Famous Thai transgender and entrepreneur Jakkraphong has acquired the global beauty pageant 'Miss Universe Competition.' / Jakkraphong Instagram

Famous Thai transgender and entrepreneur Jakkraphong has acquired the global beauty pageant 'Miss Universe Competition.' / Jakkraphong Instagram

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[Asia Economy Online Issue Team] A famous transgender entrepreneur from Thailand has acquired the world-renowned beauty pageant Miss Universe for 20 million dollars (approximately 28.3 billion won).


On the 27th, according to AP News and local media, Chakraphong Chakrachutathip, CEO and largest shareholder of Thailand's JKN Global Group, signed a contract with IMG Worldwide, the agency of Miss Universe, becoming the 100% owner.


Chakraphong ranked 149th in Thailand's wealthy list in 2020 and is considered the richest transgender person in Asia and the third richest in the world. His company, JKN Global Group, is a major local Thai media company responsible for producing and distributing content such as movies and TV programs.



Chakraphong said, "Acquiring the globally famous Miss Universe is part of JKN's growth strategy," adding, "We will become a global content company."


This content was produced with the assistance of AI translation services.

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