Forbes published an article on Thursday looking at “Who Got Rich This Week” on Wallstreet – and WWE CEO Vince McMahon is one of this week’s big winners.
After WWE’s stock recently bottomed out at $8.80, it has bounced back to the mid-9’s – a gain that earned Vince McMahon nearly $17 million (on paper). WWE television’s recent debut in Portugal is seen as a factor in the stock’s stabilization.
As of this week’s trading – the value of Vince McMahon’s WWE stock was valued at approximately $400 million.
Back when the stock was trading at close to double its current level – Vince’s overall wealth was over $1 billion.