Who Owns WWE? These Are The Biggest Owners Of The Company


Who Owns WWE? These Are The Biggest Owners Of The Company - October 2021

Valued at just under $6 billion, WWE is one of the world's biggest corporate entities. Here's everyone who owns a significant share of the company.

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WWE has been in creative nadir for quite some time now. There are undoubtedly some entertaining acts in the company, such as Roman Reigns, RKBro, and Happy Corbin, and once in a blue moon, WWE does put up a satisfying and thrilling show. But overall, fan reception to the past several years has been lukewarm at best and utterly disdainful at worst. Indeed, many fans have stopped watching the product, as evident by the consistent drop in viewership throughout the past decade.

Moreover, the company is lacking in star power, as the bulk of true superstars, such as John Cena, Edge, and Brock Lesnar, work a part-time schedule but are often heavily relied on in order to build matches for the Big Four events.

Reigns has truly ascended to the upper echelon of superstardom in the past few years but aside from the Tribal Chief, WWE has failed to create new stars and according to some fans and experts, the company has gone out of its way to actively sabotage those who did have the potential.

Despite Creative Hiccups, WWE Remains An Industry Giant

Despite all the creative problems and the shortage of true stars, WWE is still a global empire and while every month or so, the Internet Wrestling Community ponders upon the impending death of the company, the truth is, WWE is worth several billion dollars.

Dumb decisions and creative rock bottom aside, there is no disputing the claim that WWE is the first name in pro wrestling; much like the UFC is to the sport of MMA. WWE has been around for a long time and will continue to exist for the foreseeable future. The foundation of the publicly traded company is rock-solid and every few years or so, the company breaks new ground in terms of revenue and profit.

Vince McMahon is the first name that comes to mind when it comes to ownership of the company. After all, Vince McMahon is the person responsible for who led the evolution of the company from a regional promotion to a global corporation. McMahon is the majority owner of the company, but he is not the only one.

To start from the basics, WWE is a publicly traded company and transitioned from the private sector in October of 1999, with the price of one share estimated at $22 when it was first listed on the New York Stock Exchange. Currently, as of this writing, one share is valued at $56.89. To expand more on the structure of the company, WWE has two share classes, Class A (common shares) and Class B (preferred shares), much like many big-time publicly traded companies.

The McMahon Family Has A Majority Of WWE's Voting Power

Vince McMahon holds about 37.6% of the total shares but his voting power is far higher, with his Class B shares granting him an estimated 83% of the voting power within the company. Moreover, Class B shares can only be held by descendants of Vince McMahon and Linda McMahon; more specifically, their children Stephanie and Shane. The former holds about 1.9 million shares in the company, which translates to about 2% of the total shares.

Shane held a large portion of Class B shares in the past, but it is believed that he sold his shares by 2014. Linda McMahon holds 1% of the total shares, all of which are Class B. Lastly, Paul Levesque, more popularly known as Triple H, holds 67,571 shares, a mere fraction of what his wife, Stephanie holds. Moreover, all of Triple H’s shares in the company are Class A, despite being married into the McMahon family. Safe to say, Triple H doesn't hold much voting power, and if he does, the value is very minuscule in comparison to the members of his in-laws.

Lindsell Train Limited is the biggest institutional owner of WWE shares, owning an estimate of 14% of all shares and 3% percent of the voting power, which is a tad higher than that of Stephanie McMahon. This UK-based investment firm holds stocks in other entities as well, such as Manchester United, PayPal, and Disney. The Vanguard Group and Blackrock, Inc. are two other investment firms holding shares in the company. Both companies hold 5.5% of the shares and the same voting power, at one percent.

The WWE's Future Is All But Financially Secure

The recent roster cuts have led people to believe that WWE is in financial peril, but the speculation is far from the truth. WrestleMania 37 grossed over $6 million in ticket sales alone and the deal with Saudi Arabia is also very profitable, generating more revenue than even past WrestleMania events.

The future of the company is more than secure, and the shareholders of the company are reaping the rewards as the company continues to generate profit.

Then, Now, and Forever, as the slogan says.

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(The Sportster)