How much is Dana White’s net worth?
net worth: | $500 million |
---|---|
age: | 54 |
Birth: | July 28, 1969 |
gender: | Male |
Height: | 1.80 m (5 ft 11 in) |
country of origin: | United States of america |
Sources of funds: | entrepreneur |
Last Updated: | February 9, 2024 |
Introduction
Dana White is an American executive and president of the UFC who has an estimated net worth of $500 million.
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He quickly transformed the company from a small enterprise to a multi-billion dollar enterprise. Under his presidency, the UFC grew and dominated the world of MMA.
early life
Dana White was born on July 28, 1969 in Manchester, Connecticut.
His father left early, and his mother and her family raised him and his sister for most of his life. The family moved between Boston, Las Vegas, and Maine. Eventually, he graduated from Hermann High School in Maine in 1987.
Livelihood
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 Meyerowitz wanted to sell it, 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 older brother acquired the UFC for $2 million and Dana White was made the company’s president.
Ultimate Fighting Championship
After White and the Fertitta brothers took over the UFC, White said the previous owners had stripped out everything to avoid bankruptcy. Even the UFC’s website at the time was sold to a company called “User-Friendly Computers.” All they had was the name and an octagon.
However, under White’s leadership the company slowly rebounded and was generating $600 million in gross revenue by 2015. White was interviewed by TMZ Sports in 2011 and when asked, “When will we see women in the UFC?” he replied, “Never.”
Eventually, White walked back this statement when Ronda Rousey faced Liz Carmouche during the UFC’s first-ever women’s match in 2013.
In 2015, White gave a speech at the Republican National Convention and endorsed Donald Trump as the Republican nominee.
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White said Trump was very helpful in getting the UFC started, allowing him to hold his first event at the Trump Taj Mahal. During this time, White was also undergoing Orthocaine treatment for Meniere’s disease, which reduced his symptoms such as dizziness.
build a better business
In July 2016, Zuffa, of which the UFC is a subsidiary, was sold to investors for $4 billion, with White owning a 9% stake at the time of the sale. Following the change, Dana White was given a new stake in the company and was allowed to retain his position as chairman.
UFC announced Dana White’s Contender Series in 2017, where White would host weekly competitions on UFC Fight Pass. The show gave fighters a chance to showcase their talents, with the hope that they could one day make it to the UFC. With its seventh season concluding in October 2023, Competitive Series It continues to go from strength to strength as one of the UFC’s biggest shows.
At the same time, White entered the boxing world, co-promoting the Floyd Mayweather Jr. vs. Conor McGregor fight. Although he said he wanted to add boxing to the UFC, he later backed down, calling it a “broken business.”
In 2019, he signed a seven-year contract to remain president of the UFC, and the UFC extended its deal with ESPN.
Success and obstacles in the way
Dana White returned to the political arena in 2020, speaking at a Trump reelection rally in Colorado and donating $1 million to America First Action.
In April of that year, White was embroiled in a sex tape scandal after an exotic dancer allegedly recorded their time together in 2014. After the hype surrounding the scandal died down, White worked on a deal with Rob Gronkowski to try to bring quarterback Tom Brady to the Raiders.
That same year, he was diagnosed with high triglyceride levels and given ten years to live, which motivated him to improve his lifestyle. Fortunately, things improved in 2023, when a deal with Endeavor Group merged WWE and UFC, making White the chief executive officer of the UFC.
At the same time, White launched a slap-fighting competition called Power Slap, which will debut in January 2023 and air its second season in November.
estimated net worth
Today, Dana White’s net worth is estimated at $500 million.
Highlights
Here are some of the best highlights from Dana White’s career:
- Dana buys the UFC (1987)
- First UFC live fight on TV (1997)
- Became UFC President (2001)
- UFC breaks pay-per-view industry all-time record by earning over $222,766,000 in revenue (2010)
Favorite quotes from Dana White
“Whatever you love, whatever you enjoy doing, and whatever you’d like to get out of bed every day and do for free, you should find a way to make money at it and try it.” – Dana White
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“Hey, forget about college. I barely finished high school.” – Dana White
“He was in Miami, and I said, ‘You know what? I just found out the UFC is for sale. What do you think?’ And he said, ‘That’s interesting.’ A month later we made it ours.” – Dana White
“They were college educated, they were good guys. There were a lot of misconceptions about the sport and the people who fought.” – Dana White
“What if we go out there and promote it the right way and let people know what kind of athletes these are.” – Dana White
“If I’m not spending time with my family, there’s nothing I want to do. No sports, no hobbies, no special interests. This company, those fighters, this job, those are my hobbies. That’s my life. That’s my everything.” – Dana White
“We’ve been at a tipping point for some time now. We’ve finally gotten to the point where we can’t be denied anymore. We’ve been blowing up boxing and wrestling for the last year and a half. Our venues are selling out; we’re breaking records everywhere we go.” – Dana White
“It was awesome. If you would have asked me ten years ago if I’d be here ten years from now, I would have laughed in your face.” – Dana White
“Too often, kids go to college and choose a major because that’s what they think they should do. I told him I believe 90 percent of Americans get up in the morning and drive to a job they hate. That could have happened to me in the hotel industry.” – Dana White
“We didn’t buy it to make billions of dollars. We saw something in this sport and its fighters that we thought was incredible.” – Dana White
Check out our large collection of the best Dana White quotes!
Summary
Dana White’s shrewd business acumen and passion for mixed martial arts have helped him grow the UFC from close to bankruptcy to a multi-billion dollar industry. The UFC has become a household name that has reached billions of people around the world. Dana White’s net worth reflects his dedication to his work and his company.
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Category: Net worth