Thai transgender businesswoman buys Miss Universe pageant for $20 million

A Thai transgender businesswoman has won the Miss Universe pageant for $20 million.

Jakapong “Anne” Jakrajutatip, CEO and largest shareholder of JKN Global Group, has signed a deal with IMG Worldwide, her company announced Wednesday.

Celebrity media mogul and transgender rights advocate Jakrajutatip first lady Own a beauty pageant organizer.

“We are extremely honored to acquire the Miss Universe Organization and work with its visionary leadership team,” said Jakrajutatip. reportedly in a statement Wednesday. The organization’s global reach, global relationships with his partners and brands, and extensive content, licensing and merchandising opportunities make this a strong and strategic addition to our portfolio. ”

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“We aim not only to continue our tradition of providing a platform for passionate individuals from diverse backgrounds, cultures and traditions, but also to evolve the brand for the next generation,” she said. added.

Thai mogul who has been outspoken about her experience as a transgender womanpreviously founded the Life Inspired For Tie Foundation as a way to advocate for the rights of transgender people.

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JKN Global Group, which distributes independent productions and overseas movies and TV programs, Acquisition As “soft power to build Thailand’s reputation for being known and outstanding around the world”.

The 71-year-old beauty pageant used to be Co-owned by Donald Trump Between 1996 and 2002 before being acquired by IMG in 2015.

The organization will host the 71st Annual Miss Universe Pageant in New Orleans, Louisiana in January 2023. Broadcast in 165 countries around the world.

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Featured image via @annejkn.official (left, right)