What is Vince McMahon's Net Worth?


| Name: Vince McMahon
Born: August 24th, 1945
Company: World Wrestling Entertainment, Inc. (WWE)
Position: CEO, Chairman of the Board
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Vince McMahon currently has a net worth of an estimated:
$513,462,165
Vince McMahon's net worth decreased by $2,780,585 on 5/21/2013
Information:
Vincent (Vince) McMahon is CEO and Chairman of the Board of World Wrestling Entertainment, Inc.
Vince McMahon is the single most powerful and influential man in professional wrestling today. WWE, which has produced stars such as Hulk Hogan, "Stone Cold" Steve Austin and "The Rock", is currently valued at a little over $630 million.
WWE is still a global media powerhouse that enjoys strong ratings on TV, large gates at live events and decent PPV buy rates. In addition, the company produces a multitude of different merchandise from DVDs to clothes to posters.
Vince McMahon's wife, Linda, is currently running for the Connecticut Senate seat.
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Vince McMahon currently owns 39,722,641 shares of WWE's Class B stock (convertible to class A shares). McMahon owns 36,915,261 shares directly and another 2,807,380 through a trust.
McMahon currently has 80.9% of the company's voting power.
The McMahon's have been able to diversify their wealth outside of their stake in World Wrestling Entertainment, Inc. According to Linda McMahon's Senate financial disclosure (2011), the McMahon family owed everything from shares in Apple and Target to municipal bonds to investments in private hedge funds.
For the 12 month period ending October 20th, 2011, the McMahon family earned between $8.2 million and $29.9 million in interest and dividends. A large portion of this money came from the dividend that WWE currently pays out to its shareholders.
The McMahon family also reportedly owns a $40 million mansion in Greenwich, Connecticut, a $20 million vacation home and a $12 million penthouse in Manhattan. Vince McMahon also owns a 47-foot yacht called "Sexy Bitch".
In her first (unsuccessful) run at a Connecticut Senate seat, Linda McMahon reportedly spent $50 million. Given this figure and the numbers listed above, we are comfortable saying that the McMahon family has a net worth of at least $150 million outside of their stake in World Wrestling Entertainment, Inc.
Shares of WWE hit an all-time high of over $24 in 1999, which meant that the McMahon family was worth roughly $1 billion at the time.
Q: How many shares of World Wrestling Entertainment, Inc. does Vince McMahon own?
A: 39,722,641
Notes:
Vince McMahon is worth 6,642 times more than the median US household
If Vince McMahon sold everything that he owned, he could fund the United States' deficit spending for 0.2 days.
Most Recent SEC Filings From Vince McMahon
SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals Filed: March 27, 2013, 1:10 pm
4 - Statement of changes in beneficial ownership of securities Filed: March 27, 2013, 1:07 pm
4 - Statement of changes in beneficial ownership of securities Filed: January 4, 2012, 1:49 pm
SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals Filed: January 4, 2012, 1:33 pm
SC 13G/A [Amend] - Statement of acquisition of beneficial ownership by individuals Filed: July 6, 2007, 1:43 pm
Note: Net Worth changes calculated at 4 pm EST daily
The net worth pages are strictly for entertainment purposes only. The information on these pages is based on speculation and shouldn't be construed as being accurate in any way.
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