Vegas show, LUXURY, Swiss Watch at JCK, LUXURY Privé (New York City and Panama), and this magazine. n