Tuesday, April 16, 2024

Thai transgender tycoon buys Miss Universe contest

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A Thai celebrity media tycoon – who is a transgender woman – has bought the company that runs the Miss Universe beauty pageants for $20m (£17.1m).

Anne Jakapong Jakrajutatip is the boss of JKN Global Group, which makes television shows in Thailand.

She has starred in the Thai versions of popular reality shows Project Runway and Shark Tank.

The purchase of the company, which was once co-owned by Donald Trump, comes as the pageant becomes more inclusive.

Jakrajutatip has been outspoken about her experiences as a transgender woman.

She said in a statement that the Miss Universe Organization was a “strong, strategic addition” to her company’s portfolio.

“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,” she added.

“Our relationships with global partners and brands have never been stronger, and our progressive approach continues to position us at the forefront of our industry,” Miss Universe Organization chief executive Amy Emmerich and president Paula Shugart said.

The Miss Universe Organization was co-owned by Mr Trump from 1996 to 2015.

The former US president sold the company after two television partners said they would not broadcast the pageant, over comments Mr Trump made about illegal immigrants on his 2016 presidential campaign.

He was also criticised when former Miss Universe Alicia Machado claimed Mr Trump called her “Miss Piggy”.

The remarks were made when she put on weight after winning contest in 1996, the Venezuela-born model said.

“When I purchased the pageants many years ago, they were in serious trouble,” Mr Trump said in a statement following the company’s sale to US talent agency WME-IMG in 2015.

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