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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 ...
In 2014, McMahon had an estimated net worth of $1.2 billion. [234] 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. [234] In 2015, McMahon returned to the list with an estimated worth of $1.2 billion. [234]
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, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell more than $400 million worth of TKO stock ...
Linda Marie McMahon (/ m ə k ˈ m æ n /; née Edwards; born October 4, 1948) is an American politician, business executive, and former professional wrestling performer. She was the 25th administrator of the Small Business Administration from 2017 to 2019.
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 .
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 ...
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 ...