Following The Rock’s SmackDown appearance where he claimed to be “the most powerful man in WWE,” market data reveals his actual ownership position in TKO Group Holdings, Inc. represents 0.23% of the company, valued at approximately $61 million.
Endeavor maintains controlling interest in TKO with a 54% stake, while Vince McMahon holds 4.7% of shares, worth about $1.27 billion as of September 2024. The ownership structure also includes major institutional investors such as BlackRock, Inc. (3.7%), The Vanguard Group (3.5%), and Lindsell Train Limited (3.5%).
Prior to the TKO merger, WWE utilized a dual-class stock system that granted Class B shares ten times the voting power of Class A shares.
This structure, similar to companies like Facebook and Google, allowed Vince McMahon to maintain control despite holding a minority stake. Under TKO’s current structure, this system no longer exists, with Endeavor holding primary control over WWE’s direction.