Vince McMahon announces his retirement from WWE, his networth explored 

Vince Mcmahon

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On the 22nd of july, in a surprise move, Vince McMahon shocked everyone with his announcement of retirement from the helm of affairs of the WWE, his years at the lead position has led to the expansion of the company in influence, not to mention the own pockets of Vince McMahon, now that he is finally leaving his seat it would be a very apt opportunity to take a dive into his assets and determine his net worth.

The 77 year old Vince McMahon  had been for many years at the helm of affairs of the WWE as its CEO and chairman and because of his years of knowledge, experience, business acumen, the WWE has grown in influence and has rapidly expanded over the world, now Vince is all set to retire.

Net worth of Vince McMahon revealed

If the reports from the celebrity net worth are to believed, then Vince McMahon is the owner of total assets that are worth roughly around 1.8 billion $.

Vince Mcmahon

Credit: Getty Images

Vince McMahon has been a man of multiple talents had has been a part of various careers that have helped in growing his overall wealth, he is described as a promoter, commentator, film producer, and sometimes a wrestler himself as well

His ownership in the stakes of the WWE can be roughly accounted as the major reason for his large and growling wealth, he has a large number of WWE stocks and shares which total around 28.7 million in dollars, Vince McMahon also had 80% of the voting power in the WWE and owns about 37% of the outstanding shares, whenever the prices of the shares and stocks for the WWE go up, Vince makes a sizable profit out of it..

What did Vince McMahon said about his retirement 

Vince McMahon made a statement which was even relayed by the official website of the WWE that now he would stepping down from the position of the CEO and chairman of WWE and will be giving the positions to Nick Khan and Stephanie McMahon.