DISGRACED former WWE chief Vince McMahon has fallen off the Forbes 400 listing of billionaires.
McMahon remains to be price £1.98bn however didn’t make the listing of the richest US residents after resigning from WWE in January 2024.
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McMahon dropped out of the Forbes 400 for 2024 after rating No366 final 12 months.
Severe allegations of sexual assault and trafficking, which he denies, have broken his fame.
He initially stepped down as CEO and chairman of WWE in June 2022 and was changed by his daughter Stephanie.
However the 79-year-old returned simply six months later.
Nevertheless, in January he resigned from WWE and UFC father or mother firm TKO Group Holdings for good after he was hit with disturbing allegations.
A brand new bombshell federal lawsuit was filed in opposition to him which refers to an worker’s time at WWE from 2019 to 2022.
He was ordered at hand over paperwork relating to allegations of “rape, intercourse trafficking, sexual assault, business intercourse transaction, harassment or discrimination in opposition to previous or current WWE staff”.
McMahon offered his remaining WWE shares in April for £588m to formally finish his ties to the world famend wrestling organisation.
The highest 10 of the Forbes 400
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And a brand new Netflix documentary, titled Mr McMahon, has completed a deep-dive on his rise to energy and subsequent fall.
McMahon had supplied a take a look at his life and profession and needed to handle the allegations made in opposition to him by a former wrestler in 2022.
However the controversial ex-CEO dropped out of the ultimate levels of filming this 12 months.
He not too long ago broke his silence to assert that the collection was “distorted” and lined him unfairly.
McMahon additionally accused the streaming large of utilizing “typical modifying methods” to “help a misleading narrative”.
He ended the 170-word assertion by insisting there are “two sides to each story.”
The third-generation promoter bought WWE from his dad Vince Sr in 1982.
The wrestling firm is now owned and operated by TKO Group Holdings.
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