AFTER CROWNING GAFFE, DONALD TRUMP BUYS BACK MISS UNIVERSE ORGANIZATION

2015 Miss Universe Pia Alonzo Wurtzbach of the Philippines
2015 Miss Universe Pia Alonzo Wurtzbach of the Philippines

LAS VEGAS, Nevada (The Adobo Chronicles) – Just days after buying out all of NBC’s shares of stock in his Miss Universe Organization, Donald Trump sold all stocks to WME/IMG which now owns the international pageant held last night in Las Vegas. That was in September.

Fast forward to the night of December 20. Pageant host Steve Harvey (‘Family Feud’) announced the wrong winner, resulting in a brief crowning of Miss Colombia. Then, in a moment never before seen in a live telecast of an international contest, Harvey apologized and announced he had misread the cue card, and that the real winner was Miss Philippines.

The rest is history, with the crowning gaffe dominating the news and social media. The sagging popularity of the Miss Universe pageant suddenly shot up the roof of Planet Hollywood.

Being the shrewd businessman that he his, Trump saw a great investment opportunity and immediately bought back the Miss Universe Organization for twice the price he sold it for.

“I can easily recover my investment,” Trump said, adding, “I will turn Miss Universe into the most successful and profitable business beginning in 2016, assuming I don’t become president of the United States.”

 

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