Thursday , September 12 2024

CEO of UFC Dana White Salary, Net Worth 2023 : How Much Did Dana White Sell the UFC For?

Dana White is one of the most influential figures in the world of mixed martial arts (MMA). He is the president and CEO of the Ultimate Fighting Championship (UFC), the largest and most successful MMA promotion in the world. Under his leadership, the UFC has grown from a struggling company to a global phenomenon, with millions of fans and lucrative deals with media partners, sponsors, and athletes.

CEO of UFC Dana White Salary

But how did Dana White achieve such success? What is his background, education, and personal life? How much does he earn as the CEO of UFC? And how much did he sell the UFC for in 2016? In this article, we will answer these questions and more, as we explore the life and career of Dana White.

Early Life and Education

Dana Frederick White Jr. was born on July 28, 1969, in Manchester, Connecticut. He is of Irish descent and has a sister named Kelly. He was raised by his mother and her family, as his father left when he was young. He spent his childhood in Ware, Massachusetts, and Las Vegas, Nevada, where he attended Bishop Gorman High School. He met Lorenzo Fertitta, his future business partner and friend, at school.

White was interested in boxing from an early age and started training at 17. He also worked as a bouncer, a bellhop, and an aerobics instructor to make ends meet. He enrolled in Quincy College and UMass Boston, but dropped out of both after one semester each. He moved back to Las Vegas in the early 1990s, after being threatened by mobster Whitey Bulger over a debt. He continued to run boxercise gyms and train jiu-jitsu with John Lewis, along with the Fertitta brothers.

Earning Career

White’s earning career began when he became the manager of MMA fighters Chuck Liddell and Tito Ortiz in the late 1990s. He learned that the UFC, which was owned by Semaphore Entertainment Group (SEG), was on the verge of bankruptcy. He contacted Lorenzo Fertitta, who was an executive at Station Casinos, and convinced him to buy the UFC for $2 million in 2001. Lorenzo also brought in his brother Frank as a partner, and appointed White as the president of the UFC.

White’s role was to oversee the day-to-day operations of the UFC, as well as to scout new talent, negotiate contracts, promote events, and deal with regulators. He also became the face and voice of the UFC, appearing in interviews, press conferences, podcasts, and reality shows. He was known for his outspoken and controversial style, as well as his passion and dedication to MMA.

White’s efforts paid off, as he transformed the UFC from a niche sport into a mainstream phenomenon. He introduced new rules, weight classes, drug testing, and safety measures to make MMA more appealing and legitimate. He also secured lucrative deals with media partners such as Spike TV, Fox Sports, ESPN, and Endeavor (formerly WME-IMG). He expanded the UFC’s reach to new markets such as Canada, Brazil, Australia, China, Japan, and Europe. He also signed some of the biggest stars in MMA history, such as Conor McGregor, Ronda Rousey, Jon Jones, Anderson Silva, Georges St-Pierre, Khabib Nurmagomedov, and Brock Lesnar.

White’s earning career reached its peak in 2016, when he sold the UFC for $4 billion to a consortium led by Endeavor, Silver Lake Partners, KKR, and MSD Capital. It was the largest sale in sports history at that time. White retained a 9% stake in the UFC and remained as its president and CEO. He also received a $360 million payout after taxes from the sale.

Salary and Net Worth

As the president and CEO of the UFC, White earns a salary of $20 million per year, according to Celebrity Net Worth. He also receives a percentage of the UFC’s profits, which vary depending on the performance of each event. He has also earned millions from his stake in the UFC, as well as from other ventures such as boxing promotion, video games, merchandise, and endorsements.

White’s net worth as of 2023 is estimated at $500 million, according to Celebrity Net Worth. He is one of the richest and most powerful people in sports entertainment. He lives in a lavish mansion in Las Vegas, which features a pool, a gym, a movie theater, and a custom-made office. He also owns several luxury cars, such as Ferraris, Lamborghinis, and Bentleys. He is also a philanthropist, who has donated millions to various causes, such as cancer research, education, veterans, and children.

Personal Life

White is married to Anne Stella White, whom he met in eighth grade. They tied the knot in 1996 and have three children: Dana III, Aidan, and Savannah. White is very protective of his family and prefers to keep them out of the spotlight. He rarely posts about them on social media or talks about them in interviews.

White is an atheist and does not believe in any religion. He is also a fan of the Boston Red Sox, the New England Patriots, and the Boston Celtics. He enjoys traveling, watching movies, playing video games, and hanging out with his friends. He is also a fitness enthusiast, who works out regularly and follows a healthy diet.

White has faced some health issues in his life, such as Meniere’s disease, which causes vertigo and hearing loss. He underwent surgery in 2013 to treat the condition, which improved his symptoms. He also contracted COVID-19 in 2020, but recovered quickly and resumed his work.

White has also had some controversies and feuds in his career, such as with fighters, managers, promoters, journalists, regulators, and fans. Some of his notable rivals include Tito Ortiz, Randy Couture, Bob Arum, Oscar De La Hoya, Ariel Helwani, Jon Jones, and Conor McGregor. White has been accused of being arrogant, greedy, dishonest, and abusive by some of his critics. He has also been sued several times for various reasons, such as breach of contract, defamation, and sexual assault.

Conclusion

Dana White is one of the most successful and influential figures in the history of MMA. He is the president and CEO of the UFC, the largest and most popular MMA promotion in the world. He has played a vital role in the growth and development of MMA as a sport and as a business. He has also made a fortune from his career, as well as from selling the UFC for $4 billion in 2016. He is married to Anne Stella White and has three children. He lives a lavish lifestyle in Las Vegas and enjoys various hobbies and interests. He is also a philanthropist who supports various causes.

Dana White is a legend in the world of MMA and sports entertainment. He has achieved remarkable success and fame from his passion and vision. He has also faced many challenges and controversies along the way. He is a polarizing figure who inspires admiration and criticism alike. He is a force to be reckoned with and a person to watch out for.

Most Asked Questions and Answers

  1. How old is Dana White?
  • Dana White is 54 years old as of 2023. He was born on July 28, 1969.
  1. How tall is Dana White?
  • Dana White is 5 feet 10 inches (1.8 meters) tall.
  1. How much does Dana White weigh?
  • Dana White weighs 194 pounds (88 kilograms).
  1. Where does Dana White live?
  • Dana White lives in Las Vegas, Nevada.
  1. Who is Dana White’s wife?
  • Dana White’s wife is Anne Stella White, whom he married in 1996.
  1. How many children does Dana White have?
  • Dana White has three children: Dana III, Aidan, and Savannah.
  1. What is Dana White’s religion?
  • Dana White is an atheist and does not believe in any religion.
  1. What is Dana White’s ethnicity?
  • Dana White is of Irish descent.
  1. What are some of Dana White’s hobbies and interests?
  • Some of Dana White’s hobbies and interests are traveling, watching movies, playing video games, working out, boxing, and supporting his favorite sports teams.
  1. What are some of Dana White’s achievements and awards?
  • Some of Dana White’s achievements and awards are:
    • Leading the UFC to become the largest and most successful MMA promotion in the world
    • Selling the UFC for $4 billion in 2016
    • Being named one of the most influential people in sports by Sports Illustrated
    • Being named one of the most innovative leaders in sports by Forbes
    • Being named one of the most powerful people in sports by The Sporting News
    • Being named Nevada Sportsman of the Year by Nevada Sports Hall of Fame
    • Being inducted into the Southern Nevada Sports Hall of Fame

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