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Vince McMahon

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Vince McMahon

Vince McMahon Net Worth is $1 Billion

Forbes

$1, 1 billion

Therichest

$750 million

Celebritynetworth

$1 billion

Justrichest

$1,2 billion

Moneynation

Vince McMahon net worth

Nicknames: Vincent Kennedy McMahon, Vinnie Mac, The Boss, Mr. McMahon

Date of birth: the 24th of August, 1945

Profession: wrestler, television producer, promoter

Nationality: United States of America

Source of wealth: wrestling, television

A former WWF Champion and Champion of the ECW, as well as the winner of the Battle Royal in 1999, Vince McMahon has a net worth, which is estimated by Forbes as $1, 1 billion. Vince earned his living not just as a professional wrestler, but also as a talented promoter, who created his business empire, using his father’s small company as its base.

Vince McMahon was brought up by a single mother and her husbands, whom she changed from time to time. When the boy was 12 years old, he finally got a chance to meet his biological father and the latter one noticed that his son had a great potential as a sportsman and as a businessman. Gradually he started to involve the young Vince into family business.

McMahon Sr was the founder of the Capitol Wrestling Corporation. When his son Vince graduated from East Carolina University, where he studied how to rule the business corporation, McMahon Sr felt, that the young fellow was ready to take his first responsibility. He appointed Vince McMahon as the head of his company’s branch in Bangor. Having gained initial success, Vince bought the Capitol Wrestling Corporation from his father and started the new era in the company’s history particularly and world’s wrestling in general.

Vince understood that promoting is the synonym of success. He created a new concept of the company and closely connected wrestling with television. Vince invited music and movie stars as the guests to his shows to make professional wrestling more interesting even for occasional viewers. Later he renamed his company as World Wrestling Entertainment, which broadcasted its programs all over the world.

Now Vince McMahon is the chairman of the company and its main shareholder. The price of each share of his company is estimated as $11, 09 (according to Celebritynetworth). Vince McMahon is considered as one of the richest promoters in the world.

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