Vince McMahon’s Net Worth Has Increased 10% During The COVID-19 Pandemic

Vince McMahon's Net Worth Has Increased 10% During The COVID-19 Pandemic

Eight of Connecticut’s 14 billionaires have seen their wealth increase amid the COVID-19 pandemic as 400,000 people in the state lost jobs.

Included in that list is WWE CEO Vince McMahon, whose net worth has increased nearly 10% since March.

McMahon’s net worth was $1.8 billion this past March as the pandemic started to spread in the U.S. By June, his net worth was $1.977 billion, an increase of $177 million (9.8%).

Last year, McMahon saw his net worth grow from $1.5 billion in 2018 to $3.2 billion in 2019, so his net worth is still down $1.2 billion from last year.

McMahon’s base salary was reportedly $1.4 million in 2020. That number does not include stock awards, non-equity incentive plan compensation and other compensation.

For the year, WWE stock dropped as low as $29.10 in March after reaching $100.45 last year. WWE had mass layoffs and talent cuts in April, which was reportedly planned during WrestleMania 36 season. The stock has since somewhat recovered, and closed at $43.62 on Thursday.

PLEASE SHARE THIS ARTICLE:


(adsbygoogle = window.adsbygoogle || []).push({});


LATEST NEWS var numposts = 7;var showpostthumbnails = true;var displaymore = false;var displayseparator = true;var showcommentnum = false;var showpostdate = false;var showpostsummary = true;var numchars = 100;


/ 5
Thanks for voting!


Since 2001, WrestlingAttitude is your number one source for WWE wrestling news, rumors and results. Make sure to follow us on social media to get the latest news in real time! We are facebook, Twitter, Pinterest and Instagram at the following links:

WA on Facebook - https://www.facebook.com/wrestlingattitude/
WA on Facebook (Women's Wrestling) - https://www.facebook.com/WrestlingDivas/
WA on Twitter - https://twitter.com/wa_wrestling
WA on Instagram (Women's Wrestling) - https://www.instagram.com/wa_wrestlingattitude/
WA on Pinterest - http://www.pinterest.com/realbadrose/wrestling/


Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.