Linda McMahon

Entrepreneur

Linda McMahon was born in New Bern, North Carolina, United States on October 4th, 1948 and is the Entrepreneur. At the age of 75, Linda McMahon biography, profession, age, height, weight, eye color, hair color, build, measurements, education, career, dating/affair, family, news updates, and networth are available.

  Report
Date of Birth
October 4, 1948
Nationality
United States
Place of Birth
New Bern, North Carolina, United States
Age
75 years old
Zodiac Sign
Libra
Networth
$1.6 Billion
Profession
Entrepreneur, Executive, Politician
Social Media
Linda McMahon Height, Weight, Eye Color and Hair Color

At 75 years old, Linda McMahon physical status not available right now. We will update Linda McMahon's height, weight, eye color, hair color, build, and measurements.

Height
Not Available
Weight
Not Available
Hair Color
Not Available
Eye Color
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Build
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Measurements
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Linda McMahon Religion, Education, and Hobbies
Religion
Not Available
Hobbies
Not Available
Education
East Carolina University (BA)
Linda McMahon Spouse(s), Children, Affair, Parents, and Family
Spouse(s)
Vince McMahon ​(m. 1966)​
Children
Shane McMahon, Stephanie McMahon
Dating / Affair
Not Available
Parents
Not Available
Siblings
See McMahon family
Linda McMahon Career

In 1969, the McMahons moved to Gaithersburg, Maryland. McMahon worked as a receptionist at the corporate law firm of Covington & Burling; she translated French documents, trained as a paralegal in the probate department, and studied intellectual property rights.

Financially, the couple fared poorly for several years, and in 1976, while pregnant with Stephanie, McMahon and her husband filed for bankruptcy. They briefly received food stamps until her husband took on a 90-hour-a-week job at a quarry.

By 1979, Vince decided to start his own wrestling company. He purchased the Cape Cod Coliseum in Massachusetts and founded Titan Sports, Inc. in 1980. The McMahons held small hockey and other sporting events in addition to wrestling at the Cape Cod Coliseum. At one point, Linda cooked meatball sandwiches to feed the fans at these sporting events. As the company grew, Linda assisted Vince with administration and used her knowledge of intellectual property law to assist in trademark protection for the company. During much of those early years, she had little interest in professional wrestling.

In 1982, Vince McMahon purchased Capitol Wrestling, better known as the parent company of the World Wrestling Federation (WWF), from his father. He later expanded his market by airing WWF shows on national television.

In 1983, the McMahons moved to Greenwich, Connecticut. They have six grandchildren.

Political career

McMahon was appointed to the State Board of Education by Governor Jodi Rell in January 2009.

She went through a confirmation process in the Connecticut State Assembly where she was questioned on her record as CEO of WWE. The State Senate approved her nomination by a vote of 34–1 and the House by 96–45 with some opponents expressing concerns that the nature of her WWE activities would send the wrong message. State representative Bruce Morris claimed she lacked "depth of knowledge regarding education". However, state representative John Hetherington said it "would be good to have someone outside the establishment on the board".

On April 1, 2010, McMahon resigned from the State Board of Education, because state law does not allow board members to solicit campaign contributions.

On September 16, 2009, McMahon announced her candidacy for U.S. Senator to represent the state of Connecticut. She announced she would spend up to $50 million of her own money to finance her campaign and refused outside donations, the third most ever spent on a senatorial campaign. She ran for the Republican nomination, campaigning on promises of lower taxes, fiscal conservatism, and job creation. She campaigned as socially moderate, and identified herself as pro-choice while also opposing partial-birth abortion and federal funding for abortions. Her mail, radio, television, and Internet advertisements quickly gained name recognition and strong poll numbers over her opponents.

McMahon's spending became a key argument of one of her rivals, former Congressman Rob Simmons, who accused her of "buying the election". McMahon and Simmons engaged in a frequently bitter contest. At the party convention, McMahon received the most support, but Simmons received enough votes to qualify for the ballot for the August 10 primary, although he was not actively campaigning. In late July—two weeks before the primary—Simmons relaunched his campaign by airing ads on TV reminding voters that his name would be on the ballot, participating in debates, and accepting interviews with editorial boards. A third candidate, Peter Schiff, qualified for the ballot by submitting petition signatures. McMahon defeated her opponents and faced Richard Blumenthal in the general election, losing by 11%.

Immediately after her loss to Blumenthal, McMahon hinted she would run again for Senate in 2012. McMahon maintained a high profile following the election, running television ads, campaigning for politicians, and making frequent media appearances. When Joe Lieberman announced he would retire from the U.S. Senate, she became the Republican Party favorite for the 2012 election.

On September 20, 2011 in Southington, Connecticut, McMahon officially announced her candidacy. On May 18, 2012, McMahon earned the endorsement of the state Republican Party at the Connecticut State Republican Convention by a delegate vote of 658 to 351 over the next-highest candidate, former congressman Chris Shays. The two were the only candidates to qualify for the primary, which took place on August 14, 2012. McMahon defeated Shays by a three-to-one margin, spending $15.7 million of her money on the campaign. She lost to Democratic U.S. Representative Chris Murphy in the general election, marking her second consecutive defeat.

Following her election defeats, McMahon committed herself to becoming a major Republican fundraiser and donor. She donated to groups such as American Crossroads and Ending Spending Fund, and associated with fellow mega donor Paul Singer.

As the 2016 Republican nomination process began to gear up in early 2015, McMahon, Singer, and Charles R. Schwab were among donors and prospective-candidate representatives who attended a daylong meeting near Jackson, Wyoming, that was hosted by TD Ameritrade founder Joe Ricketts and his son Todd, and featured "several Republican donors who favor[ed] same-sex marriage and immigration reform".

After Donald Trump made an appearance at WrestleMania 23 in 2007, the McMahons donated $5 million to the Donald J. Trump Foundation in addition to the payment for the appearance. In 2016, McMahon donated $6 million to Rebuilding America Now, a Super PAC with the purpose of electing Donald Trump as US president, and in 2015 and 2016 combined, $1.2 million to Future 45, a Super PAC which funded anti-Bernie Sanders advertisements.

On December 7, 2016, President-elect Donald Trump announced that he would nominate McMahon to be the administrator of the Small Business Administration (SBA).

With her pending nomination to become administrator of the SBA, examination of McMahon's record in preparation for her facing United States Senate confirmation began. In December she received media attention including from The Wall Street Journal, which noted that "[a]s part of her 2012 campaign, [the nominee's] economic plan called for getting rid of 'outdated/ineffective and duplicative programs,' and expressed support for a 2012 proposal by President Barack Obama to merge the SBA, the Commerce Department's core functions and four other entities into one unit". The merger proposal, which did not proceed far toward approval at the time, would have eliminated the Cabinet-level post to which McMahon was nominated. The Connecticut Post of Bridgeport, Connecticut, examined issues of potential conflicts of interest from remaining WWE stock holdings and other financial assets, as well as of the relationship between WWE and smaller businesses in the wrestling world, with critics and supporters cited. The Hill provided a venue for two industry representatives to specify how they hoped McMahon would reform the agency she'd been tapped to lead.

The Senate confirmation hearing began on January 24, 2017; her nomination was approved by the Senate Committee on Small Business and Entrepreneurship on February 1, 2017, with an 18–1 vote, and confirmed by the full Senate on February 14, 2017, by a vote of 81–19. She was officially sworn in as administrator of the SBA on February 14, 2017.

On June 17, 2017, in an interview with CNBC, McMahon stated in her role as administrator of SBA that she is "[l]earning how to develop business plans, how to grow, how to pitch [one's] business when [one is] trying to get investors, or to move into a different market and those are aspects of SBA that are not as well known", as the main goals of the SBA are capital, counseling, contracts and disaster relief. She also stated that the goals were being challenged, as the agency faced a five percent budget cut and future restructuring. “What we have done is look inside SBA, and what I have found is there are some duplicative programs that we are going to be merging.”

Later in 2017, she visited 68 cities to hear from small business owners and to support the Tax Cuts and Jobs Act of 2017 backed by President Trump. On McMahon's first year anniversary as head of the SBA, on January 29, 2018, The Washington Post said the SBA's progress under McMahon had been "so far, so good" and credited her with improving the SBA's offices' emergency call centers in the aftermath of Hurricane Harvey, hiring an additional 3,000 people to work them, and revamping the administration's online presence.

On March 29, 2019, McMahon announced her resignation as administrator of the SBA to join chair America First Action, a pro-Trump Super PAC. The resignation took effect on April 12, 2019.

America First Action, a pro-Trump Super PAC chaired by McMahon, helped raise $83 million for Trump's reelection campaign in 2020. McMahon also serves as chair of the board for America First Policy Institute, along with Vice Chair Larry Kudlow, former director of the National Economic Council under Trump and Fox Business host.

Source

The Art of the (Desperate) Deal! From $99 cologne, to gold sneakers, $75 coffee table books... and even Bibles, TOM LEONARD reveals how truly nothing is sacred in Trump's frantic fundraising fight

www.dailymail.co.uk, April 9, 2024
The Trump Bible costs $59.99, which is getting on for four times what you'd expect to pay for an ordinary King James version. It also comes up for sale just weeks after he unveiled $399 'Never Surrender' sneakers - in gold patent leather and currently sold out, pending a re-stock. His shoe website ('gettrumpsneakers.com') also hawks two cheaper pairs at $199, as well as 'Victory47' cologne and perfume ('47' as in the 47th president if he wins again), bottles of which cost a cool $99. '"Victory" is the signature scent of strength and success, encased in a luxurious gold bottle,' a sales blurb boasts of the cologne, adding that it's designed for 'the movers and the shakers'.

Truth Social, President Donald Trump's Truth Social shares fell by 21% after financial reports revealed that the organization lost $58 million in 2023, but it is still worth $6 billion

www.dailymail.co.uk, April 2, 2024
After falling from $59 at the start of trading on Monday, Trump Media's shares were priced below $50 on Tuesday. In a business that is described as a "meme" stock, Trump was charged a $1 billion paper loss.

According to SEC filings, Trump's Truth Social lost $58 million in 2023 and only made $4 million before its $8 billion estimate was announced

www.dailymail.co.uk, April 1, 2024
Following an FEC report that Truth Social lost $58 million last year, with $4 million in revenue, shares in Trump Media plummeted gradually on Monday morning. The company was still valued at $7.5 billion at current share prices, despite current share prices. Trump owns 57% of the company, with 78 million shares.
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