Dana White is an American businessman best known as the president of the mixed martial arts organization, Ultimate Fighting Championship (UFC).
His net worth is estimated at $500 million. Other things one should know about the UFC president are covered below.
Dana White Bio and Facts
Dana White was born on July 28, 1969, to June and Dana White in Manchester, Connecticut. He went to high school in Maine and started out boxing as early as the age of 17. He attended Boston University but never graduated, while there, he started a boxing program for at-risk children in the inner city. He also worked a paid job as an aerobics instructor. At a point, Dana had to quit everything when he was asked for money by the local mob.
White founded Dana White Enterprises in Las Vegas in 1992 and began managing UFC fighters like Tito Ortiz and Chuck Liddell. He was working as the manager for Tito Ortiz and Chuck Liddell when he learnt that the Semaphore Entertainment Group intended to sell the UFC. At the time, SEG was the parent company of UFC.
Desirous of the opportunity to buy, he contacted a childhood friend, Lorenzo Fertitta, who together with his older brother, Frank, bought the UFC and installed Dana White as the president. Lorenzo and his brother Frank Fertitta were at the time managing Station Casino, a casino business which belonged to their father. The two bought 81% of the UFC for $2 million and made White UFC’s new president. White himself owned 9% of the new parent company, Zuffa, LLC (the outfit that the Fertitta brothers created to manage the UFC).
In 2016, the ownership of UFC changed when it was sold to a consortium of investors led by WME-IMG but Dana White continued on as President. In May 2017, Dana White’s Tuesday Night Contender Series monthly began on UFC Fight Pass as an avenue for White to find new talent for the UFC.
White has had many publicized feuds with wrestling promoters, UFC fighters as well as reporters. The most followed was between him and Tito Ortiz whom he previously managed. Others include fighters Randy Couture and Ken Shamrock, Top Rank boxing promoter Bob Arum whom he dubbed “Dumbest promoter in the history of the world” and reporter Loretta Hunt.
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White appeared in one episode of FXX sitcom “The League” as the episode titular character, The Goon.
Mom, Family, Wife and Kids
White’s mother, whom he grew up with penned an autobiography of her son revealing his controversial character. While promoting the book titled Dana White, King of MMA: Dana White an Unauthorized Biography, she used adjectives like “egotistical, self-centred, arrogant, and cruel” to describe White.
Dana White and his sister Kelly were raised by his mother June White and most of her family members for most of their childhood. In recent times, however, a video of June surfaced describing her son in an unflattering light. Starting out with the simple statement that he is “not a good person,” she described how her son slept around and possibly used steroids. There was also mention of his marriage which she disparaged.
Dana White got married to Anne in 1996. The two had known since his high school years and now live in Las Vegas, Nevada with their three kids – two sons, Dana and Aidan White, and a daughter, Savannah White. They are rarely in the public eye due to Dana White’s seeming insistence on keeping his private life private.
It is known that the man’s height is 5ft 10in (180 cm).
Dana White’s Net Worth
The Fertitta brothers and Dana White were able to turn UFC into what is now – one of the fastest growing sports channels in America which broadcasts to over 1 billion homes in 149 countries.
White’s 9% stake rose to $360 million in July 2016 when the WME-ING bought the UFC for $4 billion. White also maintained his role as UFC’s president and inked a deal with its new owners which entitled him 9% of UFC’s net profit for the next 5 years.
His success in the business of wrestling is revealed in his net worth estimated at $500 million as well as in the many accolades he’s been awarded. Among his awards include World MMA Leading Man of The Year for the years 2010 to 2015. Wrestling Observer Newsletter’s Promoter of the Year from 2005 to 2013 and 2015.