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Detailed breakdown of WWE Ownership

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  • 24-05-2016 8:33pm
    #1
    Registered Users Posts: 48,990 ✭✭✭✭


    Found this on Whatculture WWE [Original work by Brandon Howard of Voices of Wrestling], shows who exactly has control of the WWE, as of May 2016, with Vince owning exactly 48.09% of the company, and the rest broken down between various other people in the company.

    Guess Vince doesn't completely fully own his own company.

    https://twitter.com/adecorativedrop/status/733351849554743296


Comments

  • Moderators, Sports Moderators Posts: 18,190 Mod ✭✭✭✭DM_7


    Vince has pretty much all the voting rights though.


  • Registered Users Posts: 38,028 ✭✭✭✭PTH2009


    Lithium93_ wrote: »
    Found this on Whatculture WWE, shows who exactly has control of the WWE, as of May 2016, with Vince owning exactly 48.09% of the company, and the rest broken down between various other people in the company.

    Guess Vince doesn't completely fully own his own company.

    50dc67fa976061ed-600x400.png

    when vince kicks the bucket will his share go to Shane and Steph or his all his grankids ??


  • Registered Users Posts: 48,990 ✭✭✭✭Lithium93_


    PTH2009 wrote: »
    when vince kicks the bucket will his share go to Shane and Steph or his all his grankids ??

    Would imagine Vince's shares would be split evenly.


  • Registered Users Posts: 802 ✭✭✭KingJamsie


    DM_7 wrote: »
    Vince has pretty much all the voting rights though.

    Add Vince with shared by Vince & Linda & you have your >50% to control


  • Registered Users Posts: 38,028 ✭✭✭✭PTH2009


    how much would 0.01% of the company cost roughly ???


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  • Registered Users Posts: 8,689 ✭✭✭sky88


    always thought shane and steph would have owned more shares


  • Registered Users Posts: 45,553 ✭✭✭✭Mr.Nice Guy


    I didn't realise Kevin Dunn owned shares in the company.


  • Registered Users Posts: 48,990 ✭✭✭✭Lithium93_


    I didn't realise Kevin Dunn owned shares in the company.

    I find it weird that Kevin Dunn has more shares in the company than Triple H.. But that's just me..


  • Registered Users Posts: 8,689 ✭✭✭sky88


    Lithium93_ wrote: »
    I find it weird that Kevin Dunn has more shares in the company than Triple H.. But that's just me..

    Executive longer then trips would be my guess as to why


  • Registered Users Posts: 39,679 ✭✭✭✭Itssoeasy


    sky88 wrote: »
    Executive longer then trips would be my guess as to why

    It's amazing what his dad saving tapes would inflict on us all these years later. Longer being one of vince's yes men is profitable it seems.

    I knew kevin dunn had some shares as jim cornette said he did.


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  • Moderators, Entertainment Moderators Posts: 12,013 Mod ✭✭✭✭jaykhunter


    Mod edit: Updated the original post with proper accreditation

    Worth noting Stephanie sold a ton of stock to buy her new house a few years ago. Interesting that Dunn has much more stock than Triple H, and that when Dunn is removed from WWE TV production, he'll still have a large slice of the pie.


  • Closed Accounts Posts: 1,543 ✭✭✭Mick Murdock


    Also the CFO has more stock than Kevin Dunn. I thought he was a relatively new addition?


  • Registered Users Posts: 8,689 ✭✭✭sky88


    Itssoeasy wrote: »
    It's amazing what his dad saving tapes would inflict on us all these years later. Longer being one of vince's yes men is profitable it seems.

    I knew kevin dunn had some shares as jim cornette said he did.

    Wait is that how he got his job??


  • Registered Users Posts: 13,585 ✭✭✭✭briany


    Some of those names sound like faceless corporate entities, the kind of people who are only interested in a return on their investment. Wonder if that's a mindset that encourages risk-taking.


  • Moderators, Sports Moderators Posts: 18,190 Mod ✭✭✭✭DM_7


    http://www.voicesofwrestling.com/2016/05/19/a-beginners-guide-to-wwe-business/

    Until the company went public, Vince McMahon was the 100% owner. Today he solely owns about 46%. However, almost all the shares owned by Vince, Linda, Stephanie and Shane (class B family stock) hold ten times the voting power of the rest of the shares (class A common stock), so Vince is still firmly in control of his company.

    The prospectus in 1999 stated that:
    The holders of Class A common stock have voting rights identical to holders of Class B common stock, except that holders of Class A common stock are entitled to one vote per share and holders of Class B common stock are entitled to ten votes per share.


    http://www.wrestlinginc.com/wi/news/2016/0517/611815/vince-mcmahon-sells-nearly-40-million-of-wwe-stock-for-estate/
    Mr. McMahon beneficially owns 37,080,747 shares of the Company's Class B common stock, which represents approximately 86% of the Company's total voting power and approximately 48.8% of the Company's total outstanding shares of common stock.


  • Closed Accounts Posts: 16,096 ✭✭✭✭the groutch


    PTH2009 wrote: »
    how much would 0.01% of the company cost roughly ???

    approx €135,000

    that puts Hunter's shares at about a million, and Dunn's about 2.5m.


  • Registered Users Posts: 11,342 ✭✭✭✭rossie1977


    Just to add to dm's post. The stock the McMahon family own is class b whereas all the other stock is class a

    When a McMahon sells some stock it automatically converts to class a thus 1/10th the value or voting power it previously held

    Vince could sell all but 7 million shares (meaning he owned less than 10%) but would still hold more voting power than all the other shareholders combined


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