Thai trans woman billionaire Anne Jakrajutatip of the media and content conglomerate JKN Global Group is the new owner of the Miss Universe Organization.
JKN announced its acquisition of the organizer of the 71-year-old international pageant formerly owned by IMG, in a statement released on Wednesday, October 26, 2022.
“We are incredibly honored to be acquiring The Miss Universe Organization and working with its visionary leadership team,” said Jakrajutatip, who is JKN’s chief executive officer and biggest shareholder.
With the acquisition, JKN seeks to expand the brand through licensing and merchandising investments, including the launch of MU Lifestyle.
“The global reach of the Organization, its relationships with global partners and brands, and its wealth of content, licensing, and merchandising opportunities make this 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,” she added.
Jakrajutatip also made the reveal on her social media accounts, including a photo that read “100% ownership,” which she captioned: “Bring yourself into the positive Harmony of the UNIVERSE and allow the 100% good energy into your life from now on.”
Miss Universe Organization CEO Amy Emmerich and president Paula Shugart, on the other hand, expressed their excitement to continue MUO’s “evolution” under JKN.
“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. We would like to thank IMG for providing us a foundation to realize our aspirations for the brand,” they said.
The 71st Miss Universe pageant will take place on January 14, 2023. Filipino-Italian beauty Celesti Cortesi is set to represent the Philippines.
