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Kim Kardashian is launching a private equity firm, in association with a well-known name in finance, Jay Sammons.
The most famous reality TV star is taking on a new challenge. After having founded her cosmetics brand and her clothing line, then having announced her wish to become a lawyer, Kim Kardashian is starting a private equity business. A news that she did not fail to relay to her followers on her Twitter account.
SKKY, the new baby of the star of social networks
The influencer with 329 million followers on Instagram has the means of her ambitions: she joined the very closed club of billionaires in the summer of 2021.
She plans to invest in media, entertainment, e-commerce or luxury.To this end, she has partnered with Jay Sammons, a veteran of finance and former head of the company Carlyle, the giant American investment in the unlisted.
SKKY Partners, the name of her new business, will take both controlling and minority stakes in companies.
Kim Kardashian also aims to bring her experience and knowledge to the companies in which SKKY will invest. Interviewed by the Walt Street Journal, the star said, “The exciting part is sitting down with founders and understanding their dreams.
I’m pleased to announce the launch of @SKKYPartners with private equity veteran Jay Sammons as co-founder and co-managing partner, along with @KrisJenner who will serve as partner at our firm. pic.twitter.com/KExQTsVGbf
— Kim Kardashian (@KimKardashian) September 7, 2022
Jay Sammons, the man with a flair
But this idea of private equity comes largely from his partner, Jay Sammons.
He is notably known for his shareholding in the streetwear brand Supreme. The businessman approached Kim Kardashian and her mother Kris a few months ago to propose them to launch this new adventure. The idea is to do wonder by combining his experience in finance and influence of the American star and businesswoman and his ability to develop businesses.
“I’ve had the privilege of spending my career partnering with the founders and leaders of some of the most influential and culturally revolutionary consumer brands of our time,” recalled the co-founder and co-manager of SKKY. Before adding, to “now look forward” in partnership with Kim and Kris, to building SKKY into the leading private equity firm that supports the next generation of innovative and disruptive consumer companies and brands.”
The goal for this new venture? To use the unique and complementary backgrounds of its founders to develop value creation in a portfolio of high-growth companies. In five words, to increase the capital of companies.
Read also>SKKN by Kim : We tell you all about Kim Kardashian’s new $630 skincare line
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Kim Kardashian is launching a private equity firm, in association with a well-known name in finance, Jay Sammons.
The most famous reality TV star is taking on a new challenge. After having founded her cosmetics brand and her clothing line, then having announced her wish to become a lawyer, Kim Kardashian is starting a private equity business. A news that she did not fail to relay to her followers on her Twitter account.
SKKY, the new baby of the star of social networks
The influencer with 329 million followers on Instagram has the means of her ambitions: she joined the very closed club of billionaires in the summer of 2021.
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Kim Kardashian is launching a private equity firm, in association with a well-known name in finance, Jay Sammons.
The most famous reality TV star is taking on a new challenge. After having founded her cosmetics brand and her clothing line, then having announced her wish to become a lawyer, Kim Kardashian is starting a private equity business. A news that she did not fail to relay to her followers on her Twitter account.
SKKY, the new baby of the star of social networks
The influencer with 329 million followers on Instagram has the means of her ambitions: she joined the very closed club of billionaires in the summer of 2021.
[…][/vc_column_text][vc_cta h2=”This article is reserved for subscribers.” h2_font_container=”tag:h2|font_size:16|text_align:left” h2_use_theme_fonts=”yes” h4=”Subscribe now !” h4_font_container=”tag:h2|font_size:32|text_align:left|line_height:bas” h4_use_theme_fonts=”yes” txt_align=”center” color=”black” add_button=”right” btn_title=”I SUBSCRIBE !” btn_color=”danger” btn_size=”lg” btn_align=”center” use_custom_fonts_h2=”true” use_custom_fonts_h4=”true” btn_button_block=”true” btn_custom_onclick=”true” btn_link=”url:https%3A%2F%2Fluxus-plus.com%2Fen%2Fsubscriptions-and-newsletter-special-offer-valid-until-september-30-2020-2-2%2F”]Get unlimited access to all articles and live a new reading experience, preview contents, exclusive newsletters…
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