Published 1 month ago

Former WWE CEO Vince McMahon Nets $100 Million Through Another Stock Sale

Summary by Ground News

Vince McMahon received about $100 million through a sale of about 3.5 million shares of TKO Group. TKO was formed last year through the Endeavor-led merger of UFC and WWE. McMahon, the founder and former CEO of WWE, has earned almost $1.2 billion through TKO stock sales.

0 Articles

All

Left

Center

Right

Variety

Former WWE CEO Vince McMahon Nets $100 Million Through Another Stock Sale

Vince McMahon, the founder and former CEO of wrestling entertainment company WWE, received about $100 million through a sale of about 3.5 million shares of TKO Group. TKO Group was formed last year through the Endeavor-led merger of UFC and WWE. Endeavor maintains a majority interest in TKO. McMahon’s latest sale of TKO stock comes after he netted $408 million through a separate sale of shares earlier this month, and after he sold 8.4 milli…

1 month ago·Los Angeles, United States

Read Full Article

Wrestling News Source

Vince McMahon Sells Additional Shares in TKO Stock

Latest wrestling news, rumors, spoilers, and results from WWE Raw, SmackDown, NXT, AEW Dynamite, Royal Rumble and WrestleMania 40. TNA, ROH, NJPW. .

1 month ago

Read Full Article

MMA Fighting

Vince McMahon unloads another $100 million of TKO Group Holdings stock

Photo by Brad Barket/Getty Images for WWE Vince McMahon, former executive chairman over TKO Group Holdings and WWE founder, has sold off more stock in the company he left. Financial filings through the Securities and Exchanges Commission show McMahon, 78, sold just under 3.5 million shares of stock and received “approximately $100 million” for the sale. This is the third time McMahon has sold off a portion of his stock in TKO Group Holdings, th…

1 month ago·United States

Read Full Article