Brandon Thurston of Wrestlenomics.com revealed  information about WWE’s shareholders. According to him, the McMahons own Class B shares, which give them ten times more voting power than other shareholders. These class B shares can only be transferred to Vince and Linda McMahon’s descendants, i.e. Stephanie and Shane McMahon.

Paul Levesque, Vince’s son-in-law, owns 67,571 class A shares, valued at $3.7 million. These class A shares aren’t like class B, which the McMahons own.

What is shocking is Shane McMahon used to own over a million class B shares but hasn’t been listed as a shareholder since 2013? Rumour has it that he sold his stock a while ago.

According to Thurston’s assessment, Vince owns 38% of the shares and 81% of the voting units. Other major shareholders include Lindsell Train Limited, The Vanguard Group, Stephanie McMahon, and Linda McMahon.

From WWE's 2021 Proxy Statement:

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT.

The following table sets forth certain information known to us with respect to beneficial ownership of our Common Stock as of March 30, 2021 by (1) each stockholder known by us to be the beneficial owner of more than five percent of either Class A common stock or Class B common stock; (2) each of the Directors and named executive officers; and (3) the Directors and executive officers as a group. 

Class B1  Vince McMahon         92.3%

Class B1  Linda McMahon           1.0%

Class B1  Stephanie McMahon   6.0