Vince McMahon's net worth shoots up by $177 million despite raging coronavirus pandemic

WWE has seen several setbacks due to coronavirus pandemic. company was forced to host shows without a live audience after a nation-wide lockdown was imposed back in March. While WWE has started allowing a limited number of fans in arena, situation is still far from ideal for company. Add to this fact that  company was forced to release more than 30 wrestlers and backst personnel in order to cut costs amid pandemic, and WWE stood on cusp of trouble as pandemic rd all around world. 

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Vince McMahon net worth shoots up despite pandemic

Despite  wrestling promotion riding waves of uncertainty, it has had little to effect on WWE chairman Vince McMahon’s fortune. Per latest reports, Vince McMahon’s fortune shot up by $177 million over course of past three months. analysis, which was done by political advocacy groups Americans For Tax Fairness, Health Care for America w and Connecticut Citizen Action Group, states McMahon is among just eight businessmen out of Connecticut whose net worth has increased in se three months. report estimates  Vince McMahon net worth figure to be around $1.977 billion in June 2020. Back in March,  Vince McMahon net worth figure was estimated to be $1.8 billion. This means WWE chairman has seen a 9.8% rise in his net worth, despite pandemic. 

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Apart from hosting ir weekly episodes and two pay-per-views - WrestleMania 36 and Money in Bank 2020 - from empty Performance Center, Vince McMahon was dealt a major blow earlier this year as his second attempt to launch XFL ended up in bankruptcy. major source of McMahon's income during lockdown has been numerous TV deals that WWE has for its weekly programmes. As mentioned, company continued with its production of weekly episodes of RAW, SmackDown and NXT, albeit without a live audience. In recent weeks, company started allowing a limited number of fans to arena, although bulk of crowd seen during episodes were developmental talents. 

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WWE coronavirus scare: WWE RAW, WWE SmackDown to be halted?

Meanwhile, WWE coronavirus scare is turning into a fear of a full-blown outbreak for company as multiple WWE employees have tested positive for virus, per reports. WWE presenter Renee Young, Kayla Braxton and WWE producer Adam Pearce have already confirmed y have contracted virus. company initially halted production to test all employees for virus. "WWE will continue COVID-19 testing of its talent, production crew and employees in advance of TV productions for foreseeable future," company stated regarding  positive COVID-19 cases in company. 

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DISCLAIMER:  Vince McMahon net worth information is sourced from various websites and media reports. This website does t guarantee a 100% accuracy of figures.

(Im Credits: WWE Official Website)