Miss Universe changes ownership and new CEO vows to keep increasing inclusivity


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Thai media and content company JKN Global Group has acquired the Miss Universe Organisation from IMG, making chief executive Anne Jakkaphong Jakrajutatip the first woman to own the global beauty competition during its 70-year history.

JKN, which owns a portfolio of broadcast and media titles, said the deal will build on the pageant's legacy and further its commitment to inclusivity. There are also plans to expand the Miss Universe brand, including the launch of MU Lifestyle, a new licensing and merchandising arm.

Miss Universe made history in August when it announced it was making one of the biggest changes to its selection process. Starting next year, the annual competition will accept married women and mothers. Previously, only single women, aged between 18 and 28, who have never been married or had children were allowed to apply.

The new rules will not be in place for the 71st Miss Universe, which has been postponed to January, as preliminary pageants have already taken place.

Miss Universe is one of the longest-running and most-watched beauty competitions in the world; it is broadcast in 165 countries and seen by more than half a billion people annually.

"We are incredibly honoured to be acquiring The Miss Universe Organisation and working with its visionary leadership team," said Jakrajutatip. "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."

Josh Yugen, the national director for Miss Universe Bahrain, said the deal was "one of the best things to happen to Miss Universe".

"It is the first time a woman will own this greatest competition of its kind and Anne, an empowering woman who is the epitome of passion, progress, innovation, grace and love, is the perfect harmony to this iconic brand.

"I am 100 per cent sure that Anne will triumph inclusivity, diversity and equality from the moment she runs this organisation."

Miss Universe has changed ownership a number of times since the first pageant was held in 1952. Former US president Donald Trump bought it in 1996 and sold it to global events and talent company IMG in 2015, following a backlash against his controversial comments about Mexican immigrants.

New Orleans will host the Miss Universe 2022 pageant in January where Miss Universe 2021, Harnaaz Sandhu from India, will crown her successor.

Scroll through the gallery below for Miss Universe 2022 beauty queens who have been crowned so far, from Turkey to Italy and Kyrgyzstan

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Khalid Essa, Ali Khaseif, Fahad Al Dhanhani, Adel Al Hosani, Bandar Al Ahbabi, Mohammad Barghash, Salem Rashid, Khalifa Al Hammadi, Shaheen Abdulrahman, Hassan Al Mahrami, Walid Abbas, Mahmoud Khamis, Yousef Jaber, Majed Sorour, Majed Hassan, Ali Salmeen, Abdullah Ramadan, Abdullah Al Naqbi, Khalil Al Hammadi, Fabio De Lima, Khalfan Mubarak, Tahnoon Al Zaabi, Ali Saleh, Caio Canedo, Ali Mabkhout, Sebastian Tagliabue, Zayed Al Ameri

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Stars:  Lee Jung-jae, Wi Ha-joon and Lee Byung-hun

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Bantamweight: Victor Nunes (BRA) beat Azizbek Satibaldiev (KYG). Round 1 KO

Featherweight: Izzeddin Farhan (JOR) beat Ozodbek Azimov (UZB). Round 1 rear naked choke

Middleweight: Zaakir Badat (RSA) beat Ercin Sirin (TUR). Round 1 triangle choke

Featherweight: Ali Alqaisi (JOR) beat Furkatbek Yokubov (UZB). Round 1 TKO

Featherweight: Abu Muslim Alikhanov (RUS) beat Atabek Abdimitalipov (KYG). Unanimous decision

Catchweight 74kg: Mirafzal Akhtamov (UZB) beat Marcos Costa (BRA). Split decision

Welterweight: Andre Fialho (POR) beat Sang Hoon-yu (KOR). Round 1 TKO

Lightweight: John Mitchell (IRE) beat Arbi Emiev (RUS). Round 2 RSC (deep cuts)

Middleweight: Gianni Melillo (ITA) beat Mohammed Karaki (LEB)

Welterweight: Handesson Ferreira (BRA) beat Amiran Gogoladze (GEO). Unanimous decision

Flyweight (Female): Carolina Jimenez (VEN) beat Lucrezia Ria (ITA), Round 1 rear naked choke

Welterweight: Daniel Skibinski (POL) beat Acoidan Duque (ESP). Round 3 TKO

Lightweight: Martun Mezhlumyan (ARM) beat Attila Korkmaz (TUR). Unanimous decision

Bantamweight: Ray Borg (USA) beat Jesse Arnett (CAN). Unanimous decision

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2012-2015

The company offers payments/bribes to win key contracts in the Middle East

May 2017

The UK SFO officially opens investigation into Petrofac’s use of agents, corruption, and potential bribery to secure contracts

September 2021

Petrofac pleads guilty to seven counts of failing to prevent bribery under the UK Bribery Act

October 2021

Court fines Petrofac £77 million for bribery. Former executive receives a two-year suspended sentence 

December 2024

Petrofac enters into comprehensive restructuring to strengthen the financial position of the group

May 2025

The High Court of England and Wales approves the company’s restructuring plan

July 2025

The Court of Appeal issues a judgment challenging parts of the restructuring plan

August 2025

Petrofac issues a business update to execute the restructuring and confirms it will appeal the Court of Appeal decision

October 2025

Petrofac loses a major TenneT offshore wind contract worth €13 billion. Holding company files for administration in the UK. Petrofac delisted from the London Stock Exchange

November 2025

180 Petrofac employees laid off in the UAE

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2/5

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Updated: November 08, 2022, 2:56 PM