Dwayne Johnson, the former WWE wrestler known as “The Rock,” earned $491,000 in royalties from the company last year, according to filings with the U.S. Securities and Exchange Commission.
Dwayne Johnson, who was once a famous WWE wrestler known as “The Rock,” earned $491,000 from licensing his name to the company in the past year, according to filings with the U.S. Attorney’s Office. US Securities and Exchange Commission.
TKO Group Holdings, a company formed after parent company Endeavor merged UFC and WWE, also announced in the filing that Johnson had been added to the board of directors.
As a member of the board of directors, he will continue to earn income from licensing his name and likeness in the coming years from the revenue generated.
According to the filing, Johnson will also receive a restricted stock award worth up to $30 million as well as ownership of the trademark of his nickname, “The Rock,” which he has owned since 2000.
Speaking in an Instagram video, Johnson, 51, said: “I have the opportunity to sit at the table that my grandfather and father helped build. The name The Rock, I owe everything in this life. There is no That name, I don’t have a wrestling career, I don’t have a Hollywood career. That name has really allowed me to be who I am and that’s very special to owning my entire brand, The Rock, was not only unprecedented but also a huge inspiration in my journey.”
Johnson, who won the world title 10 times, retired from wrestling full-time in 2004 but still regularly appears in special events.
He made his feature film debut in 2001 with “The Mummy Returns” and has since appeared in nearly 50 films. According to online database The Numbers, his films have grossed more than $13 billion at the worldwide box office.
In 2012, he founded the film production company Seven Bucks Productions.
According to Celebrity Net Worth, the company’s name is a reference to the difficult times in his life when he was cut from the Canadian soccer team and ended up living in Florida with $7 to his name.
The production company has produced films including “Shazam!”, “Black Adam” and two installments of the “Jumanji” franchise.
California-born Johnson’s net worth is estimated to be around $800 million. The majority stake in his fortune is in Teremana, a beverage brand he created.
According to Celebrity Net Worth, the brand sells about a million cases a year, which is worth several billion dollars. He has or currently has partnership and endorsement deals with companies such as Apple, Ford and Under Armour.
Johnson is known as one of the highest-paid entertainment stars. In a normal year, he earns at least $100 million from various films and endorsement efforts.
Thanks to his large number of followers on social networks, Johnson signed a contract requiring advertising fees of up to 4 million USD just to promote his film. According to Celebrity Net Worth, this figure does not include salary and support points.
The SEC filing also said Johnson was involved in various business ventures, including ZOA Energy, an energy drink company in partnership with Molson Coors.
In 2020, he co-led the acquisition of the XFL, a professional football league in the US, and relaunched the league in 2023. Recently, the XFL merged with the USFL to form the United Football League.