Who is Vince McMahon and what is his net worth?
WWE Chairman/CEO, Vince McMahon, is currently under investigation for alleged misconduct. On June 17, 2022, it was announced that his daughter, Stephanie McMahon, had been appointed by WWE to serve as interim CEO and chairwoman during her father’s review period. Who is Vince McMahon? Vincent Kennedy McMahon is the CEO and chairman of World Wrestling […]
WWE Chairman/CEO, Vince McMahon, is currently under investigation for alleged misconduct.
On June 17, 2022, it was announced that his daughter, Stephanie McMahon, had been appointed by WWE to serve as interim CEO and chairwoman during her father’s review period.
Who is Vince McMahon?
Vincent Kennedy McMahon is the CEO and chairman of World Wrestling Entertainment.
The 76-year-old grew up in a trailer park in North Carolina and did not meet his father Vincent James McMahon until he was 12.
His father was a wrestling promoter in the Northeast, organizing regular shows at Madison Square Garden in New York.
In 1972, Vince joined his father in the family business, becoming a third-generation wrestling promoter.
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In 1982, Vince bought the company from his father and transformed it into the global wrestling and entertainment juggernaut that it is today.
World Wrestling Entertainment(WWE) went public in 1999 and as of 2020 is valued at $5.71billion.
WWE continues to be a family business with Vince’s wife Linda, son Shane, and daughter Stephanie all performing and holding executive positions in the company.
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How much is Vince McMahon and his family worth?
Vince McMahon is worth $2.4billion as of June 17, 2022, according to Forbes.
McMahon retains 42 percent of WWE’s outstanding stock and holds 83 percent voting power, according to Sportskeeda.
In 2014, McMahon lost his billionaire status when WWE’s stock went down 40 percent but the CEO regained his billionaire status back in 2016.
Two years later McMahon returned to Forbes 400 richest Americans list.
Vince has two children, his son, Shane McMahon, who is worth $100million, and his daughter Stephanie McMahon Levesque, who served as the chief brand officer of WWE and has a net worth of $150million.
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Vince’s son-in-law Paul Triple H Levesque is married to Stephanie and serves as WWE’s Executive Vice President of Global Talent Strategy & Development, making him number five on Forbes Highest-Paid Wrestlers of 2020.
Vince’s wife, Linda, is a former cabinet minister and has a net worth of $1.6billion.