Kate Moss has reportedly joined hands with TV mogul Simon Cowell to launch 1-billion-dollar global entertainment company.

Apart from the two known celebrities, British businessman Sir Philip Green is also in the team.

The 35-year-old beauty will be directing the style and image of the brand, as well as giving fashion advice, and experts say if it is a success, she could double her fortune to $160 million.

Kate’s friend said:”She has been signed as a figurehead and style setter for the fashion end of the business.

She will bring her expertise to the table, advising on all branding and style for clothes, hair and accessories.

“She will also be involved in finding and signing new bands and promoting them. Something that has also been talked about is Kate developing her own singing career and starting a music label.