Vince McMahon is the richest ever person in WWE. The 76-year-old has a net worth of $2.5 billion.
Vince is a former WWE CEO and chairman. He stepped down from the two positions on June 2022 and then announced retirement on July 22, 2022.
Apart from being a prominent figure in the wrestling world, Vince is also a successful entrepreneur. He is the founder of Alpha Entertainment.
Wrestling is among the top paying sports in the world. Professional wrestlers who work for WWE earn millions of dollars as they risk their lives entertaining the fans.
Vince McMahon is the richest person ever in WWE, with a net worth of $2.5 billion. In 2021, Vince ranked No. 1,517 on Forbes’ list of billionaires in the world.
The former professional wrestler served as WWE’s chairman and chief executive officer (CEO) from 1982 to 2022. McMahon is the majority owner of WWE.
Vince McMahon. Photo/ Comic.Book.com.
The 76-year-old stepped down as CEO and chairman of WWE on June 17, 2022, and then announced retirement from WWE on July 22, 2022. However, he continues to oversee content development at WWE. His daughter, Stephanie McMahon, took over as WWE’s CEO.
Vince was born in Pinehurst, North Carolina, U.S., on August 24, 1945. His first name was Vince Lupton because he didn’t know his real father. Vince had a difficult childhood as he lived with his mother and stepfathers.
One of his stepfathers, Leo Lupton, was so violent. At one point, he beat both Vince and his mother mercilessly.
The former WWE CEO knew his real father, Vince McMahon Sr. when he was 12. McMahon Sr. was a famous wrestling promoter. He returned to his family after Vince’s intervention.
Vince has always wanted to be a professional wrestler since his childhood days. However, his father didn’t let him be a wrestler because he feared for his health. Vince’s father also felt his son didn’t have enough height to make it in the wrestling industry.
Vince attended the same military school as former US President Donald Trump. The two have a long friendship which dates back to their time at Fishburne Military School.
Vince McMahon and Donald Trump. Photo/ Entertainment.ie.
Career
Vince McMahon followed the footsteps of his father in the wrestling industry. He often accompanied his father on trips to Madison Square Garden.
The legendary wrestling promoter made his debut as an in-ring announcer for his father’s WWWF’s All-Star Wrestling in 1969. He became a play-by-play commentator for television matches in 1971. He regularly maintained the role until November 1997.
Vince McMahon bought his father’s company Capito Wrestling Corporation in 1982. The company was by then run by regional promoters. He is responsible for transforming the sport into what it is now.
Capito Wrestling Corporation was later known as World Wrestling Foundation (WWF) between 1970-2002. The name of McMahon’s company eventually changed to what wrestling fans now know, World Wrestling Entertainment (WWE).
Apart from being the owner, Vince McMahon is also a former wrestler. The legendary American superstar has feuded with several wrestlers in the ring. Stone Cold Steve Austin, Triple H, Ric Flair and Hulk Hogan are among famous wrestlers who have fought with Vince in the ring.
Vince McMahon. Photo/ Muscles & Fitness.
Vince McMahon is not among the most successful wrestlers in WWE. However, he has won three major titles; WWF Champion, WWE ECW Champion and Royal Rumble. He only won each of the titles once in his career.
Personal Life
Vince is married to Linda McMahon. The couple, which has two children, has been married since August 1966. However, they knew each other while they were teenagers. The two met in a church when Vince was 16 and Linda was 13. Linda McMahon is a former wrestler.
Vince McMahon’s daughter, Stephanie McMahon, is married to legendary wrestling superstar Triple H. Stephanie is the current CEO of WWE.
Apart from making a name in the wrestling industry, Vince is also a successful businessman and media player.
FAQs
What is Vince McMahon’s net worth?
Vince has a net worth of $2.5 billion.
What is Vince McMahon’s salary?
McMahon used to earn $100 million per year at WWE.
Abraham Odhiambo is an avid sports fan who loves to write about football, boxing and wrestling. He's a big supporter of Manchester United. He's pursuing a bachelor's degree in Communication and Media at Egerton University.
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