What Is Vince Mcmahon Net Worth? As He Announces Retirement From WWE
3 min read
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Vince McMahon declared his retirement on July 22, 2022. While he is prepared to leave WWE, his commitment to its expansion over the years has increased his personal worth.
For many years, Vince, 77, served as the chairman and CEO of WWE. A month after he left his position, it was announced that he was retiring.
Many people reacted quickly to his choice, but Tony Khan, CEO of AEW, stood out because he did not hold back in making his own joke about the announcement of his retirement.
The revealed net worth of Vince McMahon
According to Celebrity Net Worth, Vince is thought to be worth $1.8 billion. Over the years, he has balanced a number of careers, which has also increased his value.
He is described as a “American professional wrestling promoter, commentator, film producer, and sporadic wrestler” by the source.
The shares he owns for WWE account for the majority of his wealth. He currently owns 28.7 million shares of WWE. With this, he controls 80% of the voting power at WWE and about 37% of the total number of outstanding shares. To summarise, Vince typically makes a sizable profit anytime the value of WWE shares increases.
What has he said in connection with his retirement?
Regarding his retirement, Vince made a statement, which was also posted on the WWE website. After working for the organization for a number of years, Vince remarked that he came to the conclusion that it was time to say goodbye to his position. He went on to express gratitude to his family, colleagues, and current and former “superstars” for their support of the company throughout the years.
He added that WWE will continue to operate in the same manner and acknowledged that he was putting his faith in Co-CEO Nick Khan and Chairwoman Stephanie McMahon.
What was tweeted by Tony Khan?
Tony, the CEO of AEW, responded to the news on Twitter right away and did not mince words. He wrote: “I’m grateful to now be the longest-serving CEO in pro wrestling thanks to you wrestling fans and your tremendous support of AEW. I sincerely appreciate every single person who watches AEW. See you at the AEW Rampage on TNT this Friday!
Thanks to you wrestling fans and your great support of @AEW, I’m grateful to now be the longest-tenured CEO in pro wrestling.
— Tony Khan (@TonyKhan) July 22, 2022
Thank you very much to every single person who watches @AEWonTV!
See you for Friday Night #AEWRampage on @TNTdrama
@ 10pm ET/9pm CT/10pm PT
*TONIGHT*!
His humorous tweet undoubtedly got a lot of people talking and caught everyone’s attention.
Ankita Khanrah
Ankita Khanrah is a second-year student of the Master of Communication and Journalism (Integrated) programme at the School of Mass Communication, KIIT Deemed University, Bhubaneswar.
