It is interesting to take a look at rich people and consider how they got their money. Sure, there will be some people who inherited their wealth or won it in the lottery or at the casino, but the vast majority of rich people didn’t just get the money on a silver platter. They worked for it or studied to find out where they could best invest the money they have and turn it into even more. This is the case with Shane McMahon. His family always had a passion for wrestling and he was no exception. It would turn that passion into enormous wealth. He knows how to invest and turn productions into winners. Here’s how you ended up today with an estimated net worth of $ 100 million. If you are wondering how he was able to achieve this, then you will want to keep reading this post.
The bottom line
As an entrepreneur in the United States, Shane McMahon has been able to accumulate $ 100 in net worth. This is your money, not your family. He currently has approximately 2.5 million own shares in the World Wrestling Entertainment company. These are ordinary shares. To be fair, the value of these shares has been as low as $ 40 to the most impressive $ 225 million. That’s pretty good, no matter how you cut it. That might explain where a lot of your money comes from, but to really understand how you’ve achieved so much success, you’ll have to get back to your family and your education.
Shane McMahon was born in Maryland into a family that was already well established in the world of wrestling. Ironically, Shane didn’t start out as a fighter. Instead, he chose to become a referee first. He did that for a while and then decided that you would jump into the ring too. That would be in the late 1990s and it would be quite successful. In a little twist, he would end up fighting his father both on and off the court. The fight on the track would take place at Wrestle Mania 17. It was then that Shane would actually win the South and then proceed to buy WCW without his father being involved. He wrestled for both organizations, WCW and WWE until 2009. It was then that he would retire and become more of an executive.
Shane McMahon the Executive
While Shane made a lot of money as a fighter, that pales in comparison to what he’s amassed as an executive. When he was fighting, he won several championships. Since then, he has been the CEO of China Broadband, Inc. This shows how diversified his career interests are. He has been on the board of International Sport Management, which is a major sports agency. On other occasions, he has been the CEO of You On Demand in addition to currently owning 2% of the organization that is now WWE. Although he has been the CEO of You on Demand since 2016, he still retains his position as vice chairman of the board and as chief executive officer.
His return to wrestling
Stand McMahon would end up returning to the WWE entertainment side. This would be as an on-screen character in 2016. That would also be when he was the Commissioner for Smack Down Live. While fighting, some of the highest grossing pay-per-view fights in history involved Shane McMahon. In 2001, for example, he fought Kurt Angle. This is during the King of the Ring 2001 competition. He has also fought in the same ring as Steve Blackman during Summer Slam 2000. Some of the other great matches he was a part of include Test at Summer Slam 1999 and against Kane during Survivor Series in 2003.
It was in 2016 that Shane McMahon would return to WWE. This would be during WWE Raw after being out for seven years. This would also lead to the fight he had with his father. He wanted control of WWE Raw, so they fought for him during the Hell in a Cell Match. This was at WrestleMania 32. The Undertaker would end up winning the match, so Shane did not take control of the Raw brand. However, he ended up as General Manager of Smack Down Live. That was a role he held until the WWE brand eliminated general managers. These events signify how Shane McMahon has been able to accumulate so much money.
As a businessman in the United States, Shane McMahon has been able to accumulate $ 100 in net worth. This is your money, not your family. He currently has approximately 2.5 million own shares in the World Wrestling Entertainment company. These are ordinary shares. To be fair, the value of these shares has been as low as $ 40 to the most impressive $ 225 million. That’s pretty good, no matter how you cut it. That might explain where a lot of your money comes from, but to really understand how you’ve achieved so much success, you’ll have to get back to your family and your education.
I would continue …