The family transitioned between Boston, Las Vegas, and Maine. As of 2020, Dana White’s net worth is roughly $500 million.
It’s actually fun. Dana White, who owned 9% of the company, earned over $360 million dollars in the deal. Early Life. To sum up the amount his cars, choppers and plane costs, it is at least $100 million or more. White quickly acclimated himself to the Vegas lifestyle and before long, he found himself in the fight game, working his way up not as a fighter but as a manager. Although this guy ended up becoming incredibly wealthy, I think the best story line here is that he pursued his passion in spite of so many obstacles in his path. The UFC continued its rapid growth and expansion for the next several years. (While loving every moment of it. I'm the Money Wizard, a 20-something who started this blog after I saved $100,000 by age 25. He … Dan's mission is simply, to inspire others to live their dreams and be the person to whom they say; "Because of you, I never gave up. I really enjoyed the wild west days of the first UFC’s, but what an unstructured mess it was. He also owns a 1969 Ford Bronco and a Ferrarri f430 and we have seen him drive around Ferarri Testarossa as well. My favorite free tool is Personal Capital. Your email address will not be published. It features up-and-coming fighters and gives them the opportunity to showcase their skills so that they may one day make it to the UFC.
By 2015, the sport's popularity had translated into a $600 million behemoth and was sold a year later for $4 billion. In 2016, talent agency WME-IMG acquired a majority stake of the Ultimate Fighting Championship for $4 billion. The Easy 401k Strategy to Kill Your Tax Bill and Retire a Multi-Millionaire.
The Armed Forces Foundation gave White the Patriot Award in 2019. White ultimately wound up managing two up-and-coming fighters, Tito Ortiz and Chuck Liddell who would both ultimately become giants in the MMA industry. With White as President the UFC has dominated the mixed-martial arts world and has fights in 175 countries, and over 100 training facilities. Lorenzo initially agreed to sell the company and eat the roughly $35 million dollar loss. Dana White’s net worth is reflective of the work and dedication he has poured into his company. When UFC sold to William Morris Endeavor (WME) in 2016, Dana owned 9% of the company. Dana White’s net worth is $500 million. And usually, it’s used as a B.S. White and his partners have successfully hung on as demand for mixed martial arts fighting rose among mostly young, male fans who had tired of the traditional boxing industry. In May 2016, it was reported that the Fertitta brothers were in advanced talks to sell the UFC for as much as $6 billion.
Dana White has a net worth of $500 million in 2020. Dana White contacted a few influential friends and relatives to ask if they would be interested in partnering up with him on its purchase, but most of them refused. From what I understand he has become quite the business man. After struggling for a while, Dana White was able to find buyers for the company and got allotted as a president of UFC. 3 of them are based in Las Vegas and have a price worth of $4.5 million, $6.7 million and $8 million attached to them respectively. I track my net worth and spending every month, and I share all the details (even when they're not pretty) here: Check out the legit tool I use to track my net worth and spending for free: Entering the fight business (and a run in with the mob…), Losing Everything, and Starting Over in Vegas, Less then a decade later, on July 9, 2016, Dana White and his partners, In January 2019, Dana and the UFC signed a five-year broadcasting deal with ESPN, In October 2016, he purchased a 7,700 square foot home for $1.8 million, In January 2017, he purchased a 5,500 square foot home for $2.4 million, And in March 2017, he purchased a 4,700 square foot home for $2 million. These cookies will be stored in your browser only with your consent. Conor McGregor's bout with Khabib Nurmagomedov is the first of the 6 fights in his new deal. A smart car he bought for $12,000 after a drunken night out with friends. White often clashed with interesting fighters in the UFC. Then, after the UFC’s sale for $4 billion in 2016, Dana went on a house-buying spree: All four houses sit near each other in the same Las Vegas neighborhood, making Dana’s large collection of homes even weirder. Businessperson, Promoter, Television producer. Peter put him on every job from boxing corner man, to referee, and even to fight manager. This company, those fighters, this job, they’re my hobby. He made good money and described it as a good job, but he noticed most of coworkers viewed the job as a career. Personal Life: White has been married to his wife Anne since 1996. It's an intriguing story, one that melds the entrepreneurial spirit of the 49-year-old White with an idea whose time had come -- bruising bouts of fighting between some of the toughest athletes on earth, which has translated into a multi-billion industry.
“Every one of us is a fighter… You’ve gotta get up and fight through that bull$#t, everyday. Your email address will not be published. The plane had a weight of around $40 million on his pocket, which is nothing for him compared to the comfort he gets as he travels around a lot.
Further, he owns three houses in the Tournament Hills enclave. These cookies do not store any personal information. Dana White net worth and salary: Dana White is an American businessman and sports promoter who has a net worth of $500 million.
He was engaged in boxing growing up which probably explains his affinity to combat sports. White revealed on March 18, 2019, that he had penned a new seven-year contract with ESPN to remain the UFC president. Dana White’s net worth is $500 million. It's money he earned the hard way. While he was there, he opened up a boxing program for at-risk children in the inner city. And you enjoy every day of your life.” – Dana White, “What’s the worst thing that can happen if you try?” – Dana White, “I always knew two things. Dan Western is the founder of Wealthy Gorilla. In the past, it was considered too violent and not suited for general public viewing. He earns. However, the UFC was still not profitable. In May 2016, it was reported that the Fertitta brothers were in advanced talks to sell the UFC for as much as $6 billion.
Accolades: White won the Nevada Sportsman of the Year award in 2009.
Here is how the UFC president made his fortune. I barely finished high school.” – Dana White, “He was down in Miami, and I said, ‘You know what? Life is too short to ignore your passion. Meaning: The Battle for the Future of Capitalism – and America, He bagged $360 million from the UFC sale in 2016, White and UFC staged a live event despite the COVID-19 pandemic.
In January 2019, Dana and the UFC signed a five-year broadcasting deal with ESPN for $1.5 billion. Got questions about money, retirement and/or investments? (Without purchasing a pricey pay-per-view event.). Become a Money Wizard! White prefers to keep his family life private. The only thing he had to his name, other than the airplane suitcase he brought with him, was the knowledge of the fight game that he’d learned over the past few years working in boxing. Although the Fertitta brothers were able to keep the lights on using their casino revenue, one day Lorenzo called Dana. We saw something in this sport and in the fighters that we thought was incredible.” – Dana White. I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and links to Amazon.com. That's $360 million before taxes for Dana. They were going to see how far they could take the UFC. US Hits Brazil's J&F With $256 Mln Corruption Fine, The Possibilities AND the Pitfalls of Remote Work, Marketing vs.
His salary is estimated to be at least $20 million per year. He told Dana they needed to sell. Dana White, still just a manager to some of the organization’s fighters, immediately called Frank and Lorenzo Fertitta. The move caused some consternation among the UFC's stable of fighters, some of whom had to give up their own sponsors. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. Required fields are marked *. It’s my everything.” – Dana White, “We’ve been at the tipping point for awhile now. His father left at an early age and his mother and her family raised him and his sister for most of their lives.
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