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Does Kanye Own Skims?

Published in Celebrity Business Ownership 2 mins read

No, Kanye West does not own Skims. While he does not hold ownership of the brand, he possesses a minority stake in the company.

Understanding Skims Ownership

Skims, the highly successful shapewear, loungewear, and essentials brand, was co-founded by Kim Kardashian West. She is the primary force and public face behind the brand, which has grown significantly since its launch.

  • Founder: Kim Kardashian West
  • Company Focus: Modern shapewear, loungewear, and undergarments for all body types.

Kanye West's Stake in Skims

Despite his former marriage to Kim Kardashian West, Kanye West's involvement with Skims is limited to a financial investment rather than ownership or operational control.

  • Investment: Kanye West holds a 5% stake in Skims. This minority stake contributes to his overall net worth and portfolio. You can find more details about his financial holdings here.
  • Role: He does not have an active role in the daily operations, creative direction, or management of Skims. His stake represents a passive investment in the company's success.

Key Facts About Skims Ownership

To clarify the distinction between ownership and investment, here's a quick overview:

Aspect Details
Primary Owner Kim Kardashian West
Kanye West's Role Minority investor with a 5% stake
Operational Control Solely with Skims' management team, led by Kim Kardashian West and partners
Brand Identity Strongly associated with Kim Kardashian West's vision and brand

In conclusion, Skims is fundamentally Kim Kardashian West's brand, with Kanye West holding a minor investment stake in its financial performance.