A jewelry storage apparatus is disclosed that combine a traditional jewelry storage box with a hanger to utilize vertical space in a closet. One embodiment is an apparatus for storing jewelry that comprises a hanger and a storage structure affixed to the hanger where the storage structure comprises a ring structure with a base and compression slits for holding rings in a display mode, a bracelet structure for suspending bracelets, an earring structure for displaying earrings, and a necklace structure for hanging necklaces. The apparatus is suitable for storing in a display-mode a large amount of various types of jewelry including rings, necklaces, earrings and bracelets in both a scratch-free mode and a tangle-free manner.