Vince McMahon

Vince McMahon

Former WWE CEO and Chairman

Current Networth - $3 Billion

Personal Stats

NameVince McMahon
RoleAmerican, Businessman, Former Wrestling Promoter
IndustrySports
Net Worth$3 Billion
Accolades2008 Walk of Fame, 1996 Feud of the Year, 1x ECW World Championship

Table of Contents

  • About Vince McMahon
  • Businesses Owned
  • Early Life
  • Family
  • What Is Vince McMahon’s Net Worth?
  • What is Vince McMahon’s Claim to Fame?

About Vince McMahon

Vince McMahon is a renowned American businessman, professional wrestling promoter, and media executive best known for transforming World Wrestling Entertainment (WWE) into a worldwide entertainment powerhouse. Born on August 24, 1945, McMahon took over his father’s wrestling promotion in the 1980s and revolutionized the industry by introducing larger-than-life characters, national television broadcasts, and pay-per-view events like WrestleMania. Under his leadership, WWE expanded into films, digital media, and merchandise, making it a multi-billion-dollar enterprise. Known for his charismatic on-screen persona and business skills, McMahon played a key role in shaping modern professional wrestling. His career has also been marked by controversies, including legal challenges and allegations, yet he remains a significant figure in the sports and business.


Businesses Owned

  • World Wrestling Entertainment (WWE)

  • Titan Sports

  • Alpha Entertainment

  • XFL football league

  • World Bodybuilding Federation

  • WWE Network

  • New Entertainment Venture


Early Life

Vince McMahon was born on August 24, 1945, in Pinehurst, North Carolina.

  • Vince's father, Vincent J. McMahon was a prominent wrestling promoter, but Vince did not meet him until he was 12 years old.
  • Vince was raised by his mother, Vicki Askew, and a series of stepfathers.
  • McMahon grew up in challenging circumstances, facing financial problems and a tumultuous family life.
  • McMahon graduated from Fishburne Military School in Virginia and later earned a degree in business administration from East Carolina University in 1968.

Family

Vince McMahon comes from a family deeply rooted in the wrestling business.

  • Vince's father, Vincent J. McMahon, was a renowned promoter who ran Capitol Wrestling Corporation, the precursor to WWE.
  • McMahon married Linda Edwards on August 26, 1966, in New Bern, North Carolina. They met in church as young teenagers.
  • Linda later played a key role in the company’s growth, serving as WWE’s CEO for several years before entering politics.
  • Linda was appointed the Administrator of the Small Business Administration by President Donald Trump in 2017.
  • Vince and Linda have two children: Shane McMahon and Stephanie McMahon.
  • Both of their children, Shane and Stephanie have been actively involved in WWE, with Shane contributing as an on-screen performer and executive, and Stephanie rising to high-ranking roles, including Chief Brand Officer and Chairwoman.
  • Stephanie is married to Paul “Triple H” Levesque, a legendary wrestler and WWE executive.
  • Vince also has several grandchildren, continuing the family lineage.

Vincent Kennedy McMahon, better known as Vince McMahon, is an American professional wrestling promoter, commentator, film producer, and occasional wrestler who has a net worth of a staggering $3 Billion. Vince McMahon's impressive wealth primarily stems from his tenure as the CEO of World Wrestling Entertainment (WWE). He was also WWE's largest shareholder before the company sold to Endeavor to merge with UFC under the new name of TKO Group Holdings in a deal worth around $9.3 Billion. Let's take a close look at how the wrestling promoter has built such an incredible net worth.

Net Worth$3 Billion
Yearly Income$5.6 Million
ProfessionAmerican businessman and former wrestling promoter
NationalityAmerican
No. of Houses7
No. of Cars5+

What Is Vince McMahon’s Net Worth?

According to Forbes, as of January 2025, Vince McMahon currently has an estimated net worth of a staggering $3 Billion.

He is ranked 1132 in the Forbes list of Billionaires as of January 2025 and was also named in the Forbes 400, the list of richest Americans in 2023. McMahon's significant portion of his wealth stems from his ownership stake in the multi-billion dollar enterprise WWE, the global wrestling and entertainment empire he co-founded and built. Amidst an ongoing sexual harassment scandal, Mr. McMahon announced he was retiring from WWE on July 22, 2022. In January 2023, Vince returned to WWE as Executive Chairman. He was the company's largest individual shareholder before the organization was sold to Endeavor in April 2023 for $9.3 Billion. Vince stepped down from his role as executive chairman of the board of TKO in January 2024 in the wake of sexual assault allegations.

In April 2019, when WWE shares peaked at $96, Vince McMahon's stake was worth $2.76 billion. However, within six months, WWE stock dropped by 50%, and by February 2020, when the price fell to $44, his stake was valued at $1.2 billion pre-tax. In December 2017, McMahon sold 3.34 Million WWE shares for around $100 Million. In April 2019, with WWE shares at an all-time high, he sold another 3.2 Million shares for $272 Million, just before their value dropped. He invested the proceeds from both sales into his subsidiary, Alpha Entertainment, and planned to invest approximately $500 Million of his own money into the rebooted XFL.

Before WWE was sold to Endeavor, Vince McMahon was the company's largest individual shareholder, owning 28.7 Million shares of WWE stock. He held class B shares, which gave him 80% of the company's voting power, and nearly 38% of its total outstanding shares. On April 3, 2023, Endeavor acquired WWE for $9.3 Billion in an all-stock deal, creating a new company called TKO. McMahon now holds a 34% stake in TKO and serves as the Executive Chairman of its board. As part of the transaction, he received a $100 Million one-time dividend bonus as reported by Variety.

In September 2023, WWE and UFC merged to form TKO, with Vince McMahon owning 16% of the company, or about 28.84 Million shares. Following the IPO, TKO's market cap reached $14.5 Billion, making Vince's stake worth $2.32 Billion, which is included in his reported net worth. McMahon owns 23.4 Million shares of TKO, the holding company that controls both UFC and WWE, representing about 30% of the company's total outstanding equity. In March 2024, it was revealed that Vince had sold 5.4 Million shares for a pre-tax windfall of $400 Million.

Beyond WWE, McMahon has explored various business ventures, including the failed XFL football league, which he attempted to reboot twice, and investments in other entertainment properties. He reportedly plans to invest roughly $500 Million of his own money in the re-booted XFL. His business success is complemented by his influence in the media, where he made appearances in movies and television shows. Despite some controversies and setbacks, including the allegations that tarnished his reputation, McMahon's enduring wealth can be attributed to his unique ability to innovate and stay relevant in the entertainment industry, ensuring his spot among the wealthiest personalities in the world.


What is Vince McMahon’s Claim to Fame?

The 2009 Hollywood Walk of Fame winner earned his fortune and fame as the CEO of World Wrestling Entertainment, more commonly known as WWE. McMahon is credited with transforming professional wrestling into a mainstream global entertainment phenomenon. His claim to fame includes:

  • Co-founder of WWE- Vince McMahon is the co-founder of WWE (World Wrestling Entertainment), a company that revolutionized the professional wrestling industry. He bought the company in 1982 from his father, who was also a wrestling promoter. McMahon transformed the business by turning it from a regional operation into a global entertainment empire. He combined wrestling with theatrical storytelling, larger-than-life characters, and elaborate events like WrestleMania, creating a multimedia brand that transcended sports. Under his leadership, WWE became a dominant force in sports entertainment, known for its weekly shows, pay-per-view events, and crossover into mainstream media. McMahon's vision and business skills turned WWE into a pop culture phenomenon.
  • Most influential person- The Wrestling Mogul is often described as the most influential person in professional wrestling history and for having had a large impact on television and American culture. McMahon is also credited with pioneering WrestleMania, a revolutionary concept in professional wrestling. McMahon is known for introducing the concept of sports entertainment, blending sports with entertainment through the use of celebrities, rock music, and scripted matches. Drew McIntyre, Kurt Angle, Dwayne Johnson and John Cena praise McMahon as being a father figure to them.
  • Star on the Hollywood Walk of Fame- The former executive Chairman of WWE was awarded a star on the Hollywood Walk of Fame in 2009, recognizing his significant contributions to the entertainment industry. The star was awarded to McMahon for his work in the "Live Theater" category, a nod to his influence in producing major events like WrestleMania and his groundbreaking role in the evolution of sports entertainment. The recognition marked a milestone in McMahon's career, acknowledging McMahon's impact extended beyond professional wrestling, as he played a pivotal role in transforming WWE into a global entertainment brand that blended sports, storytelling, and live events.
  • Allegations of sexual misconduct- Vince McMahon’s tenure as WWE CEO ended amid a scandal involving allegations of sexual misconduct and infidelity. In 2022, it was reported that McMahon had used nearly $19.6 Million in WWE funds to suppress claims from several women, including former employees, who accused him of misconduct. The revelations led to an internal investigation, and McMahon stepped down as CEO and chairman in July 2022.
  • Resignation and retirement- On July 22, 2022, Vince McMahon officially announced his retirement from WWE, naming Stephanie McMahon as the company's permanent Chairwoman and co-CEO alongside Nick Khan. Following McMahon’s departure, Triple H assumed the role of Head of WWE Creative, marking a significant leadership transition within the organization.
  • WWE sold to Endeavor- Vince McMahon was the company's largest individual shareholder before the organization was sold to Endeavor. On April 3, 2023, it was announced that talent agency Endeavor had acquired WWE for $9.3 billion in an all-stock deal, forming a new company called TKO. At the time he sold WWE, Vince owned 28.7 Million shares of WWE's stock. He owned class B shares that controlled 80% of WWE's voting power and nearly 38% of the company's total outstanding shares. Vince now holds a 34% stake in TKO and serves as the Executive Chairman on its board. As part of the deal, McMahon received a $100 Million one-time dividend bonus. Had it been an all-cash transaction, his stake would have been worth $3.5 Billion pre-tax.
  • Netflix Documentary titled Mr. McMahon- On September 25, 2024, Netflix released a six-part documentary series titled Mr. McMahon The documentary offers an in-depth exploration of Vince McMahon's influential yet controversial career in professional wrestling. Directed by Chris Smith, known for "Tiger King," the series features interviews with prominent figures such as Hulk Hogan, Dwayne "The Rock" Johnson, and John Cena, providing diverse perspectives on McMahon's impact on the industry. The documentary delves into McMahon's transformation of WWE from a regional business into a global entertainment giant, highlighting both his innovative strategies and the controversies that marred his tenure.

What Businesses does Vince McMahon Own?

The former chairman and CEO of World Wrestling Entertainment (WWE) earns a significant amount of his wealth through his various business ventures and investments. Let's take a look at some of the most impressive details of Vince's business ventures and investments.

  • World Wrestling Entertainment (WWE)- World Wrestling Entertainment (WWE), founded by Vince McMahon in 1953 as the Capitol Wrestling Corporation, has grown into one of the largest and most recognizable entertainment companies in the world. It is primarily known for its professional wrestling events, but its scope extends to television production, film, music, and digital media. In April 2023, WWE was sold to Endeavor, the parent company of the UFC, to form a new entity called TKO Group Holdings for $9.3 Billion. McMahon, as Executive Chairman, remains heavily involved in WWE's direction within this new sports and entertainment conglomerate. In 2024, Vince McMahon, no longer the majority stockholder of WWE, ended his ties with the company following a sex trafficking scandal.
  • TKO Holdings- Mr. McMahon's stake in TKO, the holding company for WWE and UFC, has evolved significantly since the company's formation in 2023. Initially owning 34% of TKO, his holdings adjusted to 16% following the merger with UFC in September 2023, amounting to approximately 28.84 million shares. By 2024, McMahon owned 23.4 Million shares, representing about 30% of TKO's total outstanding equity. In March 2024, he sold 5.4 Million shares for a pre-tax gain of $400 Million, reducing his stake to approximately 25%. With these adjustments, McMahon's shares account for 9.88% of TKO's Class A stock, with his total ownership of the company's shares remaining below 5%. Additionally, he no longer holds any voting rights in the company.
  • Titan Sports- On February 21, 1980, Vince McMahon officially established Titan Sports, Inc., setting up its headquarters in South Yarmouth, Massachusetts. The company initially operated out of the now-defunct Cape Cod Coliseum, which served as its home base. McMahon assumed the role of Chairman, while his wife, Linda McMahon, took on the position of "co-chief executive." In 1982, Titan Sports acquired control of the Capitol Wrestling Corporation (CWC), the predecessor to what would become World Wrestling Entertainment (WWE). The acquisition was facilitated by McMahon's ailing father, Vince McMahon Sr., and his business partners.
  • Alpha Entertainment- In 2017, Vince McMahon launched Alpha Entertainment, an independent entertainment company separate from WWE, with the goal of diversifying his business interests in the sports and entertainment sectors. The company's primary focus was on relaunching the XFL, the professional football league McMahon had initially founded in 2001. This time, Alpha Entertainment sought to provide a revamped, faster-paced football product with an emphasis on family-friendly entertainment. McMahon reportedly invested around $500 Million of his own funds into the company to finance the new league, which debuted in February 2020. However, the XFL's season was cut short by the COVID-19 pandemic, leading Alpha Entertainment to file for bankruptcy in April 2020. Despite its short-lived success, Alpha Entertainment represented McMahon's attempt to diversify his business interests beyond wrestling.
  • XFL football league- In 2000, Mr. McMahon expanded beyond professional wrestling by launching the XFL, a professional American football league designed to combine traditional football with entertainment elements. The league debuted in February 2001, with McMahon personally appearing at the inaugural game. Despite initial high ratings, viewership rapidly declined due to subpar gameplay, overhyped theatrics, and limited public interest, leading to the league folding after just one season. On January 25, 2018, McMahon announced plans to revive the XFL, aiming for a more streamlined and serious approach. The league relaunched in February 2020 but faced financial difficulties exacerbated by the COVID-19 pandemic, ultimately filing for bankruptcy on April 13, 2020. In August 2020, the league was purchased by a group led by Dwayne "The Rock" Johnson, signaling another potential chapter for the brand.
  • World Bodybuilding Federation- The World Bodybuilding Federation (WBF) was founded by McMahon in 1990 as an attempt to bring the entertainment flair of professional wrestling to the world of bodybuilding. The WBF signed high-profile athletes, introduced dramatic presentations, and launched a magazine to promote its vision of bodybuilding as a mainstream spectacle. However, the organization faced significant challenges, including public backlash from the steroid scandal surrounding McMahon's WWF, low fan interest, and financial losses due to high production costs and lack of sponsorships. Unable to compete with the established International Federation of Bodybuilding (IFBB), the WBF folded in 1992, marking a short-lived but ambitious venture in McMahon's career.
  • WWE Network- On February 24, 2014, WWE launched WWE Network, an over-the-top subscription streaming service. Initially proposed as a linear pay television service, WWE Network offers live access to all WWE pay-per-view events, original programming (including in-ring shows, documentaries, and reality series), and a vast library of classic content, such as past pay-per-views and television episodes from WWE and other promotions it had acquired. By January 27, 2015, the service had reached 1 Million subscribers in less than a year, making it "the fastest-growing digital subscription service ever," according to WWE.
  • New Entertainment Venture- In October 2024, reports surfaced that Vince McMahon is in the early stages of establishing a new entertainment company based in Los Angeles. This venture is described as an "entertainment hub company" focusing on producing both fiction and non-fiction film and television projects. McMahon has reportedly enlisted former WWE executives for this endeavor, including Brad Blum, WWE's former Chief Operating Officer, and Kristen Prouty, who was instrumental in bringing celebrities like Logan Paul into WWE.

What Brands Does Vince McMahon Endorse?

Mr. McMahon has not been prominently associated with endorsing external brands or products. Instead, he has earned his impressive wealth by focusing on developing and promoting his own business ventures, including:

  • Rock concerts- Vince McMahon was involved in the production of rock concerts through WWE's live events, particularly with the use of major musical acts at WrestleMania events. While not directly endorsing rock concerts, McMahon used his platform to integrate popular music with WWE programming. For example, WWE often featured rock bands to perform entrance themes or live performances during events, blending sports entertainment with music.
  • International Association of Arena Managers- Vince McMahon has had some involvement with the IAAM, an organization representing arena managers and professionals in the event and entertainment industry. WWE events are held in arenas that are members of IAAM, and McMahon’s connection comes through the vast scale of WWE’s live events, contributing to arena management and venue operations. However, McMahon’s direct endorsement or personal association with the IAAM has been limited.
  • World Bodybuilding Federation- In 1990, Mr. McMahon launched the World Bodybuilding Federation (WBF) as an attempt to revolutionize the bodybuilding industry with the same entertainment value that WWE brought to wrestling. The WBF aimed to combine bodybuilding with showmanship and theatrics, but the venture was short-lived and folded in 1992 due to financial challenges. McMahon’s role here was more about branding bodybuilding as entertainment rather than traditional sports.
  • WWE Network- Launched in 2014, the WWE Network was McMahon’s ambitious streaming platform that offered access to WWE’s extensive library, pay-per-view events, and exclusive programming. It was a big move in the digital age for McMahon and WWE, allowing fans to access content directly from WWE's archives and original shows. While WWE Network was closely tied to McMahon's vision for the company, it was not an endorsement in the traditional sense but rather a product owned and operated by WWE under his leadership.
    Beyond the brand endorsements mentioned above, WWE has several brand endorsements including Prime, C4, Manscaped, Wheatley, Mike's Hard Lemonade, Riot Games, and Verizon Straight Talk however these can’t be counted as individual brand endorsements of Vince McMahon.

How does Vince McMahon spend his Billions?

Mr. McMahons spends his billions on a luxurious lifestyle, real estate, and business ventures. He owns a sprawling mansion in Greenwich, Connecticut, and other properties, including a penthouse in Manhattan and a $20 Million vacation home. McMahon is known for his passion for luxury cars and private jets, reflecting his taste for opulence. He has also invested heavily in ventures like the XFL football league, which he relaunched twice, despite financial struggles. Additionally, McMahon supports various philanthropic causes and maintains a high-profile presence in the business, entertainment and sports industries, often investing in projects that align with his ambitions and vision.


Vince McMahon’s Real Estate Portfolio

The 2021 WWE Hall of Fame winner has an extensive real estate portfolio that reflects his wealth and penchant for luxury. Vince McMahon's real estate portfolio includes properties in Connecticut, Florida, Las Vegas, New York City, Pennsylvania, and Stamford. Let's have a look at some of the most impressive details of the former CEO of WWE’s luxurious residence and other properties.

  • Mansion in Greenwich, Connecticut- Mr. McMahon’s main residence is a stunning mansion located in Greenwich, Connecticut, nicknamed Conyers Farm. McMahon bought a 9,800 square feet mansion in 2014 for $25 Million. The three-story mansion is built on a 10-acre land and features 9 bedrooms, 12 bathrooms, a library, an elevator, a garage that fits eight cars, a large swimming pool, a private gym, a modern kitchen, a guest room, and is surrounded by lush greenery and open spaces. The mansion also includes a large garage, two spacious gardens behind the house, and a massive conservatory, enhancing its grandeur. It also has a lot of other celebrities and important US citizens in its neighborhood. According to The Sun, the last valuation of the property in 2006 estimated its worth to be around $40 Million.
  • Penthouse at Trump Parc in Stamford- In October 2009, Vince McMahon paid $4.1 Million for a 3,900 square-feet penthouse duplex unit at Trump Parc, according to city property records. It is located in the 35-story Park Tower, Stamford's tallest building; it was once called Trump Parc Stamford but had the name removed two years ago. The penthouse features three rooms, three and a half washrooms, a private terrace, a heated pool, a full exercise center, a sauna, a personal screening room, and a rooftop. In April 2026, Vince and Linda McMahon sold the penthouse for nearly $2 Million.
  • Gateway home in Boca Raton, Florida- In July 2002, Vince McMahon bought a Gateway vacation home in Boca Raton, Florida for more than $2.14 Million. Vince and his wife Linda McMahon purchased both the 7th and 8th full-floor units transforming them into a two-story penthouse suite, as well as a private poolside cabana. Although not much is publicly disclosed about the penthouse and its specific features.

Apart from the properties listed above, The King of Professional Wrestling is also reported to own two townhouses in Stamford, a $12 Million Penthouse in Manhattan, New York, an apartment in Las Vegas, and a real estate property in Pennsylvania.


Vehicles Owned By Vince McMahon Over The Years

The ring announcer for the WWWF's All-Star Wrestling boasts an impressive collection of luxury cars, including some of the most expensive models in the world. Here’s a closer look at his extraordinary car garage-

  • 2007 Mercedes-Benz SL600- Vince McMahon has a 2007 Mercedes-Benz SL600 in his car collection. McMahon has often made appearances in his 2007 Mercedes-Benz SL600.
  • Lincoln Town Car Limousine- Vince McMahon has a Lincoln Town Car Limousine in his collection of cars. In 2007, McMahon staged his own demise in another Lincoln Town Car Limousine.
  • Audi R8- Vince McMahon also has an Audi R8 in his car collection. Some other A list celebrities who proudly own an Audi R8 include Jason Statham, Tom Brady, Cristiano Ronaldo, and Justin Bieber.
  • Bentley Continental GT Supersport- Vince McMahon has a Bentley Continental GT Supersport in his lavish car collection. Back in 2015 the car was reportedly stolen and was later found in the Bronx region of New York by the police.

Other Vehicles-

  • Yacht- The WWE commentator owns a yacht named Sexy Bitch. The information came to light when his wife Linda McMahon was running for office in Connecticut. The 47-feet sports yacht is docked in Boca Raton, Florida, near his vacation home. Although not much is publicly disclosed about the yacht’s specific features. Back in 2010, the yacht also led to some bad publicity for his wife Linda McMahon's political campaigns.
  • Private Jet- The Wrestling promoter owns a stunning private jet which is a 2007 Bombardier Global 5000. The jet is designed for long-range travel featuring leather seating, a private office, entertainment systems, and gourmet catering. McMahon rarely travels without his jet, and has also been reported to lend it to other superstars.

What Are Vince McMahon Charitable Contributions?

The TKO's minority stake owner has numerous charitable contributions, reflecting his commitment to philanthropy and social causes. Let's take a look at the business tycoon's most significant philanthropy and charity works.

  • Donation to Educational causes- In 2008, Vince and Linda McMahon donated more than $8 Million to several causes, with a key focus on educational institutions and capital projects. Among their significant contributions were grants to Fishburne Military School, where Vince McMahon was once a student, Sacred Heart University, and East Carolina University, his alma mater. These donations were primarily allocated toward capital expenditures, such as funding infrastructure improvements and expanding campus facilities.
  • Donation to Republican Party causes- Vince and Linda McMahon have been significant donors to Republican Party causes and conservative political organizations. Over the years, they have contributed millions of dollars to support candidates, political action committees (PACs), and conservative advocacy groups. In addition to the $1 Million donation in 2014 to federal candidates and PACs like Karl Rove's American Crossroads and America Rising, they have actively supported various Republican presidential campaigns.
  • Donation to Donald Trump's Foundation- In August 2022, WWE revealed that Vince McMahon had personally donated $5 Million to Donald Trump's charitable foundation. The donations occurred over a two-year span when Trump appeared on WWE programming, including high-profile events such as WrestleMania. McMahon's support for Trump through financial contributions is seen as part of their longstanding business and personal relationship.
  • Vince & Linda McMahon Family Foundation Inc.- In 2006, Vince and Linda Edwards-McMahon established a private foundation based in Stamford, Connecticut. The foundation focuses on philanthropy in areas such as education, healthcare, and empowerment. In 2023, the foundation granted $350,000 in charitable donations to support various causes. Through their foundation, the McMahons have made a significant impact on initiatives that benefit disadvantaged communities, foster leadership, and promote social services, reflecting their commitment to giving back beyond their entertainment ventures.

What’s Next For Vince McMahon?

According to a report from PWInsider, Mr. McMahon is embarking on a new chapter by planning to launch an entertainment hub company based in Los Angeles, aiming to produce a mix of fictional and non-fictional TV and film projects. Collaborating with former WWE executives, McMahon seeks to broaden his influence beyond professional wrestling. However, his ongoing legal challenges may impact the venture's progress, though some speculate these issues could eventually be resolved. Following his resignation as executive chairman of TKO Group Holdings in January 2024, McMahon appears focused on leveraging his creative vision and experience to make a mark in the broader entertainment industry.



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