Kim Kardashian reportedly made around $1 million speaking at a hedge fund event in Miami, an unnamed source told Page Six.
The reality star turned business mogul spoke at the iConnections Global conference on January 31 about her private equity firm, SKKY Partners, which launched in October.
Kardashian launched the firm with former Carlyle Group partner Jay Sammons, known for investing in Beats By Dre and Supreme. Kardashian’s mother, Kris Jenner, is also a partner.
The firm will invest in consumer products, media, entertainment, hospitality, and luxury brands. Axios reported SKKY plans to raise more than $1 billion for its debut fund, which will be put towards investing in or purchasing non-publicly traded companies.Ron Biscardi, CEO of iConnections, a platform that connects allocators with fund managers looking to invest in businesses, did not verify the amount Kardashian made at the event, but said he appearance required two overflow rooms to accommodate all the people who wanted to watch her speak.
“I was happy to see so much support for a female fund manager in an industry dominated by men,” Biscardi told Page Six.
SKKY is just one of the multiple brands under Kardashian’s $1.8 billion empire, which includes her skincare line SKKN and her shapewear line, SKIMS.
In January, Kardashian spoke at Harvard Business School about SKIMS in a lecture for a class called “Moving Beyond Direct to Consumer,” which used the brand — valued at 3.2 billion — as a case study.