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Thursday, May 29, 2014

WWE Boss Vince McMahon Has Lost $750 Million In Two Months

Since our feature story on the WWE’s Vince McMahon came out he has lost more than $750 million, including a pile-driving $350 million in one day as shares in his WWE took a beating in the wake of a TV deal WWE had signed with NBCUniversal. That brutal day in May knocked McMahon out of the billionaire ranks. WWE’s shares were up 89% in the first three months of 2014, and McMahon’s net worth peaked in mid-March at $1.6 billion.

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