Thai media mogul buys Miss Universe Organization for $20 million

Thai media mogul buys Miss Universe Organization for $20 million

Written by
Aishwarya Ragupati

October 26, 2022, 5:35 p.m.
2 minute read

Miss Universe Organization was previously co-owned by Donald Trump

In an unexpected development, famed Thai media mogul and transgender rights advocate Jakapong “Anne” Jakrajutatip has purchased the Miss Universe organization for $20 million.

Jakrajutatip is the first female owner of the beauty pageant organization, her company, JKN Global Group Pcl, said Wednesday, formalizing the deal.

At 71, Miss Universe is one of the oldest competitions in the world.

Why is this story important?

  • His company, JKN, produces its own shows and distributes the content across Thailand.
  • The company also brings foreign content including documentaries and Bollywood dramas.
  • Just after news of the company’s acquisition of the Miss Universe Organization broke online on Wednesday, its shares jumped nearly 10% in early trading. So it looks like the deal is turning out to be a profitable venture.

Jakrajutatip shared the news on Instagram

Jakrajutatip took to Instagram and shared a photo of the universe, captioning it, “Bring into the positive Harmony of the UNIVERSE and allow 100% good energy into your life from now on.”

She said “the acquisition is a solid and strategic addition to our portfolio”, adding that Miss Universe, with all the business opportunities, plans to expand into Asia.

Here is his Instagram post

Instagram post

A post shared by annejkn.official on

Everything you need to know about Jakrajutatip

Jakrajutatip is the CEO and largest shareholder of JKN Global Group Pcl.

She has also acted in the Thai version of reality shows Project track and shark tank.

Jakrajutatip has never been shy about speaking out about her experience as a transgender woman.

To support the rights and dignity of transgender people, she also created an organization called Life Inspired For Thailand Foundation.

Donald Trump was previously co-owner of the organization

The Miss Universe organization organizes beauty pageants every year.

It was previously owned by former US President and real estate magnate Donald Trump between 1996 and 1992.

The contest debates are popular with participants from all over the world every year.

It is broadcast in no less than 165 countries and has been operating for over seven decades.

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