The trans activist company behind the Miss Universe pageant has sensationally filed for bankruptcy just days before the pageant is due to take place in El Salvador. Thai-native and Anne Jakrajutatip acquired the event for $20 million in 2022 from IMG Media, adding it to the portfolio of JKN Global Group. Between 1996 and 2015, the Miss Universe Pageant was part of 's business empire. The company also own Miss USA and Miss Teen USA.
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