White had a 9% stake in Zuffa, the company that owns the UFC. Reubyn Coutinho is a Combat Sports editor at EssentiallySports with over 2 years It’s 131 times bigger than Miesha Tate’s net worth of $2.3 million and 27 times bigger than Canelo Alvarez’s net worth of $11 million. While he didn’t quite manage to do that, the UFC Fight Island is as close to that as possible. At first, UFC president Dana White wanted to buy or rent an entire island to hold events there while the coronavirus pandemic affects the world. Whilst Dana White’s exact stake following the takeover is unknown, fans can assume it is massive and profitable given White’s net worth stood at $500 million at the end of last year. He has earned a total of $142 million in UFC salary since 2001. White’s salary grew to $17 million a year by 2016, but the real payoff came with the July 2016 sale of the UFC to WME-IMG, an American sports and talent agency. Furthermore, the new owners handed White a fresh stake in the business. Most of the $4 billion goes to brothers Lorenzo and Frank Fertitta, who held 40.5% of Zuffa Inc. each. Until 7/11/16, almost all of the Dana White net worth figure came directly from his salary for the UFC. White’s portion of the sale price is $360 million. The Fertittas were casino executives when Dana White approached them about the opportunity to buy the UFC in 2001. Dana White, being the shrewd man he is, looked into it and realized that the UFC was in financial trouble. The table below shows Dana White’s total earnings from salary and the sale of the UFC, by year. Dana White is the president of UFC He worked tirelessly behind the scenes in 2020 to keep fights coming for the fans despite the ongoing problems that have come with the COVID-19 lockdown. Now your investment of $0 and a lot of blood, sweat and no tears (because you are as tough as a bull on steroids and you don’t cry) has paid you half a billion. Under his presidency the UFC has grown and dominated the MMA world. In July 2016, the UFC was sold by Zuffa LLC for $4.0 billion. At the time the Fertitta brothers were managing Station Casinos in Las Vegas. All Dana White net worth data in this article are based on our analysis of income streams, tax, expense and investment calculations, estimates and media reports and are provided here for entertainment purposes only. But Should You? Britney Spears Net Worth: The $290 Million Blowout. The UFC announced its $4 billion sale Monday to a team of investors led by WME-IMG. Lorenzo and Frank Fertitta own Zuffa Inc., the company that sold the UFC to WME-IMG. At this point, the UFC is now worth over $7 billion. His proximity to the business served him well, as he displayed his astute business mind when he leaped on an opportunity to acquire the company. They both agreed, and in 2001, the three men formed Zuffa Inc. and purchased the UFC. In 2016, White and Frank and Lorenzo Fertitta, the … Looking to expand his repertoire, White began managing boxers Chuck Liddell and Tito Ortiz. At the age of 17, he began boxing. He reportedly contacted his childhood friends Lorenzo and Frank Fertitta about the opportunity. of journalistic experience. Having earned his bachelor's degree in Mass Media U.S. federal taxes take $197 million of that and expenses take another $24.9 million, leaving the final Dana White net worth number at $300.8 million. Instead, it has become an even bigger global brand with a majority of the champions and fighters being from overseas. Brothers Lorenzo and Frank Fertitta, shown flanking UFC president Dana White in 2010, bought the organization in 2000 for $2 million and sold it in 2016 for $3.77 billion Jamie McCarthy/WireImage He gets 9% of that or $360 million while the Fertitta brothers get $1.6 billion each. Staggering turn from the $2 million the Fertitta brothers invested 15 years ago to get it. Here, he entered the fighting scene as manager to Chuck Liddell and Tito Ortiz. We used the Google Trends analysis below to gauge the UFC’s popularity in the intervening years and estimate White’s salary growth as a function of his success. White performed beyond the wildest expectations of the brothers, turning the UFC around from a money-losing venue to a multi-billion dollar industry in just a few years. — Bruce Feldman (@BruceFeldmanCFB) July 11, 2016. That $69,000 is really just chump change to the UFC front man. UFC president Dana White had his gambling limit dramatically reduced at the Palms Resort in Las Vegas after winning nearly $2 million in a recent three-month span. THROWBACK: “I Don’t Care About Other Sports” – Joe Rogan Makes UFC Commentary Debut. The chart below shows how White’s wealth has shot straight for the moon in just one day. Since White and the Fertitta brothers don’t publish his salary, the real figure isn’t known. further his passion for sports content. He was appointed president of the UFC in 2001 and received a 9% stake in Zuffa LLC. Dana White Net Worth from UFC Zuffa Salary, Canelo Alvarez’s net worth of $11 million, Hillary Clinton’s net worth of $32 million. Dana Frederick White Jr. is an American businessman and the current President of the Ultimate Fighting Championship, which is the largest mixed martial arts organization in the world. As a result, the UFC had to acquire an Island to conduct fights amidst the coronavirus pandemic. Some online estimates place that salary as high as $20 million a year while several others claim it’s more like $15 million. Under White's leadership, the UFC has grown into a globally popular multibillion-dollar enterprise. That’s the biggest sale in the history of sports. White had a 9% stake in Zuffa, the company that owns the UFC. In 2001 he learned that the UFC was up for sale. DANA WHITE is selling his stake in the UFC with Endeavor set to take 100 per cent control of the MMA promotion. The UFC was sold for $4 BILLION. You’re the CEO of UFC. Dana White has spearheaded the UFC's relentless drive for success and been the beating heart of the MMA organisation since 2001. champions like 'Mighty Mouse' Demetrious Johnson and Miesha Tate. He also has no operating costs or staffing costs because those are all handled by the Fertitta’s Zuffa, Inc. Basically the only expenses White incurs are cost-of-living related, vs other stars like Rihanna who must shell out 15% or more for things like concert stage design and construction. It also shows the Dana White net worth adjustments from taxes, expenses and investments. That’s the Dana White net worth tale in a nutshell. This led to the Fertittas purchasing the UFC … In fact, the UFC just recently closed a five-year deal with ESPN for $1.5 billion. The Dana White net worth sum of $300.8 million comes from 16 years of UFC salary and his portion of the $4 billion sale of the UFC to WME-IMG. He quickly grew the company from a small enterprise to a multibillion-dollar enterprise. So when Davies told him that he was looking for a buyer, White contacted his friend, Lorenzo Fertitta. Because he loves what he does. Dana White net worth vs Frank Fertitta net worth, Dana White net worth vs Lorenzo Fertitta net worth, Dana White net worth vs Jon Jones net worth, Dana White net worth vs Miesha Tate net worth, Dana White net worth vs Canelo Alvarez net worth, Dana White net worth vs Floyd Mayweather net worth, Dana White net worth vs Hillary Clinton net worth, Dana White net worth vs typical American family net worth, Total Dana White Net Worth from UFC Salary, Lorenzo Fertitta net worth: $3.22 billion, Combined Fertitta brothers’ net worth: $6.44 billion. Along with Frank and Lorenzo Fertitta, Dana helped build the UFC into the multi-billion […] Following the sale, despite a huge name in Ronda Rousey walking away and Conor McGregor fighting sporadically, the company’s growth hasn’t been arrested. Less than 30 days later the Fertittas jumped on the deal, buying the UFC for just $2 million and installing White as its president, paying him a salary and giving him a 9% stake in the business as a carrot to get him to perform. LOS ANGELES -- The UFC has been sold for approximately $4 billion to a group led by Hollywood talent agency WME-IMG. UFC president Dana White has found a way to combat coronavirus… by hosting fights on his own private island. Imagine seeing that a failing company is up for sale. He regularized the show and managed to get it back to the television, thus helping it reach a larger audience. How rich is Dana White? For 16 years, White built the business. However, based on the sale worth almost $4 billion as per ESPN, it’s fair to say that White pocketed a pretty penny. Put up $2 million and we’ll match it,” Snoop told TMZ in a video directed at White. Looking at some UFC fighters, Dana White’s net worth is 36 times bigger than Jon Jones’ net worth of $8.4 million. Dana White UFC President . Other sites that place White’s net worth higher likely don’t figure for taxes and expenses. White is determined not to let the global pandemic that has claimed over 75,000 li… That’s not bad at all for a $2 million investment made 16 years ago. Jay Z’s net worth of $554 million is 46% bigger and Hillary Clinton’s net worth of $32 million is nine times bigger. You Can Buy a $1 Detroit Home. How Much Money Does Walmart Make in a Year? Dana White got rich primarily through the UFC. White thought that the UFC could become a huge entity in the future, and so he pitched the idea of buying the organization to the Fertitta brothers. Coupled with his $360 million from the sale of the UFC on 7/11/16, that’s a total lifetime earnings of $497 million. However, after the Fertitta brothers and Dana White purchased the UFC for 2 million dollars in 2001, they turned it into arguably the largest and most prestigious MMA competition the world has ever seen, and even sold the company for an astounding 4 billion dollars in 2016. The Dana White net worth story started out in his early years, when he was an aerobics and boxing instructor. ! If you liked reading about Dana White’ net worth, try this post about Kim Kardashian’s net worth or this one about Floyd Mayweather’s net worth. We took a rough average of the Dana White salary numbers published online to arrive at $17 million in 2016. White got to know Art Davies of Semaphore Entertainment Group in Vegas, the parent company of the UFC. Dana White is the current president of the Ultimate Fighting Championship (UFC). Were White to make his home in California he’d pay 13.3% of all his income in state taxes alone. On that day, the UFC sold to talent agency WME-IMG for $4 billion, giving White 9% of that money or $360 million and tripling White’s net worth overnight. UPDATE: Previously it was stated that Dana White's net worth was currently at $500 million (Celebrity Networth) and the sale of UFC netted him $360 million, which would have put his net worth at around $850 million or more before taxes.However, due to conflicting reports of White's net worth, it is not really known how much his total net worth is at the moment. That would have amounted to another $66 million in taxes and would have chopped the Dana White net worth amount down to $228 million. Whilst the Fertittas purchased the company, White became President and the UFC’s fortunes skyrocketed. Becomes UFC President (2001) 4. Following the sale, despite a huge name in Ronda Rousey walking away and Conor McGregor fighting sporadically, the company’s growth hasn’t been arrested. White made about $360 million in the UFC’s $4 billion sale to WME-IMG in 2016, per ESPN’s Darren Rovell. with the sports desks at DNA and Times Now before joining EssentiallySports to Sources confirmed that White owned nine percent of the UFC, which would mean his cash out on the recent $4 billion sale to agency WME-IMG and other partners will … The Dana White net worth total of $300.8 million is triple what it was yesterday. UFC broke the pay-per-view industry’s all-time record for earning UFC president Dana White confirmed the sale but will remain in charge of day-to-day operations. White’s career in the fighting business started early. With time, Dana White began investing wisely and owned a 9% stake at the time of the UFC’s sale to WME-IMG 4 years ago. And even though Dana sold the UFC for just over $4 billion, he made a deal with the new ownership to stay on. White also has relatively low expenses because he doesn’t have to shell out to talent agencies like most celebrities. Most celebs get a gigantic chunk of their money from endorsement deals, which means they have to pay a hefty percentage to talent agents but White has no such income. Reubyn has interviewed former UFC White was born on the east coast, but moved to Vegas to get away from Boston Gangster James Bulger, whom he owed money. You got more than a million. The Ultimate Fighting Championship (UFC) would not be where it is now if it were not for Dana White. What is the Most Expensive Fish You Can Eat? The Dana White net worth sum of $300.8 million comes from 16 years of UFC salary and his portion of the $4 billion sale of the UFC to WME-IMG. That’s not as bad as it seems, since White escapes state taxes by living in Nevada, which has no state income tax. However, based on the sale worth almost $4 billion as per ESPN, it’s fair to say that White pocketed a pretty penny. While UFC President Dana White did not purchase an island to host his championships as he had been hinting, he will use Yas Island in Abu Dhabi for four events, starting with UFC … The blood and sweat was put in by White, who gave Lorenzo and Frank Fertitta the heads up in 2001 that the UFC was up for sale. Dana White is the president of the UFC, and is one of the most influential and well-known figures in the world of MMA. UFC President Dana White is one of the most powerful men in global sports. With time, Dana White began investing wisely and owned a 9% stake at the time of the UFC’s sale to WME-IMG 4 years ago. As of August 2019, White's net worth was assessed at UFC Success & White’s Net Worth Back then, White has a 9% stake at Zuffa, the entity created by the Fertitta brothers to manage the UFC business. Put up TWO. As White grew the UFC’s renown, we grew our estimates of his salary, ending at the media-consensus of $17 million today. Here are some of the best highlights of Dana White’s career: 1. Dana bought the UFC (1987) 2. UFC President Dana White confirmed the sale of the mixed martial arts promotional company in text messages to The Associated Press on Sunday night. Since then, White has worked like a bulldog to promote and manage the UFC, earning a salary that reached $17 million a year in 2016. White almost certainly wasn’t making that much right off the bat though. The rest was owned by the Fertitta brothers (81%) and Flash Entertainment (10%). One day after the the landmark UFC 200 event, it was announced that the promotion would be sold to WME-IMG and MSD for an eye-watering $4bn, which puts White in for a frankly ridiculous payday. with a specialization in Journalism from Xavier's College, Reubyn has interned And that’s on top of … Dana White may now be worth in excess of $500million (£386m), but the UFC magnate did not always have an abundance of wealth. Eventually, he upgraded to weekly shows. White started with an Octagon and the name, with sporadic shows. Note that in the image, we’ve compared the UFC’s popularity to that of singer Drake and Leonardo DiCaprio as a measuring stick. The UFC sold for $4 billion. His 9% interest in the company was basically granted by the brothers back then as a finder’s fee for the deal. Dana White securing a private island for UFC fights wins for craziest idea ever. White’s portion of the sale price is $360 million. UFC sells for $4 billion to WME-IMG group, Dana White remains president After two months of speculation, UFC's owners have sold away the company for a massive sum By Robby Kalland Share this article 252 shares share tweet text email link Charles Curtis. In exchange, they pay you a hefty salary and give you a 9% stake in the business. These took place all across America and the world and attracted some of the biggest martial artists on the planet. Lesnar defeated UFC … While living in Ware, Massachusetts, he found himself in some serious problems with local mobsters Whitey Bulger and Kevin Weeks. You contact a couple childhood friends who happen to be millionaires and make a pitch: If they buy the failing company, you’ll run it. Over this period he got his product into the sports mainstream. That’s more three times what it was yesterday. Dana White’s net worth is now estimated at $500 million. One of the biggest winners is the longtime face of the organization: president Dana White. How Much Money Has Every Call of Duty Game Made? “C’mon Dana, whatchu waiting on? Dana White is the president and co-owner of UFC; White owns the UFC with Lorenzo and Frank Fertitta; The UFC is celebrating its 20th year; LAS VEGAS -- UFC President and co-owner Dana White … He was one of the three men that acquired the UFC back in 2001, under the Zuffa name. White and the UFC simply waived these rules for Lesnar ahead of his bout at UFC 200, according to the Las Vegas Review-Journal. Until July of 2016, the sole source of the Dana White net worth numbers was his salary. That’s 11 times as much as Dana White’s net worth. Outside the UFC, Floyd Mayweather’s net worth of $403 million is 25% bigger than Dana White’s net worth. As of 2020, Dana White's net worth is roughly $500 million. To check our math, scroll down to the tables below. After UFC was sold to WME-IMG for $4.0 billion in July 2016, White started receiving 9% of UFC’s net … Not enough data yet, please check again later. White and Las Vegas casino magnates, Lorenzo and Frank Fertitta, acquired the company for … After the sale, the Fertitta brothers now have net worths of $3.22 billion each. First UFC Live fight on TV (1997) 3. This massive return is largely thanks to Dana White himself. That column is negative because even though investments put up a good fight, taxes and investments are a lot bigger and beat the number down. Full Spectrum Services LLP © 2021 | All Rights Reserved. Furthermore, the new owners handed White a … The rest was owned by the Fertitta brothers (81%) and Flash Entertainment (10%). How Much Money Do Stars Make for a Golden Globe Win? Dana White confirms UFC's $4B sale to new ownership: https://t.co/v4xuvWeDFa pic.twitter.com/UIHzxmwkLV. The Fight Island events are held on Yas Island, an actual human-made island in Abu Dhabi. That’s because of the UFC’s $4 billion sale to WME-IMG. How Much Did the UFC Cost Dana White? You’re able to convince the friends to spend $2 million on the company and set you up as president. Furthermore, the brutality was retained, but with rules, which got the Athletic Commissions interested in the new product. You do such a good job managing the company that 16 years later it sells for $4 billion. Dana White is best known as the president of the Ultimate Fighting Championship (UFC). His story seems destined for the silver screen. The Fertitta brothers got $1.62 billion each. As a result, the. In the early days of the UFC’s ownership by Zuffa, he more probably made something like $500,000. The UFC, based in Las … Instead, it has become an even bigger global brand with a majority of the champions and fighters being from overseas. White and the Fertitta Brothers Bought the Business For $2 Million in 2001. White’s total lifetime earnings of $497 million are beat down by $196.8 million in taxes and $24.8 million in expenses. 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