A Thai media tycoon and transgender rights advocate has bought the Miss Universe Organization for $20 million, according to her company, which will now host the international beauty pageant
Anne Jakkaphong Jakrajutatip is the CEO of JKN Global Group PCL, a Thailand-based media distribution company, though she’s perhaps better known for her role in Thai versions of reality shows including “Project Runway.” She has also been outspoken about her experiences as a transgender woman, and has worked in advocacy for transgender rights in Thailand.
The purchase makes Jakkaphong the first woman owner of the Miss Universe Organization, according to the JKN news release. The Miss Universe beauty contest, one of the world’s most-watched pageants, has been running since 1952. Like many other major pageants, it has had to reckon with growing public demand for greater diversity, representation and inclusivity over the past decade.
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