Vince McMahon just sold more than 400 million worth of TKO stock, as has Vince McMahon just
sold more than 400 million worth of TKO stock, as the scandal continues. Amid ongoing sex on
misconduct allegations, Vince McMahon, the wrestling mogul, has sold over 400 million
dollars worth of TKO group holding stock. The move comes as McMahon faces fallout from the scandal
highlighted by a lawsuit filed by former employee Janelle Grant. McMahon's recent sale of 5,150,000
TKO shares marks a significant liquidation, generating 412 million in pre-tax profits
This follows a larger sale of 8,400,000 TKO shares in November 2023, netting him around
700 million dollars. Despite the sales, McMahon still holds approximately 15 million TKO shares
valued at 1.2 billion dollars. His overall net worth, boosted by previous WWE stock sales and
TKO's acquisition, stands at 3.2 billion dollars. McMahon's departure from WWE TKO leadership
coincided with Grant's lawsuit. Denying the allegations, McMahon vows to vigorously defend
himself against what he calls baseless accusations and intends to clear his name amidst the controversy