Trump Bought UFC Stock Ahead of White House Cage Fight

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A photo illo illustration of Donald Trump, a mockup of the UFC fight at the White House, and flying money.https://thedailybeast-thedailybeast-prod.web.arc-cdn.net/resizer/v2/IB6Z3EJ7ZBE2DKYBMTPE7INATM.jpg?auth=c389b3749b0726ae40b2228a1ab047291f49116337467bb51247b84ac895fc1c&smart=true&width=3000&height=1688" />
Photo Illustration by Thomas Levinson/The Daily Beast/Getty

Donald Trump bought stock in the parent company of the Ultimate Fighting Championship (UFC) just as the White House prepared to host a made-for-TV fight spectacle that could shower the business with publicity.

In the latest example of the billionaire president blurring the line between public office and personal enrichment, financial disclosures released this month showed Trump purchased up to $50,000 worth of shares of TKO Group Holdings, the publicly traded sports giant that owns both the Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE).

The cage match on the South Lawn will certainly be a first-of-its-kind spectacle. / Kevin Lamarque / REUTERShttps://thedailybeast-thedailybeast-prod.web.arc-cdn.net/resizer/v2/S33TP5B7MJBYNBAPWDO3VZUY2I.JPG?auth=ecfe6869961afffa4af7fb0f2df18991621ba57b0aa7c200eddc54ce679132c0&smart=true&width=2306&height=1584" width="2306" />

https://www.thedailybeast.com/trump-cashes-in-on-ufc-stock-ahead-of-white-house-cage-fight/">Read more at The Daily Beast.

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