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How Much Voting Power Does Vince McMahon Have In WWE?, Company Sends Memo To Staff

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Earlier today, WWE sent out a memo to its staff regarding the investigation into Vince McMahon’s alleged affair with a former employee and the $3 million payment for her to keep things quiet. The former employee allegedly had a sexual relationship with McMahon in January of 2022.

During the course of the investigation, which began in April, several older NDAs that involve claims of misconduct made by former WWE employees against Vince McMahon and WWE Head of Talent Relations John Laurinaitis have surfaced. Vince McMahon is married to Linda McMahon, while John Laurinaitis is married to the Bella Twins’ mother.

According to a report from Wrestlenomics’ Brandon Thurston, WWE sent its staff the following memo earlier today,

“The Wall Street Journal has published a report about WWE with allegations that we and our Board of Directors take seriously.

We are cooperating fully with the independent investigation initiated by our Board of Directors.”

Additionally, Thurston revealed that while Vince McMahon currently owns 37.6% of company stock, most of his shares are class B so he has 80.6% of the company’s voting power. Class B shares of stock have ten times the voting power of class A shares.

Both Stephanie McMahon and Linda McMahon also own mostly class B shares. This means that despite only owning 2.5% and 0.7% of the company stock respectively, they both have 5.2% and 1.6% voting power.

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