 In a shocking turn of events, former WWE Chairman and CEO, Vince McMahon has announced his retirement. The 77-year-old billionaire will no longer oversee any form of WWE content, including Monday Night Raw and Friday Night SmackDown. The $2.3 Billion worth Vince McMahon tweeted the news of his retirement in a way only he can; short and sweet! McMahon did not beat around the bush to deliver the news. He also thanked the WWE Universe, and reminded them he’s always there with them through WWE tagline’s – “Then, Now, Together, Forever.” Vince McMahon also released a full statement on his retirement via WWE.com [https://corporate.wwe.com/news/company-news/2022/07-22-2022a]. He expressed gratitude to the WWE Universe for giving him the privilege to entertain them over the years. In addition, Vince McMahon thanked his family, current WWE Superstars and former superstars for all the success WWE had over the decades. McMahon also reassured the world that WWE will thrive. Furthermore, he revealed Stephanie McMahon (WWE Chairwoman [https://www.essentiallysports.com/wwe-news-who-is-responsible-for-stephanie-mcmahons-appointment-as-interim-wwe-ceo/]) and Nick Khan (Current WWE President) will serve as Co-CEO’s of WWE. [https://image-cdn.essentiallysports.com/wp-content/uploads/Donald-Trump-and-Vince-McMahon.jpg] WWE GETS TWO NEW CEO’S AS VINCE MCMAHON RETIRES While Vince [https://www.essentiallysports.com/tag/vince-mcmahon/] stepped down from day to day activities, he continues to hold the majority shares in WWE (51%). He wrote, “I am extremely confident in the continued success of WWE, and I leave our company in the capable hands of an extraordinary group of Superstars, employees, and executives – in particular, both Chairwoman and Co-CEO Stephanie McMahon and Co-CEO Nick Khan [https://www.essentiallysports.com/wwe-news-wwe-president-nick-khan-reveals-why-wwe-has-fired-so-many-people-since-his-takeover-vince-believed-that-wwe-was-at-a-place-where-it-had-earned-vince-mcmahon/]. As the majority shareholder, I will continue to support WWE in any way I can.” The potential reason for Vince McMahon’s sudden retirement could be the Hush Money Allegations reported by the Wall Street Journal [https://www.wsj.com/articles/wwes-vince-mcmahon-agreed-to-pay-12-million-in-hush-money-to-four-women-11657289742]. Vince McMahon founded Titan Sports in 1980. Furthermore, be founded the WWE in 1982 after buying out his father’s local wrestling promotion. The 77-Year-Old led the WWE ship for four long decades, before stepping down. His contribution to professional wrestling cannot be watched. It’s a massive statement, but it’s undeniable; Vince McMahon is the reason professional wrestling is as popular in the world as it is today! Groundbreaking Move as $12 Million Hush Money Fact Comes to Light [https://www.essentiallysports.com/wwe-news-its-really-not-illegal-wwe-legend-supports-vince-mcmahon-in-groundbreaking-move-as-12-million-hush-money-fact-comes-to-light/]. 

WWE Chairman Vince McMahon announces heartbreaking news for fans following the
recent hush money controversy that haunted him recently.

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After 40 Years, WWE Supremo Vince McMahon Provides Devastating News to Fans

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WWE Chairman Vince McMahon announces heartbreaking news for fans following the recent hush money controversy that haunted him recently.

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<h2 style="text-align: center"><b>Vince Mcmahon 2021: </b>Net Worth, Salary, &amp; Endorsements</h2>
<p style="text-align: center"><img class="n3VNCb" src="https://www.wwe.com/f/styles/og_image/public/rd-talent/Bio/Mr_McMahon_bio.png" alt="Mr. McMahon | WWE" data-noaft="1" /></p>
<p style="text-align: center">The owner of WWE and the one responsible for everything today in the company is none other than Vince McMahon. Leading the company for over 30 years, Vincent Kennedy McMahon has brought it from a local promotion to a global entity.</p>
<p style="text-align: center">The Chairman and CEO of the company controls everything we see on TV. The match decisions, storylines, pushes, and character growth- all look to the vision of  McMahon.</p>
<p style="text-align: center">McMahon inherited the business from his father, Vince McMahon Sr. and has built an empire off of it. The company is the hard work of four generations of McMahons.<span class="Apple-converted-space"> </span></p>


[caption id="attachment_473139" align="alignnone" width="612"]<img class="wp-image-473139 size-full" src="https://www.essentiallysports.com/wp-content/uploads/Vince-Mcmahon-raw.jpg" alt="Vince McMahon" width="612" height="455" /> LAS VEGAS - AUGUST 24: World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas &amp; Mack Center August 24, 2009 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images)[/caption]
<p style="text-align: center">The boss has all the power in his hands and till today, his word and decisions are final. Mcmahon is an extremely sporting person and does not hesitate to get into the thick of the battle in the ring. In his days, he even went one on one against “Stone Cold” Steve Austin several times!</p>
<p style="text-align: center">He is still willing to give it all to his company. He has done a splendid job raising two children, Stephanie and Shane, and imbibing the ways of the company into them. They will undoubtedly be workday successors to his vision.</p>


[caption id="attachment_455423" align="alignnone" width="612"]<img class="wp-image-455423 size-full" src="https://www.essentiallysports.com/wp-content/uploads/taker-and-vince.jpg" alt="The Undertaker with Vince McMahon" width="612" height="408" /> WWE Owner Vincent Kennedy McMahon (c) flanked by superstars The Undertaker (l) and Brock Lesnar (r) (Photo by Simon Galloway - PA Images via Getty Images)[/caption]
<p style="text-align: center">The ocean of experience that this man has is vast. He literally has seen it all and watched many come and go. When you criticize his decisions, think twice; he knows what he’s doing after all.</p>

<h2 style="text-align: center"><b>Vince McMahon 2021 Net Worth</b></h2>
<p style="text-align: center">The owner of WWE has an incredible net worth of $ 1.8 Billion as of 2021. This surpasses any other name in the sport. His successful investments outside WWE have also added to his worth.<span class="Apple-converted-space"> </span></p>
<p style="text-align: center"><img class="n3VNCb" src="https://www.tpww.net/wp-content/uploads/2018/06/vince-mcmahon-5.jpeg" alt="WWE: WWE “Tell-All” Book Planned, WWE Yearbook Video – TPWW" data-noaft="1" /></p>

<h2 style="text-align: center"><b>Vince McMahon 2021 Stats</b></h2>
<p style="text-align: center">Vince Mcmahon has some pretty good achievements to his name. Believe it or not, he has held more than one main roster Championship.</p>
<p style="text-align: center">Mr.McMahon has held the WWF Championship once in 1999, arguably his peak moment. He has also held the ECW World Championship once.<span class="Apple-converted-space"> </span></p>
<p style="text-align: center"><img class="n3VNCb aligncenter" src="https://statics.sportskeeda.com/editor/2017/12/45fe9-1512244213-800.jpg" alt="5 WWE facts you will be surprised to know" data-noaft="1" /></p>
<p style="text-align: center">Mcmahon has also achieved what few Superstars have- he won the Royal Rumble in 1999. Apart from these moments and three Feud of the Year Awards, McMahon also holds the impressive Guinness World Record for the Oldest WWE Champion!</p>

<h2 style="text-align: center"><b>How much of WWE does Vince McMahon own?</b></h2>
<p style="text-align: center">Vince McMahon owns about 48% of his company and commands 70.5% of the voting power as well. Shane and Stephanie McMahon both own 2% and 2.47% respectively while Vince and Linda share another 3%. In total, the McMahon family has a 55% stake in their own company.</p>
<p style="text-align: center"><img class="n3VNCb" src="https://www.ewrestlingnews.com/wp-content/uploads/2017/04/20170403_raw_vincepromo-e399d06986b7ccedfa82c8786769d44b-1280x720.jpg" alt="Backstage Report - Vince McMahon Demands " data-noaft="1" /></p>
<p style="text-align: center">The rest of the stake can openly be bought and sold on the stock market.<span class="Apple-converted-space"> </span></p>

<h2 style="text-align: center"><b>Vince McMahon foundation and charity</b></h2>
<p style="text-align: center">Vince Mcmahon started a foundation with his wife Linda McMahon for the welfare of society. This foundation is responsible for donations to the Boys &amp; Girls Club of Stamford Connecticut, and the Breast Cancer Alliance.</p>
<p style="text-align: center"><img class="n3VNCb" src="https://vignette1.wikia.nocookie.net/prowrestling/images/9/9e/Linda_McMahon_%26_Vince_McMahon.jpg/revision/latest/scale-to-width-down/2000?cb=20151206030313" alt="5 Things you didn't know about Vince and Linda McMahon's marriage" data-noaft="1" /></p>
<p style="text-align: center">His foundation has gifted funds to the Boys &amp; Girls Club of Stamford, Connecticut, and Breast Cancer Alliance.</p>

<h2 style="text-align: center">Vince McMahon’s career</h2>
<p style="text-align: center">A young Mcmahon began as a commentator and worked in his father's company for years. He worked his way up from ring announcer, and then soon bought the company.<span class="Apple-converted-space"> </span></p>
<p style="text-align: center"><img class="n3VNCb aligncenter" src="https://i.pinimg.com/originals/88/67/58/886758749424063dc98db00467e71a14.jpg" alt="Image result for vince mcmahon young | Vince mcmahon, Wrestling ..." width="480" height="530" data-noaft="1" /></p>
<p style="text-align: center">His major goof-up during the Montreal Screwjob may have almost destroyed his business. However, it played a huge role in forming his character "Mr.McMahon" years later. His role in the Attitude Era was great.</p>
<p style="text-align: center">The Chairman has a lot of legendary moments to his name, most notably the rivalry with Stone Cold. His iconic “You’re fired” line is always somewhat satisfying to hear.</p>
<p style="text-align: center"><img class="n3VNCb" src="https://www.wwe.com/f/styles/wwe_large/public/gallery/thumb/2011/09/03_scsa_mcmahon.jpg" alt="Stone Cold" data-noaft="1" /></p>
<p style="text-align: center">McMahon has a close relationship with President Donald Trump and has shared a heated rivalry with him in WWE as well. The two are close to each other and often share light-hearted moments.</p>
<p style="text-align: center">Rest assured, Vince Mcmahon has been through it all and will go through more. His mind for business is a unique possession in the changing world today.</p>

<h2 style="text-align: center"><b>How to contact Vince McMahon</b></h2>
<p style="text-align: center">Vince Mcmahon is available on Twitter through the following username: <a href="https://twitter.com/VinceMcMahon?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor" target="_blank" rel="noopener noreferrer">@VinceMcMahon</a></p>

<table cellspacing="0" cellpadding="0">
<tbody>
<tr>
<td valign="middle">Born</td>
<td valign="middle">Pinehurst, North Carolina, USA</td>
</tr>
<tr>
<td valign="middle">Residence</td>
<td valign="middle">Greenwich, Connecticut</td>
</tr>
<tr>
<td valign="middle">Height</td>
<td valign="middle">6 ft 1 in<span class="Apple-converted-space"> </span></td>
</tr>
<tr>
<td valign="middle">Weight</td>
<td valign="middle">112 Kg</td>
</tr>
<tr>
<td valign="middle">Parents</td>
<td valign="middle">Vincent J. McMahon, Vicky Askew</td>
</tr>
<tr>
<td valign="middle">Nationality</td>
<td valign="middle">United States Of America</td>
</tr>
<tr>
<td valign="middle">Marital Status</td>
<td valign="middle">Married</td>
</tr>
<tr>
<td valign="middle">Spouse(s)</td>
<td valign="middle">Linda McMahon</td>
</tr>
<tr>
<td valign="middle">Children</td>
<td valign="middle">Stephanie McMahon, Shane McMahon</td>
</tr>
<tr>
<td valign="middle">Ring name(s)</td>
<td valign="middle">Mr.McMahon, Vince McMahon<span class="Apple-converted-space"> </span></td>
</tr>
<tr>
<td valign="middle">Trained By</td>
<td valign="middle">Tom Prichard, Dave "Wildman" McKigney</td>
</tr>
<tr>
<td valign="middle">Debut</td>
<td valign="middle">1969 (Commentator), April 13, 1998 (Wrestler)</td>
</tr>
<tr>
<td valign="middle">Net Worth</td>
<td valign="middle">$1.8 Billion (2021)</td>
</tr>
</tbody>
</table>

Vince McMahon

Vince Mcmahon 2021: Net Worth, Salary, &amp; Endorsements The owner of WWE and the one responsible for everything today in the company is none other than Vince McMahon. Leading the company for over 30 years, Vincent Kennedy McMahon has brought it from a local promotion to a global entity. The Chairman and CEO of the company controls everything we see on TV. The match decisions, storylines, pushes, and character growth- all look to the vision of  McMahon. McMahon inherited the business from his father, Vince McMahon Sr. and has built an empire off of it. The company is the hard work of four generations of McMahons.  LAS VEGAS &#8211; AUGUST 24: World Wrestling Entertainment Inc. Chairman Vince McMahon is introduced during the WWE Monday Night Raw show at the Thomas &amp; Mack Center August 24, 2009 in Las Vegas, Nevada. (Photo by Ethan Miller/Getty Images) The boss has all the power in his hands and till today, his word and decisions are final. Mcmahon is an extremely sporting person and does not hesitate to get into the thick of the battle in the ring. In his days, he even went one on one against “Stone Cold” Steve Austin several times! He is still willing to give it all to his company. He has done a splendid job raising two children, Stephanie and Shane, and imbibing the ways of the company into them. They will undoubtedly be workday successors to his vision. WWE Owner Vincent Kennedy McMahon (c) flanked by superstars The Undertaker (l) and Brock Lesnar (r) (Photo by Simon Galloway &#8211; PA Images via Getty Images) The ocean of experience that this man has is vast. He literally has seen it all and watched many come and go. When you criticize his decisions, think twice; he knows what he’s doing after all. Vince McMahon 2021 Net Worth The owner of WWE has an incredible net worth of $ 1.8 Billion as of 2021. This surpasses any other name in the sport. His successful investments outside WWE have also added to his worth.  Vince McMahon 2021 Stats Vince Mcmahon has some pretty good achievements to his name. Believe it or not, he has held more than one main roster Championship. Mr.McMahon has held the WWF Championship once in 1999, arguably his peak moment. He has also held the ECW World Championship once.  Mcmahon has also achieved what few Superstars have- he won the Royal Rumble in 1999. Apart from these moments and three Feud of the Year Awards, McMahon also holds the impressive Guinness World Record for the Oldest WWE Champion! How much of WWE does Vince McMahon own? Vince McMahon owns about 48% of his company and commands 70.5% of the voting power as well. Shane and Stephanie McMahon both own 2% and 2.47% respectively while Vince and Linda share another 3%. In total, the McMahon family has a 55% stake in their own company. The rest of the stake can openly be bought and sold on the stock market.  Vince McMahon foundation and charity Vince Mcmahon started a foundation with his wife Linda McMahon for the welfare of society. This foundation is responsible for donations to the Boys &amp; Girls Club of Stamford Connecticut, and the Breast Cancer Alliance. His foundation has gifted funds to the Boys &amp; Girls Club of Stamford, Connecticut, and Breast Cancer Alliance. Vince McMahon’s career A young Mcmahon began as a commentator and worked in his father&#8217;s company for years. He worked his way up from ring announcer, and then soon bought the company.  His major goof-up during the Montreal Screwjob may have almost destroyed his business. However, it played a huge role in forming his character &#8220;Mr.McMahon&#8221; years later. His role in the Attitude Era was great. The Chairman has a lot of legendary moments to his name, most notably the rivalry with Stone Cold. His iconic “You’re fired” line is always somewhat satisfying to hear. McMahon has a close relationship with President Donald Trump and has shared a heated rivalry with him in WWE as well. The two are close to each other and often share light-hearted moments. Rest assured, Vince Mcmahon has been through it all and will go through more. His mind for business is a unique possession in the changing world today. How to contact Vince McMahon Vince Mcmahon is available on Twitter through the following username: @VinceMcMahon  Born Pinehurst, North Carolina, USA  Residence Greenwich, Connecticut  Height 6 ft 1 in   Weight 112 Kg  Parents Vincent J. McMahon, Vicky Askew  Nationality United States Of America  Marital Status Married  Spouse(s) Linda McMahon  Children Stephanie McMahon, Shane McMahon  Ring name(s) Mr.McMahon, Vince McMahon   Trained By Tom Prichard, Dave &#8220;Wildman&#8221; McKigney  Debut 1969 (Commentator), April 13, 1998 (Wrestler)  Net Worth $1.8 Billion (2021)

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