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Vince McMahon sells final WWE shares, totalling $2.3B... What is he doing w/all that cash?

Posted on 4/26/24 at 8:39 pm
Posted by Jack Ruby
Member since Apr 2014
22773 posts
Posted on 4/26/24 at 8:39 pm
quote:

WWE co-founder Vince McMahon is ending his association with the promotion after 55 years with the sale of his 8.02 million TKO Group Holdings shares, which were worth $96.76 apiece as of Friday for more than $776 million total.

Prior to the latest stock sale report, McMahon had made about $1.5 billion by selling TKO shares in four separate instances, per Todd Spangler of Variety.

The total stock sale this year represents $2.276B in cash.

The 78-year-old McMahon began his affiliation with then-World Wide Wrestling Federation, which was owned by his father, in 1969. McMahon bought the company from his father in 1982 and served as WWE's leader for four decades.





So... What's he going to do with all that damn cash?

Start a new wrestling promotion? Start a new UFC competitor? Buy a sitting promotion and then infuse all that $ into it?
Posted by FenrirTheBeard
NOLA
Member since Jun 2012
6431 posts
Posted on 4/26/24 at 8:40 pm to
Hookers and blow. Duh
Posted by rattlebucket
SELA
Member since Feb 2009
11446 posts
Posted on 4/26/24 at 8:41 pm to
Assembling a legal defense team
Posted by Purple Spoon
Hoth
Member since Feb 2005
17824 posts
Posted on 4/26/24 at 8:41 pm to
What any billionaire would do…

Take a dump on a prostitute.
Posted by SidetrackSilvera
Member since Nov 2012
1918 posts
Posted on 4/26/24 at 8:41 pm to
Someone is definitely getting poo in their hair, that I can tell you.
Posted by diat150
Louisiana
Member since Jun 2005
43553 posts
Posted on 4/26/24 at 8:41 pm to
quote:

Start a new UFC competitor


That would be the stupidest move ever. Nobody has a shot until dana white retires.
Posted by Royal
God's Country
Member since Apr 2009
1003 posts
Posted on 4/26/24 at 8:41 pm to
Whatever he wants to do
Posted by alajones
Huntsvegas
Member since Oct 2005
34475 posts
Posted on 4/26/24 at 8:42 pm to
Posted by MoarKilometers
Member since Apr 2015
17912 posts
Posted on 4/26/24 at 8:42 pm to
quote:

So... What's he going to do with all that damn cash?


Trying to hide it
Posted by LegendInMyMind
Member since Apr 2019
54093 posts
Posted on 4/26/24 at 8:43 pm to
quote:

Whatever he wants to do

She got roses of red
and new tits to flaunt
I've got 2.3* billion dollars
I'll shite where I want





*I had to edit it from a billion dollars to 2.3 billion.
This post was edited on 4/26/24 at 8:44 pm
Posted by LegendInMyMind
Member since Apr 2019
54093 posts
Posted on 4/26/24 at 8:45 pm to
quote:

Trying to hide it

The funny thing is that he wouldn't have to worry about that if he had just paid her what she wanted to start with. She didn't give a damn about talking (or suing) until the check didn't clear.
Posted by PhilipMarlowe
Member since Mar 2013
20499 posts
Posted on 4/26/24 at 8:49 pm to
Dropping trou’ & squeezing out a Cleveland streamer on some poor girl’s chest.
Posted by Smeg
Member since Aug 2018
9302 posts
Posted on 4/26/24 at 8:52 pm to
Protect it from the lawsuit. I'm sure he doesn't want to lose it all. He'll figure a way.
Posted by BottomlandBrew
Member since Aug 2010
27098 posts
Posted on 4/26/24 at 8:53 pm to
quote:

Hookers and blow. Duh


And feces. And taxes.

Oh yeah, and legal defense.
This post was edited on 4/26/24 at 8:54 pm
Posted by KISS ARMY
Da parish brah
Member since Jan 2015
427 posts
Posted on 4/26/24 at 8:58 pm to
He's buying the Saints and Pels
Posted by Pax Regis
Alabama
Member since Sep 2007
12936 posts
Posted on 4/26/24 at 9:08 pm to
Hookers and blow…
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
63015 posts
Posted on 4/26/24 at 9:13 pm to
I'd rather not know
Posted by LSU316
Rice and Easy Baby!!!
Member since Nov 2007
29289 posts
Posted on 4/26/24 at 9:15 pm to
Probably find another woman that will let him shite on her.
Posted by GeauxZone90
Baton Rouge
Member since Jul 2010
2923 posts
Posted on 4/26/24 at 9:17 pm to
At 78 he is ready for the retirement home
Posted by Tigerstark
Parts unknown
Member since Aug 2011
5978 posts
Posted on 4/26/24 at 9:18 pm to
Paying off the hookers he stupidly put on company payroll.
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