- Full Name: Vincent Kennedy Mcmahon
- Net Worth: $750 Million
- Occupation: Actor, professional wrestler, film producer, CEO and chairman of WWE
- Marital Status: Married to Linda Mchanon
- Ethnicity: White
What Is Vince Mcmahon Net Worth
Vince Mcmahon net worth is a rough estimate of $750 million. He juggles all including acting, film production, wrestling commentator, occasional wresting and promoter. No wonder the large figure of his net worth. Vince is widely recognized for his contributions in the world of wrestling. Nevertheless, he has created a niche for himself in the film industry too. He is one of the celebrities who most people, would want to know his worth. For you to understand the wealth of Vince Mcmahon, you must look in details all of his riches.
His Success In WWE
How much is Vince Mcmahon worth? Born in 1945, his childhood was not any different from other children his age. However, down there, a successful person was being nurtured. He has confessed in several accounts that he was raised by a single mother and a series of step fathers. Nevertheless, this kind of upbringing did not chatter the dream he had. He even saw his stepfathers beat his mother. Today, Vince Mchanon is the chairman of the board and the CEO of World Wrestling Entertainment (WWE). He takes the crown for being the most successful and influential person in professional wrestling. During his time, he has produced popular wrestlers including Steve Austin “Steve Cold”, Undertaker, Rock and many more. Up to date, WWE still remains relevant and receives high ratings in various media, great PPV buy charges and large gates at live performances.
While we all know it for entertaining us, with interesting wrestling performances, WWE also majors in merchandise such as DVDs and clothes. Under the management of Vince Mcmahon, the company has gone out of its way to regulate the way customers use their content via their network. They are trying not to rely on PPV purchases but instead channeling its resources to offering their consumers content, through a monthly subscription service.
Vince Mcmahon does not only lead the WWE but he has a large stake in the company. He has to his side 39, 272,641 shares of the class B stock. These shares are readily convertible to class A. He owns all of the shares directly and hence, guaranteeing him about 81.8% of the voting power. Besides their sizeable stake in World Wrestling Entertainment, they have invested in other things too.
Other Family Assets
Their wealth measure came in the public limelight when Vince Mcmahon wife, Linda, was required to disclose the family’s worth. As she disclosed, they own shares in Target and Apple. They also have investments in private funds as well as municipal bonds. For duration of one year in 2011, the family pocketed about $8.2 million to $29.9 in dividends and interest. A big portion of the money came from WWE. At one time, their net worth hit $1.2 billion. This is when the shares of WWE, reached a high of $24 in 1999. The same happened in 2014, when the shares retailed at $28, making him to be listed among the billionaires yet again. Even if this glory did not take long, the $750 million net worth is not bad either.
Linda’s two attempts to be at the senate have led to the loss of $100 million. This was a huge blow to Mchanon’s family wealth but they seem to be unwavering, since to date Vince’s net worth is $750 million. When he was a professional wrestler he won World Championship Wrestling and Extreme Championship Wrestling. He also acquired the 1999 Royal Rumble.
Vince Mcmahon Major Properties
Their mansion in Greenwich, Connecticut can command $40 million, a penthouse for $12 million in Manhattan and $20 million vacation home. Vince Mcmahon house in Greenwich is the main home for him and the family. It covers a large area, great furnishings and an outdoor to behold. Owing to their enormous wealth, we could not expect the interiors to be cheaply decorated, where everything exudes elegance and modernity. Mchanon also owns a yacht measuring 47 foot called “Sexy Bitch”.
Vince Mcmahon net worth is not static. We have seen it rise in the past and there is nothing that will prevent it from skyrocketing. While his wife’s two failures in the political race has influenced the Mchanon’s wealth negatively, he still have good sum. As long as the WWE shares continue fair well in the market, Vince’s net worth will hit a billion or even more. Remember he has been there before. Hence, this will not be a problem.
Vince Mcmahon Body Statistics:
- Measurements: Not available
- Height: 6’2”
- Weight: 220 pounds or 99kgs
- Shoe Size:
- Hair Color: Light brown
- Eye Color: Hazel