Jacob the Jeweler Net Worth (Money & Salary)

Jacob the Jeweler Net Worth (Money & Salary)
April 12, 2025
—

Jacob the Jeweler’s Financial Status

Jacob the Jeweler, also known as Jacob Arabo, has accumulated a net worth of $50 million. He is the founder and owner of Jacob & Co., a company specializing in high-end watches and jewelry. Renowned for his creations, Jacob the Jeweler’s products are favored by various celebrities from the music and sports industry. Among his distinguished clients are Floyd Mayweather, Sir Elton John, Bono, and David Beckham.

Jacob received acclaim for his design “The World is Yours” Timepiece, winning the 2006 Travel and Leisure Design Award. His prominence in the hip-hop scene led to references in songs by artists like Jay-Z, Kanye West, and Nas. Notably, he sold a watch called “Billionaire” to boxer Floyd Mayweather for $18 million and offers a variation named “Millionaire” for $6 million.

Despite his success, Jacob faced legal issues, serving a sentence for involvement in money laundering and tax evasion. Following his imprisonment, Jacob was fined $50,000 and had to forfeit $2 million in assets to the U.S. government.

Background of Jacob the Jeweler

Born as Yakov Arabov on December 26, 1965, in Tashkent, Uzbekistan, Jacob demonstrated an artistic flair and craftsmanship from a young age. His family relocated to the U.S. when he was 14, seeking a better life. settling in New York. Despite financial struggles, Jacob pursued his passion in jewelry making, enrolling in a jewelry course and later establishing himself in the industry.

Photo provided by Jacob Arabo

Professional Journey

Recognized for his talent, Jacob founded Jacob & Co. at 21, focusing on innovative and opulent designs. He gained popularity among celebrities, especially in the music industry, being endorsed by artists like Notorious B.I.G. and Jay-Z. His clientele expanded to include prominent figures from various industries such as entertainment and sports.

His career milestones include creating the Five Time Zone collection in 2002 and establishing a presence in Geneva, Switzerland, in 2007. Jacob’s creations, like the Quenttin and Epic SF24 watches, garnered international attention and acclaim.

In his personal life, Jacob resides with his wife Angela and their three sons. Despite legal challenges, Jacob continues his legacy in the jewelry industry, leaving a mark with his unique and extravagant creations.

Challenge with the Law

Arabo faced legal accusations related to money laundering, leading to a prison sentence and hefty fines. Despite these setbacks, Jacob continues to innovate in his field and maintain his standing as a prominent jeweler in the industry.

Property Investments

In 2016, Jacob and Angela made a notable real estate investment in a NYC condo on Park Avenue that reflects their success and prosperity.

Data is from 2023 and 2024 and forecast data is for 2025 and 2026. We also expand the forecast data to 2027 and 2028.

* This information was taken from various sources around the world, including these countries:

Australia, Canada, USA, UK, UAE, India, Pakistan, Philippines, Indonesia, Nigeria, Tanzania, Kenya, US, United Kingdom, United States of America, Malaysia, U.S., South Africa, New Zealand, Turkey, United Arab Emirates.

Afghanistan, Albania, Algeria, American Samoa, Andorra, Angola, Anguilla, Antarctica, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan.

Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bermuda, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Bouvet Island, Brazil, British Indian Ocean Territory, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi.

Cambodia, Cameroon, Canada, Cape Verde, Cayman Islands, Central African Republic, Chad, Chile, China, Christmas Island, Cocos (Keeling Islands), Colombia, Comoros, Congo, Cook Islands, Costa Rica, Cote D’Ivoire (Ivory Coast), Croatia (Hrvatska), Cuba, Cyprus, Czech Republic.

Denmark, Djibouti, Dominica, Dominican Republic, East Timor, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Falkland Islands (Malvinas), Faroe Islands, Fiji, Finland, France, Metropolitan, French Guiana, French Polynesia, French Southern Territories.

Gabon, Gambia, Georgia, Germany, Ghana, Gibraltar, Greece, Greenland, Grenada, Guadeloupe, Guam, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Heard and McDonald Islands, Honduras, Hong Kong, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy.

Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, North Korea, South Korea, Kuwait, Kyrgyzstan, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Liechtenstein, Lithuania, Luxembourg.

Macau, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Martinique, Mauritania, Mauritius, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montserrat, Morocco, Mozambique, Myanmar.

Namibia, Nauru, Nepal, Netherlands, Netherlands Antilles, New Caledonia, New Zealand (NZ), Nicaragua, Niger, Nigeria, Niue, Norfolk Island, Northern Mariana Islands, Norway.

Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, Philippines, Pitcairn, Poland, Portugal, Puerto Rico, Qatar, Reunion, Romania, Russia, Rwanda, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and The Grenadines, Samoa, San Marino, Sao Tome and Principe.

Saudi Arabia, Senegal, Serbia, Seychelles, Sierra Leone, Singapore, Slovakia, Slovenia, Solomon Islands, Somalia, South Africa, South Georgia and South Sandwich Islands, Spain, Sri Lanka, St. Helena, St. Pierre and Miquelon, Sudan, Suriname, Svalbard and Jan Mayen Islands, Swaziland, Sweden, Switzerland, Syria.

Taiwan, Tajikistan, Tanzania, Thailand, Togo, Tokelau, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Turks and Caicos Islands, Tuvalu, Uganda, Ukraine, United Arab Emirates (UAE), UK (United Kingdom), USA (United States of America, U.S.), US Minor Outlying Islands.

Uruguay, Uzbekistan, Vanuatu, Vatican City State (Holy See), Venezuela, Vietnam, Virgin Islands (British), Virgin Islands (US), Wallis and Futuna Islands, Western Sahara, Yemen, Yugoslavia, Zaire, Zambia, Zimbabwe.