Thai business mogul and trans activist purchases Miss Universe Organization for $20 million

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

IMG has sold the Miss Universe Organization (MUO), which oversees the annual pageant, to the company of Thai transgender business mogul Anne Jakapong Jakrajutatip. It is the first time a woman has owned the organization in its 71-year-history.

Amy Emmerich and Paula Shugart, the MUO's current CEO and president, will continue to hold those roles under the new management, the statement said.

"Paula and I see tremendous opportunity with JKN to create further growth for this organization on the global stage and women around the world," Emmerich said in the statement."Despite having recently celebrated the organization's legacy of more than 70 years, we are just getting started." "We're equally proud of the progress the organization has made in becoming a more inclusive and powerful platform where women can advance both their business objectives and their cause-based work," said Mark Shapiro, president of Endeavor — the parent company of IMG.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

A woman now owns it...

God made them male and female and there is nothing you can do about it.

…and it’s still not owned by a woman.

Many candidates are deserving folks

Awesome

Ruined another thing for REAL women.

* man pretending to be a woman. Black face and woman face are the same thing. Stop pretending it is OK.

No a man still owns it

Aka a man owns it. 🤣

Still owned by a man…

What a joke

I used to work for the Miss Universe company when it was owned my MSG. What a trip it was you have to refer to the contestants as “delegates” wonderful time in my Krazy life

Thaankss a millon

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in BUSİNESS

Business Business Latest News, Business Business Headlines