The A-Lister

Kim Kardashian launches SKKY Partners a 'Consumer & Media private equity firm' with Jay Sammons

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TIAH 4th Annual Fundraiser / Stefanie Keenan/GettyImages

Kim Kardashian is legal y'all! The beauty founder, who passed the baby bar last year, announced she's launches SKKY Partners a "Consumer & Media private equity firm" with Jay Sammons.

The reality star and multi-businesswoman has decided its time to venture into the world of finance, launching her own private equity firm with the help of a former partner from the US powerhouse the Carlyle Group.

In an Instagram post shared on Tuesday, the SKIMS founder announced the launch, revealing that her mom, Kris Jenner, will be acting a "partner" in the firm.

"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," she wrote.

"Together we hope to leverage our complementary expertise to build the next generation Consumer & Media private equity firm," Hulu's The Kardashians star vowed. Check out the post below!