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Shane Mcmahon Net Worth, Biography & Wiki 2017
Shane Brandon McMahon was born 15 January 1970, in Gaithersburg, Maryland USA. He is a former referee, wrestler and executive of World Wrestling Entertainment. Among his greatest achievements as a wrestler are being a one-time Hardcore Champion and a one-time European Champion. Currently, he is the executive officer and chairman of You On Demand Holdings Inc. He was named one of the 50 Most Powerful Men Under 42 by Detail magazine in 2006. All the above mentioned careers have added financially to the overall size of Shane McMahon’s net worth.
How much has Shane McMahon accumulated in his net worth? Reportedly, his wealth stands at $35 million, with his assets including a $3.9 million-valued high rise penthouse in Light Street, New York, and other luxury properties, cars etc.
Shane Mcmahon Net Worth $35 Million
To begin with, Shane was born to very wealthy parents Vince McMahon, the CEO and chairman of WWE, and Linda McMahon a candidate for the US Senate. His sister also is a successful businesswoman, Stephanie McMahon Levesque. As a child from the WWE dynasty, Shane McMahon added huge sums to his net worth working with WWE. Unusually, initially he was the referee known as Shane Stevens (1989–1998), then switching to being a wrestler.
Being an ambitious and uncompromising personality Shane lived in discord with his father so, again unusually, a disagreement because of WrestleMania X-Seven led them to meet each other in the ring, as Shane was eager to purchase WCW himself, which his father also showed an interest in buying. Consequently, the son defeated the father by performing the Leap of Faith. When the father could not answer the ten count, Shane was able to get what he wanted. That fight is known as one of the most scandalous in the ring of WWE.
Because of the family relations and his strong character Shane was nicknamed Simba, Boy Wonder, The Prodigal Son, The Demon Seed, Shane –O Mac on the ring. As well as beating his father, Shane managed to achieve such victories as winning the European Championship and Hardcore Championship. He was named Rookie of the Year by Pro Wrestling Illustrated in 1999, and then Shane served as executive vice president of WWE Global Media and was responsible for publishing and promoting consumer products, digital media, live event bookings and international TV distribution from 2003 to 2010. Thus, Shane McMahon was accumulating his net worth as a wrester and executive of WWE until 2010. However, Shane McMahon was so ambitious that decided to leave the family business and become independent.
Shane became the CEO of China Broadband Inc. in 2010, and he is also a member of the Board of Directors for International Sports Management. Currently, he is the CEO and chairman of You On Demand Holdings Inc. Those positions have also added significant sums to the net worth of Shane McMahon.
Finally, in the personal life of Shane, he has been married to his wife, the film producer and television host Marissa Mazzola, since 1996. The family has three children, and resides in New York City.