15 Facts You Probably Missed About Donald Trump

5 – He Owned Miss USA, Miss Teen USA & Miss Universe

Trump has held a stake in the national beauty pageants since 1996, when he became an NBC shareholder. When both NBC and Univision publicly denounced their relationship with the candidate, he filled a $500 million lawsuit against them. As a result, the Donald became sole owner of the world-famous pageants. It’s unclear whether he received it as settlement from NBC or just purchased full ownership of Miss Universe, Miss USA and Miss Teen USA.

commons.wikimedia.org

commons.wikimedia.org



A few days later, the celebrity candidate sold the Miss Universe Organization to WME/IMG. Financial statements later revealed that he received $25 million for the pageants, though he claimed to “give” them into good hands as a long-time fan.

“I have truly enjoyed owning the Miss Universe, Miss USA, and Miss Teen USA pageants. When I purchased the pageants many years ago, they were in serious trouble. The pageants are now in the hands of a great company that will shepherd them to even greater levels of success.”

wikimedia.org

wikimedia.org


2 Comments

  1. crw September 29, 2017
    • Dmitriy October 12, 2017

Add Comment