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This question is about WWE.
Who owns WWE?
Vince McMahon owns WWE. Specifically, McMahon retains 38.6% ownership of the company's outstanding stock and 81.1% of the voting power. He is the chairman and the CEO of the entire entertainment company World Wrestling Entertainment (WWE), which hauls in a whopping $1 billion in annual revenue.
Vince McMahon is a wrestling promoter. He grew up in a trailer park in North Carolina and joined his father's small wrestling company in 1972. Then ten years later, Vince McMahon purchased the company from his father and then transformed it into the WWE. Taking it from a regional operation to a global operation.
In 1999, WWE started to publicly televise its matches, which are broadcasted in roughly 150 countries and in more than 30 languages. That same year, the company went public trading on the NYSE under the ticker symbol WWE.
Currently, the largest institutional investors include Lindsell Train Ltd (25% of total shares), BlackRock Fund Advisors (8% of the total shares), The Vanguard Group, Inc (7.1% of total shares), and American Century Investment Management (5.7% of the total shares).
At 76 years old, there is talk of Vince McMahon retiring and rumors that WWE could be sold soon. Vince has publicly discussed having Paul "Triple H" Levesque, who has overseen WWE's creative direction since the mid-1990a as his predecessor.
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