McMahon has completed a number of WWE-related ventures. WWE also purchased the assets of the defunct Extreme Championship Wrestling (ECW) in 2003. WWE then faced industry competition from World Championship Wrestling (WCW) in the 1990s before purchasing and absorbing WCW in 2001. This led to the development of the annual event WrestleMania, which became one of the world's most successful professional wrestling events. McMahon graduated from East Carolina University with a degree in business in 1968, and began his tenure in professional wrestling as a commentator for WWE (then called the World Wide Wrestling Federation or McMahon, in 1982 and almost monopolized the industry, which previously operated as separate entities across the United States.
He is also the founder and owner of Alpha Entertainment, which he established in 2017 to oversee the 2020 revival of the XFL, an American football league. McMahon previously served as chairman, CEO, and controlling shareholder of WWE for 40 years. He is a co-founder of the modern WWE, the world's largest professional wrestling promotion, and is the current Executive Chairman of the promotion's parent company TKO Group Holdings. Vincent Kennedy McMahon ( / m ə k ˈ m æ n/ mək- MAN born August 24, 1945) is an American businessman, media proprietor, sports executive, and professional wrestling promoter.
