Vince McMahon Net Worth
$1.9 billion
Est. Range $1.4B - $2.3B
Vincent Kennedy McMahon is an American professional wrestling promoter, executive, and also 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.
McMahon was born in Pinehurst, North Carolina, and graduated from East Carolina University with a degree in business in 1968. He commentated for his father Vincent J. McMahon's then-WWWF for most of the 1970s, bought it in 1982, and almost monopolized the industry, which previously operated as separate fiefdoms across the United States. This led to the development of the annual WrestleMania, which has since become the most successful professional wrestling event ever. WWE faced industry competition from World Championship Wrestling in the 1990s, before purchasing the competing company in 2001. WWE also purchased the assets of the defunct Extreme Championship Wrestling in 2003.
McMahon has embarked on a number of WWE-related ventures; in 2014, he launched the WWE Network, a subscription video on-demand over-the-top streaming service. McMahon also owns other WWE subsidiaries related to multimedia, such as film, music, and magazines, as well as a professional wrestling school system. Outside of wrestling, McMahon joint-owned and operated the XFL, a football league, twice; both iterations folded after a single season with the second due to the COVID-19 pandemic. He also headed the short-lived World Bodybuilding Federation, and co-owns the clothing brand Tapout.
Vince McMahon is the chairman and CEO of WWE. He is also the founder and owner of Alpha Entertainment. McMahon was born in Pinehurst, North Carolina, and graduated from East Carolina University with a degree in business in 1968. He commentated for his father's professional wrestling company for most of the 1970s, and then bought it in 1982. McMahon has been a familiar face to wrestling fans since the 1970s, and is a two-time world champion, a Royal Rumble match winner, and multi-time pay-per-view headliner.
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Richest Athletes
The average salary for athletes in the United States is around $49,143 per year. Not however, if you play in the NBA where the average salary is projected to be around $8 million this year. Even then, though, earnings vary greatly. While some of the top players (we’re looking at you, Stephen Curry) earned over $45 million last year, others didn’t even reach the million-dollar mark.
All sports aren’t created equal though and basketball doesn’t even make the top five highest earning sports. Ice hockey, tennis and soccer stars round out the top three, with athletes in those sports able to build a huge amount of wealth from their appearance fees alone.
Still, there’s always ways for athletes to increase their earnings. UFC fighter Conor McGregor managed to be the top earning athlete in 2021, but a sizeable amount of his income was due the sale of his majority stake in Irish whiskey distiller Proper No. Twelve. However, opportunities for athletes go well beyond business deals.
As is the case with actors, musicians and other celebrities, the golden ticket to building an athlete’s net worth tends to lie in endorsements, sponsorships and selling their name (and often photos) wherever they can. Athletes have to be careful about what they do and say though… more than a few athletes have lost their product endorsements and been dropped by a brand over a scandal or unwise comment.
Buying Power
Vince McMahon's net worth of 1.9 billion can buy...
Methodology
The Wealthiest Index is a ranking of the world's richest people. In calculating Andre Agassi’s net worth, we strive to provide the most transparent calculations available with detailed analysis of how that Andre Agassi’s fortune was made. Each net worth figure is updated at regular intervals to reflect market movements.
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