Ari Emanuel, executive chairman and CEO of TKO Group — parent company of WWE, UFC and other businesses — had a compensation package worth $67.36 million last year, according to a regulatory filing.
In 2025, Emanuel’s compensation from TKO included a base salary of $3 million, an $11.88 million cash bonus, $44 million in stock awards and $8.12 million in cash under the company’s incentive plan. His package also included the value of the personal use of aircraft provided to him, with an incremental cost calculated at $365,519, per the company’s filing.
The total is considerably higher than Emanuel’s 2024 pay package from TKO of $18.1 million. In 2023, his compensation from TKO was $64.9 million, a total that included a $24 million cash bonus and stock awards worth $40 million.
Mark Shapiro, TKO’s president and chief operating officer, had 2025 compensation of $42.64 million, up from $32 million in 2024. Last year, his pay package included $4 million in salary, $12.5 million cash bonus and stock awards valued at $25.85 million. Shapiro’s personal use of company aircraft in 2025 was valued at $281,603.
Emanuel also serves on the Board of Endeavor Group Holdings, which adopted the public-facing name of WME Group after it went private in a $25 billion deal with Silver Lake in March 2025. Shapiro serves as president and managing partner of WME Group.
Endeavor Group Holdings retains a 63.9% controlling ownership stake of publicly traded TKO Group, which comprises UFC, WWE, IMG, On Location and PBR.
As of the end of 2025, Vince McMahon, former CEO of WWE, owned 8.6% of the company’s Class A shares and held 3.4% voting power.
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