4 Things You Didn't Know About Vince McMahon

Press Conference To Announce A Major International Event At MetLife Stadium
Press Conference To Announce A Major International Event At MetLife Stadium

#3. Vince McMahon Recently Lost Out On A Fortune

WWE Monday Night Raw In Las Vegas
WWE Monday Night Raw In Las Vegas

Vince McMahon's re-emergence in the world of professional football has been well publicized. While the XFL was once an abysmal one season failure, McMahon simply could not let the league die. Now nearly two decades later the WWE CEO has revived the once failed football league.

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When frivolously rolling the dice, be sure to come prepared with plenty of money and that's exactly what McMahon chose to do. McMahon cashed out more than 3 million WWE shares back in December 2017. The shares, in turn, raised more than $95 million for the XFL's rejuvenation.

While those shares were sold at $28.68 back in December 2017, they are now worth nearly triple what they once were. As of press time, WWE stock is selling at $75.03. Had McMahon simply waited several months, he would have raised more than $235 million which dwarfs the $95 million he raised in December 2017.

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Edited by Shiven Sachdeva
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