Vince McMahon’s net worth: In April of 2023, Vince McMahon shocked the world by selling off the entirety of his beloved professional wrestling company, World Wrestling Entertainment (WWE) to Endeavor. The deal was met with mixed reactions – some were ecstatic, while others lamented the end of an era.
But one thing is for certain: Vince McMahon made a handsome amount from the sale. Since then, fans have been wondering where his net worth jumped to after selling the WWE empire. We’re here to set the record straight and delve into Vince McMahon’s net worth today and how that number has changed since April 2023. So buckle up and prepare for wild numbers, because we’re about to explore Vince McMahon’s net worth now and how it compares to before he sold WWE.
Vince McMahon’s Pre-April 2023 Net Worth
Before April 2023, Vince McMahon had an impressive net worth of $2.2 billion, a figure he attained largely through his work as the chairman and CEO of World Wrestling Entertainment (WWE). Despite many controversies across the years, Vince McMahon’s WWE has grown to become a worldwide phenomenon that brings in millions in revenue each year. And with a family stake of approximately 38 percent in the company, it’s no surprise that Vince McMahon himself earned such a hefty sum.
In addition to his continued success in the wrestling industry, Vince McMahon has ventured into other business ventures like XFL and is the founder of Alpha Entertainment. Even with these additional investments, his primary source of wealth has remained as WWE. So even before April 2023, Vince McMahon was already living quite lavishly with an estimated net worth that would take most decades to attain.
Vince McMahon’s Net Worth: The Selling of the WWE to Endeavor
At the end of April 2023, Vince McMahon made headlines when he sold the WWE to Endeavor. Now WWE will merge with UFC. The merger of two big companies will make the entity the biggest sports and entertainment company globally. Endeavor has 51% rights of the company while WWE will have 49%.and this move sent shockwaves through both sports and entertainment.
The sale not only spelled good news for fans of wrestling but also for Vince McMahon’s net worth. It was said that his net worth went up to $3.1 billion, which is a huge increase. Vince McMahon is now one of the richest people in the world. This amount is more than five times what he had at the beginning of 2020. Vince McMahon is at the place 968th on the Forbes list of billionaires.
Overall, Vince McMahon’s sale of the WWE has had a dramatic effect on his net worth. His success is a result of his entrepreneurial spirit and decades of determination to make wrestling into the mainstream phenomenon it is today – a feat that earned him billions in return!
