A transgender business owner and activist from Thailand has purchased the Miss Universe Organization for $20 million.
JKN Global Group, owned by Chakrapong “Anne” Chakrajutathib, acquired the rights to the Miss Universe pageant from IMG on Wednesday. The company established a subsidiary in the United States, JKN Metaverse, in order to own the Miss Universe Organization and will use the Miss Universe name to promote the company’s consumer products, including beverages, food supplements, and beauty and consumer products, according to Associated Press.
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