How much is Vince McMahon worth? $2.6 billion
How did Vince McMahon earn his money and wealth?
Vince McMahan owns World Wrestling Entertainment Inc (WWE), a worldwide well-known American entertainment company that chiefly deals in professional wrestling, with revenue rolling in from the movies, product licensing, product-sales, music, live events, collaborations, and network streaming services. The company formerly belonged to his father who passed on the legacy to son Vince in 1982, and since then he has transfigured the industry by launching several divisions and subsidiaries of the parent company.
The WWE linchpin is estimated to have a net worth of 1.23 billion dollars. The figures appear beyond the realm of reason but the reality is undeniable. The Honcho hunk was a trailblazer for many ideas in WWE entertainment industry that now uproar to any Premier League directors’ box. Beating out the biggest boors and beast of men in the history of wrestling, Vince, marked a record-breaking success becoming the 4th highest paid WWE employee. The triumphant fights made him order a bulky pay cheque of $3.3 million. However, a time came in amidst of Vince’s winning path, when Hulk Hogan taking a break of few years, resumed to WWF in 2002 and got successful in beating Vince McMohan in WrestleMania XIX.
Vince McMahon has an appealing personality with blue eyes and blonde hair. He has a massively muscular body with biceps of 24 inches, Chest of 58 inches and waist size is 37 inches, which made him a heartthrob of millions of hearts when he appeared on big screen after Wrestlemania. In April 2016, after a fall-off, when network booked a huge loss of $350 Million in a single day because of investors pulling out money, Vince managed to ascend again with rising stock value. Owning a stake of 52% in WWE’s network company stocks, Vince announced becoming a billionaire again, when his stock currently went up to 19.96% from 18%, thereby approximating a net worth of 1.1 billion dollars.
The biggest reason behind the surge of stocks is the prosperity of the WWE Network, which went with 1.22 million subscribers for $9.99/ subscriber. The speculations of WWE buying TNA’s video library set the base for this figure to scale up to even higher. Hoping to obtain better ratings, WWE transfigured their deal with USA Network and NBC Universal, making SmackDown stream live on Tuesdays. The deal enabled to rake in $3 million a week for both ‘Smackdown Live’ and ‘RAW’. With all these moolah coming in, Vince enjoys his royalties of net worth.
Vince is married and has two daughters who have taken over the central role in front of camera, while he be administering the backend in WWE
What are the most popular TV Shows of Vince Mcmahon?
- The Wrestler 1974
- WWF Hall of Fame (1996 TV Special)
- Ladies and Gentlemen, My Name is Paul Heyman (2014)
- The True Story of WrestleMania (2011)
- WWE: Top 50 Superstars of All Time (2010)
- WWE: The Rise and Fall of WCW (2009)
- The Most Powerful Families in Wrestling (2007)
- WWE: McMahon (2006)
- The American Dream: The Dusty Rhodes Story (2006)
- WWE Confidential ( 2003 TV Series)
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