The pro wrestling world witnessed a seismic event with WWE’s sale to Endeavor in April. UFC’s parent company looked to merge both the promotions to form a $21.4 billion global enterprise. The acquisition and merger were closed in September and a new company- TKO etched his new beginnings.

Vince McMahon, the billionaire wrestling impresario, sold his company after 40 years. But has he been able to add to his wealth? Let’s find out.

What is Vince McMahon’s wealth now?

It would surprise you to know that following the merger, McMahon lost some of his wealth. Yes, you read that right. But before forming any opinion, let’s look at the numbers.

Firstly, we’ll break up the merger. So, the $21.4 billion was the consolidated value from the UFC and the WWE. The MMA promotion was valued at $12.1 billion and the Stamford-based company at $9.3 billion. This was more than WWE’s market value at that time, which stood at $6.5 billion and a few million more than McMahon’s $9 billion ask.

It is no secret that Vince McMahon was already a billionaire when he entered the deal. So, he is expected to add significantly to that amount. According to a Forbes report- released on October 3, 2023- which placed McMahon in its 400 wealthiest in the US list, the 78-year-old’s wealth was stated as $3.1 billion, which is nearly twice his $1.8 billion wealth in 2021.

But, as per Forbes’ current stand, McMahon has lost almost half a billion dollars and, as of October 16, is worth $2.6 billion. In its report, Forbes stated that the “net worths were calculated using stock prices from September 8, 2023”. The TKO merger closed on September 12, 2023. However, good news still looms on the horizon with news of McMahon’s new role at TKO being unveiled.

What is Vince McMahon’s role in TKO?

McMahon is the Executive chairman of the newly formed board. As per reports, he now has 16.4 percent voting power and an equal percentage of economic interests.

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This makes him the leader of the 11-member board comprising WWE and Endeavor employees. Endeavor now owns 51 percent of WWE’s shares, while leaving McMahon and the others with 49 percent.

This is also the first time in 40 years- since he acquired the company from his father, Vince Sr, in 1982- that the McMahon family has been relegated to a minority ownership.

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Meanwhile, what do you make of Vince McMahon’s financial condition with regard to the TKO formation? Let us know in the comments.