Kim Kardashian wears many hats with many feathers– a reality TV star, social media influencer, beauty mogul, law student, entrepreneur, and adding another feather to yet another hat, she has now launched her very own private equity firm: SKKY Partners.
Delving further into the world of business, in partnership with businessman, and veteran of the Carlyle Group, Jay Sammons. The new arrangement means that Kardashian will hold the prime title of co-founder and co-managing partner, and Sammons will focus and work on the day-to-day operations at the firm. Kris Jenner, Kim K’s momager, is also a partner at the new private equity firm.
SKKY Partners will mostly take on investments in media and consumer brands, including taking on control and minority investments in hospitality, luxury, and digital commerce. With Sammons having held the title of “global head of consumer, media, and retail” at the Carlyle Group for over 15 years, this newfound investing business has gumption in the rapidly evolving media world.
Kardashian is a multi-entrepreneur and has an impressive portfolio that includes her shapewear label Skims and latest skincare brand, SKKN by Kim. According to Forbes, Kim’s net worth has risen up to US $1.8 billion and the value of Skims reached $3.2 billion USD in January 2022.
