Editors

Milt Gralla, 84: People who build

EditorsJul 12, 2012

Milt Gralla, 84: People who build

Milton Gralla, a legendary publishing executive in our business and whom many have known through his lifetime commitment to philanthropy, has passed away at age 84. Though National Jeweler was founded in 1906, it was when Milt and his brother...

Milton Gralla, a legendary publishing executive in our business and whom many have known through his lifetime commitment to philanthropy, has passed away at age 84.



Though National Jeweler was founded in 1906, it was when Milt and his brother Larry bought it in the 1970s as a property for their burgeoning trade publishing empire that it truly entered its golden and modern age, taking shape in the form we've known it for these past decades.


Milt and Larry were real creators, guys who built their highly successful business from the ground up. They began by shepherding together trade journalists in what may have been the first real national network of business-to-business "stringers"--talented reporters who could write on topics across a large span of disciplines. Milt and Larry quickly became known for their honesty and extreme level of trustworthiness among all who worked with and for them, a quality Milt told me several times laid the foundation for their success.


As they grew, a next logical step became the acquisition of magazines. And the Grallas conceived of and developed a readily embraced business model. They would buy properties that were widely recognized in their fields but not living up to their potential. Among an eventually large stable of such titles was National Jeweler, which was being published in Chicago as a monthly, digest-sized magazine.


The Grallas blew it up to its famous tabloid size and positioned it as the news provider to fine jewelry retailers. As such, it served as an essential provider of market news and analysis to generations of North American jewelers.


Milt had a special place in his heart for the jewelry business, and he quickly embarked on a lifetime of service within industry organizations. Especially near to his heart were Jewish philanthropic causes. And even before he had achieved the enormous success he and Larry would go on to enjoy, he established himself as a large donor and participant in a vast number of such efforts.


Milt tried to instill that ethic into those who worked with him, and many of us owe him immense gratitude for steering us along those paths that he pioneered for us.


Milt was a hands-on executive, who never placed himself above those who worked for him. He was reverered for rolling up his sleeves and digging in as a regular guy. He was the type of

leader executives and gurus today seem to pay endless lip service to. But he was the real deal.

He did things not just for personal profit. The term today might be "old-school." He did the right things because he believed in doing the right things. He created because he was enormously talented. He shared because he had the heart of a lion.


Milt was a mensch.


Even after he and Larry sold the business they created, they continued to attend company meetings to ensure that those they had left behind were being treated fairly. He continued in his philanthropic ways and expanded to take on teaching journalism courses to young, eager students at a number of institutions, never forgetting the head start given to him by his education in journalism at the City College of New York. Milt loved mentoring young professionals entering the craft and endeavored to give them a leg up as they started out.


I have spent the vast majority of my professional career and nearly half my life trying to follow the example set by this man. In my 23 years at National Jeweler, I have never once forgotten or lost sight of the fact that this magazine was created by an extraordinary individual. And extraordinary individuals are few in life.


Thank you Milton Gralla, and may God grant you that very special place in heaven reserved for people like you.


The Latest

Romanov Sapphire
AuctionsNov 13, 2026
Historic ‘Romanov Sapphire’ Achieves $4.9M at Sotheby’s

The 197-carat Russian Crown jewel was the leading lot of Sotheby's white-glove Royal & Noble Jewels sale this week.

Maison Marcelle Équation Bracelet
CollectionsNov 13, 2026
Maison Marcelle’s Bracelet Flows Like Fabric

The “Équation” bracelet, our Piece of the Week, was built via 24 gold modules assembled into a piece that feels like fabric on the wrist.

Alter’s Gem Jewelry in Beaumont Texas
IndependentsNov 13, 2026
Texas Jeweler to Close After 111 Years

Alter’s Gem Jewelry in Beaumont, Texas, is closing as Brian and Lori Alter retire to spend more time with family.

dsf antique jewelry ceylon intaglio sapphire .jpg
Brought to you by
DSF Antique Jewelry: Fine Jewelry, Signed Designers, and a World of Rare Discoveries

With over 50 years experience in the trade, DSF Antique Jewelry offers quality, craftsmanship, condition, and remarkable variety.

Christine Olowonira, K. Angelo Jones, Ivi Kyratzi, Aaron Mak, and Haley Kim
Events & AwardsNov 13, 2026
Tiffany & Co., CFDA Unveil Second Jewelry Designer Award Finalists

Five finalists have been chosen for the Tiffany & Co. x CFDA Jewelry Designer Award’s second cycle.

Weekly QuizNov 12, 2026
This Week’s Quiz
Test your jewelry news knowledge by answering these questions.
Take the Quiz
Stock image of a gavel
CrimeNov 12, 2026
1 of 7 Men Charged in $100M Brinks Heist to Plead Guilty

Three of the other alleged perpetrators will stand trial next March, while two remain on the lam and one was deported late last year.

Bulgari Pink diamond
AuctionsNov 12, 2026
24-Carat ‘Bulgari Pink’ Diamond Sells for $14.8M

Unseen for more than seven decades, the fancy intense pink diamond was the star of Christie’s Geneva jewelry auction.

overnight btyb 1026.png
Brought to you by
How Overnight Mountings’ Bridal Builder Makes Custom Engagement Ring Design Easier to Sell

With customization becoming more expected in engagement ring shopping, the Bridal Builder makes the process tangible.

Zadok Jewelers Rolex showroom in Austin Texas
WatchesNov 12, 2026
Zadok Jewelers Now Offers Certified Pre-Owned Rolex Watches

The curated selection is available online and at its showroom in Austin, Texas.

Greenberg’s Jewelers family group photo
IndependentsNov 12, 2026
Greenberg’s Jewelers Welcomes New Fourth-Generation Members

The next generation understands what makes the 126-year-old retailer special, said CEO and Co-President Elise Greenberg.

GIA pink CVD diamond
Lab-GrownNov 10, 2026
GIA Examines Pink Lab-Grown Diamond Made to Look Natural

The 6-carat CVD-grown pink diamond was “deliberately modified” to mimic the appearance of a natural rough diamond, the lab said.

Screenshot of Botswana President Duma Boko during 2026 State of Nation address
SourcingNov 10, 2026
Botswana in Line to Take Controlling Stake in De Beers, President Says

If the Global Diamond Consortium emerges as the top bidder for De Beers, Botswana’s stake will double to 30 percent, Duma Boko said Monday.

Emmanuel Raheb, CEO of Smart Age Solutions
ColumnistsNov 10, 2026
Who Checks the Facts When AI Writes Your Jewelry Copy?

An incorrect AI-generated ad or product description can cost your store valuable consumer trust.

Gem Awards Gala 2026
Events & AwardsNov 09, 2026
Here Are the 2027 Gem Award Nominees

These nine individuals and brands are up for a Gem Award in the Jewelry Design, Media Excellence, and Retail Innovation categories.

Stock image of crime scene tape
CrimeNov 09, 2026
Jeweler Pistol-Whipped, $900K in Jewelry Stolen During Home Invasion

The incident, which happened in Miami-Dade County, serves as a reminder to jewelers of the dangers of selling and storing jewelry at home.

Tourmaline inclusion in muscovite mica
GradingNov 09, 2026
GIA Acquires Thousands of Gem Specimens With ‘Extraordinary’ Inclusions

GIA Analytical Microscopist John Koivula curated the collection of 2,665 crystals, gems, and minerals over a 60-year span.

 Bibi van der Velden Eclipse Campaign Imagery
CollectionsNov 09, 2026
Bibi van der Velden’s Alligators Become High Jewelry

The “Eclipse” collection, the brand’s first high jewelry line, centers its alligator motif in diamond and spinel jewels.

Pat Pruitt Dragonfly Earrings
TrendsNov 06, 2026
Pat Pruitt’s DragonFly Earrings Take Flight on Election Night

Groundbreaking New Mexico Governor-elect Deb Haaland wore the earrings, our Piece of the Week, when she declared victory on Tuesday.

Colin Jost in Kay Jewelers holiday ad
MajorsNov 06, 2026
SNL’s Colin Jost Finds the Perfect Gift in Kay Jewelers’ Holiday Ad

Jost goes on an epic journey, traversing rough seas and encountering a cyclops, to discover the perfect holiday gift.

GCAL 8X_NJSB_1.jpg
Supplier BulletinNov 05, 2026
Winning With GCAL 8X®: What’s Working at the Counter

Sponsored by GCAL by Sarine

Wrapped holiday gift boxes
SurveysNov 05, 2026
What Retailers Should Know About Holiday Shoppers This Year

From shrinking budgets to AI elves, here are five takeaways from holiday reports by Bain, Adobe, Mastercard, NRF, and insights from YouGov.

Little Pet Portrait Pendants by Russell Jones & Judi Powers
CollectionsNov 05, 2026
Judi Powers, Russell Jones Unleash Joy With New Collaboration

The designers combined their talents for Little Pet Portraits, hand-painted miniatures of our best friends set in a piece of jewelry.

Brilliant Earth Elizabeth Taylor jewelry
FinancialsNov 05, 2026
Brilliant Earth Continued to Resonate With High-Income Shoppers in Q3

Its non-bridal fine jewelry remains the star of the show, recently launching new collections inspired by Elizabeth Taylor and Jane Goodall.

Swarovski Joy: The Swarovski Musical Campaign with Ariana Grande
MajorsNov 05, 2026
Ariana Grande Stars In Swarovski’s Holiday Campaign

“Joy: The Swarovski Musical” features Ariana Grande as the leading lady in scenes inspired by classic musical montages.

GIA logo
GradingNov 05, 2026
GIA to Offer Next-Day Holiday Services

The lab will bring back its complimentary next-day service for some reports starting next week.

Cartier bracelet and ring
CrimeNov 04, 2026
$250K+ in Undeclared Cartier Jewelry Seized at Philadelphia Airport

A Pennsylvania woman failed to declare a ring and a bracelet, discarding the boxes and receipts to conceal the purchases, officials said.

Pandora celestial chandelier earrings
FinancialsNov 04, 2026
Pandora’s Q3 Sales Up 7% Amid Focus on Design

New collections and relevant marketing pushed the company forward, while Pandora’s lab-grown diamond sales continue to lag.

×

This site uses cookies to give you the best online experience. By continuing to use & browse this site, we assume you agree to our Privacy Policy