SKKY Companions will concentrate on investing in client and media companies, they stated in a tweet. Kim Kardashian will function a co-founder and co-managing associate, whereas Jay Sammons will deal with the day-to-day operations of the agency. Kris Jenner, will even be a associate on the agency.
“Collectively we hope to leverage our complementary experience to construct the subsequent era Client & Media non-public fairness agency”, stated the truth star turned entrepreneur in a tweet.
Kim’s enterprise associate Sammons is the previous international head of client, media and retail on the Carlyle Group, an American multinational funding agency.
His shoppers included well-known manufacturers Supreme, Beats by Dr. Dre, Vogue Worldwide, Moncler, and McDonald’s China, in keeping with his LinkedIn web page.
The fact star, who shot to fame after showing on her household’s present “Preserving Up With the Kardashians”, has lately seen entrepreneurial success and is alleged to have a internet value of $1.8bn, in keeping with Forbes.
She launched a shapewear label Skims in 2019 which was estimated to be value $3.2bn in January, in keeping with The Wall Avenue Journal. The entrepreneur additionally launched a skin-care model SKKN BY KIM earlier this yr.
The 41-year-old is the most recent celeb to launch their very own non-public fairness and enterprise capital funding companies, following within the likes of Gwyneth Paltrow, Leonardo DiCaprio and Ashton Kutcher.