Vincent Kennedy McMahon is a professional wrestling promoter, an American football executive and a businessman.
He is the major owner, chairman, and CEO of WWE As far back as we can remember WWE Vince McMahon’s name has been synonymous with the company, From being the owner of the company and making executive decisions to stepping in the ring and actually wrestling Vince McMahon does it all for WWE.
However, in today’s day and age, many fans have speculated that Vince has not been able to keep up with modern times and suggest that he might not be the best choice to lead the company in the future.
Well according to the latest speculation, those fans might just get what they want as Vince McMahon is supposedly stepping down from power. According to the latest news, Vince McMahon might hand over the companies reigns to his daughter Stephanie McMahon and will give various responsibilities to Triple H, Kevin Dunn, and Paul Heyman.
Evidently Vince McMahon does not want to step down from the position but would need to give away certain responsibilities in order to focus on his other business endeavors.
It is expected that in the future, Vince McMahon might give his staff more powers and would look over the company from a distance.
Vince has already started delegating his duties as earlier this year, he hired Paul Heyman and Eric Bishoff to take charge for Monday Night Raw and Saturday Night Live.
The 73-year-old is not only the CEO of the WWE but is also a part of many business ventures. As of January 8th, 2019, Vince McMahon’s net worth is $2.9B and he is ranked at 691 on Forbes billionaires list for 2019.
Vince McMahon has been the backbone behind WWE for a long time, but as hard as it may be for him and the fans to see him leave, it seems like the right move as there are people who seem better equipped to lead WWE into a brighter future.