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WWE news: Vince McMahon talks about a non-McMahon running the WWE

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Vince McMahon has led the WWE from a regional promotion to the biggest professional wrestling company in the world. He is a third generation McMahon running the company, but in an interview with Forbes on March 26, McMahon was asked about someone not from the McMahon family running the WWE.

With McMahon's daughter Stephanie McMahon and her husband Triple H prepared to take over leadership of the company if Vince steps down, it is clear why McMahon was coy about the answer. He said that he would like to see the WWE move on to another McMahon, but has concerns.

“I just think as times go on, things will evaporate," McMahon said. "Eventually Uncle Sam sees the benefit. You can’t do anything without Uncle Sam taking a huge bite of it.”

This makes sense coming from McMahon, who has a distrust of rich people in general, despite the fact that he is worth over $1 billion. However, unlike many rich people, McMahon had to earn his wealth through hard work. He purchased the company from his father and a group of fellow investors, but it had a stipulation.

McMahon and his wife Linda had to make balloon payments on the company, and if they missed one, they would lose the company back to his dad, plus lose all the money they already paid him. McMahon aggressively went after regional promotions and either bought them or put them out of business.

When he put all his money into the first Wrestlemania, it was a gamble on his future. If it failed, he wold lose everything. It was a success and by 1999, the WWE was a publicly traded company. Whether or not it remains in the McMahon family after Vince McMahon's death remains up in the air.


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