Owns WWE? These Are The Biggest Owners Of The Company
- October 2021
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.
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.
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
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
Creative Hiccups, WWE Remains An Industry Giant
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.
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.
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.
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.
McMahon Family Has A Majority Of WWE's Voting Power
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
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 Hs 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.
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.
WWE's Future Is All But Financially Secure
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.
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.
Now, and Forever, as the slogan says.
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