Vincent Kennedy McMahon
Greenwich, Connecticut, US
Vince McMahon’s Net worth (2022)
Source of wealth
Grants to Fishburne Military School, Sacred Heart University, East Carolina University; Make-A-Wish, Be a Star, Susan G. Komen for the Cure
Married to Linda McMahon
Vince McMahon net worth, a professional wrestling promoter and executive, as well as an entrepreneur and film producer who currently serves as WWE‘s chairman and CEO. McMahon inherited the company from his dad, took it to new heights, and has since become extremely wealthy.
Vince McMahon currently ranked at 1397 on the Forbes list of billionaires. Named in the Forbes 400 (the ranking of the richest Americans) in 2019. Vince was born in a small trailer park in North Carolina, joining his father’s wrestling company at age 14.
10 years later, he purchased the business and changed its status from a regional operation to a global phenomenon. With assistance from his ideas and innovations, he single-handedly changed the way people perceived professional wrestling and made WWE a billion-dollar enterprise which it is today.
Vince McMahon introduced elaborate storylines involving flashy costumes and music, leading to an immersive experience, something which audiences had never experienced.
What Is Vince McMahon Net Worth In 2022?
McMahon net worth is 2.3 billion dollars. What’s more surprising is that McMahon has invested $500 million on reviving the XFL and he sold the company due to COVID-19, a law created by Dwayne Johnson which protects the company from foreign competitors.
McMahon’s Family Net Worth
Forbes reports that Vince McMahon makes an average of $1.4 million dollars per year in salary followed by his wife, Linda McMahon with a net worth of $79 million. Stephanie McMahons is the only heir to the WWE‘s shares portfolio with an estimated £75 million ($122 million) earned through her success in WWE.
Shane McMahon is just a main-event wrestler with no creative input as an owner of the WWE and a contracted performer. Triple H, as the owner of NXT, earns $40 million. Stephanie McMahon is also married to Hunter, who is worth $35 million, making their combined value well above $100 million.
Vince McMahon Wife
Vince met his wife when he was 16 and she was 13. They shared their mothers’ job at the same office. They dated throughout high school, before they married each other later on in life.
At age 17, Linda was proposed to by Vince McMahon. They got married on August 26th of 1966, and they have two children and six grandchildren.
Vince McMahon’s House
The protagonist of Vince McMahon’s rags to riches story invested in a luxury lifestyle, suffering financial reversals in the process. One of his most extravagant purchases was his mansion along Hurlingham Drive. The MCMahon family bought the 10-acre estate for $25 million and it has a value of $40 million
As Chairman of World Wrestling Entertainment, Vince McMahon loves to show off his power. In the late 1990s and 2000s, he would walk in a special way to show other wrestlers and fans he was someone who wasn’t to be messed with.
The Chairman’s signature walking motion became popular and is often referenced as the Vince McMahon Power Walk, often referred to as the Billion Dollar strut. As years passed, the power walk became more popular, leading it to be imitated by known personalities around the world.
In 2001, Vince McMahon ventured into the world of American football when he created a professional football league of his own, dubbed the XFL. In this process, he tried to infuse professional wrestling with professional football by bringing 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 XFL, however, last only one season before it disbanded. On January 25th 2018, McMahon announced that he would revive the league without its sports entertainment features and the new season would begin in 2020. As a result of COVID-19 hitting the globe, the new league stopped after only 5 weeks.
An auction of the XFL was scheduled to take place, but just hours before the auction was scheduled to take place, a consortium led by Dwayne Johnson purchased XFL.
On the 22nd July, 2022, Vince McMahon tweeted that he is retiring from the WWE.