Vince McMahon’s Net Worth: Full Details

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Written By Benny Sams

 

 

 

 

 

Benny Sams is a seasoned writer who has written for the likes of The Parrot, Top Story, P&P, Kwesipino.com, nanansem.com as well as the Flex Newspaper.He has several years of writing experience and was nominated for the first edition of the GN Bank Awards for the Entertainment Journalist of the Year Category. He holds a first degree in Banking and Finance from the University of Ghana and has vast working experience in Customer service.

Vince McMahon was born on August 24, 1945. Vince McMahon can be described as an American businessman, media proprietor, sports executive, and professional wrestling promoter. It must be stated that he is a co-founder of the modern WWE, which is the world’s largest professional wrestling promotion.

Vince McMahon serves as the current Executive Chairman of the promotion’s parent company TKO Group Holdings. He used to be the chairman, CEO, and controlling shareholder of WWE and he was in that position for 40 years. It must also be noted that Vince McMahon established Alpha Entertainment in 2017 to oversee the 2020 revival of the XFL, an American football league.

With respect to education, Vince McMahon attended and graduated from East Carolina University. He earned a degree in business in 1968. It was in most parts of the 1970s that he began his career in professional wrestling as a commentator for WWE (then called the World Wide Wrestling Federation or WWF. He bought World Wide Wrestling Federation or WWWF from his father, Vincent J. McMahon, in 1982.

World Wide Wrestling Federation or WWWF which later became WWE faced stiff competition from World Championship Wrestling (WCW) in the 1990s.WWE subsequently purchased World Championship Wrestling (WCW) in 2001. Vince McMahon launched the WWE Network, a subscription video on-demand over-the-top streaming service in 2014 and he also owns other WWE multimedia subsidiaries and a professional wrestling training facility.

On two occasions, he has joint-owned and operated the XFL American Football League. He was the head of the short-lived World Bodybuilding Federation. Vince McMahon is the co-owner of the clothing brand Tapout.

Vince McMahon’s Net Worth

Vince McMahon had a $12 million penthouse in Manhattan, New York; a $40 million mansion in Greenwich, Connecticut; a $20 million vacation home and a 47-foot sports yacht named Sexy Bitchas of 2006. His wealth got to $1.1 billion in 2001. His wealth was estimated to be $1.2 billion as of 2014. His wealth in 2018, was believed to be $3.6 billion. As of 2023, he is believed to be worth $3.1 billion.

Reference:

https://www.sportskeeda.com/wwe/vince-mcmahon-net-worth
https://en.wikipedia.org/wiki/Vince_McMahon

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