Vince McMahon has officially sold off over $400+ million of his TKO stock.
As we reported earlier this week here on eWn, McMahon was planning to sell 5.35 million shares of his stock in the company. The stock was valued at $77 per share when McMahon sold on Thursday. TKO filed with the SEC to note that the sale is complete.
McMahon will net a profit of $411.95 million from the sale. As of now, he still owns 15,002,105 shares of TKO stock which is currently valued at $1.221 billion.