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Billionaire Tony Khan Celebrates Vince McMahon’s Downfall

Published 07/23/2022, 8:00 AM EDT

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Vince McMahon announced his retirement from WWE ahead of the latest episode of SmackDown. He was the longest-tenured CEO of the company, running WWE for 40 glorious years.

On SmackDown, his daughter Stephanie McMahon made an appearance to pay a tribute to Mr. McMahon. A “Thank You Vince” chant was initiated by The Billion Dollar Princess for Mr.McMahon’s tenure in WWE.

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We saw many fans and wrestling figures sharing their respects for Vince McMahon. However, the owner of WWE’s most prominent rival company AEW, Tony Khan, had something different to say rather than Mr. McMahon or WWE.

Khan shared a tweet in which he highlighted he is the longest CEO in pro wrestling now. 

The AEW owner thanked all the fans who watch their shows, i.e. Wednesday night Dynamite and Friday night Rampage. This was a dig taken at McMahon by Khan amidst the current WWE vs AEW rating war. 

Vince McMahon ran the WWE ship for four decades and made the company the topmost in the business. However, in the case of active CEO, Tony Khan is the longest-tenured AEW CEO for almost four years, as Stephanie McMahon and Nick Khan will be Co-CEOs of WWE.

All eyes will be on WWE now for running the company in the post-Vince era. Tony Khan will definitely try to captivate this period as WWE will now have to rebuild a few things behind the curtains for smooth functioning. Also, fans might see few changes in the product henceforth.

The net worth of Vince McMahon 

Vince McMahon announced his retirement from all the roles of WWE ahead of the latest SmackDown episode. However, he will hold the major part of shares of WWE by holding a total of 51% of the company.

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After 40 Years, WWE Supremo Vince McMahon Provides Devastating News to Fans

According to FORBES, the net worth of Mr.McMahon at his current age of 77 years old is $2.4 billion. On top of that, all the money he has earned has been generated from WWE only. He does not have any other source of income apart from WWE.

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McMahon is a money-oriented person when it comes to the business aspects of WWE. He has always tried to portray things that will generate more money. However, he struggled initially but later minted a lot of money through WWE.

Watch this story:-  Dwayne Johnsons Daughter Simone to The Undertakers Daughter Kaia – Meet Daughters of Top WWE Stars

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Written by:

Tushar Deogharkar

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Tushar Deogharkar is a WWE writer at EssentiallySports. Tushar has done his Master's in Tourism Management and is an ardent fan of pro wrestling. He follows WWE and AEW very closely and wants to learn how the promotions are run.
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Edited by:

Sreeda U M