Trump’s Pick for Education Secretary, Linda McMahon, co-founded WWE and served as the 25th administrator of the SBA. She has amassed a staggering net worth of $3.2 billion.
Linda McMahon is an American businesswoman and politician who co-founded and led WWE as a CEO for years.
The lady’s career spans decades in the entertainment industry, and she has a strong influence in the political circle, especially with Donald Trump.
Following her political influence and industrial prodigy, Linda’s net worth is in the billions, including the assets of her husband, Vince.
The exact ratio of their assets remains a mystery, but Vince and Linda once held majority stakes in WWE.
However, she later left the position and went on to explore politics. The Billionaire was a former Senate candidate and even served in the president-elect’s cabinet in the first administration.
Former SBA Administrator Linda McMahon Holds No Independent Stakes in WWE After Her 2009 Exit!
Vince McMahon‘s wife, Linda McMahon, is the former administrator of Small Business Administration (SBA).
She is not just a mere business tycoon with billions in her purse, she is one of the shocking candidates picked by President Donald Trump.
According to reports, Linda’s approximate net worth is $3.3 billion, thanks to her successful contribution to WWE which earned a hefty sum.
Likewise, a significant portion of her wealth stems from their stake in TKO Group Holdings, formed by the merger of WWE and UFC.
It is a subsidiary of Endeavor Group Holdings, Inc., a global holding company specializing in sports and entertainment.
Though the McMahon family doesn’t hold and lead WWE, reports suggest Vince still has 5% of all TKO stock.
Insider reports suggest that the Billionaire lady resigned as WWE CEO on September 16, 2009.
Speaking at the Export Lenders Roundtable in DC. @SBAgov helps small businesses get financing to expand into the global marketplace — a great way to boost their sales and expand their customer base. pic.twitter.com/W5tuCsqU6T
— Linda McMahon (@SBALinda) March 27, 2019
She pivoted to politics and even announced her candidacy for U.S. Senator. She even refused outside donations and spent around $50 million of her assets to fund her candidacy.
As of 2024, she is just a minority stakeholder of WWE. However, there is a possibility that neither Linda nor her family hold any major stake values in the merged company.
In addition to politics, she and her husband are big-time real estate prodigies, and they have earned a lot of money through real estate sales.
In 2023, they sold their penthouse in the Park Tower, Stamford’s tallest building in Connecticut, for $1.95 million.
Despite the initial asking price of $4.1 million, the buyers bargained for the 35-story high-rise building at half the asking price.
Multiple sources have discovered about her multimillion-dollar house in Greenwich, Connecticut. The exact value of the property remains with the owner; it could earn them very high.
Linda and Vince McMahon Transformed Regional, Titan Sports, Inc. Into a Multinational Powerhouse During Her Tenure as CEO!
Linda and Vince McMahon, the former owners of WWE before the merger, have a combined net worth of $3.2 billion.
Their income is primarily derived from various business ventures and investments. The couple’s net worth grew as they transformed WWE into a global entertainment powerhouse.
Linda’s solo wealth details remain in the public domain, as she was linked to her husband until she entered politics.
Moreover, she was one of the WWE founders, which solidified her wealth while expanding the company’s reach and profitability.
Besides, Linda McMohan and her husband have invested heavily in public companies and bonds, generating millions in income.
The lady also owns multiple high-value and luxury properties throughout the United States. Her entrance into politics has further hiked her income and exposure.
The WWE co-founder’s retirement and exit from WWE was slightly foolish, but the stakes sales provided them liquified money.
They have invested in numerous growing businesses and even own a football league as of 2024.
In Case You Didn’t Know
- Linda and Vince married on August 26, 1966, when she was 17 and he was 21.
- The lady even helped Donald Trump with $10 million in PAC donations.
- Linda McMohan had a controversial history linked with steroid and drug abuse.
