Linda McMahon is a well-known professional wrestling magnate who is also a politician and is serving as the Administrator of the Small Business Administration in the Trump Administration. She was active in the WWE (World Wrestling Entertainment) from 1980 till 2009.
She has served both as the CEO and President of the company. She left WWE and joined the Republican Party and became a full Senate in February 2017. Let’s find out more about how much is Linda McMahon’s net worth in 2019.
Linda Marie McMahon was born as Linda Marie Edwards on October 4, 1948, in New Bern, North Carolina to her parents Henry Edwards and Evelyn Edwards.
She completed her schooling at New Bern High School and used to play baseball and basketball. She has got a BA degree in French from the East Carolina University.
In 1966, Linda McMahon got married to Vince McMahon. She met him since she was 13. The couple has two children named Shane and Stephanie born in 1970 and 1976 respectively.
Linda McMahon is also a philanthropist and has donated to several causes. In 2008, she donated more than $8 million to her husband for providing grants. She has also given $2.5 million in 2006 for a tennis facility construction. She supports the Special Olympics and has launched several campaigns like ‘Get R.E.A.L.’ and “SmackDown! Your Vote”.
In 1969, Linda McMahon got employed as a receptionist in the Covington & Burling’s law firm. In there, she used to translate French documents and learned about intellectual property rights. She later began to create sports event with her husband Vince. In 1980, they founded the Titan Sports, Inc.
She became the “co-chief executive” of Titan Sports. In 1993, she became the President of the company and in 1997 she became the chief executive officer. She joined her husband in WWE and negotiated many business deals of the company.
In 1984, McMahon launched Wrestling Superstars, which helped the company to become popular amongst children. In 2000, she became the negotiator of the company’s TV deal with Viacom. Under her tenure, the company became one of the largest receivers of the tax credit from Connecticut.
Linda McMahon has also done many on-screen roles in the WWE and she made her debut in 1999. In 2009, Jodi Rell appointed her to the State Board of Education. In 2010, she resigned from the board.
In 2010, she unsuccessfully contested for the U.S. Senator from the state of Connecticut. She again faced defeat in the 2012 elections. After Donald Trump was made the president of the USA, she became the administrator of Small Business Administration.
Awards & Achievements
In 2005, the Connecticut Grand Opera and Orchestra conferred Linda McMahon with the Arthur M. Sackler Award. In 2007, she was named in the “Wonder Women” class by Multichannel News. She has also received the “Legacy of Hope” Award and is the winner of the Secretary of Defense Exceptional Public Service Award in 2007. In her honor, the Sacred Heart University built the Linda E. McMahon Commons Building in Fairfield, Connecticut.
Net Worth of Linda McMahon
Linda McMahon has an estimated net worth of more than $1.1 billion. At one point in time, she filed for bankruptcy with her husband and received food stamps. She became financially stronger after getting involved with the WWE. She made a considerable success with her husband in the company. The company grew under her supervision. She has also made several political contributions in her career. She has got personal stocks worth $84 million in the WWE.
Linda McMahon is considered one of the most popular female executives in the world. She donated $6 million to the Presidential campaign of Donald Trump. She has got fans across the world as she was one of the most recognized faces of the WWE during 1999. McMahon has been successful both in personal as well as in professional fields.