In 2022, he briefly retired following allegations of 𝑠e𝑥ual misconduct, but managed to engineer a return to the company at the end of that year to facilitate a sale of the business.

Endeavour Group Holdings purchased the company in September last year, merging it with UFC to form a new publicly traded name TKO – with McMahon as executive chairman.

Former WWE boss McMahon has put all of his remaining TKO shares up for sale, worth well over £500million

By selling his shares McMahon will end his fifty-plus year association with the company

Paul ‘Triple H’ Levesque has taken control of WWE and ushered in a new successful era

However, in January the 78-year-old was forced to resign following allegations of 𝑠e𝑥 trafficking , which he has denied.

Since his departure McMahon’s son-in-law Paul ‘Triple H’ Levesque has taken over the creative reigns at WWE, and been credited with the recent boom for the company.

WWE has seen consecutive sell-out shows for both their live events across the US and during last week’s UK tour, as well as flagship TV productions Raw and SmackDown.

While earlier this month they shattered revenue records for WrestleMania 40, making it the biggest and highest-grossing WrestleMania in history.

Janel Grant is suing McMahon, WWE and another employee over claims of 𝑠e𝑥 trafficking

McMahon meanwhile is facing a lawsuit after former WWE employee Janel Grant  accused the billionaire of 𝑠e𝑥 trafficking and claimed he defecated on her head during a threesome, among other things.

Grant also claimed she suffered bruising and bleeding after McMahon forcefully penetrated her with 𝑠e𝑥 toys, which he named after his wrestler and alleged that McMahon and another WWE executive locked her in a room at the WWE’s Stamford, Connecticut headquarters in June of 2021 and took turns 𝑠e𝑥ually assaulting her.

The allegations have led to McMahon’s departure from WWE, but his daughter Stephanie McMahon remains with the company and recently made her first public appearance since her father’s resignation, when she introduced the second night of WrestleMania in Philadelphia.

Also listed in the prospectus was WWE Chairman Nick Khan, who has filed to sell what appear to be all his holdings of 234,424 shares, but will remain in his position with the company.