Donald Trump is now a TKO Group Holdings stockholder.
According to a May 12th financial disclosure filing reviewed by HuffPost, the President of the United States purchased somewhere between $15,000 and $50,000 worth of TKO stock. TKO Group Holdings is the parent company that sits over both WWE and UFC, so Trump now has a direct financial stake in both organizations.
This is not exactly a shocking move. Trump has had a relationship with WWE going back decades. He appeared at WrestleMania events, was inducted into the WWE Hall of Fame, and his longtime ally Vince McMahon built a working relationship with him long before any of this. Linda McMahon, Vince’s wife, served in Trump’s cabinet during his first term and is back in his current administration as Secretary of Education.
The UFC connection runs just as deep. Trump has been ringside at UFC events for years and has a genuine friendship with Dana White. White spoke at the Republican National Convention in support of Trump, and the two have been publicly close for a long time.
So yeah, buying into TKO is basically Trump putting money where his relationships already are.
TKO Group Holdings was formed in 2023 when Endeavor merged WWE and UFC under one corporate roof. The structure put both properties under the same publicly traded entity, which is what makes this disclosure cover both promotions at once. Endeavor has since fully exited, leaving TKO as a standalone public company.
Trump purchasing stock in TKO does raise some eyebrows just because of how intertwined his personal world is with that company. WWE programming currently airs on USA Network and Netflix. The company just came off one of its strongest WrestleMania weekends in history. UFC continues to be a massive pay-per-view draw. TKO as a stock has real value attached to it, not just political optics.
The filing does not specify exactly how much was spent beyond that $15,000 to $50,000 range, which is standard for how these disclosures work. Presidential financial disclosures report holdings in brackets rather than exact figures.
Trump is also set to host a UFC event, which was referenced in the original reporting. Having the sitting president host a UFC card while also holding TKO stock is a combination that will absolutely keep people talking.
Whether you care about the politics or not, the wrestling business angle is real. Trump is financially invested in the same company that runs WWE, books the shows, and signs the talent. That is a fact now sitting in a public government document.
