Net Worth

WWE Net Worth 2023: Changes in WWE Stock During the Last Decade

Sandra Boudreaux

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WWE Net Worth

The World Wrestling Entertainment, or WWE, is an American entertainment business best known for professional wrestling. Aside from pro wrestling, WWE has ventured into other sectors such as movies, real estate, and other major projects.

The WWE, well known for its Pro Wrestling promotion, was formed in 1952 by Jess McMahon and Toots Mondt as the Capitol Wrestling Corporation. As of 2023, WWE is the world’s largest Pro Wrestling company, conducting over 500 live events per year and boasting a roster of over 200 wrestlers from many famous brands. WWE has over 40 million viewers in more than 150 countries across the world. In addition, the corporation operates its own Performance Center in Orlando, Florida. WWE’s global headquarters are in Stamford, Connecticut.

McMahon Family Net Worth

Vince McMahon, the former Chairman of WWE, still owns 42% of the company’s outstanding stock and has 83% of the voting power. Stephanie McMahon, Vince McMahon’s daughter, and Triple H, Vince McMahon’s son-in-law, are also shareholders in the firm. Her daughter became the company’s chairwoman after her father retired at the age of 77 in July 2023. Stephanie McMahon, on the other hand, announced her resignation from the company on January 10th, 2023.

The present WWE was previously known as Titan Sports, Inc., which was formed by Vince McMahon and his wife Linda McMahon and renamed the World Wrestling Federation, Inc (WWF) in 1998. The corporation formally rebranded as World Wrestling Entertainment, Inc. (WWE) in 2002.

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WWE Net Worth 2023

WWE’s market value was $6.87 billion in 2022. Despite a few snags in viewership, WWE has been doing quite well in terms of money. In 2022, the firm earned an astounding US$1.2915 billion, the most in WWE history. The strong increase in revenue was aided greatly by significant increases in media and operating income, which totalled almost USD 259 million.

WWE has also recently struck a new broadcast agreement with the USA Network and FOX Sports, which will begin airing SmackDown Live on October 1, 2019. This agreement will also enhance WWE’s average annual value by 3.6 times more than the prior agreement with NBCU.

With the WWE’s net worth reportedly approaching $7 billion, the pay of WWE superstars remains an intriguing topic. Brock Lesnar is the highest-paid WWE performer right now, followed by John Cena and Roman Reigns.

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Ronda Rousey, former UFC fighter and Raw Women’s Champion leads the pack of female WWE wrestlers, followed by Charlotte Flair and Nikki Bella.

Changes in WWE Stock During the Last Decade

Vince McMahon loses his billionaire status in 2014

WWE Chairman Vince McMahon lost a total of $350 million in 2014, as WWE shares fell in value. The stock dropped more than 40%, knocking Vince McMahon out of the billionaire ranks and reducing his net worth to an estimated $750 million.

Vince McMahon becomes a billionaire once more in 2016

Vince McMahon re-entered the billionaire ranks in 2016 after adding more than $100 million to his fortune in just seven weeks. WWE stock has risen by up to 18% since the second week of February. Vince McMahon’s fortune climbed to $1.1 billion as a result of his 52% interest in WWE.

Vince McMahon back on Forbes 400

Vince McMahon is back on the Forbes 400 in 2018

Vince McMahon headed the group of returnees on the Forbes 400 list of the wealthiest Americans in 2018. After a $1.6 billion boost in his net worth, WWE Chairman Vince McMahon made the list for the first time since 2002.

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