What is Vince McMahon’s net worth?
|Net Worth:||$1.7 billion|
|Age/Date of Birth:||24 August 1945|
|Height:||6′ 2'' (188 cm)|
It’s no news that the name Vince McMahon rings a bell in the world of wrestling. For die-hard supporters, you are not a wrestling enthusiast yet until you’re ‘entertained’ by Vince in the ring. As of 2020, Vince McMahon’s net worth is $1.7 billion
A multi-faceted individual, McMahon is a professional wrestling promoter, film producer, retired professional wrestler, commentator, actor, and film producer.
Nicknamed “The Genetic Jackhammer”, “The Higher Power” and “Vinnie Mac”, McMahon is a two-time world champion, having won the ECW World Championship (2007) and the WWF Championship (1999).
During his wrestling days in the singles category, McMahon was able to ink his name as a wrestling legend following victories over respected WWE/F top dogs – The Undertaker, Shawn Michaels, Ric Flair and Triple H.
From 1990 to date, Vince’s one and only signature entrance theme is “No Chance in Hell”, which was put together by Jim Johnston and voiced by Peter Bursuker.
Vince McMahon’s Mini Biography
Vince McMahon is the son of Victoria and Vincent James, a respected and accomplished wrestler, who learned the rudiment of wrestling from his own father Roderick James “Jess” McMahon.
Victoria and Vincent, who were Irish immigrants, had Vince on August 24, 1945, in Pinehurst, North Carolina. This was after the safe arrival of his elder brother Roderick McMahon, whose birth date is not known.
Born into a wrestling family, Vince followed in the footsteps of his father and grandfather who were wrestling promoters. While his grandfather’s father was the co-founder of Capitol Wrestling Corporation (CWC), his father, as a professional wrestling promoter took over the affairs of CWC after Jess passing, including changing its name to WWWF, WWF and now WWW.
Vince was initially known as Vinnie Lupton while growing with his mother, who went on marry many men after Vince’s father left her. Despite childhood challenges and odds, he was able to graduate in 1964 from Fishburne Military School in Waynesboro, Virginia.
|First Name:|| Vince |
|Estimated Net Worth:||$1.7 billion|
|Also Known As:||Daddy Mac, Junior, Mr. McMahon, No Chance, The Boss, The Genetic Jackhammer, The Higher Power, The Mac Attack, The Mac Daddy, |
Vince, Vinny Mac
|Profession:||American professional wrestling promoter and executive|
|Famous For:||Being the CEO of WWE|
|Colleges/Universities Attended:||East Carolina University|
|Educational Qualifications:||Bachelor of Arts degree|
|Birthday & Zodiac |
|Age/Date of Birth:||24 August 1945 (74 years)|
|Birth Place:||Pinehurst, North Carolina, United States|
|Country of Residence: ||The United States|
|Height:||6′ 2'' (188 cm)|
|Weight:||248 pounds (112 kg)|
|Hair Color:||Dark brown|
|Other Body Measurements:||Chest: 50 Inches|
|Spouse/Partner:||Linda McMahon (m. 1966)|
|Family and Relatives|
|Father:||Vincent J. McMahon|
|Siblings:||Roderick McMahon II|
|Other Relatives:||Grandparents: Jess McMahon and Rose Davis|
Meet Vince McMahon’s Wife, Children, and Grandchildren
Like her husband, Linda (née Edwards) is a salaried wrestling grandee who bolsters her earning as a politician as well. Born to American parents Evelyn and Henry Edward in New Bern, North Carolina, on October 4, 1948, she had barely finished from high school when Vince asked for her hand in marriage.
She finally accepted and their wedding took place on August 26, 1966. Still a teen at the time, Linda went on to graduate from college with a French degree in 1979.
Vince and Linda had two children together. While their first child Shane McMahon was born in 1970, their only daughter Stephaine Levesque (nee McMahon) was born in 1976. Linda is currently doing well as an administrator in the present day American government.
There is nothing more fascinating than seeing a legend’s child getting married to a fellow legend. This was the case of Vince Mamachon who gave his daughter’s hand in marriage to wrestling champion Paul Michael Levesque better known as ‘Triple H’.
Steph and Triple H wedded on October 25, 2003, after dating for some time. The couple’s marriage is blessed with three beautiful daughters – Vaughn Evelyn Levesque, Murphy Claire Levesque, and Aurora Rose Levesque.
Shane McMahon, also a professional wrestler is a one-time winner of the WWF European Championship and the WWF Hardcore Championship.
He’s currently married to Marissa Mazzola and the commissioner of SmackDown Live. Following their marriage in 1996, they share three lovely boys together. His oldest son, Declan James was born on February 13, 2004. His second son Kenyon Jesse arrived on March 26, 2006, while Rogan Henry, his youngest son was born on January 20, 2010.
Vince McMahon, Triple H’s father-in-law has six grandchildren but has the look and body of an energetic young man.
Founding of CWC
CWC was founded by Vince’s grandfather, Jesse McMahon. The company dominated wrestling in the 50s. Vince’s father began to run the company when Jesse passed on, with the help of Toots, its co-founder. Beginning as a teenager Vince worked for his father at CWC.
Establishment of WWWF
Vince formed WWWF, the World Wide Wrestling Federation together with Toots in 1963. They sold tickets by making people anticipate their monthly events, instead of the usual bi-monthly events. By 1970, their events were selling out stadiums.
Vince helped to triple the number of TV syndication deals for matches. He renamed the company WWF, World Wide Federation. He even bought a coliseum that allowed them to promote concerts and hockey, in addition to wrestling.
Vince became the chairman of WWE, World Wrestling Entertainment in 1980 and bought the company from his father 2 years later.
A Look at How Vince McMahon Made His Money
His Relationship With WWE
Vince is best known as the Chairman, CEO and majority shareholder of WWE, World Wrestling Entertainment. He grew the company from a middle-sized enterprise to a multi-billion dollar business.
Vince owns about 57% of the company’s Class A common stock. As of May 2014, his stock was worth $480 million. One of the strategies Vince applied in the entertainment business was buying off competitors.
He bought World Championship Wrestling for $5 million and Extreme Championship Wrestling making him the only wrestling promoter left by the mid-2000s. He brought his family on board in the business, giving them executive positions.
McMahon also wrestled in the WWE ring. He is a 2-time world champion. He won the WWF Championship in 1999, the ECW World Championship in 2007 and the Royal Rumble in 1999.
Details Of His Investments, Properties and Huge Net Worth
The McMahons own shares in Apple and Target. He also owns municipal bonds and has invested in private hedge funds.
Vince’s Greenwich mansion is worth $40 million. He also owns a vacation home worth $20 million and a penthouse in Manhattan worth $12 million. He is the owner of a 47-foot sports yacht named ‘Sexy Bitch’.
Sometime in 2014, Vince’s accumulated assets dwindled, nosediving from $1.2 billion to just $750 million. He, however, bounced back a year after and is currently worth $1.7 billion.