WWE majority owner Vince McMahon has fallen out of the Forbes 400 richest Americans list for 2020 after making the cut for 2019.
Forbes listed McMahon’s net worth at $1.8 billion, which was below the $2.1 billion he would have needed to make it onto the list.
Here’s what Forbes wrote about Vince McMahon not making the cut:
The pandemic struck a blow to the live wrestling events put on by World Wrestling Entertainment, where McMahon is chief executive and chairman. Ticket and merchandise sales took a hit and shares fell 31% from early January through late July. McMahon also lost some $200 million on the XFL, his NFL competitor. It was forced to cancel its season in March and filed for bankruptcy shortly thereafter. A group including Dwayne “The Rock” Johnson agreed to buy the league in August for a reported $15 million.
AEW owner Shahid Khan – father of the promotion’s president and CEO Tony Khan – did make the list with a net worth of $7.8 billion.
Amazon founder Jeff Bezos came in at the top of the Forbes 400 with a net worth of $179 billion, which is a bit mental isn’t it really.
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