What is Dana White net worth?
|Net Worth||$500 million|
|Source of wealth||Businessman and president of UFC|
|Date of Birth||July 28, 1969|
Ultimate Fighting Championship
Dana White net worth 2022: Dana Frederick White Jr. is an American businessman and the current President of the Ultimate Fighting Championship (UFC), which is the largest mixed martial arts (MMA) organization in the world. Under White’s leadership, the UFC has grown into a globally popular multibillion-dollar enterprise. Dana White net worth is $500 million.
Early life and education
Dana White Jr. was born in Manchester, Connecticut on July 28, 1969, the son of June and Dana White. He and his sister, Kelly, were raised by their mother and her family for the majority of their childhoods. White has said he is an Irish American.
He began boxing at age 17 and graduated from Hermon High School in Maine in 1987. He started college twice, once at Quincy College and once at UMass Boston, but dropped out during his first semester each time. White then worked as a boxercise coach.
White spent many of his early years residing in Ware, Massachusetts. He claims he left Boston for Las Vegas after reportedly being threatened by mobster Whitey Bulger and his associate Kevin Weeks. “He basically said, ‘You owe us money’.
It was like $2,500, which was like $25,000 to me back then, and said, ‘You owe us money.’ It was actually a guy named Kevin Weeks, who if you saw the trial he’s Whitey’s right-hand man. I’m sure he’s very prominent in the movie, but yeah basically said I owed him some money, and I didn’t pay him.
This went on for a while and one day I was at my place and I got a call and they said, ‘You owe us the money tomorrow by 1 o’clock’. I literally hung up the phone, picked up the phone and called Delta and bought a ticket to Vegas.”
While working as a manager for Tito Ortiz and Chuck Liddell, White met Bob Meyrowitz, the owner of Semaphore Entertainment Group, the parent company of the Ultimate Fighting Championship.
When White learned that Meyrowitz was looking to sell the UFC, he contacted childhood friend Lorenzo Fertitta, an executive and co-founder of Station Casinos, and former commissioner of the Nevada State Athletic Commission, to ask if he would be interested in acquiring the company.
In January 2001, Lorenzo and his older brother Frank acquired the UFC for $2 million, which subsequently became a subsidiary of Zuffa. White was installed as the company’s president.
White said that when he and the Fertittas acquired the UFC, all they received was the brand name “UFC” and an old octagon. The previous owners had stripped the company’s assets to avoid bankruptcy, so much so that the UFC.com website had been sold to a company named “User Friendly Computers”.
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Over time, with White as president, the UFC developed into a highly successful business, and its gross revenue was $600 million in 2015.
In July 2016, Zuffa was sold to a consortium of investors led by WME-IMG for $4.025 billion. White owned 9% of the company at the time of the sale. White announced he would continue in his role as president, and was given a stake in the new business.
In May 2017, the UFC announced White would host Dana White’s Contender Series. Available exclusively through UFC Fight Pass, the promotion’s digital streaming service, and licensed separately from the UFC brand, the show allows up and coming fighters the chance to showcase their talents in hopes that one day they may compete in the UFC.
On March 18, 2019, White revealed that he had signed a new, seven-year contract to remain president of the UFC, as the UFC signed a deal with ESPN
Dana White Boxing
White entered the boxing scene by co-promoting Floyd Mayweather Jr. vs. Conor McGregor due to McGregor being contracted to the UFC.
In October 2017, White said at Freddie Roach’s Wild Card West boxing club that he was “getting into boxing, 100 percent.” White says that he wants to incorporate boxing into the company portfolio of the UFC.
Dana White Net Worth
Dana White net worth is $500 million. His main source of income is from his investments in Ultimate Fighting Championship (UFC), which is the largest mixed martial arts (MMA) organization in the world.
Dana has been involved in a number of charity donations. In 2019, after UFC 242, Khabib Nurmagomedov raised $100,000 for Dustin Poirier’s charity, The Good Fight Foundation, White followed and also donated $100,000 to Poirier’s charity foundation.
In 2017, White donated $1 million to the victims of the Las Vegas shooting.
White met his wife Anne when they were in the eighth grade and they married in 1996. They have two sons, Dana III and Aidan, and one daughter, Savannah. White values his privacy, and keeps Anne out of the public spotlight.