Dwayne Johnson now holds a greater stake in WWE, the place where his journey began.

As AFROTECH™ previously reported, the wrestler-turned-actor-turned-businessman has taken on a new role with TKO Group Holdings Inc., the parent company of WWE and UFC. Johnson joined its board of directors in January 2024 and, as a result, also secured full ownership of “The Rock” trademark.

“My grandfather, ‘High Chief’ Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve never thought this day would come,” Johnson said at the time, according to Variety. “Which is why I’m very humbled to have a seat at the table that has decades of history and family legacy for me. A table that my family helped to build. …Being on the TKO Board of Directors, and taking full ownership of my name, ‘The Rock’, is not only unprecedented, but incredibly inspiring as my crazy life is coming full circle.”

He continued, “I’m very motivated to help continue to globally expand our TKO, WWE, and UFC businesses as the worldwide leaders in sports and entertainment — while proudly representing so many phenomenal athletes and performers who show up every day putting in the hard work with their own two hands to make their dreams come true and deliver for our audiences. I’ve been there, I’m still there, and this is for them.”

Johnson has since appeared in WWE TV’s “WWE Bad Blood” in 2024 and will be a part of its launch on Netflix with “WWE Raw” on Monday, Jan. 6, 2025.

 

As part of Johnson’s involvement, he has also been given a stock award of 96,557 Class A shares. Valued at $13,749,716.80, or $142.40 per share, he received the stock on Dec. 31, 2024, according to an SEC filing. The shares are half of the 193,115 stock units he was granted on Jan. 23, 2024. The remaining amount will be dispersed throughout 2025. Johnson now owns 289,673 shares valued at approximately $41 million, reports Wrestling Observer Figure Four Online.