Shane McMahon’s net worth has been increasing over the years and the reason for this is not farfetched: the American professional wrestler has been very diligent and hardworking as a businessman. Born on the 15th of January 1970 to Vince and Linda McMahon, Shane Brandon McMahon is vastly known for being a professional wrestler. Nonetheless, he has a lot of clout as a businessman and his accomplishments in this regard have contributed to the total value of his wealth in no small manner. Below is a look at what he’s worth and the major sources of his wealth.
The Net Worth of Shane McMahon in 2020
If Shane is not one of the most successful professional wrestlers around, he is definitely among the richest. He may not be as rich as his father who has been estimated to worth $1.7 billion, but the younger McMahon is wealthier than some of the most popular names in the industry like John Cena, Brock Lesnar, and Roman Reigns. Respectively, these first-rate wrestlers are said to be worth $60, $28, and $12 million. While these figures are massive, they are almost insignificant compared to Shane’s.
Being one of the two kids of his billionaire father, it follows that, other things being equal, the wrestler would someday inherit his father’s wealth. Should this happen, Shane McMahon’s net worth is expected to multiply in great measures. For now, however, it is believed that he could be worth as much as $100 million. How did he get to make that much? Let’s find out together, shall we?
How The Wrestler Made His Money
For someone who has a billionaire as a father, it is not unusual that a lot of people have dismissed his path to riches as one that was facilitated by his father’s wealth. While it is foolish to deny that his father’s affluence was a stepping stone for him, it would be ridiculous if one fails to acknowledge that Shane’s efforts made all the difference. Below are the various sources of his wealth.
1. Income from His Many Wrestling Endeavors
As you will easily find, Shane McMahon hails from a family that has been active in the business of professional wrestling. Being a fourth-generation wrestling promoter, it is known that he started working in WWE when he was only 15. Then, his duties were limited to the warehouse and revolved around filling merchandise orders. He later became a referee, a producer and announcer, and then an on-screen wrestler.
In addition to that, he served as the Executive Vice President of WWE’s Global Media and has been featured in numerous wrestling video games. All of these earned him a lot of money and served as the foundation for Shane to build his wealth.
2. Profits From His Company Ideanomics
It was in 2004 that Shane McMahon and Bruno Wu founded Ideanomics, a fintech company known for the production and distribution of digital assets. As an independent member and Vice Chairman of Ideanomics’ Board of Directors, a big portion of the company’s profits goes to him and has contributed a large sum to Shane McMahon’s net worth.
3. Earnings from Other Establishments
Apart from Ideanomics, Shane has been able to augment his fortune from being a part of other establishments like China Brand Inc. He became the CEO of the company based in Colorado sometime in 2010. He is a part-owner of a Motorcycle Shop based in New York, was one of the members of the Board of Directors for International Sports Management, and a minority owner of WWE as he holds 2 percent of its shares.
See Also: Val Venis Bio And Career – 5 Fascinating Facts About The ‘Porn Star’ Wrestler
4. Paychecks From Movie and TV Appearances
This may not be as significant as the foregoing but it has surely added to Shane McMahon’s net worth. Beyond the wrestler’s roles in a bunch of video games, he has made a few appearances in movies and television shows. In 2019, he appeared as a special agent from the US Army Criminal Investigation Division in NCIS: Los Angeles. While it is his most recent role as an actor, he had made a cameo appearance as an American media mogul in Rollerball (2002) and portrayed himself in a 1999 documentary titled Beyond The Mat.
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