What Is Peter Marco’s Net Worth?
Peter Marco (real name – Peter Voutsas) is the owner of Peter Marco Extraordinary Jewels of Beverly Hills and has a net worth of $150 million. Peter is renowned for his extraordinary diamond creations.
There is not much information about Peter’s childhood except that he grew up in a ”very poor area of New York where graffiti and garbage were all over.”
At age 14, Peter started to work as a cleaner for a New York jeweler. There, Voutsas had the opportunity to learn everything about the jewelry business.
He became a jeweler in less than a year, working specifically on custom jewelry work, polishing, and diamond settings.
After Peter finished school, he was promoted to sales. He traveled the world for 25 years selling jewelry for others across the US as well as in international markets.
Currently, Voutsas is the owner of a jewels store at 252 North Rodeo Drive, Beverly Hills, California 90210. His store offers necklaces, diamonds, bracelets, pendants, earrings, rings, and other accessories.
”We love to create pieces only passion can create, and we are blessed that you guys love it as much as we do,” Peter said in an interview.
All diamonds are GIA (Gemological Institute of America) certified. GIA analyzes loose diamonds and issues certified reports to detail the carat weight, clarity, cut, and color.
He told Anarkalli:
”My whole life just fell in the correct place and seem like it was the correct thing to do. It’s like a higher authority or guidance … this is what I was supposed to do.”
In 2008, Voutsas named his boutique Peter Marco Jewelers after his two sons.
His world-class diamonds have been worn on household names like:
- Michael Blakey;
- Shaquille O’Neal;
- Ricky Martin;
- Cardi B;
- Snoop Dogg;
- Offset from the Migos;
- The Weeknd;
- Floyd Mayweather;
- Sam Cassell;
- Paul Pierce.
In April 2014, Gepco, Ltd. announced that it has signed a letter of intent with Peter Marco, LLC (which owns Peter Marco Extraordinary Jewels of Beverly Hills) to acquire 100 percent of its outstanding equity interests, which are owned by Voutsas. Gepco, Ltd. entered into a Stock Purchase Agreement on October 15, 2013.
”We are extremely pleased to have reached an agreement with our CEO, Peter Voutsas, to acquire his business entity, Peter Marco, LLC,” said Executive Chairman Angelique de Maison.
In 2016, Peter produced the documentary ”We Are the Pearls.”
Millionaire businessman Farrah Gray and Peter co-created a $10 million diamond bejeweled jacket in March 2019. For anyone interested in buying the jacket, the precious item comes with Peter’s ”two-year all-inclusive warranty.”
On May 9, 2019, Peter started his self-entitled YouTube channel.
In December 2019, Marco filed a lawsuit against rapper Offset (real name – Kiari Kendrell Cephus) to get the nearly $50,000 Cephus owes him.
In May 2020, Peter filed a lawsuit against Rich the Kid for reportedly failing to pay for $234,000 in jewelry.
According to reports, the two are in business since October 2017. The rapper later wrote on his Instagram that he never procured Peter’s services. He wrote: ”I repeat @eliantte is my only jeweler!”
In June 2020, Marco released a mining and digging strategy game – ”Purple Planet” – on Google Play.
In July 2020, the renowned jeweler provided Demi Lovato’s engagement ring from actor Max Ehrich. The ring holds between 12-20 carats of diamond and is worth between $2.5 and $5 million. ”He put a lot of love and effort into this ring,” Marco confessed. He added: ”We were talking about it for six weeks.”
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Wife
Peter Marco is married to Esmerel Voutsas.
@Getty
Children
The couple has two sons.
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Quotes
”Do everything in your power to stay productive and keep moving forward.”
“From a young man or a boy, my values and my morals were always of the highest standards, and I always try to do the right thing.”
”Metamorphosis is a transformation of an idea to a sketch and then to a magnificent work of art to be adorned.”
”I surround myself with the most talented jewelers and designers.”
”Be real, because if you are a phony and you are fake, people pick up on that.”
Net Worth 2024 – Peter Voutsas
So, how much is Peter Marco worth? Marco earned most of his wealth from working in the jewelry business since age 14. When he was 20 years old, Voutsas was already a millionaire (in US dollars). Therefore, American jeweler Peter Marco has an estimated net worth of $150 million.
He is the owner of Peter Marco Extraordinary Jewels of Beverly Hills.
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I am Bulgarea Candin Stefan, and I founded FamousPeopleToday.com in 2018. I’m using my bachelor’s degree in economics and 9 years of experience in blogging to guide millions of people through the incredibly complex world of celebrity net worths.