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Thai transgender tycoon acquires Miss Universe Organisation for US$20m

Thai transgender tycoon acquires Miss Universe Organisation for US$20m

13 Sept 11:48 Key points summarised by AI
  • Thai transgender business tycoon Jakkaphong Jakrajutatip, known as "Anne," purchased the Miss Universe Organisation from IMG for approximately US$20 million.
  • This acquisition fulfills her personal dream and represents a significant moment for women and the LGBTQ community worldwide, also bringing pride to Thailand.
  • Her company, JKN Global Group, plans to expand the Miss Universe brand into new licensing, merchandising, reality shows, advertising, and other media ventures, aiming to recover the investment within 2-3 years.
  • The acquisition includes plans to host the Miss Universe pageant in Thailand every two years to promote Thai tourism and the economy, with the next pageant scheduled for January 14th.
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