World Wrestling Entertainment (WWE) founder Vince McMahon is perhaps the most influential figure in professional wrestling history.
WWE has maintained a dominant position in professional wrestling for the last four decades, holding the title of the largest wrestling promotion globally.
McMahon acquired the company from his father in 1982 when it was part of a regionalized landscape in the wrestling industry.
Under his leadership, WWE underwent significant national expansion and eventually became a global and pop culture phenomenon, transforming how professional wrestling was presented and consumed.
McMahon has also been a visible on-screen character on WWE programming, often portraying a villain in various storylines over the years.
The company has played a crucial role in launching the careers of notable movie stars such as Dwayne "The Rock" Johnson, John Cena, and Dave Bautista, as well as wrestling legends like Stone Cold Steve Austin, The Undertaker, Triple H, and Randy Orton.
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Vince McMahon's Net Worth 2024: $2.8 Billion
The 78-year-old McMahon is worth $2.8 billion as of 2024, according to several reputable sources such as business and financial news outlets Forbes and Sporting News,
This amount places him as the 366th richest person in the United States and the 1104th in the world.
McMahon's net worth has experienced fluctuations over the years. It increased from $1.2 billion in 2014 to a peak of $3.2 billion in 2019, followed by a decline to $1.8 billion in 2020. It has since shown a gradual recovery to its current state.
After a sensational return to the company in early 2023, McMahon signed an employment deal to serve as the chief executive, with a compensation package that could reach as high as $7.6 million, per Sportico.
This includes a base salary of $1.2 million, a target cash bonus of 175% of his base salary (equivalent to $2.1 million), and stock awards of $4.3 million, which is dependent upon the company meeting performance targets.
Vince McMahon's Wealth
In the initial months of 2023, Endeavor brokered an agreement to form TKO Group Holdings through the merger of WWE with another Endeavor-owned asset, the mixed martial arts promotion UFC.
McMahon orchestrated the sale of the company to facilitate this arrangement. Nevertheless, he retains a leadership position as the executive chairman of TKO.
In late 2023, McMahon sold 8.4 million shares of Class A common stock in TKO Group Holdings, the company formed by the merger of WWE and UFC, for a total of $670.3 million.
McMahon resides in a luxurious mansion in the prestigious neighborhood of Greenwich, Connecticut. According to The Sun, the last valuation of the property in 2006 estimated its worth to be around $40 million.
The three-story mansion features nine bathrooms, a gym, and a guest room. Additionally, the house includes a spacious conservatory area, contributing to the substantial value of the 10-acre property.
The professional wrestling executive boasts an impressive collection of cars in his garage, valued at more than millions.
Some of them include the Bentley Continental GT Supersports, Mercedes-Benz SL600 R, Lincoln Town Car Limousine, Rolls-Royce Phantom, Audi R8 V10 Plus, 1958 Corvette Stingray, and Lamborghini Aventador SVJ Roadster. Additionally, McMahon owns a Challenger 5000 Private Jet, valued at $27 million.
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