SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)...
WWE CEO Vince McMahon arrived at AT&T Stadium in Texas on Sunday worth more than $1.0 billion, according to Forbes.
Whether he leaves the State of Texas as a billionaire remains to be seen depending on how investors react to WWE’s post-WM conference call and Network subscriber count on Monday.
Forbes reports that McMahon’s value has increased to $1.1 billion after initially being left off Forbes’s annual “Billionaires List” when it was compiled in February.
WWE’s stock price has steadily increased since February and the company is current valued at $1.31 billion as of the stock market close on Friday, April 1.
If investors do not like what they see or hear on Monday, McMahon might find himself on the other side of the billionaire mark once again. Or, if they like what they hear, McMahon might finally stay a billionaire for a period of time instead of routinely crossing back and forth the $1.0 billion mark as the stock price rises and falls.
Leave a Reply
You must be logged in to post a comment.