Vince McMahon returned to WWE in January 2023. After his return, he initiated a sale for the Stamford-based promotion and finally sold it to Endeavor, the parent company of UFC. Endeavor acquired WWE for a whopping $9.3 billion. With that, the WWE Universe was wondering how much McMahon earned from the deal.
After Endeavor acquired WWE, it was reported that moving ahead it will merge the Stamford-based promotion with UFC to form the TKO Group Holdings. The deal was finalized on September 12, 2023. With that, McMahon became the executive chairman of TKO Group.
TKO provided a highlight video of today’s surreal day at the New York Stock Exchange and so on, as the merger between WWE & UFC is officially complete.pic.twitter.com/GU7XOxhnfy
— Wrestle Ops (@WrestleOps) September 12, 2023
It has now been reported that, owing to the successful IPO, McMahon received $100 million. This amount has been reported to be a one-time dividend bonus.
Apart from that, the executive chairman of TKO owns 16% of the group, which is estimated to be 28.84 million shares. In addition, reports claim that the blockbuster deal with Endeavor has put Vince’s annual salary at $1.2 million. However, how much McMahon earned from the whopping $9.3 billion is yet to be disclosed.
After the deal was finalized McMahon said, “This is the culmination of a decades-long partnership between Endeavor and WWE across strategic initiatives including talent representation and media rights”.
Thus, it can be understood that Vince McMahon has amassed a lot from the UFC-WWE merger deal with Endeavor. The amount gained has certainly added to his huge net worth.
What is the net worth of Vince McMahon?
Vincent Kennedy McMahon, who is popularly known as Vince McMahon, has a lot of occupations. For instance, he is a media proprietor, a businessman, and the executive chairman of TKO Group. He is such a multi-talented person; no wonder he has a world-famous personality.
With that, as per Celebrity Net Worth, the estimated net worth of Vince McMahon as of 2023 is $3.2 billion. Not to mention, his annual salary stands at $1.2 million.
Not only that, the McMahons are one of the richest families. Moreover, Vince McMahon’s children, Stephanie McMahon, and Shane McMahon possess a net worth of $79 million and $35 million, respectively. In addition, Triple H, the chief content officer at WWE, and Vince’s son-in-law have a net worth of $40 million.
Triple H has also received a bonus following the merger. Thus, not only Vince but many others benefited from the Endeavor deal. However, matters didn’t turn out to be well for all since the merger resulted in massive talent and corporate releases in the Stamford-based promotion. With such uncertainty around, it remains to be seen what else the deal will result in in the upcoming days.