Jacob the Jeweler is a Bukharian-American jeweler who has a net worth of $50 million. Jacob the Jeweler, also known as Jacob Arabo, earned his net worth as the owner and founder of Jacob & Co., a high end watch and jewelry maker. Jacob the Jeweler’s watches and other accessories are are well-known among hip-hop artists, athletes and many other high profile celebrities. Among some of his most prestigious clientele over the years have been Floyd Mayweather Sir Elton John, Bono, and David Beckham.