Vince McMahon (CEO of WWE) Biography, Wiki, Age, Career, Family, Net Worth | Who is Vince McMahon? Bio, Wiki

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Who is Vince McMahon?

Vincent Kennedy McMahon (born August 24, 1945) is an American professional wrestling promoter, executive, and media proprietor.

He served as the chairman and chief executive officer (CEO) of WWE, the largest professional wrestling promotion in the world, until 2022. He is also the founder and owner of Alpha Entertainment.

Vince McMahon steps down as WWE CEO while the company investigates alleged misconduct

World Wrestling Entertainment CEO Vince McMahon is stepping aside away from the business side of the wrestling company while an investigation is conducted into an alleged hush-money payment to cover up sexual misconduct, the WWE and its board of directors announced Friday.

McMahon has run the company for 40 years after taking over for his father in 1982, when it was known as the World Wrestling Federation. He’ll still maintain control of the WWE’s creative output during the investigation, and the company announced he’d appear on Friday night’s episode of SmackDown.

“I have pledged my complete cooperation to the investigation by the Special Committee, and I will do everything possible to support the investigation. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon said in the company’s statement.

Vince McMahon Biography, Wiki

Vince McMahon, in full Vincent Kennedy McMahon, Jr., (born August 24, 1945, Pinehurst, North Carolina, U.S.), American professional wrestling impresario who used showmanship and tireless promotion to make wrestling, formerly a niche entertainment, into a vastly lucrative industry.

McMahon was himself the son of a wrestling promoter, and in the 1970s he began working as a ringside announcer for his father’s business, Capitol Wrestling Corporation (later known as the World Wrestling Federation [WWF; 1979–2002] and World Wrestling Entertainment [WWE; 2002– ]).

In 1982 he bought the company. McMahon transformed the sport, displaying the brash ambition and innate promotional ability that would become his trademark. He created a unique blend of sports and entertainment, incorporating rock music, celebrities, and outrageously scripted matches, and in the process he molded wrestlers into child-friendly stars.

Outside the ring he lured performers away from rival companies and broke the long-standing regionalism of wrestling organizations as he took his eastern-based business national. Although McMahon made many enemies, his bold changes revolutionized the sport and moved it into the mainstream. WWF cable shows and live events were hits, and by the mid-1980s the company was the leading wrestling group.

Vince McMahon Biography Wikipedia
Vince McMahon
BornVincent Kennedy McMahon
August 24, 1945 (age 76)
Pinehurst, North Carolina, U.S.
EducationEast Carolina University (BA)
OccupationEntrepreneur and businessmanProfessional wrestling promoter and executiveAmerican football executiveMedia proprietor
EmployerWWE
Known forPioneer of the professional wrestling revolution in the U.S.Co-creator of the XFL, and other WWE-related ventures
TitleChairman and CEO of WWEFounder and chairman of Alpha Entertainment
Spouse(s)Linda Edwards ​(m. 1966)

Vince McMahon Career

Vince McMahon was introduced into the family business in 1971, when his father made him the head of Capitol’s operations in Bangor, Maine. Next, he was made responsible for their New England-based operations.

He was a major force behind the renaming of the company to the World Wrestling Federation (WWF), now called WWE. He made his debut as a commentator in 1971, and eventually became the regular play-by-play commentator and continued in the role till November 1997.

Besides matches, he also hosted other WWF shows and introduced WWF programming to TBS.In 1979, he and his wife bought the Cape Cod Coliseum and the Cape Cod Buccaneers of the Atlantic Coast Hockey League. They also sold rock concerts by Van Halen and Rush.

In 1980, he and his wife Linda founded the company, Titan Sports, which was later incorporated in the Capitol Wrestling Co., which he bought from his ailing father, who died in 1984.With the vision to make WWF a national entity, he split WWF from the National Wrestling Alliance a second time in 1983 (the first time it was split in 1963).

He began expanding the company nationally by promoting in areas outside of Northeast US by signing talents from other companies like American Wrestling Association (AWA). He signed Hulk Hogan and used him as the ambassador to promote his brand.In 1984, he created the Rock ‘n’ Wrestling Connection by incorporating pop music stars into wrestling storylines, expanding its fanbase into a national mainstream audience as the promotion was featured on MTV.

In March 1985, the first WrestleMania was aired on TV throughout the US.He shifted the focus of WWF towards a more adult-oriented model called ‘WWF Attitude’, and he himself got involved in WWF storylines. As a result, WWF found itself in the midst of the national pop-culture, drawing millions of viewers for its weekly Monday Night Raw broadcasts on cable television.In 1990, he founded the bodybuilding organization World Bodybuilding Federation.

In 1993, he was portrayed as a villain in WWF, when he was involved in a feud with Jerry Lawler, as he wanted to dethrone him as the “king of professional wrestling”. The highlight of the feud was when Tatanka defeated Lawler to win the USWA Championship.

However, the feud ended abruptly when Lawler was accused of raping a girl and was dropped from WWF. However, the girl later stated that the accusation was not true.In 2000, Vince McMahon launched a professional American football league XFL.

However, the league was discontinued after one season due to low television ratings. In 2001, ECW, a national wrestling company, went out of business, and Vincent bought the assets of the company in the bankruptcy court.In May 2002, WWF was renamed as WWE.

In 2005, he used the name ECW in a DVD and one time PPV event. Owing to popular demand, in 2006 WWE bought back the name as a third brand for the company.In February 2014, he launched WWE Network. Today, WWE programs are broadcast in about 150 countries and in more than 30 languages.

Vince McMahon Net Worth

McMahon owns a $12 million penthouse in Manhattan; a $40 million mansion in Greenwich; a $20 million vacation home; and a 47-foot sports yacht. In 2001, he was listed as a billionaire.

In May 2014, his net worth dropped to $750 million after WWE stock fell $350 million.

However, in 2015, he recovered his loss, and reported to have a worth of $1.2 billion. In 2017, he was back in the ring with the world’s richest after a 50 percent jump in WWE’s stock.

He donated $5 million to Donald J. Trump Foundation. He also donated over $8 million in grants to the Fishburne Military School, Sacred Heart University, and East Carolina University.

Vince McMahon FAQ’s

Who is Vince McMahon?

Vincent Kennedy McMahon (born August 24, 1945) is an American professional wrestling promoter, executive, and media proprietor.

How old is Vince McMahon?

Vince McMahon is currently 76 years old.

Why is Vince McMahon trending?

World Wrestling Entertainment CEO Vince McMahon is stepping aside away from the business side of the wrestling company while an investigation is conducted into an alleged hush-money payment to cover up sexual misconduct, the WWE and its board of directors announced Friday.

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