Transgender businesswoman buys Miss Universe pageant for $20M

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Transgender businesswoman buys Miss Universe pageant for $20M
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A Thai businesswoman and transgender advocate bought the Miss Universe Organization for $20 million, making her the first woman to own the global beauty pageant in its 71-year history, her company announced. - NBCOUT

Anne Jakapong Jakrajutatip, the CEO of the JKN Global Group, and the first woman to own the Miss Universe Organization.A Thai businesswoman and transgender advocate bought the Miss Universe Organization for $20 million, making her the first woman to own the global beauty pageant in its 71-year history, her company announced Wednesday.

Jakrajutatip said her company’s acquisition of the Miss Universe brand is a “strong, strategic addition to our portfolio.”

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