SKKY Companions will give attention to 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 following technology Shopper & Media non-public fairness agency”, stated the fact 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 purchasers included well-known manufacturers Supreme, Beats by Dr. Dre, Vogue Worldwide, Moncler, and McDonald’s China, in line with his LinkedIn web page.
The fact star, who shot to fame after showing on her household’s present “Retaining Up With the Kardashians”, has in recent times seen entrepreneurial success and is alleged to have a web price of $1.8bn, in line with Forbes.
She launched a shapewear label Skims in 2019 which was estimated to be price $3.2bn in January, in line with 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 newest superstar to launch their very own non-public fairness and enterprise capital funding corporations, following within the likes of Gwyneth Paltrow, Leonardo DiCaprio and Ashton Kutcher.