Linda McMahon Net Worth
| Net Worth | Salary | Birthdate | Birthplace | Gender | Height | Profession | Nationality |
|---|---|---|---|---|---|---|---|
| $3.2 billion (combined with husband Vince McMahon) | n/a | October 4, 1948 | New Bern, North Carolina | Female | n/a | Businesswoman, Politician | American |
Table of Contents
- What is Linda McMahon’s Net Worth?
- Highlights
- Early Life
- Career
- Personal Life
- Net Worth Over Time
- Components of Net Worth
What is Linda McMahon’s Net Worth?
Linda McMahon is an American businesswoman and politician who, along with her husband Vince McMahon, has a combined net worth of $3.2 billion. Linda and Vince McMahon own 28.84 million shares of TKO, a new holding company formed after the merger of WWE and the UFC. This stake was worth around $2.3 billion following the company’s initial public offering in September 2023. Linda’s net worth also includes her achievements as a businesswoman and politician, as well as her contributions to the growth of WWE.
Highlights
– Linda McMahon’s net worth is $3.2 billion, combined with her husband Vince McMahon.
– She played a crucial role in the development of WWE, which grew from a small business to a multinational corporation.
– Linda ran for the U.S. Senate twice as a Republican but was unsuccessful.
– She served as the Administrator of the Small Business Administration under President Donald Trump.
– McMahon later became the Chairwoman of America First Action, a Super PAC supporting Trump.
Early Life
Linda Marie Edwards was born on October 4, 1948, in New Bern, North Carolina. Growing up as an only child, Linda developed a passion for sports while her parents worked at a Marine Corps base. She converted to Roman Catholicism despite being raised in a Baptist household. Linda met Vince McMahon when she was 13 and he was 16. They started dating in high school and got married when Linda was 17. She attended East Carolina University and earned a bachelor’s degree in French.
Career
Linda McMahon began her career working at a corporate law firm but soon became involved in her husband’s business ventures. Vince McMahon founded Titan Sports, Inc., which later became WWE, and Linda played an integral role in its growth. She served as the president and CEO of the company from 1980 to 2009. Under Linda’s leadership, WWE expanded exponentially and established lucrative product merchandising deals.
In 2009, McMahon ventured into politics and ran for the U.S. Senate as a Republican candidate from Connecticut. She self-funded two unsuccessful campaigns, spending $100 million on campaign expenses. McMahon subsequently served as the Administrator of the Small Business Administration under President Donald Trump. In 2019, she stepped down from her position to work on Trump’s re-election campaign. McMahon was later appointed Chairwoman of America First Action, a Super PAC supporting Trump and his supporters.
Personal Life
Linda McMahon married Vince McMahon on August 26, 1966. They have two children, Shane McMahon and Stephanie McMahon, who are also involved in the family business. The couple resides in Greenwich, Connecticut, where they own a mansion worth $40 million. They also own a penthouse in Manhattan and a sports yacht named “Sexy Bitch.”
Net Worth Over Time
Over the years, Linda McMahon’s net worth has grown significantly due to her involvement in WWE, her political career, and various investments. In 2017, it was reported that Linda and Vince McMahon had disclosed “billions” in assets. Their joint financial disclosure filing revealed ownership of various assets, including real estate, WWE stock, hedge fund investments, and more.
Components of Net Worth
Linda McMahon’s net worth primarily consists of her ownership stake in TKO, which is valued at around $2.3 billion. Additionally, her net worth includes other assets such as real estate properties, WWE stock, and cash held in different bank accounts. Linda has made significant contributions to WWE’s success and has also benefited from her political career and personal investments.
In conclusion, Linda McMahon’s net worth of $3.2 billion is a result of her involvement in WWE, her successful political career, and various investments. She has played a significant role in the growth of WWE and continues to be actively engaged in political activities. Linda McMahon’s contributions to the business and political world have helped shape her impressive net worth over time.
(Note: All net worth figures are estimated based on publicly available information and may vary. The table provided includes essential details about Linda McMahon’s net worth, but some details such as height and salary are not available.)
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