Ever wondered how wealthy is Vince McMahon? What’s the net worth of Vince McMahon in 2018 considering how much he boasts about it? But who exactly is Vince McMahon?. Well, Vince McMahon is a professional wrestling promoter, a well-recognized television personality, a businessman, and currently the owner with 70% stake, chairman of the Board and the CEO of WWE, Inc, the man behind one of the most successful company in the entertainment business in the world, where its programs have reached to over 800 million homes globally and aired in over 25 languages in over 180 countries.
He has been on the forefront of WWE business for over five decades now, and he is the person who has made WWE into the global phenomenon it is today. Today we are going to give more details regarding Vince McMahon net worth in 2018 and also reveal a few things you probably don’t know about the CEO of WWE Vince McMahon.
Vincent Kennedy McMahon is the name given to him by his parents Victoria and Vincent James McMahon when he was born in 1945 in the state of North Carolina. When he was growing up, he was raised by the mother and a string of stepfathers since the biological father left them when he was still a baby, and they never met again until he reached the age of 12. For his education, McMahon was a student at Fishburne Military School where he graduated in 1964.
McMahon is the father to Stephanie who currently serves as the Chief Brand Officer of WWE and the WWE Raw brand commissioner and Shane a minority owner of WWE and the commissioner of WWE SmackDown Live. He is also a husband to Linda McMahon the head of U.S. Small Business Administration in Donald Trump administration. They met when Linda was just 13 and Vince 16, but they married in 1966.
McMahon started out his career as a commentator in the World Wrestling Federation back in 1971. He continued his role as a regular play-by-play commentator until 1997. After his retirement as a commentator, he started taking active managerial roles of WWF.
His journey in establishing WWE network to a global multi-billion dollar business is filled with tactics of buying other competitors and playing dirty in the ring.
As a wrestler where he used to go by the nicknames “The Genetic Jackhammer,” “The Higher Power” and “Vinnie Mac,” he won ECW World Championship (1 time), WWF Championship (1 time) and Royal Rumble (1999). His finishing moves were pedigree and Stunner.
Today under his leadership he made WWE to become a global leader in the entertainment business where its programs have reached to over 800 million homes globally and in over 25 languages. The WWE network today is available to more than 180 countries in the world.
Apart from wrestling, he is the founder of Alpha Entertainment which will be used in the resurrection of XFL an announcement he made in 2017.
On awards & achievements received by Vince McMahon he has been honored with a star on the Hollywood Walk of Fame, a honorary Doctor of Humane Letters degree from Sacred Heart University, Wrestling Observer Newsletter Hall of Fame (Class of 1996), Professional Wrestling Hall of Fame and Museum class of 2011, and several Wrestling Observer Newsletter awards such as Best Booker, best promoter, best non wrestler among others.
Net Worth, Salary & Income
Vince McMahon net worth is estimated to be around $2.5 billion. This value puts McMahon as one of the 400 richest Americans and among the 1400 richest billionaires in the world. It’s a great improvement for Vince McMahon considering back in 2014 his name was struck out in the list of billionaires when his net worth dropped by $350 million as WWE stock plummeted. The source of Vince McMahon net worth in 2018 is the success of WWE which in 2017 the company reported revenue of $800 million which is the highest the company has ever achieved. Today WWE programs have reached over 800 million homes, and the WWE network is in over 180 countries making the company a leading entertainment giant.
7 Facts You Need To Know About Vince Mcmahon
Vince McMahon has led a very secretive life just making appearances to WWE when the need arises hence no one knows much about him. Today all that changes as we reveal to you a few things you probably don’t know about Vince McMahon.
1. Did you know that Vince McMahon once had dyslexia, but he has already overcome it?
2. Do you know that WWE initially was owned by several people, but McMahon bought the shares of the co-owners and gave them a lifetime job?
3. In 1999 he had an unfortunate motorcycle accident.
4. If you so wish he fits the title of Dr. Vince McMahon considering he has an honorary doctor of humane letters degree awarded to him by Sacred Heart University.
5. He has a brother known as Rod McMahon.
6. World Bodybuilding Federation belonged to Vince McMahon.
7. In the 1990s he nearly lost everything and could even go to jail when he was accused of forcing wrestlers to take up steroids. The case was thrown out after one of the people testifying stated he hates Vince.
Vince McMahon net worth in 2019 will sharply rise considering WWE is making huge profits every year, and now that in 2017 they got $800 million if the same success is replicated in 2018 then he will be smiling all the way to the bank.