WWE Chairman and CEO Vince McMahon has dropped off Forbes Billionaires Top 400 list.
Forbes recently released their list of the Top 400 billionaires for 2020. To make the list, the person needed to meet the threshold of a net worth of at least $2.1 billion. McMahon’s net worth came in at $1.8 billion.
The magazine did an article about the 25 billionaires that fell off the list, including a blurb about McMahon:
The pandemic struck a blow to the live wrestling events put on by World Wrestling Entertainment, where McMahon is chief executive and chairman. Ticket and merchandise sales took a hit and shares fell 31% from early January through late July. McMahon also lost some $200 million on the XFL, his NFL competitor. It was forced to cancel its season in March and filed for bankruptcy shortly thereafter. A group including Dwayne “The Rock” Johnson agreed to buy the league in August for a reported $15 million.
It should be noted that Shahid Khan, the father of AEW President Tony Khan, came in at No. 66 on the Top Billionaires list with a net worth of $7.8 billion.
WWE reschedules European Tour set for the fall of 2020
Due to the COVID-19 pandemic, WWE has again rescheduled their tour in Europe.
The tour was originally scheduled for May 2019 and rescheduled for the fall has been rescheduled to May 2021. Here are the locations and dates of the new schedule:
— April 28th – Cardiff (Motorpoint Arena)
— April 29th – Sheffield (FlyDSA Arena)
— April 30th – Newcastle (Utilita Arena)
— May 1st – Glasgow (SSE Hydro)
— May 2nd – Birmingham (Utilita Arena)
— May 3rd – WWE Raw in London (The O2)
It should be noted that the tour set for October 2020 was to have the SmackDown brand featured, but the spring 2021 tour will have the Raw brand featured instead.
As the effects of the pandemic seem far from over, we will update this if more becomes available.