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In 2014, McMahon had an estimated net worth of $1.2 billion. [233] On May 16, 2014, McMahon's worth dropped to an estimated $750 million after his WWE stock fell $350 million due to a price drop following disappointing business outcomes. [233] In 2015, McMahon returned to the list with an estimated worth of $1.2 billion. [233]
WWE founder has sold off some $1.5 billion worth of stock in TKO since November, signaling an unwinding of his association with the company that he merged with UFC last year.
Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from ...
On June 17, 2022, amid allegations of misconduct, Vince McMahon stepped down as the chairman and CEO of WWE, leaving the company to his daughter, Stephanie McMahon, and Nick Khan. In January 2023, Vince stated his intention to return to WWE ahead of media rights negotiations. WWE's media rights with Fox and USA Network were set to expire in ...
Vince McMahon's net worth in 2024 is estimated at $2.7 billion, according to Forbes. As of early March 2024, he also has an extra $412 million to his name after selling off a slew of TKO shares .
The sale was finalized on September 12, with the 2023 Payback being the final major event produced by WWE under the McMahon family ownership. WWE and UFC subsequently became divisions under a new entity called TKO Group Holdings. [20] By early 2024, Vince McMahon (no longer the majority stockholder in WWE) was removed due to a sex trafficking ...
Early Friday, TKO announced McMahon’s shares would be priced at $79.80 per share, making the stock sale worth $670.3 million. McMahon “will receive all of the net proceeds from this offering ...
On June 17, 2022, amidst an investigation by WWE's Board of Directors into reported "hush money" paid to a former employee by Vince McMahon following an affair, Mr. McMahon stepped down as chairman and CEO of WWE and was replaced by his daughter, Stephanie McMahon, as the interim chairwoman of WWE.