Kris Jenner has filed the necessary legal documents to trademark Kardashian Jenner Productions. It looks like the "Momager" will oversee the new production company as president, and Kardashian Jenner Productions will oversee all things related to the famous family, including YouTube videos and social media.
News of the new company comes on the heels of the family is set to debut their new show, The Kardashians, on the streaming platform Hulu.
Jenner already has another production company, Jenner Communications, where she serves as CEO. The business has been used to manage the careers of her six children, Kourtney, Kim, Khloé, Rob, Kendall, and Kylie.
It’s unclear why Jenner decided to form a new company, but she likely wanted to be better situated to manage her growing family’s business ventures. While the matriarch used Jenner communications to manage the careers of her 6 kids, her empire is rapidly growing and now includes 11 grandkids. That’s a lot of Kardashian-Jenner’s that will be entering the family business.
The mother-turned-mogul is known for taking a 10% cut from her kids. Whether it’s modeling, licensing deals, or their beauty and fashion companies, Jenner has used her busy savvy to make sure she always gets a cut.
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Many members of the Kardashian-Jenner clan have launched their own successful businesses, including Kylie Cosmetics, SKIMS, Arthur George, 818 Tequila, and Poosh.
The Momager’s youngest daughter Kylie Jenner even poked fun at her mom when she launched a Kris Jenner collection with her cosmetics brand Kylie Cosmetics. Packaging for the collection featured a cartoon version of the matriarch with “10%” displayed on the lenses of her sunglasses.
Those managing fees, not to mention income from her personal business ventures, have helped make Jenner a very wealthy woman. The leader of the Kardashian Jenner clan has reportedly amassed a $190 million fortune.
It was recently reported that Jenner refuses to marry her longtime boyfriend Corey Gamble to protect her assets. The mogul is reportedly very aware of the differences in their fortunes, with Gamble’s net worth estimated to be only $3 million.
The family reportedly signed a $150 million deal to keep their show, Keeping Up with the Kardashians, on the E! network for five years back in 2017. The deal expired in 2020 and the family signed a new deal with Hulu.
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