King of the Ring ( 1999 ) was the seventh annual King of the Ring professional wrestling pay-per-view event produced by the World Wrestling Federation ( WWF ) . The main event was a Ladder match featuring Shane McMahon and Vince McMahon defeating Stone Cold Steve Austin for the control of the WWF . King of the Ring ( 2000 ) was the eighth annual King of the Ring professional wrestling pay-per-view ( PPV ) event produced by World Wrestling Federation ( WWF ) . Shane Brandon McMahon ( born January 15 , 1970 ) is an American businessman and part-time professional wrestler who is a minority owner of WWE and the vice-chairman of Wecast Holdings Inc. . On February 22 , 2016 , he returned to the WWE as an on-screen character .
Shane McMahon is a wrestler for WWF.