What is Vince McMahon’s Net Worth
Vincent Kennedy McMahon (born August 24, 1945) is an American professional wrestling promoter, executive, and media proprietor.
He is currently serving as the chairman and chief executive officer of WWE, the largest professional wrestling promotion in the world. He is also the founder and owner of Alpha Entertainment.
Vince McMahon has a net worth of $1.8 billion and is an American professional wrestler promoter, pundit, film producer, and occasional wrestler. Vince became wealthy and famous as the CEO of World Wrestling Entertainment, or WWE for short.
Vince holds 28.7 million shares of WWE stock as of this writing. He owns class B shares, which give him 80 percent of WWE’s voting power and around a third of the company’s total outstanding stock.
When the stock reached an all-time high of $96 in April 2019, his shares were worth $2.76 billion. WWE stock lost roughly 50% of its value during the next six months.
Vince’s share in WWE was worth $1.2 billion pre-tax as of February 2020, when the stock was trading at $44. Vince made a $100 million profit after selling 3.34 million shares in December 2017.
