News about Linda McMahon

Trump's second White House and administration will be staffed with people who show 'their fidelity and loyalty to the policy, as well as to the man,' said Trump transition cochair billionaire Howard Lutnick. The investor showed his own loyalty by hosting a $15 million fundraiser for Trump.

The Trump Bible costs $59.99, which is getting on for four times what you'd expect to pay for an ordinary King James version. It also comes up for sale just weeks after he unveiled $399 'Never Surrender' sneakers - in gold patent leather and currently sold out, pending a re-stock. His shoe website ('gettrumpsneakers.com') also hawks two cheaper pairs at $199, as well as 'Victory47' cologne and perfume ('47' as in the 47th president if he wins again), bottles of which cost a cool $99. '"Victory" is the signature scent of strength and success, encased in a luxurious gold bottle,' a sales blurb boasts of the cologne, adding that it's designed for 'the movers and the shakers'.

After falling from $59 at the start of trading on Monday, Trump Media's shares were priced below $50 on Tuesday. In a business that is described as a "meme" stock, Trump was charged a $1 billion paper loss.

Following an FEC report that Truth Social lost $58 million last year, with $4 million in revenue, shares in Trump Media plummeted gradually on Monday morning. The company was still valued at $7.5 billion at current share prices, despite current share prices. Trump owns 57% of the company, with 78 million shares.

Following a record-breaking price of more than $8 billion following its public IPO this week, Trump's social media company Truth Social appears to have achieved'meme stock' status. That is despite the fact that the company generated only $3.4 million in the first nine months of last year and suffered losses of $49 million, according to SEC filings. For comparison, McDonald's restaurant makes $3.6 million.

On the first day of trading, Donald Trump's interest in his new media firm soared to a whopping $5 billion. According to Cramer, Trump should request the board for permission to sell shares. As it stands, Trump can't sell his shares for a period of six months, but he will get a waiver. The board is stocked with his allies, including Donald Trump, Jr., wrestling executive Linda McMahon, and Kash Patel.

Professional wrestling might be the next sporting venture for the Public Wealth Fund of Saudi Arabia. According to Front Office Sports' reports, if the WWE intends to put the PIF up for auction, it could be a potential bidder. PIF controls $620 billion in assets, but sports properties have made some of the most visible purchases in the last few years.

McMahon's daughter Stephanie and Nick Khan claim the wrestling behemoth claims to have spent $17.7 million on litigation related to the investigation launched in the third quarter 2022 alone. The probe into McMahon, the company's controlling shareholder, has concluded, according to the firm's quarterly earnings study, and the 'Special Committee,' which has been established, has been disbanded.' McMahon, 77, has been fired from the company he has led for more than four decades and grown to become wrestling's biggest company in the wake of a Securities and Exchange Commission and federal probe into his undisclosed payments.

Vince McMahon's ousted WWE CEO Vince McMahon made two payments totaling $5 million to the Trump Foundation, coinciding with the ex-president's appearance at WWE functions. McMahon paid the Trump Foundation in 2007 and 2009, according to a securities filing, when the ex president appeared on WWE televised events. Executives now say that the funds came from McMahon directly and that they should have been listed as business expenses because they benefited the company. Since the New York Attorney General discovered that it was misusing money, Trump has now had to dissolve the Trump Foundation.