The company revealed Wednesday that federal law enforcement agents executed a search warrant last month on World Wrestling Entertainment owner Vince McMahon and issued him a federal grand jury subpoena. Today we will discuss about Vince Mcmahon search warrant: Net worth 2023| Raided.
Vince Mcmahon search warrant: Net worth 2023| Raided
Vince Mcmahon search warrant
These actions add to an ongoing investigation into allegations that McMahon paid millions of dollars to women in the years after they were accused of sexual misconduct. WWE also revealed on Wednesday that McMahon “has gone on medical leave following major spinal surgery.”
WWE also revealed on Wednesday that McMahon “has gone on medical leave following major spinal surgery.”
McMahon’s leave begins on July 21, and he will “remain on medical leave until further notice, but will remain Executive Chairman of WWE”, the company said in its quarterly report to the Securities and Exchange Commission.
When contacted for comment on Wednesday, the company said it believes the subpoenas and search warrants are “a continuation of an investigation that began last summer.” WWE has cooperated in every way and fully understands and respects the government’s requirement for the entire process.”
In a separate statement, McMahon told CNBC: “I have always denied any intentional wrongdoing and will continue to do so. I am confident that the government’s investigation will be settled without finding any wrongdoing.
In April, WWE agreed to merge with rival UFC to form a new publicly traded company controlled by Endeavor Group.
Born |
Vincent Kennedy McMahon
August 24, 1945 Pinehurst, North Carolina, U.S.
|
---|---|
Other names | Vinnie Lupton Vince McMahon Jr. |
Education | East Carolina University (BA) |
Occupation(s) | businessman, media proprietor and professional wrestling executive |
Title | executive chairman of WWE |
Spouse |
Linda McMahon
(m. 1966) |
Children | Shane and Stephanie McMahon |
Relatives | McMahon family |
Net worth 2023
His Net worth around $3.1 billion.
Raided
The net worth of World Wrestling Entertainment as of July 28, 2023 is $7.83B.