Throughout his controversial career, McMahon has faced odds and weathered various scandals while building the world's largest professional wrestling operation.
Endeavor-owned UFC and WWE will merge to create a fighting sports and entertainment powerhouse led by Endeavor CEO Ari Emanuel. Vince McMahon will remain involved as executive chairman.But casting a pall over the merger are ongoing investigations by the Securities and Exchange Commission and the Department of Justice into McMahon’s conduct. Last month,that federal law enforcement agents served McMahon with a grand jury subpoena and a search warrant in July.
In addition, WWE merchandise, everything from T-shirts to action figures and a slew of books and video games, contributed $134.5 million in net revenue.One doesn’t even have to be a casual fan to be familiar with the names Hulk Hogan, Dwayne “The Rock” Johnson, André the Giant, Chyna, “Macho Man” Randy Savage, John Cena and Dave Bautista.
McMahon once described how at 6 years old, his stepfather, Leo Lupton, an electrician, beat him with a pipe wrench.“It’s unfortunate that he died before I could kill him. I would have enjoyed that,” he told Playboy magazine. Spending summers with Vince Sr., McMahon immediately fell in love with wrestling, but his father tried to dissuade him, telling him to get a government job where he could get a pension.
Soon, a New York real estate developer named Donald Trump became a WWE fixture. He and McMahon became friends. Trump hosted WrestleMania extravaganzas at his hotels and made numerous appearances at matches. In 2013, Trump was inducted in the WWE’s Hall of Fame. “Don’t get me wrong — I hate failing,” McMahon once said. “But I’m not afraid to take chances and fall on my ass, because if I live through it, I’ll be better off, and I’ll win.”Those who have worked with McMahon portray him as a fascinating but confounding figure. A tireless workaholic, McMahon, they say, is fearsome, impulsive, a perfectionist and a bully. He can be demoralizing one minute, then a benevolent father figure the next. Most declined to be named out of fear of retaliation.
Their children, Shane and Stephanie McMahon, are both professional wrestlers and have held various positions with the company in the ring and the corporate suites.
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