Home Videos Photos Shop
PerezHilton CocoPerez Johnny Depp Bieber Ariana Grande Kim K. PerezTV

WWE Owner Vince McMahon Loses $350 Million In ONE Day!! Get The Shocking Details HERE!

| Filed under: TV NewsBusiness BlitzWrestlingGIFs

Vince McMahon has officially lost his billionaire status!

Ouch! Looks like Vince McMahon's wallet is taking quite the beat down!!

The super buff WWE owner and CEO recently lost a whopping $350 million, which is about a third of his fortune! And if that's not bad enough, he lost it all in a span of 24 hours!

The major hit comes right after the WWE signed a new TV deal with an online streaming network that has been EXTREMELY underwhelming, only bringing in about 700,000 subscribers so far!

After announcing the disappointingly low number os subscribers, shares in the company dropped by 29% which ended up costing Vince BIG TIME! Stocks have also dropped from from $20.13 to $11.27 since the announcement!

The WWE might not recover any time soon, as they expect the network to lose $45 to $52 million in the next year!

While Vince has officially lost his billionaire status, he's still worth an estimated $750 million! However, he has some SERIOUS work to do to get the WWE back on its feet!

Tags: , , , , , , , , , , , ,

All Of James Corden's Carpool Karaoke Rides RANKED From Best To Worst!
The Bachelorette: Meet The 26 Men Competing For JoJo Fletcher's Heart!
Here's A Little Motivation For Your Case Of The Mondays!
The Most BRILLIANT Game Of Thrones Fan Theories!
Prince's Most Iconic Music Videos
7 Times The Kardashians Were Fired From TV!

One comment to “WWE Owner Vince McMahon Loses $350 Million In ONE Day!! Get The Shocking Details HERE!”

  1. RUTH DODGE says – reply to this


    1

    GET RID OF YOUR IDIOT DAUGHTER AND HUSBAND AND RUN YOUR OWN BUSSINESS