Resilience and perseverance in the journey of Vince McMahon. A timeline of obstacles and growth.
Vince McMahon is an American businessman and former professional wrestling promoter, best known as the driving force behind the global success of WWE (World Wrestling Entertainment). He and his wife Linda co-founded the modern WWE, transforming it into a media and entertainment empire. Beyond wrestling, McMahon has explored ventures in other sports, including the World Bodybuilding Federation and the XFL football league, showcasing his entrepreneurial spirit and ambition to diversify into various entertainment sectors. He also owns Alpha Entertainment.
In 1964, McMahon graduated from Fishburne Military School in Waynesboro, Virginia, reportedly struggling due to dyslexia.
In 1992, Vince McMahon's World Bodybuilding Federation (WBF) folded.
In 1993, the company entered the New Generation Era, which became one of McMahon's toughest times since taking over due to fluctuating business performance.
In 2001, WCW's demise allowed WWE to shift its strategy away from the intense competition of the Attitude Era, focusing on a more sophisticated and scripted approach, according to Vince McMahon.
On February 1, 2006, McMahon was accused by a worker at a tanning bar in Boca Raton, Florida, of sexual harassment. The worker alleged that McMahon showed her nude photos of himself and also groped and attempted to kiss her. The incident was reported to police on February 1, 2006.
On May 16, 2014, McMahon's net worth dropped to an estimated $750 million after his WWE stock fell $350 million due to a price drop following disappointing business outcomes.
On October 2, 2019, WWE NXT and AEW Dynamite began competing in the Wednesday Night Wars.
On April 13, 2020, the XFL filed for bankruptcy.
On April 7, 2021, AEW Dynamite emerged victorious in the Wednesday Night Wars, leading WWE NXT to move to Tuesday nights.
On July 29, 2021, during a conference call, Vince McMahon stated that he doesn't consider AEW competition and that he was "not so sure what their investments are as far as their talent is concerned".
On September 14, 2021, WWE revamped NXT with major changes, launching "NXT 2.0".
In 2021, McMahon described the competition with Ted Turner and Time Warner's assets as a "rising tides" situation.
In January 2024, Janel Grant filed a lawsuit against Vince McMahon, alleging sexual assault and trafficking. McMahon resigned from TKO following the report.
On February 1, 2024, John Laurinaitis, through his attorney, accused Vince McMahon of sexual misconduct, claiming McMahon had power and control over him.
On February 2, 2024, federal authorities in New York launched an investigation into sexual assault and sex trafficking allegations against McMahon. Federal agents executed a search warrant for McMahon's phone and delivered a subpoena for documents related to allegations of "rape, sex trafficking, sexual assault, commercial sex transaction, harassment or discrimination" against current or former WWE employees.
On January 10, 2025, Vince McMahon was fined over $1.7 million by the Securities and Exchange Commission for undisclosed hush money payments from 2019 to 2022 to two women while he was with WWE.
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