Vince McMahon Drops Off Forbes Billionaires Top 400 List

Vince McMahon isn't a part of Forbes' top 400 billionaires this year.

Forbes released its yearly 400 list and wrote a small piece on the billionaires that did not make this year. The article lists McMahon's net worth at $1.8 billion, which is under the $2.1 billion threshold to make it onto the list. 

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McMahon joins Tyson Foods Chairman John Tyson, Wynn Resorts shareholder Elaine Wynn as other billionaires who did not make it to the list. Shahid Khan, who is AEW President Tony Khan's father, did make it to the Forbes 400 list at No. 66 with a net worth of $7.8 billion. 

Below is what Forbes wrote of McMahon in its article:

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.

Forbes used stock prices from July 24, 2020 to calculate net worths for the list, and for those who dropped off. The article with McMahon can be read at this link. The Forbes 400 list can be seen at this link.

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