Thai Tycoon and Transgender Woman Buys Miss Universe Pageant For $20M

A Thai business tycoon and transgender activist signed on the dotted line for ownership of the Miss Universe Organization.

Jakapong “Anne” Jakrajutatip, CEO and biggest shareholder of JKN Global Group (JKN), handed over a cool $20 million — making her the first woman to own the famous beauty pageant in its 71-year history.

In addition to her business endeavors, Jakapong is a well-known figure in Thailand after she appeared in the Thai versions of shows such as “Shark Tank” and “Project Runway.”

“It’s a universal platform… I can become the aspiration for so many people, in particular women, LGBTQ, so they can transform,” she said in English.

Jakapong has been outspoken about her experience as a transgender woman and also set up the Life Inspired For Thailand Foundation to advocate for the rights to dignity and opportunities for transgender people.

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