UFC: Dana White has been the president and the face of the UFC since 2001. The 56-year-old has grown from strength to strength along with the company. And today, White has a reported net worth of $500 Million. So how did Dana White get so rich? Here’s what we know. For more combat sports news, follow Insidesport.IN.
READ ALSO: MMA News: Who Owned the UFC Before Dana White?
White is one of the most influential people in combat sports today. And it all started after he quit school and found his love for the sweet science. After a few odd jobs in his youth, White dreamed of becoming a boxer. However, that dream died down after he realized what it could do to his health.
UFC: How Did Dana White Get Rich?
Instead, White opened a boxing gym and became a boxing trainer. He opened a gym in Boston. This was how White started earning money. However, he had to flee Boston after failing to repay borrowed money to Mobster Whitey Bulger.
White then moved to Las Vegas and continued training boxers and slowly shifted to MMA. This is where he met Tito Ortiz and Chuck Liddell. White later acted as manager for both fighters, along with a few others. This was his first step in the management side of the sport.
Dana White and the UFC
Despite all his early exploits, the lion’s share of White’s wealth has come from the UFC. He saw an opportunity to purchase the promotion for $2 million and encouraged his friends Lorenzo and Frank Fertitta to buy it. The brothers then instated White as president of the company and also gave him a share in the company.
White allegedly has a 9% share in Zuffa LLC. However, there is no official confirmation of how much he owns in the company. Regardless of his share in the company, it is one of the biggest contributors to White’s wealth.
In addition, as the president of the UFC, White will also earn a salary. And given the size of the UFC, it is bound to be an exorbitant amount.
Other than this, White also has a few endorsements and sponsorships. And this is a brief breakdown of how Dana White earned his money. However, he is yet to reach the billionaire mark.
Do you think Dana White will become a billionaire in the future?
For more combat sports news, follow Insidesport.IN.
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