SKKY Companions will concentrate on investing in shopper and media companies, they mentioned in a tweet. Kim Kardashian will function a co-founder and co-managing accomplice, whereas Jay Sammons will deal with the day-to-day operations of the agency. Kris Jenner, will even be a accomplice on the agency.
“Collectively we hope to leverage our complementary experience to construct the following era Client & Media non-public fairness agency”, mentioned the truth star turned entrepreneur in a tweet.
Kim’s enterprise accomplice Sammons is the previous world head of shopper, media and retail on the Carlyle Group, an American multinational funding agency.
His purchasers included well-known manufacturers Supreme, Beats by Dr. Dre, Vogue Worldwide, Moncler, and McDonald’s China, in response to his LinkedIn web page.
The truth star, who shot to fame after showing on her household’s present “Holding Up With the Kardashians”, has lately seen entrepreneurial success and is alleged to have a web value of $1.8bn, in response to Forbes.
She launched a shapewear label Skims in 2019 which was estimated to be value $3.2bn in January, in response to The Wall Road Journal. The entrepreneur additionally launched a skin-care model SKKN BY KIM earlier this 12 months.
The 41-year-old is the most recent movie star 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.
