Message-ID: 

On Tue,  2 Mar 2004 14:30:15 CST, in rec.sport.pro-wrestling.moderated
"muffinman"  wrote:

>> 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.  

It's actually in the hundreds of millions on paper.

WWE stock is "worth" ($13.20 at the end of trading today).

He probably has more now, but in 2003, it was reported that Vince
owned 54,213,536 WWE shares (79.3% of all WWE stock).  It could be
higher or lower now, but I'll use that number.

That puts Vince's personal assets over $715 million right there...  on
paper.

To put that in perspective, WWE is paying a dividend of $0.04 (four
cents) to stockholders this quarter.  Vince's dividends (based on the
amount of stock above) is over $2.1 million dollars.

And those don't include his base salary or PPV bonuses.  It also
doesn't include any WWE assets.

Bill
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