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Vince mcmahon-WWE Official Breaking News

Vincent Kennedy McMahon is an American professional wrestling promoter, executive, and media proprietor. He served as the chairman and chief executive officer of WWE, the largest professional wrestling promotion in the world, until 2022. He is also the founder and owner of Alpha Entertainment.

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Vince McMahon: WWE CEO steps down amid misconduct inquiry

Amid Vince McMahon’s alleged misconduct investigation, WWE and its Board of Directors revealed in a statement, “The Special Committee has appointed Stephanie McMahon to serve as interim CEO and interim Chairwoman.”

In a shocking turn of events to rock the world of WWE, Vince McMahon has stepped back from his role as WWE CEO and Chairman of the Board, with Stephanie McMahon appointed as interim CEO and interim Chairman. This decision comes in lieu of an investigation underway into alleged misconduct by Vince McMahon and John Laurinaitis, Head of Talent Relations for WWE.

WWE and its Board of Directors jointly released a statement, on June 17, on WWE’s corporate website regarding Vince McMahon‘s alleged misconduct. They stated, “WWE (NYSE: WWE) and the Board of Directors today announced that a Special Committee of the Board is conducting an investigation into alleged misconduct by its Chairman and CEO Vincent McMahon and John Laurinaitis, head of talent relations, and that, effective immediately, McMahon has voluntarily stepped back from his responsibilities as CEO and Chairman of the Board until the conclusion of the investigation. McMahon will retain his role and responsibilities related to WWE’s creative content during this period and remains committed to cooperating with the review underway,” and added, “The Special Committee has appointed Stephanie McMahon to serve as interim CEO and interim Chairwoman.”

Vince mcmahon net worth

What is Vince McMahon’s net worth?

McMahon’s control of WWE is determined by his 28.7 million shares of the company stock.

At the time of writing, this is worth around 2.76 billion dollars, although as of 2022, his net worth is deemed to be around 2.4 billion dollars, which is ever so slightly less.

It’s unclear as to how this latest scandal will impact McMahon’s wealth as a person, especially if he is found to have avoided any criminal behaviour.

It remains to be seen whether he will be forced to sell his stock in the company he created, but that will only be clear once the aforementioned investigation is complete.

Vince mcmahon meme

NameVincent Kennedy McMahon
D.O.B & Age24 August, 1945 & 76 years
Height1.88m
Weight112KG
OccupationEntrepreneur, Professional Wrestler, Businessman, Wrestling promoter
Professional Debut1969 (as a commentator)
WifeLinda Edwards
Professional NameVince McMahon

VINCE MCMAHON WWE

On February 21, 1980, McMahon officially founded Titan Sports and the company’s headquarters were established in South Yarmouth, Massachusetts, using the now-defunct Cape Cod Coliseum as a home base for the company. McMahon then became chairman of the company and his wife, Linda, became the “co-chief executive”. When he purchased the WWF, professional wrestling was a business run by regional promotions. Various promoters understood that they would not invade each other’s territories, as this practice had gone on undeterred for decades; McMahon had a different vision of what the industry could become. 

VINCE MCMAHON WWE ACHIEVEMENTS

ECW World Championship (1 time)

WWF Championship (1 time)

Royal Rumble (1999)

VINCE MCMAHON FILMS

Scooby-Doo! Wrestlemania mystery2014
The Flinstones2015
Scoody-Doo! WWE universe2016
Surf’s up 22017
The Jetsons and WWE2017

VINCE MCMAHON WIFE

Vince McMahon’s wife Linda (real name: Linda Marie Edwards) was born on October 4, 1948 in New Bern, North Carolina. Linda was the only daughter of her parents, who worked at a Marine Corps base.

VINCE MCMAHON NETWORTH

As of 2022, McMahon’s net worth is listed at $2.3 billion. The figures seem even more impressive when you consider the fact that Vince has invested $500 million to resurrect the XFL. 

Did Vince McMahon buy WWE?

Vince McMahon Bought WWE For $500,000

Does Vince McMahon still own John Cena’s name?

As per Metro, in a re-surfaced video of Cena’s appearance on The Howard Stern Show, the wrestler confirmed that the WWE boss Vince McMahon has the right to own his name and gets a cut for the same from all his movies. “’Absolutely,’ the former world champion said, insisting he has no problem with the arrangement.

Which wrestler is a billionaire?

John Cena is an American professional wrestler who has a net worth of $60 million.