Formerly owned by Donald Trump, trans tycoon buys Miss Universe pageant

The Miss Universe pageant, formerly owned by Donald Trump, has been bought by Thai trans celebrity and businesswoman Jakapong Jakrajutatip, her company announced yesterday. Content conglomerate JKN acquired The Miss Universe Organization for $20 million from media giant IMG, according to Reuters.

Jakrajutatip, popularly known as Anne JKN, is CEO and the largest shareholder in JKN Global Group, and a major celebrity in Thailand, where she stars in local versions of reality hits Project Runway and Shark Tank.

The media tycoon’s purchase of Miss Universe marks the first time the franchise has been owned by a woman. Jakrajutatip is the third richest transgender woman in the world.

“We are incredibly honored to be acquiring the Miss Universe Organization and working with its visionary leadership team,”  she said in a statement. “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.”

Anne JKN is also an…

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