5 things you need to know about Vince McMahon's family

#2: Vince McMahon's father did not agree with his vision of professional wrestling

It's no secret that Vince McMahon looked up to his father. The sports entertainment mogul grew up idolizing the senior McMahon, and even joined the business to foster a closer relationship with him.

After acquiring the WWWF, the now 76-year old Vince had a vision of taking the sport into the mainstream and building talent with crossover appeal. McMahon Sr. was not in favour of this philosophy. He opposed Hulk Hogan's appearance in Rocky III, fearing that the influx of other industries would dilute the professional wrestling art form.

Though they shared a love for the business, their business ideals were substantially different.

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#1. Vince McMahon's children may not replace him in WWE

Vince McMahon's children hold management positions in WWE. Stephanie McMahon is the company's Chief Branding Officer while Shane is a minority owner. The Billion Dollar Princess's husband, Paul "Triple H" Levesque, is Chief Operating Officer.

For years, it was widely assumed that the three of them would run the company after the billionaire's retirement. Over the years, speculation about who would take over the roles CEO and Chairman have thrown new names into the mix. WWE President Nick Khan is one such name.

"It's kind of a board of directors thing, but you know, probably (Nick Khan replacing Vince), yeah. Unless they went and hired somebody else from the outside, but probably Nick Khan, yes,". h/t Dave Meltzer via Wrestling Observer Radio.

It is almost certain, however, that the McMahon family will remain majority shareholders and keep on working in the company.