Vince McMahon announced his retirement on July 22, 2022. He is ready to leave WWE, but his dedication to WWE expansion over the years has increased his personal worth.
For many years, Vince, 77, served as WWE’s Chairman and CEO. He announced his retirement a month after he left.
While many responded quickly to his choice, AEW CEO Tony Khan stood out because he wasn’t afraid to joke about his retirement announcement.
Vince McMahon’s public net worth
According to Celebrity Net Worth, Vince is estimated to be worth $1.8 billion. Over the years, he has balanced several careers and his worth has increased.
He is described by sources as “an American professional wrestling promoter, commentator, film producer, and sporadic wrestler.”
The stocks he owns in WWE make up most of his wealth. He currently owns 28.7 million shares of WWE. This would give him 80% of the voting rights in WWE and approximately 37% of the total outstanding shares. To recap, Vince typically makes significant gains whenever WWE stock rises in value.
What did he say about retirement?
Regarding his retirement, Vince also issued a statement posted on the WWE website. He said after working for the organization for several years, Vince had come to the conclusion that it was time to say goodbye to his position. He thanked his family, colleagues, and former and current “superstars” who have supported the company over the years.
He added that WWE will continue to operate the same way, acknowledging that he trusts co-CEO Nick Khan and chairman Stephanie McMahon.
What did Tony Khan tweet about?
AEW CEO Tony received the news via Twitter and did not speak. He wrote: “Thanks to wrestling fans and the tremendous support for AEW that I am now the longest-serving CEO in professional wrestling. A heartfelt thank you to everyone who is watching AEW. See you this Friday at TNT’s AEW Rampage!
Thanks to all the wrestling fans for their support and support @AEWNow, thank you to the longest-running CEO of professional wrestling.
Thank you very much to everyone who is watching @Aewon TV!
— Tony Khan (@TonyKhan) 22 July 2022
His humorous tweets have undoubtedly been talked about by many and caught everyone’s attention.