Vincent Kennedy McMahon is an American professional wrestling promoter and executive, alongside being an entrepreneur, film producer and an actor. Mr.McMahon currently serves as the chairman and CEO of WWE, the business that he inherited from his father and took it to further heights. Vince McMahon is currently ranked at #691 in Forbes list of Billionaires in 2019 and was named in the Forbes 400, the list of richest Americans in 2018. Born in trailer park in North Carolina, he joined his father’s wrestling company in 1972.
10 years later, he purchased the business and changed its status from a regional operation to a global phenomenon. He single-handedly changed the way people perceived professional wrestling and made WWE a billion-dollar enterprise which it is today.
Vince introduced elaborate storylines, flashy costumes and music to wrestling entertainment, and turned it into an immersive experience, something which audiences had never been introduced to. The WWE Owner is also a two time WWE champion and has defeated the likes of Ric Flair, The Undertaker, Triple H, in his wrestling career. More recently, Vince McMahon has been active in his backstage role as the authority figure along with the rest of the McMahon family.
- Vince McMahon Net Worth 2020
- McMahon Family Net Worth
- Vince McMahon Wife
- Vince McMahon House
- Vince McMahon Walk
- Vince McMahon XFL
Vince McMahon Net Worth 2020
As of 2019, McMahon’s net worth was listed at $1.7 billion, but in just 12 months he has double his value, with Vince McMahon’s net worth now standing at a mammoth $3.2 billion. The figures seem even more impressive when you consider the fact that Vince has invested $500 million to resurrect the XFL.
The rise in Vince McMahon’s net worth is directly related to the two huge deals that WWE signed recently, one with FOX Sports and the other with Saudi Arabia sports authority.
McMahon Family Net Worth
As per recent reports Vince McMahon earns approximately $1.4 million, per annum on average in salary. Next comes his wife Linda McMahon followed by their daughter Stephanie Mcmahon who has a net worth of $79 million. She serves as the global marketing ambassador and also has multiple WWE shares under her name.
Stephanie McMahon is married to Triple H, who is the owner of NXT and earns $40 million for his creative input in storylines, besides earning bonuses for being a contracted superstar. Lastly, Shane McMahon is valued at around $35 million, and he has no control over backstage events. On paper, he is just an in-ring talent.
Vince McMahon Wife
Vince met his wife Linda when he was 16 and she was 13. Their mothers worked at the same office. They dated throughout their high school years. Shortly after completing their respective graduations, Vince McMahon proposed Linda. They got married when Linda was just 17. They walked down the aisle on August 26, 1966, and have two children and six grandchildren.
Vince McMahon House
Vince McMahon’s rags to riches story led him to invest in various luxurious belongings. However, his most expensive purchase would be his mansion along Hurlingham Drive. McMahon family purchased the 10-acre abode for $25 million and last it was valued at $40 million, back in 2006.
Vince McMahon Walk
WWE Chairman Vince McMahon is known as someone who loves to show off his authority. During the Attitude Era, he started walking in a special manner to flaunt his power. Later, this signature gait of the Chairman was termed as the Vince McMahon Power Walk, often referenced as the Billion Dollar strut. As years passed, Mr.McMahon's power walk became immensely popular, leading to its imitation by known personalities around the world.
Vince McMahon XFL
In 2001, Mr.McMahon ventured into the world of American football when he created a professional football league of his own, dubbed the XFL in which he tried to infuse professional wrestling with professional football by bringing in WWE personalities such as Jesse Ventura, Jim Ross and Jerry Lawler as part of the on-air commentary team alongside veteran sports personalities and pundits. The league however lasted only one season before ultimately getting disbanded. On January 25, 2018 McMahon announced that he will revive XFL without its sports entertainment features and the new season will start at 2020
|Full Name||Vincent Kennedy McMahon|
|Vince Mcmahon Age||74|
|Residence||Greenwich, Connecticut, US|
|Vince McMahon Net worth||$3.2 billion|
|Source of wealth||WWE, Alpha Entertainment, other business ventures|
|Endorsements||Rock concerts, International Association of Arena Managers, World Bodybuilding Federation (1990-1993), XFL, WWE Network, donations to American Crossroads, America Rising, Donald J. Trump Foundation, Vince & Linda McMahon Family Foundation Inc.|
|Charity||Grants to Fishburne Military School, Sacred Heart University, East Carolina University; Make-A-Wish, Be a Star, Susan G. Komen for the Cure|
|Marital Status||Married to Linda McMahon|
People Also Ask
How much does Vince McMahon make a year?
The WWE Chairman and his wife Linda McMahon earn nearly $100 million per year.
Who is the real owner of WWE?
Vincent Kennedy McMahon is the majority owner of WWE as he possesses 42% stock of the company. Mr.McMahon also owns 83% of the voting power.
How much is the WWE worth?
As of 2020, WWE is worth approximately $5.71 Billion.
When did Vince McMahon become a billionaire?
In 1999, when WWE stocks became public, Vince McMahon earned the billionaire status for the first time.
Is WWE real or scripted?
WWE is an entertainment-based, choreographed wrestling show. Although the matches are scripted, the performers often get hurt for real while performing the moves on fellow wrestlers.