In 1982, Vince McMahon took control from his father of WWE (then WWF).
Vince McMahon served as the CEO of WWE for 40 years and made it the largest professional wrestling company.
In recent turn of events, Vince McMahon has been fully retired as the CEO and Chairman of WWE effective immediately.
Vince's sudden announcement has came amidst the allegation of sexual misconduct against him.
According to Wall Street Journal, Vince McMahon has paid more than $12 Million to four women in past years.
Currently, Vince's daughter Stephanie McMahon act as the interim CEO and Chairman of WWE.
In June 2022, it was found out that Vince has paid a WWE paralegal $3 Million for an alleged affair.
Vince McMahon is married to Linda Edwards since 1966 and they have two children Shane McMahon and Stephanie McMahon.
Despite, the sexual allegations, Vince will still control over the creative content of the company and his 32% shares.
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