Lately, it’s been pretty difficult to ignore the fact that Vince McMahon is a very, very rich man. According to Celebrity Net Worth, the WWE head honcho is worth a very impressive $1.6BN, and as Business Insider reminds us, his billionaire influence has been bleeding well beyond the land of sports entertainment as of late. In fact, on April 14, 2020, President Donald Trump named him as a member of his Great American Economic Revival Industry Groups, placing McMahon alongside the likes of Elon Musk, Mark Cuban, and Apple’s Tim Cook. That’s the kind of success territorial wrestling promoters of old wouldn’t have dared to dream of. 

Of course, it’s not like McMahon has been at it on his own. He met his wife, Linda McMahon, at a church when she was 13 and he was 16, and they’ve been together ever since. Linda is a businesswoman and republican politician who Celebrity Net Worth estimates at a respectable $500 million on her own right. However, despite the power couple’s vast wealth, they haven’t always been rolling in money. In fact, they once lost it all, to the point of bankruptcy. Let’s take a look at the real reason Vince and Linda McMahon went bankrupt.

A lesson in sticking to what you know

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