Alright, let’s talk about something I looked into recently: this whole situation with Vince McMahon and WWE ownership. For the longest time, you just assumed, right? Vince was WWE. He ran the show, he was the face, seemed like he owned the whole darn thing lock, stock, and barrel.

So, I was just scrolling through some news a while back, reading different things, and I kept seeing mentions of Endeavor, UFC, and WWE all mixed together. That got me thinking, “Wait a minute, what’s actually going on here? Does Vince still own the company?” My initial thought was, yeah, probably, maybe he just sold a piece or something.
To figure it out, I first just did a quick search. You know, opened up my browser and typed in something simple like “who owns WWE now” or “Vince McMahon WWE owner status”.
Okay, things got interesting fast.
Lots of results popped up talking about a merger. It wasn’t just Vince anymore. The name TKO Holdings Group kept appearing. Apparently, WWE merged with UFC, the mixed martial arts company. And the parent company pulling the strings seemed to be Endeavor Group Holdings.
That first pass wasn’t crystal clear, just gave me pieces. So, I decided to dig a little more seriously. I started looking for more official announcements or reports about this deal. Forget the fan forums for a sec, I wanted the business side of it.
Putting the Pieces Together
Here’s what I pieced together from reading through some articles and summaries about the deal:
- Endeavor, a big media and talent agency that already owned UFC, basically struck a deal to take control of WWE.
- They then combined WWE and UFC into a new, publicly traded company called TKO Group Holdings.
- When this deal went through, Endeavor ended up holding the majority stake, like 51% of this new TKO company.
- The existing shareholders of WWE got the remaining 49%.
So, where did that leave Vince? Well, he wasn’t the majority owner anymore. That much was clear. He did get a big role in the new setup, becoming the Executive Chairman of TKO. Still a very powerful position, lots of influence, for sure. And he personally still held a chunk of stock, obviously worth a fortune.
But owning it? Like, the final say, controlling interest? No. That shifted to Endeavor through this new TKO structure.

And since then, things have even changed more, with Vince stepping down from his TKO role entirely after some allegations came out. I saw reports he’s been selling off significant amounts of his TKO stock too.
So, tracking this whole thing down, starting from that basic question, “Does Vince McMahon own WWE?”, the answer I landed on is definitively no, not anymore. He built the empire, ran it for decades, was synonymous with it. But the ownership structure fundamentally changed with that Endeavor merger into TKO. Now it’s part of a larger public company controlled by Endeavor. It’s kind of wild to see such a massive shift after all these years, really shows you how things can change in the business world.