White continued to expand his horizons into other styles of fighting, including Mixed Martial Arts and Muay Thai, styles that would later come to define the UFC. Edward Norton. Tweet on Twitter. He says he bought it as a reminder of his humble beginnings. My favorite free tool is Personal Capital. And with Dana White as an inspiration, we can all take action, no matter how big or how small, in order to get us closer to our passions and happiness. Dana White’s net worth is $500 million. The show is only available through UFC's digital streaming service, UFC Fight Pass. Copyright © 2014-2020 Wealthy Gorilla Limited. Further, he owns three houses in the Tournament Hills enclave. Early Life: Dana Frederick White Jr. was born on July 28th, 1969 in Manchester, Connecticut. We finally got to the point where we couldn’t be denied anymore. The results are fact checked and confirmed by a team of editors and industry insiders. As President, Dana worked with his now co-owner Lorenzo Fertitta, who sat on the Nevada State Athletic Commission, to get the UFC regulated in the country’s biggest fighting state. He and his business partners purchased the struggling mixed martial arts organization for $2 million in 2001. At that valuation, Dana's 9% stake would have been worth $540 million. He graduated from Hermon High School in Maine in 1987. At the time, the UFC was still a mostly underground sport. Dana White was people smart, even though he admits he barely graduated high school. Soon, White met with his former high school friend Lorenzo Fertitta and offered to buy a deal with UFC after learning that its parent company, Semaphore Entertainment Group, was not doing well. Dana White: House. Dana White: Wife. Barbara Buckley is a writer for Celebinsidr. It was the largest acquisition in sports history. It’s interesting to compare the evolution of the UFC to boxing – UFC isn’t paying too many of its fighters (sorry, the independent contractors it uses in fights…) but still has them under complete monopoly control. White was named Leading Man of the Year at the World MMA Awards every year from 2008–2019. The deal increased the value of the UFC to $7 billion, increasing Dana White’s net worth to half a billion dollars. During Trump's 2020 reelection campaign, White again lent his voice to support the president, speaking at rallies and interviews to share how Trump was one of the UFC's early supporters, allowing one of its first major events to be held at one of his properties. Dana and his sister Kelly were mostly raised by his mother and grandparents. Welcome to our community, and we are so grateful to have you here with us. Magic Johnson is in the pipeline; I’ll have to look into Shaq as well. When UFC sold to William Morris Endeavor (WME) in 2016, Dana owned 9% of the company. In July 2016, it was confirmed that UFC had been sold to talent agency WME-IMG for $4 billion. He is one of the richest owners of an MMA championship club. While growing up, White spent much of his time involved in sports, particularly boxing, and is a lifelong fan of the baseball team the Boston Red Sox. In fact, the burgeoning popularity of cage match fighting may never have materialized without the managerial and administrative capabilities of White. He has a contract signed with ESPN for a huge amount of $1.5 billion that will keep his bank account happy and hefty, and apart from that he also gets 9 percentage cut from all the shows. I enjoyed those early days too, and I actually quit following MMA when the UFC bought Pride. sit near each other in the same Las Vegas neighborhood, making Dana’s large collection of homes even weirder. This company, those fighters, this job, they're my hobby. As for hobbies, White says he really doesn't have any. Dana White net worth is. A lot of people enquire about Dana White’s net worth as is common with celebrities who are multi-millionaires. Conor McGregor's bout with Khabib Nurmagomedov is the first of the 6 fights in his new deal. People smarts are 10 times more valuable than book smarts. The UFC continued its rapid growth and expansion for the next several years. At the time Dana White was a fantastic enemy/scapegoat, but I can’t deny his story as a businessman is incredible. And usually, it’s used as a B.S. He is the son of June and Dana White. This site uses Akismet to reduce spam. Giving up his fighter management responsibilities, White found himself presiding over a barebones operation, which had been basically stripped down to just the UFC name, logo and some fighting infrastructure, including an aging and tattered octagon where fighters were expected to square off in bouts. That's $360 million before taxes for Dana. And where would he be if he didn’t drop everything at a moment’s notice, in order to start over in Las Vegas? Here is how the UFC president made his fortune. (While loving every moment of it. At the time, White worked as a bellman at a luxury hotel. In late December 2000, the UFC’s original owner called Dana. However, the UFC was still not profitable. He spent his youth going back and forth between Las Vegas and Maine. Why? 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. GLAAD called for White and the UFC to apologize for the anti-gay slur, which he subsequently did. White donated $50,000 dollars for a liver transplant in 2010 for Tuptim Jadnooleum, the daughter of one of the instructors for Tiger Muay Thai. Dana White's Salary $20 Million Dana White net worth and salary: Dana White is an American businessman and sports promoter who has a net worth of $500 million. He told Dana they needed to sell. Where would Dana White be if he wasn’t willing to change plans? His story wouldn’t be as exciting as this one, but I’d love to read about Shaq. Dana White is an American businessman and sports promoter who has a net worth of $500 million. I was the dumb kid in school but I’m a great entrepreneur.“. To make a living during this time, he also became an aerobics instructor. If his story is any indication, the wealth will follow. The first season drew surprisingly strong TV ratings, and culminated with a dramatic season finale – a live bout between Stephen Bonnar and Forest Griffin. "No games, no hobbies, no special interests. This week we’ve got a wild ride of a story that somehow makes Kevin O’Leary’s progress towards billions seem boring! Get more information and a free trial subscription toTheStreet's Retirement Dailyto learn more about saving for and living in retirement. 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. Less then a decade later, on July 9, 2016, Dana White and his partners sold the UFC for $4.025 billion dollars. As of 2020, his net worth stands at a total of $500 million. His father left at an early age and his mother and her family raised him and his sister for most of their lives. Here is how the UFC president made his fortune. He belongs to an influential family with huge money reserves, but he made his fortune himself. Eventually, he relocated full-time to Las Vegas and, in 1992, established Dana White Enterprises.
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