World Wrestling Entertainment (WWE) is owned by TKO Group Holdings, the combat-sports and entertainment company that also owns UFC.

Who actually “owns” WWE?

  • WWE is a division of TKO Group Holdings, a publicly traded company created in 2023 when WWE merged with UFC.
  • TKO itself is controlled by Endeavor (now operating as WME Group), which holds a majority stake of just over 60% of TKO shares, giving it effective control over WWE.
  • Day to day, WWE’s top leadership sits under TKO: Ari Emanuel as TKO CEO and chairman, Mark Shapiro as president/COO, Nick Khan as WWE president, and Paul “Triple H” Levesque as chief content officer in charge of creative.

What happened to Vince McMahon?

  • For decades WWE was effectively “owned” and controlled by Vince McMahon and the McMahon family, who held the majority voting power.
  • In 2023, the Endeavor–WWE merger into TKO ended McMahon’s majority control; by 2025 he had sold off his remaining stake, so he is no longer an owner of WWE.

So, who are the big power players now?

  • Endeavor / WME Group : Majority owner of TKO, and therefore the ultimate corporate owner of WWE.
  • TKO Group Holdings : The listed company that houses both WWE and UFC as brands under one umbrella.
  • Institutional investors : Funds like Vanguard and others hold significant chunks of TKO stock, but none individually outweigh Endeavor’s control position.

Quick HTML table of the ownership picture

html

<table>
  <thead>
    <tr>
      <th>Level</th>
      <th>Entity</th>
      <th>Role in WWE</th>
    </tr>
  </thead>
  <tbody>
    <tr>
      <td>Top owner</td>
      <td>Endeavor / WME Group</td>
      <td>Holds a controlling majority stake in TKO, and thus controls WWE. [web:1][web:7][web:9]</td>
    </tr>
    <tr>
      <td>Public company</td>
      <td>TKO Group Holdings</td>
      <td>Parent company that directly owns WWE and UFC. [web:1][web:5][web:9]</td>
    </tr>
    <tr>
      <td>Brand/division</td>
      <td>WWE</td>
      <td>Sports entertainment brand and operating business under TKO. [web:1][web:5]</td>
    </tr>
    <tr>
      <td>Key executives</td>
      <td>Ari Emanuel, Mark Shapiro, Nick Khan, Paul Levesque</td>
      <td>Lead TKO and WWE operations and creative, but do not solely “own” WWE. [web:1][web:3]</td>
    </tr>
  </tbody>
</table>

TL;DR: WWE is no longer owned by Vince McMahon; it is owned by TKO Group Holdings, which is in turn controlled by Endeavor/WME Group and its majority shareholders.

Information gathered from public forums or data available on the internet and portrayed here.