Jacob Arabo
Encyclopedia
Jacob Arabo is a Bukharian-American jeweler who is owner and founder of Jacob & Company. He is known for providing watches and other jewelry to hip hop
Hip hop music
Hip hop music, also called hip-hop, rap music or hip-hop music, is a musical genre consisting of a stylized rhythmic music that commonly accompanies rapping, a rhythmic and rhyming speech that is chanted...

 artists, National Basketball Association
National Basketball Association
The National Basketball Association is the pre-eminent men's professional basketball league in North America. It consists of thirty franchised member clubs, of which twenty-nine are located in the United States and one in Canada...

 players, and other celebrities like Sir Elton John, Bono
Bono
Paul David Hewson , most commonly known by his stage name Bono , is an Irish singer, musician, and humanitarian best known for being the main vocalist of the Dublin-based rock band U2. Bono was born and raised in Dublin, Ireland, and attended Mount Temple Comprehensive School where he met his...

, David Beckham
David Beckham
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 and Rudy Giuliani
Rudy Giuliani
Rudolph William Louis "Rudy" Giuliani KBE is an American lawyer, businessman, and politician from New York. He served as Mayor of New York City from 1994 to 2001....

.

Early Life

Jacob Arabo, formerly Yakov Arabov , and his family emigrated from Uzbekistan
Uzbekistan
Uzbekistan , officially the Republic of Uzbekistan is a doubly landlocked country in Central Asia and one of the six independent Turkic states. It shares borders with Kazakhstan to the west and to the north, Kyrgyzstan and Tajikistan to the east, and Afghanistan and Turkmenistan to the south....

 at the age of 14, and came to live in the United States. As a youngster Arabo had an interest in his family’s jewelry and time pieces. At 16, he discontinued his formal education, and after showing some aptitude, he enrolled in a program that taught jewelry-making. Arabo quickly developed his natural talent and demonstrated superior skills, leading his instructor to encourage him to leave the course and begin his own career as a jewelry designer. By the time he was 17 years old, Arabo was designing his own pieces.

Career

Originally a designer for numerous jewelry brands and clients, Jacob Arabo soon became known amongst celebrities (most notably in the music industry), for creating custom jeweled pieces.

Initially selling his pieces from a kiosk in the Kaplan Jewelry Exchange (in the heart of New York City’s jewelry district), by the age of 21, Arabo had officially started his own jewelry business.
Although he started out offering moderately priced, traditional jewelry, Arabo’s design sense soon caught the eyes of celebrities, singers, and artists in the hip-hop and rap music world. In the early 1990s, as word about his workmanship spread, his clientele and business grew, and Arabo became known amongst aficionados as “Jacob the Jeweler”.

Arabo founded Jacob & Co. in New York City in 1981. Operating out of a "mine-inspired" storefront on East 57th Street, the townhouse space is replete with Jacob’s signature five-time-zone watches.

Arabo’s Jacob & Co. timepieces were among the lots selling at the highest prices at Antiquorum Geneva Auction in April of 2010. His Crystal Tourbillon was the top selling lot at $477,120 USD, and the firm’s titanium Napoleon Quadra was the third highest selling lot at $354,432 USD. In October, 2008 at the Sotheby’s Magnificent Jewels and Jadeite auction held in Hong Kong, a spectacular Jacob & Co. cushion-shaped diamond ring was the item that sold at the highest price; $5.78 million. At the same auction, a yellow gold and diamond necklace and earring set from Jacob & Co. was the fourth highest priced item (selling at $960,624).

For over 25 years, Jacob & Co. has created revolutionary jewelry and timepieces for discerning men and women. The innovations apparent in these pieces draw from the finest traditions of design and craftsmanship, and are appreciated by connoisseurs of fine jewelry. The originality and vision achieved by Jacob & Co. has become an enduring international phenomenon.

Awards

Arabo’s Five Time Zone “The World is Yours” Timepiece was a 2006 Travel and Leisure Design Award Winner.

Who wears Jacob & Co.

Angela Bassett
Angela Bassett
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, Jimmy Fallon
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, Gisele Bundchen
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, Sean “P. Diddy” Combs, Enrique Iglesias
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, Justin Timberlake
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, Verne Troyer
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, Fred Durst
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, David & Victoria Beckham, Sir Elton John, Karl Lagerfeld
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, Carmen Kass
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, Naomi Campbell
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, Stefano Gabbana, Mýa
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, Busta Rhymes
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, Nelly
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Cornell Iral Haynes, Jr. , better known by his stage name Nelly, is an Grammy Award winning American rapper and actor. He has performed with the rap group St. Lunatics since 1993 and signed to Universal Records in 1999. Under Universal, Nelly began his solo career in 2000 with his debut album...

, Wyclef Jean
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, Nas
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Nasir bin Olu Dara Jones, who performs under the name Nas , formerly Nasty Nas, is an American rapper and actor. He is regarded as one of the most important figures in hip hop and one of the most skilled and influential rappers of all-time...

, Tyrese
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, 50 Cent
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, Sharon & Ozzy Osbourne, Madonna
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, Jennifer Lopez
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, Bono, Michael Jordan
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, Tyson Beckford
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, Britney Spears
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, Sharon Stone
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, Beyonce Knowles
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, T.K. Hong Kong.

Video games

Arabo was featured in the game Def Jam Fight For NY, in which the players' hip-hop characters compete to earn cash with which they can buy jewelry from Jacob the Jeweler.

Philanthropy

Jacob & Co. generously donated the Champion’s prize a diamond encrusted watch worth $10,400 for the Wall Street Warfighters’ Foundation Charity Poker Tournament. The event took place on the Intrepid Sea, Air and Space Museum in New York City. The foundation helps disabled veterans find long-term employment in the financial services industry.

Controversy

In June 2006, Arabo was arrested for being part of a money-laundering scheme instigated by the Detroit-based Black Mafia Family
Black Mafia Family
The Black Mafia Family , was a drug--trafficking organization originally based in Detroit, Michigan. Founded by the Flenory Brothers , the organization began in the late 1980s. By the year 2000, they had established multi-kilogram cocaine distribution cells in cities throughout the United States...

, as well as for not declaring large cash purchases to the IRS. In October 2007, after admitting to lying to investigators, Arabo and his attorney, Ben Brafman, entered a plea in which the more serious charges of money-laundering were dropped. In June 2008, Arabo was sentenced to two and a half years in prison, fined $50,000, and ordered to forfeit $2 million to the U.S. government. Arabo was released from jail in April 2010.

External links

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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