Vince McMahon is an incredibly rich man. He was featured in Forbes’ list of billionaires at the #691 spot with $3.2 billion. Last year Forbes listed McMahon’s net worth at $1.7 billion meaning that The Chairman’s value increased by an impressive $1.5 billion in the last year.
You can read Vince McMahon’s description as it appears on the list below. It is rather interesting how WWE’s Saudi Arabia partnership was not mentioned on the list as a reason for this booming period in WWE.
Vince McMahon is chairman and CEO of entertainment company World Wrestling Entertainment (WWE), which hauls in nearly $1 billion in annual revenue.
A third generation wrestling promoter, McMahon grew up in a trailer park in North Carolina and joined his father’s small wrestling company in 1972.
McMahon purchased the business 10 years later, then transformed the World Wrestling Federation from a regional operation into a global phenomenon.
WWF (now called WWE) went public in 1999; today its programs are broadcast in roughly 150 countries and more than 30 languages.
His foundation has gifted funds to the Boys & Girls Club of Stamford, CT, and Breast Cancer Alliance.
Of course, McMahon wasn’t the richest man on the list. In fact, his pro wrestling competition, AEW owner Shahid Khan found a spot at #224 worth $7.2 billion.