Kim Kardashian to Launch 2022: Kim Kardashian to launch a Private equity firm along with her former Carlyle partner

Reality TV celebrity and businessman Kim Kardashian and a former partner of Carlyle Group Inc. (CGO) are launching a brand new private equity company focusing on investing in media and consumer companies The Wall Street Journal reported Wednesday

The WSJ reports on interviews with them confirmed that the company that will be founded by the Kardashians as well as Jay Sammons will be called SKKY Partners

According to the report, the company plans to invest in various sectors, including food and beverage, hospitality and luxury digital commerce, and media

Kardashian has seen success with her latest ventures in business like the shapewear label Skims and the makeup brand KKW

This is due to her popularity among young consumers and the television star's large online following

Skims were estimated at $3.2 billion as of January

According to a WSJ article, SKKY plans to make both minority and control investments in businesses

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