How Rich is Vince McMahon?
As a requirement for running for the Senate, Linda McMahon filed a financial disclosure form. The Connecticut Post dug through the 108 page filing and determined that Vince and Linda McMahon have assets totaling anywhere from $103.7 million to $355.13 million. In addition to that, Vince McMahon also holds 4 assets that were recorded as being worth "more than $1 million".
The huge range in numbers is due to some loopholes in the form that allow certain details of the candidates holdings to be lumped into categories while also limiting what must be reported about the spouse of the candidate. As an example of that loophole, Vince McMahon's salary was listed as being "over $1,000".
For those interested in what companies the family invests their money in, stocks in their portfolio include: Apple, Glaxo Smith Kline, Goldman Sachs, Google, JP Morgan Chase, Novartis, Rio Tinto, Smithfield Foods, Tesoro Petroleum, and Tyson Foods.
In 2000, Vince McMahon made the Forbes Richest 400 in America list and they valued his assets at the time as being worth $1.1 billion. In 2000, the stock of WWE hit an all-time high of $22 and it currently trades for around $16. However, that $6 change in stock price is offset by dividends of approximately the same amount.
Even with the XFL debacle, I still find it very difficult to believe that Vince McMahon has lost over $700 million this decade. That leads me to conclude it is possible that at least one of these things account for the reported drastic plummet in his wealth:
- a - the loopholes in the form are much bigger that the Connecticut Post calculated for
- b - Forbes overestimated Vince's net worth in 2000
- c - those 4 miscellaneous assets Vince owns as only being categorized as being worth "more than $1 million" are worth significantly more than $1 million.
Photo of Vince McMahon at the press conference for McMahon's Million Dollar Mania: Will Ragozzino/Getty Images
WWE Survivor Series 2009 Predictions
The Survivor Series takes place on Sunday night and that means it is prediction time. As is always the case, you can let me and other readers of this site know what you think will be happening at the second longest running PPV in WWE history by clicking on the comments link at the bottom of this post.
Survivor Series Elimination Match: John Morrison, Matt Hardy, Evan Bourne, Shelton Benjamin, & Finlay vs. The Miz, Drew McIntyre, Sheamus, Dolph Ziggler, & Jack Swagger - Since the Miz got the victory over John Morison last month, I can see Morrison getting some payback here with his team winning. I think Morrison's team will be helped by Sheamus getting disqualified for continuing his overboard assaults and I think that Evan Bourne will be the victim of Sheamus' viciousness. As far as the Miz goes, I see him getting eliminated after a double team move with Jack Swagger goes horribly wrong. A feud between the Miz and Swagger has been teased for weeks and I think something happens here that will cause the feud to get physical. Predicted Winners: Team Morrison
Read more...Wordless Wednesday
Hulk Hogan and Ric Flair arrived in Australia yesterday for their series of matches taking place next week. At a press conference later that day, Flair bloodied Hogan (video of the attack). For more information about Hulkamania: Let the Battle Begin, check out the official website of the tour.
Photo: Brendon Thorne/Getty Images
Hulk Hogan DVD Review
WWE Home Video has just released Hulk Hogan's Unreleased Collector's Series on DVD. A funny thing happened between the making of this DVD set and the release of it. Hulk signed with TNA Wrestling. With the release of this DVD, the WWE finds themselves indirectly helping to promote their rival.
However, just to show you how good of a businessman Vince McMahon is compared to the people in charge of TNA, Vince McMahon finds himself making money on the recent buzz about Hogan signing with the competition and the promotion of his book. TNA on the other hand has zero Hulk Hogan merchandise available for sale. Seriously TNA, how hard is it to make a t-shirt and then sell it on your website? While their in-ring product has improved tremendously, poor business decisions like this make me wonder about the future of that company.
As far as this DVD goes, it contains 27 matches that have never been released on DVD before. In addition to telling you whether you should buy this DVD or not, my review will also guide you as to when you should buy this DVD in regards to other Hulk Hogan DVD sets.
Disclosure: A review copy was provided by the publisher. For more information, please see our Ethics Policy.
Photo: © 2009 World Wrestling Entertainment, Inc. All Rights Reserved.
TNA Turning Point 2009 Recap and Results
X Division Championship: Champion Amazing Red vs. Homicide - Amazing Red was accompanied to the ring by Don West. When Red went for a moonsault, he was caught by a diamond cutter. Homicide then put Red on the top turnbuckle and went for a top rope huracanrana but Red blocked it and hit the Code Red to get the win. Winner: Amazing Red
Read more...Review of Survivor Series Anthology Volume 2: 1992-1996
Last week, I reviewed the first volume of the Survivor Series Anthology. After five years of this event, the WWE made several changes to it. On this volume of the set you will notice that there was a change of the play-by-play man in the announcing booth and the focus of the event was shifted away from tag team elimination matches. One of these changes made for a better experience and one was a bad move. To find out which was which, click here to read my review for Survivor Series Anthology: 1992-1996.
Disclosure: A review copy was provided by the publisher. For more information, please see our Ethics Policy.
Photo: © 2009 World Wrestling Entertainment, Inc. All Rights Reserved.
Survivor Series Quiz
The Survivor Series is the second longest running annual WWE PPV event. Take this quiz to see just how much you know about the event. Are you championship material or a Gobbledy Gooker? Read more...The Tragic Anniversary of Eddie Guerrero's Death
Today marks the four year anniversary of the passing of Eddie Guerrero. While he may be gone, he will never be forgotten by his many fans.
Photo of Eddie Guerrero: Peter Kramer/Getty Images
TNA Turning Point 2009 Predictions
On Sunday night, TNA presents Turning Point. As seems to be the case over the past few months, the behind-the scenes action is more intriguing that what is happening onscreen. Now that the fallout from the Jeff Jarrett-Kurt Angle-Karen Angle love triangle has finally ended, the foundation of TNA has been rocked again with the announcement that Hulk Hogan and Eric Bischoff are coming to the company.
My guess is that they will have no involvement with this show at all. Both men should be focused on the upcoming Hulkamania tour they put together that will be invading Australia in a few weeks.
As is always the case, feel free to let me know what you think will be happening on Sunday night by clicking on the comments link below. I just request that you keep the site non-spoiler and don't mention anything that will be happening on TNA:iMPACT! this week until the show airs later tonight. Read more...
Wordless Wednesday
Several weeks ago, Kyle Busch and Joey Logano were co-hosts of Monday Night RAW. During that show, they drove their WWE cars into the arena. On Saturday, they raced those cars in a NASCAR Nationwide Series race at Texas Motor Speedway. Joey didn't finish the race due to an accident. However, Kyle Busch won the race and celebrated his victory with a replica WWE Championship belt.
Photo of Kyle Busch: John Harrelson/Getty Images

