What is Dana White’s Net Worth?
| net worth: | $500 million |
|---|---|
| age: | 54 |
| date of birth: | July 28, 1969 |
| gender: | male |
| high: | 1.80 m (5 ft 11 in) |
| country of origin: | USA |
| Source of wealth: | entrepreneur |
| Last updated: | February 9, 2024 |
introduce
Dana White is an American executive and president of UFC with an estimated net worth of $500 million.
He quickly grew the company from a small business to a multi-billion dollar enterprise. Under his leadership, the UFC continued to grow and dominate the MMA world.
early life
Dana White was born on July 28, 1969 in Manchester, Connecticut.
His father died early, and his mother and her family raised him and his sister for most of their lives. The family moved between Boston, Las Vegas, and Maine. He eventually graduated from Hermon High School in Maine in 1987.
Profession
While working as the manager for Tito Ortiz and Chuck Liddell, Dana White met the owner of Semaphore Entertainment Group, the parent company of the UFC.
Owner Bob Meyrowitz wanted to sell, so White asked his childhood friend, Lorenzo Fertitta, co-founder of Station Casinos, if he wanted to buy it.
In January 2001, Fertitta and his brother purchased the UFC for $2 million, and Dana White was named president of the company.
Ultimate Fighting Championship
After White and the Fertitta brothers bought the UFC, White said that the previous owners had stripped away everything in order to escape bankruptcy. At the time, even the UFC website was sold to a company called User Friendly Computers. All they had left was the name and the octagon.
However, under White’s leadership, the company was gradually rebuilt from the ground up, and by 2015, the company’s total revenue had reached $600 million. In a 2011 interview with TMZ Sports, White was asked, “When will we see women in the UFC?” He responded, “Never.”
Eventually, during the 2013 UFC’s first women’s fight between Ronda Rousey and Liz Carmouche, White retracted the statement.
In 2015, White spoke at the Republican National Convention, endorsing Donald Trump as the Republican nominee.
White said Trump helped the UFC a lot in its early days, allowing them to hold their first event at the Trump Taj Mahal. During this time, White also received Orthokine to treat Meniere’s disease, which reduced his vertigo symptoms.
Build a better business
In July 2016, UFC-owned Zuffa was sold to investors for $4 billion, with White owning a 9% stake at the time of the sale. Following the transition, Dana White received new shares in the company and was allowed to retain his position as president.
UFC Announces Dana White’s Contender Series In 2017, White competed weekly on UFC Fight Pass. The show gives competitors a chance to showcase their talents in the hopes that they will one day make it to the UFC. The seventh season will end in October 2023. Contender Series As one of the UFC’s biggest shows, the momentum continues to build.
At the same time, White entered the world of boxing, co-promoting the Floyd Mayweather vs. Conor McGregor fight. Although he once expressed his desire to bring boxing into the UFC, he later changed his mind, calling it a “failing industry.”
In 2019, he signed a seven-year contract to continue as UFC president, and the UFC signed an agreement with ESPN.
Success and setbacks
In 2020, Dana White returned to politics, speaking at a Trump re-election rally in Colorado and donating $1 million to American Priorities Action.
In April of that year, White was embroiled in a sex tape scandal, where a stripper allegedly recorded their time together during a tryst in 2014. After the hype surrounding the scandal died down, White reached an agreement with Rob Gronkowski to try to bring quarterback Tom Brady to the Raiders.
That same year, he was diagnosed with high triglyceride levels and was given ten years to live, which prompted him to start improving his lifestyle. Fortunately, things improved in 2023, when an agreement was reached with Endeavor Group to merge WWE and UFC, with White becoming the CEO of UFC.
Meanwhile, White is also launching a boxing competition, “Power Slap,” which will debut in January 2023, with the second season set to air in November.
Estimated Net Worth
Today, Dana White’s net worth is estimated to be $500 million.
emphasize
Here are some highlights from Dana White’s career:
- Dana buys UFC (1987)
- First live televised UFC fight (1997)
- Served as UFC President (2001)
- UFC breaks pay-per-view industry record with revenue exceeding $222,766,000 (2010)
Favorite quotes from Dana White
“Whatever you’re passionate about, whatever you absolutely love, whatever you’d get up every day and do for free, you should figure out how to make money and give it a try.” – Dana White
“Forget about college, hell. I barely made it through high school.” – Dana White
“He was in Miami, and I said, ‘You know what? I just found out that the UFC is for sale. What do you think?’ He said, ‘That’s interesting.’ A month later, we bought it.” – Dana White
“They’re college educated, good people. There are a lot of misconceptions about the sport and about boxers.” – Dana White
“What would happen if we went out there and promoted them the right way and let people know what kind of athletes they are?” – Dana White
“If I don’t spend time with my family, then I don’t want to do anything. No games, no hobbies, no special interests. This company, these boxers, this job, they’re all my hobbies. This is my life. This is everything to me.” – Dana White
“We’ve been at a tipping point for a while. We’ve finally reached the point where we can no longer be denied. We’ve been the best in boxing and wrestling for the last year and a half. We’re selling out arenas; we’re breaking records everywhere.” – Dana White
“This is so cool. If you had asked me 10 years ago if I would be here 10 years from now, I would have laughed in your face.” – Dana White
“A lot of times, kids go to college and choose a major because they think they’re supposed to do what they’re supposed to do. I tell them that I believe 90% of Americans get up in the morning and drive to a job they hate. If I worked in the hospitality industry, that would probably happen to me, too.” – Dana White
“We didn’t buy it to make billions of dollars. We saw something in this sport and this fighter that we thought was incredible.” – Dana White
Check out our extensive collection of the best Dana White quotes!
Summary
Dana White’s savvy business skills and passion for mixed martial arts have enabled him to grow UFC from near bankruptcy to a multi-billion dollar industry. UFC has become a household name, reaching billions of people around the world. Dana White’s net worth reflects his work and dedication to the company.
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Categories: Net Worth
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