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America’s Richest Self-Made Women<br />
Bangle<br />
Billionaire<br />
By turning what women wear on their wrists into an<br />
affinity statement, Carolyn Rafaelian has grown the<br />
hippie brand Alex and Ani into a $1 billion company.<br />
Now America’s richest jeweler is working on<br />
world domination—and maybe an IPO.<br />
BY CLARE O’CONNOR<br />
PHOTOGRAPHS BY JAMEL TOPPIN FOR FORBES<br />
70 | FORBES JUNE <strong>13</strong>, <strong>2017</strong>