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echo: nhb
to: All
from: muffinman
date: 2004-03-02 14:30:14
subject: Re: Mr. McMahon, Billionaire?

Message-ID: 

> Forbes only lists people that have a substantial percentage of their
> wealth in actual tangeable assetts.
>
> Vince's 1.1 billion was in fact on paper more than anything else. So,
> that's why he wasn't listed. But of course Vince made it clear that
> everyone knew he was a billionaire.
>
> And like someone else mentioned, he lost a good 50% of that within the
> space of one year.


That was my understanding of McMahon's wealth. His "assets" may be worth
over a billion [The talent's contracts, merchandise, gate receipts, archived
footage], but his own personal wealth is in the millions.  When you hear
that the company made $10 million in the quarter, makes you wonder how they
got to the billion dollar mark?




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