Following reports that the company was being sold to Endeavor Group, WWE has been a hot topic of conversation lately, check out the net worth of Vince McMahon now in 2023
WWE and UFC, two of the largest wrestling entertainment companies in the world, merged under Endeavor Group Holding Inc., the latter’s parent company, in a $21.4 billion record-breaking transaction.
Vince McMahon, the co-founder of WWE and previous chairman, actively participated in the merger for several months after his return from vacation in January. McMahon wants to stay on as an employee of the unidentified company.
Vince McMahon net worth in 2023, age, family, father, wife, children
McMahon is accused of sexually abusing several female athletes and paying the women hush money to keep the information from getting out.
After the merger, a report claimed that Endeavor was completely aware of the public’s unhappiness with McMahon and the fans’ desire for the 77-year-old to be fired.
A look at Vince McMahon
Vincent Kennedy McMahon was born in the US on August 24, 1945. He is a businessman, media proprietor and pro wrestling promoter.
After 40 years as its chairman and CEO, he is now WWE’s primary owner and executive chairman. WWE is the biggest professional wrestling company in the world.
He also established Alpha Entertainment, which he is the owner of, in 2017 to oversee the XFL American football league’s comeback in 2020.
Vince McMahon family
McMahon married Linda Edwards on August 26, 1966, in New Bern, North Carolina.
They first met in church when he was 16 and she was 13; at the time, he went by the name Vince Lupton after his stepfather. They were introduced by his mother. There are rumours that Vince and Linda are no longer together.
Vince and Linda McMahon’s two children are Shane, who left WWE in 2010 and came back in 2016, and Stephanie, who worked behind-the-scenes and on-screen from the 1990s until she resigned in 2023.
The first McMahon to enter the wrestling business was Jess McMahon, Vince Sr.’s father, the father of Vince McMahon. Vincent Jess McMahon is the founder of WWE
What is Vince McMahon’s net worth?
WWE’s shares rose to its highest level since April 2019. Since the last report, the company’s stock has grown by almost 9%, closing at $97.23.
McMahon has reportedly had a very fruitful week thus far, increasing his net worth to $3.1 billion after earning $198 million from the rising stock price, according to Forbes.
He is now at position 944 on the “Real-Time Billionaires List,” despite being $100 million short of his greatest recorded net worth of $3.2 billion (2019).