Dana white who can best be described as an entrepreneur and UFC current president has a net worth of million dollars in 2017-2018. He ran the affairs of the Ultimate Fighting Championship which today and his leadership it has turned out to be a multi-billion-dollar company.
Biography & Wiki
Ultimate fighting Championship has been named the fastest hottest growing sport in the U.S.A all thanks to the guiding force and the man who rescued it Dana White. He is the son of Dana White and June who gave birth to him in 1969.Dana has a sister named Kelly whom were raised in Manchester New England.
Dana White went to school in Hermon High School Mine and later Bishop Gorman High School in Las Vegas. That’s the place he met Frank Fertitta III and Lorenzo Fertitta. While at this area he used to work as aerobics instructor in various local gyms.
Irrespective of the controversial surrounding Dana White on relationship matters the man is married to one cute lady Anne White whom they have three beautiful children.
Dana White in 2001 while working as a manager of Chuck Liddell and Titi Ortiz an opportunity availed itself that would change Dana life forever. The company that owned UFC wanted to sell the UFC and Dana appealed to his childhood friend Lorenzo Fertitta to buy the company which he and his brother frank agreed for $2 million and in exchange let him become the president of the company.
The company struggled a lot to make profits since the government, sponsors and television executives deemed the sport to be too controversial and that led to major athletic commissions refusing to sanction the sport. There troubles dint end there as the sport was banned in pay per view and it nearly went dead.
However, in the face of extinction Dana gave the sport a clean image and he embarked on a mission to get it approved national wide. things like strict medical examinations were introduced, kicks at the spine and back of the head were burned and many more rules that emphasized participants safety were introduced. He won the battle with athletic commissions and even with Cable companies. The UFC image was completely transformed and the MMA was elevated to the mainstream all thanks to Dana white.
Today UFC on average generates around $200 million on PPV revenue and its worth over $1 billion in value.
Awards & Achievements
Some of the awards Dana White has received over the years are Nevada Sportsman of the Year (2009), Wrestling Observer Newsletter Awards Promoter of the Year (2005–2013, 2015–2016), and World MMA Awards:Leading Man of the Year 2010/11/12/13/14/15 and a Patriot Award.
Net Worth of Dana White
Dana White current net worth stands at $500 million. Dana made his money when the largest sale deal in professional sports history took place that’s the sale of UFC for $4 billion to WME IMG group where he earned $360 million which was equivalent to his stake 9% of UFC. That was not all since he made a deal with the new management that stipulates he remains the president for five years and take around 9% of the company profit hence its estimated his net worth will be boosted by the $18 million he takes home annually.
The man transformed UFC and MMA to a multi-billion dollar company and this is the greatest success story in the history of sports. Irrespective of her consistent use of F word and his aggressive nature in handling matters Dana White is undoubted one of the greatest business sports mogul.