Transgender Buys Miss Universe Organization For $20 Million | Beauty Pageants

A Thai media tycoon and transgender girl has purchased the Miss Universe Organization for $20 million, and can now henceforth host the worldwide magnificence pageant.

Anne Jakkaphong Jakrajutatip, the CEO of JKN Global Group PCL, a Thailand-based media distribution firm, is thought for her position in Thai variations of actuality exhibits together with her hit present “Project Runway.”

But as a transgender girl, she has additionally been outspoken about her experiences, and has labored in advocacy for transgender rights in Thailand.

Her firm, JKN Global Group have now introduced the takeover of the sweetness pageant, saying in a information launch it deliberate to develop the Miss Universe Organization by increasing in Asia – and releasing new merchandise together with skincare, cosmetics, way of life merchandise, dietary dietary supplements and drinks.

Jakkaphong mentioned the corporate was “incredibly honored” to purchase the corporate.

“We seek not only to continue its legacy of providing a platform to passionate individuals from diverse backgrounds, cultures, and traditions, but also to evolve the brand for the next generation,” she mentioned.

In a joint assertion, the CEO and president of the Miss Universe Organization mentioned they had been “excited to continue the evolution of the Miss Universe Organization with JKN.”

“Our progressive approach continues to position us at the forefront of our industry,” they mentioned.

The buy makes Jakkaphong the primary girl proprietor of the Miss Universe Organization, in line with the JKN information launch.

The Miss Universe magnificence contest, one of many world's most-watched pageants, has been operating since 1952.