A Thai trans activist and business tycoon has bought the long-running Miss Universe Organisation in a landmark deal. On 28 October, the CEO of JKN Global Group PCL, Anne Jakkaphong Jakrajutatip, announced the company’s acquisition of the world-renowned organisation for $20 million.
The international competition was previously owned by IMG Worldwide LLC, who bought it from Donald Trump 2015. In a press release, the public figure described the move as a “strong, strategic addition” to the business’ portfolio.
Before landing the landmark takeover, Jakrajutatip had made a name for herself on an array of reality TV shows, including Thai iterations of the popular Project Runway and Shark Tank franchises.
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