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Thai transgender activist buys Miss Universe for $20M

A Thai business tycoon and transgender activist has purchased the Miss Universe Organization for 20 million US dollars.
 
The woman (Chakrapong Chakrajutathib) known as Anne, is a celebrity in Thailand who has starred in a number of reality shows and helped establish a nonprofit group, Life Inspired For Transsexual Foundation, to promote trans rights.
 
Her JKN Global Group acquired the rights to the Miss Universe pageant from IMG Worldwide LLC, a sports, talent and events marketing company which has held the Miss Universe Organization since 2015. 
 
Former U.S. President Donald Trump was part owner of the pageant rights from 1996 until IMG's purchase.
 
The Miss Universe pageant is broadcast in 165 countries.


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