Donald Trump purchases stake in TKO Holdings

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HEBRON, KENTUCKY - MARCH 11: U.S. President Donald Trump dances on stage during an event at Verst Logistics on March 11, 2026 in Hebron, Kentucky. Verst Logistics handles packaging, shrink sleeve labeling, and transportation management for various brands. (Photo by Andrew Harnik/Getty Images) | Getty Images The current President of the United States of America has numerous ties to WWE, including but not limited to his spot in the company’s Hall of Fame, former WWE CEO Linda McMahon’s positions in both of his cabinets and in his fundraising machine, and current chief content officer Paul “Triple H” Levesque’s spot on his Physical Fitness Council. He’s also long had ties to the UFC. We’ll see the ultimate expression of those ties next month when UFC Freedom 250 brings the old Roman concept of bread and circuses to the White House. And since UFC and WWE have both been a part of TKO since 2024, WWE stars will be part of the White House festivities June 13-14. As far as we knew until today (May 29, 2026), Trump’s connections to TKO were informal. He and former WWE CEO and chairman Vince McMahon definitely did business together (above and below the table), and Freedom 250 sets up UFC as a government contractor (even if TKO president Mark Shapiro says they’re taking a loss on the event). But HuffPost brings word that Trump recently purchased a stake in TKO back on March 25. The purchase was disclosed in a filing earlier this month, which also revealed Trump purchased between $15,000-$50,000 worth of TKO shares. The stock closed at $193 on that date. It’s a drop in the bucket for Trump’s grift-fueled empire and administration, spokespeople for which claim that financial advisors are making buy/sell decisions about his portfolio without the President’s input. Whoever’s making the decisions, as HuffPost points out, they’ve made a habit of “buying and selling millions of dollars in stock in companies that he has promoted or which his administration has helped with favorable regulatory and contracting decisions.“ And Jordan Libowitz of non-profit, non-partisan watchdog group The Citizens for Responsibility and Ethics told the outlet: “Using the White House to promote a company whose stock you bought while promoting it is one of the worst conflicts of interest you could imagine.” Not much else to say. Either you’re outraged by how the only thing that seems to be getting drained in Washington, D.C. is going straight into Trumpworld coffers (among the administration’s other lies, human rights abuses, and society-destabilizing decisions), or you’re not. Returning to wrestling, our question is: will Trump the President’s financial advisors decide to sell his TKO shares after UFC Freedom 250? Or should we expect him to start start promoting WWE events, too? Maybe Trump was already promoting this special with his tribute to “the Huckster” earlier this week…