Vince McMahon Net Worth: WWE CEO Is The Richest Wrestler In The World
KEY POINTS
- The 76-year-old Vince Mcmahon inherited WWE from his father Vincent in 1982
- Vince made his first appearance as an in-ring wrestler in January 1999
- McMahon also worked as an announcer and commentator for WWE
Vincent Mcmahon, the chairman and CEO of the entertainment company World Wrestling Entertainment (WWE), which hauls in nearly $1 billion in annual revenue, is the richest wrestler to date.
Here's a look at the net worth, career and life of the richest WWE superstar of all time.
The 76-year-old Mcmahon inherited the company from his father, Vincent, in 1982 and transformed it into the major brand it is today.
While McMahon spent the majority of his career as a booker, he also tried his hand at wrestling. McMahon made his first appearance as an in-ring wrestler in the second episode of "WWE RAW" in January 1999, as per Sportskeeda.
Over the years, McMahon also worked as an announcer and commentator.
As of June 2022, Mcmahon’s net worth is estimated to be around $2.4 billion, according to Forbes.
McMahon has been married to Linda Marie McMahon since 1966. Linda was active in the WWE and was appointed the administrator of the Small Business Administration by former president Donald Trump in 2017.
Vince and Linda have two children, Shane and Stephanie. The two have also been very involved in the company, both on and off camera.
Just recently, the Wall Street Journal reported that McMahon allegedly had an affair with a 41-year-old paralegal who used to work for his company. He reportedly paid the woman $3 million after signing a non-disclosure agreement.
The WWE board reportedly hired the law firm Simpson Thacher & Bartlett LLP to investigate the alleged agreement.
The board learned about the agreement after receiving anonymous emails from an individual claiming to be a friend of the woman who had an affair with McMahon.
The emails alleged that McMahon hired the woman as a paralegal for a $100,000 salary, then increased her pay to $200,000 after their sexual relationship began.
It was also reported that McMahon “gave her like a toy” to John Laurinaitis, WWE’s head of talent relations. A company spokesperson told the outlet that McMahon’s relationship with the paralegal was consensual.
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