We are talking about one of the most significant representatives of wrestling in America and on a worldwide platform. This celebrity is a chairman, a successful businessman, and right now, he possesses a bigger part and is the CEO of the World Wrestling Entertainment (WWE). Few more jobs were and are still his passion – sports announcer, actor, film star and producer. Vince McMahon inherited this fantastic profession and a company WWE from his father in the 1980s. Find out more details about his career and life.
Vincent McMahon’s birth date was on the 24th of August 1945. He grew up in Pinehurst, North Carolina, and life was not so easy for him and his family. His father abandoned his mother when he was just born and took with him his elder brother Rod. His mother was bringing few stepfathers to the house, and one of them, Leo Lupton, was even beating the mother and son. These were not the best conditions for a happy childhood.
On the other hand, his father was pretty wealthy, but despite that fact, he never had a privilege to enjoy his fortune as a boy. He was living in a very modest way. Besides all the troubles, he was troubled with a rare disease – dyslexia. His father was a businessman and the owner of the Capitol Wrestling Corporation. This organization was a leading one and had complete domination at that time, in the 1980s, in Northeastern America. The roots of wrestling are coming even from his grandfather, who was a boxer and wrestling representative in his son’s company.
No matter how hard his life was, he was good at school, so he finished Fishburne Military School in Waynesboro, Virginia. Later, he attended East Carolina University, precisely in 1968, and he graduated and got a diploma in business administration.
In 1971, his father decided to involve him in the family business and put him as head of Capitol’s operation in Bangor, Maine. Later, he got an additional sector to be in charge of – operations in New England. He was deeply involved in the new name of the company too. From World Wrestling Federation (WWF), which we know today as the WWE. He started his career as a sports reporter in 1971 until November 1997.
He was hosting matches, shows, and programs. In 1980, together with his wife, he created a new company called Titan Sports, and later they integrated it with Capitol Wrestling Co. Vince McMahon bought this corporation from his father, who died in 1984. In the year when his father passed away, he found the Rock’ n’ Wrestling Connection by attaching pop stars into wrestling actions.
This way he was enlarging fanship into national mainstream listeners, since the advertisement was first brought to light on MTV channel. In 1985, his first WrestleMania was presented on TV all over the USA. One of the failures in his career was launching an American football league XFL since it had to be canceled after only one season. The reason was due to insufficient ratings on TV. WWF got a new name – WWE in May 2002.
In 2014, famous businessmen began WWE Network. Currently, these programs are transmitted in 150 countries at least and synchronized in more than 30 languages.
The famous CEO got married to Linda in 1966. His wife is currently an American SBA Administrator. The happy couple has two children – a son Shane and a daughter Stephanie. Both of them are part of the family business, a part of the story and behind the scenes.
Vince McMahon Net Worth 2020
As of 2020, Vince McMahon has an estimated net worth of $2.2 billion. This family owes a few luxurious properties. They have an impressive house in Greenwich, CT worth $40 million, a penthouse in Manhattan worth $12 million, and a holiday house worth $20 million.
Besides, they are the owners of the outstanding 47 foot-long yacht worth $400 thousand. The celebrated wrestler is well known as a big car fanatic. He owes an incredible collection of cars worth a few million dollars – Bentley Continental worth $200 thousand, Lamborghini Aventador worth $400 thousand, Rolls Royce Phantom worth $450 thousand, and many others.
On top of everything, he has a private airplane – Bombardier Global worth an unbelievable figure of $33 million.