Thai business mogul becomes 1st woman to own Miss Universe pageant after $20M buy

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Thai business mogul becomes 1st woman to own Miss Universe pageant after $20M buy
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Thai transgender business mogul Anne Jakapong Jakrajutatip has become the first woman to own the Miss Universe pageant after purchasing the franchise for $20 million.

Jakrajutatip called the "global reach" of The Miss Universe Organization "a strong, strategic addition to our 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,""We look forward to this next chapter in the Miss Universe story," said Amy Emmerich, CEO of The Miss Universe Organization, who noted that the acquisition is a "tremendous opportunity" to create "further growth for this organization on the global stage and women...

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