Vince McMahon, as we all know, is the CEO of the WWE, as well as the chairman of the board. An interesting point to make, as the WWE isn’t the same industry it was 20 years ago. What was originally a family run business, has become a billion dollar behemoth on the stock exchange, which has its pros and cons. However, how has this effective Vince McMahon? What is the Net Worth of Vince McMahon?
Vince McMahon Net Worth
There’s no doubt that Vince is an incredibly wealthy man. You don’t even need to know the facts of the financials to know that. The WWE is huge! However, it isn’t quite so well known that Vince McMahon’s Net Worth has gone up and down over the years, strongly depending on how well the WWE is doing.
Because of this, Vince McMahon has gone in and out of the billionaire bracket.
Vince McMahon’s current Net Worth sits at $1.2 Billion dollars. Yes, you read that right.
Vince McMahon Assets
Obviously, when you’re worth as much as Mr McMahon is, then you’re likely to have some pretty extravagant items. Some of the assets which Vince McMahon owns are:
- $12 Million Penthouse in New York
- $40 Million Mansion in Conneticut
- $20 Million Vacation Home
- 47-foot Sports Yacht named “Sexy Bitch”
Drop in Net Worth
During 2014, Vince McMahon’s Net Worth dropped from approximately $1.1Billion down to $750 Million due to disappointing business figures that had been released. Since then, Mr McMahon has managed to bring his Net Worth back up to $1.2 billion in 2015.
In addition to this, Vince was worth a claimed $1.1 billion in 2001 (as claimed on tv). However, between the years of 2003 and 2013, this significantly reduced, as he was no longer included in the Forbes’ Rich List.
However, Vince McMahon is back up on the Forbes’ Rich List as of 2015. I’m sure it was very difficult for him having to live off of a wealth figure of $750 million. I’m sure he was definitely having to budget himself.
It will be interesting to see how Vince McMahon’s Net Worth looks in 10 years time. His wealth is heavily dictated by WWE’s performance on the stock exchange, and therefore will likely depend on the financial performance of the business he runs.
Who knows, Vince McMahon might be retired in a few years.