Forbes has reported that the WWE Chairman and CEO Vince McMahon is officially no longer a billionaire after WWE stock went down 40% since the market open after WWEs new television deal with NBC Universal started to make headlines, more specifically for less than some WWE investors had initially hoped. On One day recently WWE stock opened below $11.00 , even though it closed just below $20.00 a few days earlier. This resulted in a $350,000,000 loss for McMahon, whose net worth has now been put at an estimated $750,000,000. - Chris Neville.
Posted on: Mon, 19 May 2014 09:27:14 +0000
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