While Vince McMahon resigned from WWE in shame following Janel’s lawsuit, he still owns a considerable amount of TKO stock, which is the company that was created following WWE’s merger with Endeavor. Still, he has recently been selling off huge chunks of his stock, and it has now been revealed via a SEG filing that McMahon has listed all of his remaining shares for sale. This means that once sold, he will have no connection with WWE, the company he made a global brand over the past four decades.
McMahon currently owns less than 5% of the company, following multiple sales, yet his remaining TKO shares are still worth a whopping $786 million as of Friday. However, what the 78-year-old intends to do with all this money currently remains unclear, although it seems likely he’ll have some substantial payments to make to his alleged victims if the allegations are true.
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