Who is Jack Teixeira, the Pentagon Documents Leaker?

Kim Kardashian (@KimKardashian) · Twitter

Reality TV star Kim Kardashian has expanded her activities into the business world, entering another sector after cosmetics and underwear, by announcing on Wednesday the creation of SKKY Partners to invest in private equity.

The American star, who gained wide fame through the “Keeping Up With the Kardashians” program, explained in a tweet via Twitter, that she founded the company with expert in this field, Jay Sammons.

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

Kim Kardashian added that her mother, Kris Jenner, who was also a character on the reality TV show, "will be a partner" in this company.

Kim Kardashian's new business venture

Sky Partners seeks to invest in a number of sectors, including “digital, consumer products, e-commerce, media, hospitality and luxury products,” according to a post on the company’s Instagram account.

The reality TV show "Keeping Up With the Kardashians", which was broadcasting the daily lives of the wealthy Los Angeles family, was a huge success until it was discontinued in 2021.

And it was not from the family at that time but to ride the wave of streaming and contracted with “Disney” to launch a new program with a very similar concept on the “Hulu” platform.

This program has enabled Kim Kardashian, now 41, to achieve massive wealth. Using her fame to build a business empire, she launched the cosmetics group (SKKN BY KIM) and the women's lingerie brand (Skims).

kim kardashian net worth

Forbes magazine estimated Kim Kardashian net worth at $1.8 billion.

Jay Sammons, a former executive at The Carlyle Group, an investment firm, told the Wall Street Journal that he contacted Kim Kardashian and Kris Jenner this summer about the company.

As for Kim Kardashian, she considered in a statement to the newspaper that “the most exciting part is talking to these founders and understanding their dream,” revealing that her company intends to start its first investment before the end of the current year.