Dana White is a multimillionaire American businessman and sports ad executive. Most people are familiar with Dana White as the current President of the Ultimate Fighting Championship (UFC), a mixed martial arts organisation.
It’s worth noting that Dana had 9.5% of UFC stock when UFC made an offer to WME in 2016. Previously, he had offered the Fertitta siblings a large portion of the company’s profits.
Dana White Net Worth
Dana 9 percent share of the purchase totaled roughly $360 million after taxes and perceptual charges.
Since assuming the role of UFC president, White has overseen the organization’s transformation from fledgling to colossal, with a market cap in the billions. Despite the fact that White has never competed in the ring, he has had a long history of playing boxing.
Dana White Career
Rather than as a boxer, White began his career as a manager for Tito Ortiz and Chuck Liddell. Bob Meyrowitz, the owner of Semaphore Entertainment Group, the derived organisation of this group, was the next person he encountered.
As soon as White learned that Meyrowitz was planning to sell the UFC, he decided to take advantage of this opportunity by contacting his childhood friend Lorenzo Fertitta, the co-founder of “Station Casinos” and the former commissioner of the “Nevada State Athletic Commission,” to see if he would be interested in purchasing the UFC.
Lorenzo and his elder brother Frank bought UFC in January 2001 for $2 million, and White was appointed president of the organisation as a result of this deal.
Read Also:
Dana White Infancy and Childhood
Dana Frederick White Jr. is White’s full name. On July 28, 1969, he was born in Manchester, Connecticut, USA. He was born to June White (Mother) and Dana White (father) (Father). Kelly is the name of Dana’s younger sister.
The Irish American heritage of White is well-known. After graduating from Hermon High School in Maine in 1987, he began boxing at the age of 17.Dana became a boxing coach after dropping out of college.
As a sports lover, Dana has always been a big admirer of boxing and baseball, as well. White also mentioned that he was threatened by a gangster to whom he owed some money and they said “You Owe Us Money”; hearing this, White became afraid and chose to leave Boston, where he had been living for years.
Dana White Life at Home
Anne is the name of White’s wife, who he married in 1996. Dana III (son) and Savannah (daughter) are the family’s three children. Dana, as a well-known public figure, keeps his private life and that of his family hidden from view.
White is said to have turned his back on his family and friends after becoming the president of the Ultimate Fighting Championship (UFC). White’s mother, June, published “Dana White, King of MMA: My Life and Times in the Octagon” in 2008.
When Dana’s life became unstable and needed support, she wrote a “Unauthorized biography” in which she claimed that Dana had turned his back on them and likewise from his companions.
When the Republican National Convention convened in Cleveland, Ohio in 2016, Dana gave a speech supporting Donald Trump’s candidacy.
Dana White Intangible Assets
The president of the Ultimate Fighting Championship, Dana White, has a net worth of $500 million, making him one of the wealthiest Americans (UFC).
He was able to increase his net worth to a considerable extent; White now owns a string of enormous mansions, including one he bought from Frank Fertitta III for $1.95 million in 2006, as well as three additional houses in the same area of Las Vegas for a total of around $6.2 million.
In spite of this, White was planning on building an enormous estate for his family. As a result of his lavish lifestyle, White has reportedly given away roughly $1.3 million in charitable donations.
Read Also:
Conclusion
When White friends helped him become one of the most successful businessmen in America, he was able to stabilise himself and begin the process of becoming a more stable person. As a result of his work ethic and perseverance, he kept grinding away and made the most of every opportunity that came his way.
A derivative organisation (UFC), a full-fledged world-leading combat sports organisation, became a multibillion-dollar enterprise under White’s leadership, making him multimillionaires. “Nevada Sportsman of the Year” in 2009; World MMA’s “Leading Man of the Year” award; and Armed Forces Foundation’s “Patriot” award are just a few of the accolades White has received over his career.