What is shane McMahon Net Worth? Shane McMahon is a leader and co-chairman of the fragmented wrestling sub-WW’s number WWL and WeCast Holdings Inc. He is currently a community member with the WWE as a commissioner on SmackDown.
Shane was one of the first members of the MAC to discuss active wrestling in a democratic generation. He started working in the warehouse at the age of 15 in WWE, where he saw strict instructions on merchandise.
At the same time, Shaw was a referee, producer, announcer and skilled wrestler when he was appointed a vice president, a member of the WWE Global Team
Shane McMahon Net Worth Summary
|Shane Brandon McMahon
|January 15, 1970
|52 as of 2022
|Professional Wrestler, Businessman
|Marissa McMahon (m. 1996)
Shane McMahon was born on January 15, 1970, in Gaithersburg, Maryland, to WWE majority owner and chairman Vince McMahon and his wife Linda McMahon. His younger sister is WWE executive Stephanie
McMahon, and his brother-in-law is WWE executive, and wrestler Paul ‘Triple H’ Levesque. He is the great-grandson of Jess McMahon, and grandson of Vincent J. McMahon, who founded WWE.
Shane was trained under Phil Nurse. In 1988, he graduated from Greenwich High School, and later attended Roger Williams University, where he studied media and marketing. He also attended Boston University, from where he graduated in 1993.
How Old Is shane McMahon?
Shane McMahon is 52 years as of 2022. He was born on January 15, 1970.
How Shane McMahon Started His WWE Career
Shane McMahon started working in WWE when he was 15 years old. He initially worked in the warehouse, filling merchandise orders and mailing merchandise. After his father refused to give him a raise, he left WWE and started looking for a job. He eventually landed a construction job starting at $400 a week, triple what he used to earn at the WWE warehouse.
After he returned to WWE a few years later, he became serious about the family business. He accompanied his father to meetings, sat in production meetings, took notes, and even asked questions afterward. He learned the little details of the business from his father’s top lieutenant, former wrestler Pat Patterson. However, he also considered other career paths like architecture, investment banking, and even pro football.
In WWE, he worked in a number of divisions like television production, sales, marketing, and international business development. In 1989, he became WWF referee at the Survivor Series. He also refereed during the 1991 Royal Rumble match.
In August 1998, he became the inaugural color commentator for Sunday Night Heat, announcing along with Jerry Lawler, Jim Cornette, and Kevin Kelly. He even got to step up and announce at an episode of Monday Night Raw. However, critics believed that he was a mediocre commentator and could not make the commentary interesting.
In 1998, Shane McMahon helped in developing the company’s Digital Media Department, and created WWF.com, which in 2002 became WWE.com, turning the site into a major business platform for WWE.
In 1999, he became a key component in ‘The Corporation,’ winning the European Championship from X-Pac. In the same year, he fought with his father and a new faction called The Union. On one pilot for SmackDown!, he joined The Undertaker and the Ministry of Darkness to form the Corporate Ministry.
Throughout 1980s and 1990s, he dabbled with various roles in WWE with the hope that he would take over the business from his father like his father did from his grandfather.
Unfortunately, it became apparent that his sister Stephanie and her husband Triple H were becoming more powerful, and he realized that the possibility of them become the apparent heirs was greater. Seeing himself out of the competition for a leadership position, he started looking for outside opportunities and also thought of forming his own independent wrestling organization.
In 2001, Shane feuded with his father once again, defeating him at WrestleMania X-Seven. As a businessman, his crowning moment came in March 2001, when he purchased long-time rival WCW, ending the ‘Monday Night War’ that was on throughout the 1990s.
He wanted to buy the slowly dying ECW and run it as a separate entity. Instead, his father bought ECW and let the promotion close down completely before reviving it under the banner of WWE. While Shane wanted to run ECW as an independent entity, his father made ECW a third WWE brand. Shane also tried to convince his father to buy UFC back in the early 2000s, and also Pride, a Japanese mixed martial arts promotion company.
In 2003, he became the Executive Vice President of WWE Global Media, and looked into international TV distribution, live event bookings, digital media, consumer products, and publishing.
He negotiated major WWE TV deals in England, Mexico, South America, and other countries around the globe, and these international agreements helped WWE grow faster.
In November 2007, he cracked a major TV deal to start the WWE television station to air Raw and SmackDown events. In September 2008, he finalized the TV deal, which allowed WWE programing to air on Mexico’s two biggest television networks: Raw on Televisa and SmackDown on TV Azteca.
During his wrestling career, he defeated the Big Show and Olympic gold medalist Kurt Angle, and fought Kevin Owens in a Hell in a Cell match. His other important victories include singles wins over WWE champions Shawn Michaels and Mick Foley.
In October 2009, he resigned from WWE; his resignation became effective from January 1, 2010. In August 2010, he became the CEO of China Broadband Inc., a provider of cable broadband services. He also sits on the Board of Directors for International Sports Management.
In 2010, he also became the CEO of You On Demand, the first VOD and the biggest pay-per-view service in China. YOU On Demand never actually made profits during the years Shane was its CEO. In July 2013, he voluntarily stepped down as CEO of YOU On Demand, and appointed Weikang Liu as his successor. He remained the company’s principal executive officer and chairman of the board.
He returned to WWE in February 2016 and faced The Undertaker at WrestleMania 32 where he was defeated. He partly owns the Indian Larry Motorcycle Shop in Brooklyn, NY. In July 2016, he was appointed as the storyline commissioner of the SmackDown Live.
Awards and achievements
- In 1999, Shane McMahon was ranked No. 245 of the 500 top singles wrestlers in the PWI 500.
- He won the WWF European Championship once and the WWF Hardcore Championship once as a professional wrestler.
- In 2006, Detail magazine listed him as one of ‘50 Most Powerful Men Under 42’.
his personal life
On September 14, 1996, Shane McMahon married Marissa Mazzola, who was his high school sweetheart. They have three sons, Declan James, Kenyon Kenny Jess, and Rogan Henry.
In July 2017, he was involved in a helicopter crash. He was rescued relatively unhurt from the helicopter that made an emergency landing near New York.
Shane McMahon Net Worth
Shane McMahon is an American businessman who has a net worth of $100 million. Although Shane is the son of Vince McMahon, he has established his own unique reputation in the WWE and in the entrepreneurial community. He is a minority owner and producer in the WWE, and he is also the executive vice-chairman of Ideanomics.
FAQs About Shane McMahon Net Worth
what is shane mcMahon position at the wWE now?
McMahon is the executive vice-chairman of Ideanomics at the WWE.
how many children does shane mcMahon has?
Shane McMahon married Marissa Mazzola, who was his high school sweetheart. They have three sons, Declan James, Kenyon Kenny Jess, and Rogan Henry.
how old is shane mcMahon?
As of 2022, McMahon is 52 years, he was born on January 15, 1970
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