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

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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

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

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

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

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Skims were estimated at $3.2 billion as of January

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

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