The World Wrestling Entertainment, popularly known as WWE, is an American entertainment company that is primarily known for Professional Wrestling. Other than Pro Wrestling, WWE has also branched out into other fields including movies, real estate, and other notable ventures.
Generally known for its Pro Wrestling promotion, the WWE was founded in 1952 by Jess McMahon and Toots Mondt and initially was known as the Capitol Wrestling Corporation. As of 2023, WWE is the largest Pro Wrestling company in the world, hosting over 500 live events a year, and with a roster that consists of over 200 wrestlers from several notable brands. WWE is available to more than 40 million viewers in more than 150 countries across the world. The company also has its own Performance Center in Orlando, Florida. The WWE Global Headquarters is located in Stamford, Connecticut.
McMahon Family Net Worth
The former Chairman of WWE is Vince McMahon who retains 42% ownership of the company's outstanding stock and 83% of the voting power. Vince McMahon’s daughter Stephanie McMahon and his son-in-law Triple H are also shareholders of the company. Her daughter held the position of the chair-woman of the company after her father retired at the age of 77 in July 2022. On January 10th, 2023, however, Stephanie McMahon announced her resignation from the company.
The current incarnation of WWE was previously known as Titan Sports, Inc., which was founded by Vince McMahon and his wife Linda McMahon and was eventually renamed to the World Wrestling Federation, Inc (WWF) in 1998. In 2002, the company officially rebranded itself as World Wrestling Entertainment, Inc. (WWE).
WWE Net Worth 2023
As of 2022, WWE's market capitalization is listed as $6.87 billion. Despite viewership hiccups, WWE has been doing mighty fine in the revenue department. The company made an astonishing US$1.2915 billion in 2022, the highest in WWE history. The sharp rise in revenue was largely helped by the huge increments in media and operating income which rose to around USD 259 Million.
WWE has also recently signed a new broadcast deal with the USA Network and with FOX Sports, who will be telecasting SmackDown Live from 1st October 2019. This deal will also increase the average annual value of WWE by 3.6 times more than the previous deal with NBCU.
With the WWE's Net Worth currently being near $7 billion, the salaries of WWE wrestlers remain to be seen as another interesting topic. Brock Lesnar is currently the highest-earning WWE wrestler, followed by John Cena, and Roman Reigns.
Former UFC fighter and Raw Women’s Champion, Ronda Rousey leads the line in terms of female WWE wrestlers followed by Charlotte Flair, and Nikki Bella.
| Founded | 21 February 1980 |
| WWE Net Worth 2020 | $6.87 Billion |
| WWE Executive Chairman | Vince McMahon |
| Headquarters | Stamford, CT |
| Charity | Make-A-Wish Foundation |
Also Read: Everything about WWE Stocks
Major Changes in WWE shares in the past decade
2014- Vince McMahon loses his position as a billionaire
In 2014, WWE Chairman Vince McMahon lost a total of $350 million, as WWE shares took a beating from investors. The stock went down more than 40% and immediately knocked down Vince McMahon out of the billionaire ranks, putting his net worth now at an estimated $750 million.
2016- Vince McMahon billionaire once again
In 2016, Vince McMahon once again rose to the billionaire ranks after adding over $100 million to his ranks within the span of seven weeks. WWE shares also increased up to 18% since the second week of February. This also increased Vince McMahon’s to $1.1 billion thanks to his 52% stake in WWE.
2018- Vince McMahon back on Forbes 400
In 2018, Vince McMahon led the pack of returnees in the Forbes 400 list of richest Americans. The WWE Chairman made it to the list for the first time since 2002 after a $1.6 billion increase in his net worth.
WWE Historical Net Worth
| Year | Market capitalisationn | Change |
|---|---|---|
| 2023 | $6.87 Billion | 34.89% |
| 2022 | $5.09 Billion | 36.28% |
| 2021 | $3.74 Billion | 0.08% |
| 2020 | $3.73 Billion | -26.65% |
| 2019 | $5.09 Billion | -12.59% |
| 2018 | $5.83 Billion | 147.25% |
| 2017 | $2.35 Billion | 67.73% |
| 2016 | $1.40 Billion | 3.82% |
| 2015 | $1.35 Billion | 45.39% |
| 2014 | $0.93 Billion | -25.2% |
| 2013 | $1.24 Billion | 111.11% |
| 2012 | $0.58 Billion | -14.96% |
| 2011 | $0.69 Billion | -34.18% |
| 2010 | $1.05 Billion | -6.43% |
| 2009 | $1.12 Billion | 39.64% |
| 2008 | $0.80 Billion | -23.89% |
| 2007 | $1.05 Billion | -8.52% |
| 2006 | $1.15 Billion | 14.23% |
| 2005 | $1.01 Billion | 21.92% |
| 2004 | $0.83 Billion | -7.17% |
| 2003 | $0.89 Billion | 58.07% |
| 2002 | $0.56 Billion | -40.82% |
| 2001 | $0.95 Billion | Data begins |
FAQs
How rich are the McMahons?
WWE Chairman, Vince McMahon, enjoys a net worth of $3.2 billion. His son, Shane McMahon is worth $35 million while his daughter, Stephanie McMahon Levesque possesses a net worth of $45 million. Vince McMahon's wife, Linda McMahon, who was also a former USA Cabinet minister, has a reported net worth of $1.35 billion.
Who owns WWE?
WWE is a multi-billion dollar publicly traded company. Although there are many shareholders, Vince McMahon still owns the majority of the stakes. McMahon is still the Chairman of the company with a 42% ownership.
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