Vince McMahon's net worth explored as WWE sale rumors flood internet

Vince McMahon has returned to take over the running of WWE amid rumors the company is about to be bought by the Saudi Arabia Public Investment Fund (PIF)– so let’s explore Mr McMahon’s net worth.

McMahon, 77, announced his retirement from World Wrestling Entertainment in July 2022 but this week returned to take over from daughter Stephanie, who had served as co-chief executive of WWE alongside Nick Khan after her father”s retirement. She was also chairman of the media and entertainment company.

Former wrestler Vince expressed his gratitude to Stephanie for stepping in during his absence but now, despite him being back as chairman, rumors continue to circle that WWE is about to be acquired.

Vince McMahon’s net worth explored

Forbes estimates Vincent McMahon’s personal net worth stands at $3 billion. However, the 77-year-old started from much more humble beginnings. The third-generation wrestler built the WWE up from previous companies that were founded by his father and great-grandfather.

World Wrestling Entertainment is worth $6.53 billion as of January 10, 2023, Macro Trends reports. That figure is up from 2020, when the company was forecast as being worth less than $5 billion.

Vince McMahon is founder, chairman and chief executive of WWE and is the company’s majority shareholder. In 2022, Sportskeeda reported McMahon retained 42 per cent ownership of outstanding WWE stock, which gave him 83 per cent of voting power.

McMahon isn’t the sole owner, however, as WWE is a publicly traded company and has various stakeholders who own shares in the company. Unsurprisingly, some of the company’s other shareholders are also part of the McMahon family. Vince’s daughter Stephanie and son-in-law Paul Levesque – better known as champion wrestler Triple H – both own shares in WWE.

WWE and Saudi Arabia takeover rumors won’t go away

Although no official deal has been confirmed at this time, rumors that the Saudi Arabia PIF had purchased WWE started trending on Tuesday, January 10, 2023.

The unconfirmed reports seem to stem from Steven Muehlhausen, of DAZN, who claimed Saudi Arabia PIF had purchased the wrestling company, citing unnamed sources.

Following the rumors, Fightful’s Sean Ross Sapp tweeted he’d found “no actual information” about the alleged deal “outside a few vague hinting messages” from people outside WWE.

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