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Former WWE CEO Vince McMahon Nets $100 Million Through Another Stock Sale
Vince McMahon, former CEO and founder of WWE, has earned nearly $1.2 billion through TKO stock sales to date.
According to an SEC filing Thursday by TKO Group, McMahon’s latest stock sale was to an unnamed bank, with the 3.5 million shares transferred over the course of 15 business days (March 5-25). “Upon such physical settlement, [McMahon] received, in the aggregate, approximately $100 million from the Bank,” per the filing. McMahon, the founder of WWE, resigned from the board of TKO Group earlier this year amid sexual assault allegations against him by a former employee.
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