Dana White Net Worth

Dana White net worth

Dana White is an American businessman and sports activities promoter who has a net worth of $500 million. White is greatest recognized for being the present President of the Ultimate Fighting Championship (UFC), a combined martial arts group. When UFC bought William Morris Endeavor (WME) in 2016, Dana owned 9% of the corporate. He had beforehand bought the bulk to the Fertitta brothers (billionaire online casino magnates). After taxes, Dana’s 9% lower from the sale was around $360 million.

Early Life:

Dana Frederick White Jr. was born on July 28th, 1969 in Manchester, Connecticut. He is the son of June and Dana White. Dana and his sister Kelly have been principally raised by his mom and grandparents. He spent his youth going backwards and forwards between Las Vegas and Maine. While rising up, White spent a lot of his time concerned in sports activities, notably boxing, and is a lifelong fan of the baseball workforce the Boston Red Sox. He graduated from Hermon High School in Maine in 1987.

Career:

White went on to attend the University of Massachusetts, although he didn’t end. While he was there, he opened up a boxing program for at-risk kids within the internal metropolis. To make a dwelling throughout this time, he additionally grew to become an aerobics teacher. Eventually, he relocated full-time to Las Vegas and, in 1992, established Dana White Enterprises.

It was around this time that he started managing fighters, Chuck Lidell and Tito Ortiz. White continued to increase his horizons into different types of preventing, together with Mixed Martial Arts and Muay Thai, types that might later come to outline the UFC.

Luckily for White, he had grown up with Lorenzo Fertitta, a former high school classmate who had made a reputation for himself as a government at the resort and online casino firm Station Casinos. The two reunited at a marriage within the mid-’90s, bonding over their shared love of boxing and stating that they hoped to work collectively sooner or later.

It was whereas managing fighters that White grew to become embroiled in disputes with the UFC. After wanting into the funds of Semaphore Entertainment Group, the mother or father firm of the UFC, he discovered that they have been going broke. After studying the information, White approached his childhood good friend, Lorenzo Fertitta, about making a suggestion.

Other Work

Lorenzo rapidly noticed the revenue that could possibly be had and he made a deal to purchase the UFC. Lorenzo additionally invited his older brother Frank to get in on the motion. On the whole, the Fertitta brothers paid $2 million in 2001 for an 81% possession stake within the UFC. They quickly appointed White as president. In the years since shopping for the UFC, White and his workforce have taken the group, which was once seen as barbaric and unlawful, and turned it into a world phenomenon.

White has continued to behave as president, even after the sale of the corporate. Under his management, he has been capable of improving the recognition of the game and switching it right into a multi-billion greenback enterprise. The UFC introduced in May 2017 that White could be the host of a present known as Dana White’s Contender Series. The present is barely accessible by UFC’s digital streaming service, UFC Fight Pass. It options up-and-coming fighters and offers them the chance to showcase their abilities in order that they might at some point make it to the UFC. White revealed on March 18, 2019, that he had penned a brand new seven-year contract with ESPN to stay the UFC president.

Controversies:

White used derogatory and expressive language in 2009 in the direction of reporter Loretta Hunt when she ran a report about him that he was upset by. He used anti-gay slurs when referring to sources of her reviews. GLAAD known for White and the UFC apologized for the anti-gay slur, which he subsequently did.

Personal Life:

White has been married to his spouse Anne since 1996. The two met after they have been in the eighth grade. The couple has two sons, Aidan and Dana III, and a daughter named Savannah. White prefers to maintain his household life personally.

In May 2012, White introduced that he had been recognized with a neurological dysfunction referred to as Ménière’s illness, which White claims was introduced largely due to combat he was part of as a youth.

White was an ardent supporter of Donald Trump in his first presidential bid, even going as far as to talk at the 2016 Republican National Convention in Cleveland, Ohio. During Trump’s 2020 reelection marketing campaign, White once more lent his voice to assist the president, talking at rallies and interviews to share how Trump was one of many UFC’s early supporters, permitting one in all its first main occasions to be held at one in all his properties.

White donated $50,000 {dollars} for a liver transplant in 2010 for Tuptim Jadnooleum, the daughter of one of many instructors for Tiger Muay Thai. White donated $100,00 in 2011 to his former high school for renovations.

Accolades:

White received the Nevada Sportsman of the Year award in 2009. He received Promoter of the Year 9 years in a row on the Wrestling Observer Newsletter Awards. White was named Leading Man of the Year on the World MMA Awards yearly from 2008–2019. The Armed Forces Foundation gave White the Patriot Award in 2019.

UFC Sale to WME:

Prior to promoting the corporate, Dana owned 9% of the UFC. In May 2016, it was reported that the Fertitta brothers have been in superior talks to promote the UFC for as a lot as $6 billion. At that valuation, Dana’s 9% stake would have been worth $540 million. In July 2016, it was confirmed that UFC had been bought by expertise company WME-IMG for $four billion. That’s $360 million earlier than taxes for Dana.