Vince McMahon Net Worth, Career, Assets & Biography

People can do anything to gain fame. The WWE is one such arena where you can expect the unexpected to happen. There are bizarre instances such as forcing people to kiss unmentionable parts (a**) of the body to join the Kiss My A** Club. Vince McMahon is the founder member of this club that includes wrestlers such as William Regal, Jim Ross, Shawn Michaels, Hornswoggle, etc. This man made his daughter slap him on the wrestling court just to earn that two-minute moment of fame. This is Vince McMahon for you, a third generation American professional wrestler, promoter, commentator, film producer, and actor.

Born on 24 August 1945, Vincent Kennedy McMahon has problems with dyslexia early during his childhood days. His father Vincent Sr. abandoned the family when Vince was a baby. Vince or Vinnie Lupton as people used to call him at the time had to undergo domestic violence from one of his stepfathers. He did not get the chance to meet his biological father until he was around 12 years old. He wanted to follow his father’s example and become a wrestler but was dissuaded by his father stating that promoters should maintain a distance from the wrestling fraternity.

Vince McMahon Net Worth 2017-2018

He made his debut in the ring as an announcer for the ‘WWWF’s All-Star Wrestling’. He has been instrumental in renaming the Federation as WWF. He collaborated with his wife Linda to form his own company, Titan Sports. He began recruiting wrestlers to join his federation. Some of them include The Hulk Hogan, Andre the Giant, etc.
Trust Vince to have an attitude. You can see this trait in plenty in his ongoing feud with Stone Cold Steve Austin. He had his personal share of skirmishes with wrestlers like Andre the Giant, Hulk Hogan, Rick Flair, and Randy Savage, etc.

Vince McMahon is more famous for performing backstage deals. He had his moments of infamy with Jerry Lawler during the cross-promotion deals between the WWF and the USWA. However, he had a bitter rivalry with Stone Cold, a rivalry that exists even today after twenty long years. There have been instances of each of them manhandling the other. One must concede that Steve Austin, being a professional wrestler used to get the better of Vince, an occasional wrestler. Vince used all the tricks of the trade to outwit Austin including setting up wrestlers such as The Undertaker and The Kane to assault Stone Cold physically.

Controversies are nothing new to Vince McMahon. One such controversy was with Ric Flair regarding the ownership of the WWE. Infuriated at his declaration as a co-owner of WWE, Vince had a showdown with Flair at the Royal Rumble. Flair beat him easily and became the owner of the RAW faction of the WWE leaving Vince McMahon as the owner of the SmackDown faction.

Another controversy was his relationship with WWE Diva, Trish Stratus. This did not go well with his favorite daughter Stephanie. Vince has been in a ‘blow-hot, blow-cold’ relationship with The Rock. In a King of the Ring Match, The Rock took out his anger against Vince by pinning him to win the six-man tag team match.

One of his biggest controversies is the formation of the ‘Kiss My A**’ club. He used to force wrestlers to kiss his a** by threatening to suspend them if they revolted. Hornswoggle found out a way by biting Vince’s a**. However, they inducted him into the club because of the lip contact between Hornswoggle and Vince’s a**.

Vince McMahon had a feud with the current US President Donald Trump as well. Trump wanted to find McMahon on his own. However, both agreed to have their representatives fight it out in the ring. The loser would have to shave his head bald in the ring. Trump chose Bobby Lashley while McMahon chose Umaga. Unfortunately, Umaga lost the match. Therefore, Trump and Lashley shaved Vince bald inside the ring with the help of Vince’s long-standing enemy, Steve Austin.

On the personal front, Vince is married to Linda. They have a son, Shane and a daughter, Stephanie. Both of them are wrestling champions and owners of wrestling Federations today. Stephanie McMahon is married to Triple H. He is the grandfather of six children, three each to Shane and Stephanie.

He had his brush with the law as well because of allegations of supplying drugs to WWF wrestlers. One female wrestler, Rita Marie has made allegations of sexual harassment against Vince.

Education: Vince McMahon has a business degree from East Carolina University. Not much information is available of his early schooling.

Vince McMahon Net Worth in year 2017 is approximately $1.25 Billion US Dollars

His estimated net worth is $1.25 billion US dollars as of 2017. This could be perfect if we consider his long stint in the WWE. He is still active on the circuit at the age of 71 years. The WWE is a famous entertainment channel having a tremendous following all over the world.

Vince McMahon Assets:

Vince has several assets. The list could run long. A penthouse in Manhattan worth $12 million, a mansion in Greenwich, Connecticut worth $40 million and a $20 million vacation house comprises his major assets. He has a 47-foot sports yacht as well. He has donated to the Republican Party to the tune of more than $1 million. In spite of his animosity towards Donald Trump, the McMahons have donated more than $5 million to Trump’s charities.

Vince McMahon Business Model

In addition to the Wrestling Federations, Vince and Linda purchased two hockey teams, Cape Cod Coliseum and Cape Cod Buccaneers. They also dabbled in arranging rock concerts and launched a new cable network as well. This later on became famous as the WWE Network. He has the credit for founding the World Bodybuilding Federation in 1999.

Vince McMahon is actively involved in the affairs of the WWE even today. He has a sharp business mind that he puts to good use in fixing up backstage deals to his advantage.

Vince McMahon belongs to that category of people who can do anything to gain fame on television. We have seen some examples during the course of this piece. Maybe, he does these antics as part of the show to grab the eyeballs. However, one must concede that Vince has had a successful career.