Kim Kardashian’s next job: Wall Street investor

She partnered with former Carlyle Group executive Jay Sammons to SKKY Partnersis a new company investing in rapidly growing businesses across multiple sectors including hospitality, media and consumer products.
The fund has yet to start raising capital and SKKY has revealed little about its ambitions.But the duo said wall street journal SKYY to make “both controlling and minority investments in companies”.

“The exciting part is to sit down with these founders and figure out what their dreams are,” Kardashian told the Journal in an interview. “We want to support what it is. I just want to support and take them to another level instead of changing who they are in their DNA.”

Sammons left Carlyle this summer after a 16-year stint investing in several big names, including streetwear brands Supreme and Beats by Dre. He’s been involved with the Kardashian family for several years and pitched the idea to them. Kardashian’s mother and manager Kris Jenner will join SKKY as a partner.

The Kardashian-Sammons duo would make a complementary team, they said. I’m a woman. This could help SKKY attract business and promote the brands it invests in.

Kardashian started Skims, an acclaimed apparel business. about $3 billion Following a new round of funding earlier this year.
last year, Forbes claims that Kim Officially a millionaire thanks to Skims and her makeup line KKW Beauty. She holds assets in cash, investments and real estate.

Source: www.cnn.com

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