Everything Kim Kardashian touches simply turns to gold. The reality star turned entrepreneur is basically a walking conglomerate at this point, and we love seeing her s-h-i-n-e! The billionaire mom of four is tackling a new venture as she expands her resume and launches her very own private equity firm. So let's take a closer look at what exactly The Kardashians star is doing this time...
The business mogul has proved to us the sky is the limit with her latest leap into the business world. The SKIMS founder has joined forces with former Carlyle Group partner Jay Sammons to launch a private equity firm, SKKY Partners. You heard us right! In just one week, Kim has dominated the news with her Interview magazine cover, Balenciaga winter campaign photoshoot, and now, for developing her own private equity firm. Is she superwoman? She might just be.
Anyways, back to the whole private equity thing. Kim took to her Instagram to share with her 329 million followers more about her latest business venture, and well, she broke the internet again! According to the SKKY Partners Instagram, the "company's target sectors include consumer products, digital & e-commerce, consumer media, hospitality and luxury," and "focuses on both control and minority investments in high-growth, market-leading consumer and media companies." Kim also shared that in addition to her co-founder Sammons, momager Kris Jenner will be hopping on board as one of the firm's partners. What a trio!
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Kim is the latest celeb to launch her very own private equity firm, joining the likes of Ashton Kutcher, Serena Williams, Kevin Durant, and Jay-Z. Although the fund's other investors and expected size are still unclear, Kim made it clear "what their dream is" as a firm. "I want to support" clients, and "not change who they are in their DNA," but "get them to a different level." Well, we cannot wait to see Kimmy take her talents to new degrees and use her skills as a brand founder to boost other companies -and continue being the ultimate boss, of course. Stay tuned.
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