Linda McMahon’s net worth: From WWE to Education Secretary

Linda McMahon was appointed by Trump to oversee the dismantling of the Education Department. Here’s how much she’s worth and how she entered politics.

Mar 21, 2025 - 23:18

Linda McMahon’s net worth: From WWE to Education Secretary

Linda McMahon was sworn in as the 13th Secretary of the Department of Education. Under President Trump’s executive order to eliminate the department, she could be its last.

McMahon took office in early March 2025, and Trump’s administration, within a matter of a couple of weeks, ordered the Education Department to cease operations, which would end more than 40 years of service.

Here’s how much Linda McMahon is worth now and how she moved from the corporate offices to politics.

*Before Linda McMahon became the 13th Education Secretary, she served as the administrator of the Small Business Administration during President Trump’s first term in office.*
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What is Linda McMahon’s net worth?

Linda McMahon’s net worth is tied to that of her husband Vince, who has a net worth of $3.1 billion as of mid-March 2025, according to Forbes. Linda McMahon’s financial disclosure to the U.S. Office of Government Ethics showed she had more than $2 million in assets, mostly in equity and bond funds.

Her financial disclosure lists hundreds of millions of dollars in combined assets with Vince and her two children, including more than $50 million (the minimum amount disclosed) in TKO Group Holdings, which is the parent company of Ultimate Fighting Championship (UFC) and World Wrestling Entertainment (WWE).

Linda and Vince McMahon are founders of WWE, which merged with UFC in 2023.

How much does Linda McMahon earn as Education Secretary?

McMahon, as Education Secretary, has an annual salary of $250,600, the same rate of pay for all Level I positions in the executive schedule.

As such, she joins other wealthy members of Trump’s cabinet who first had lucrative careers in the private sector, including Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick.

Who is Linda McMahon?

Linda McMahon was born in New Bern, North Carolina on August 4, 1948. She married Vince McMahon, about three years her senior, in 1966 shortly after she graduated from high school.

She reportedly remains married to Vince McMahon, but they are legally separated.

WWE career

Vince McMahon is a third-generation wrestling promoter who bought his father’s wrestling company in 1982, and he and Linda transformed it into the global group that became known as WWE. Linda served as CEO of WWE from 1980 through 2009. During her tenure at the entertainment empire’s helm, the company went public in 1999.

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Political career

In 2009, McMahon served a little more than a year on the Connecticut Board of Education. In 2010, she made a run for the U.S. Senate representing Connecticut for the Republican Party, and she made another unsuccessful attempt in 2012.

She also served as the 25th Administrator of the U.S. Small Business Administration (SBA) during Trump’s first term (2017–2021).

After taking over as Education Secretary in early March 2025, she issued a statement in support of Trump’s plan to shut down the department. “My vision is aligned with the President’s: to send education back to the states and empower all parents to choose an excellent education for their children.”

How does Linda McMahon spend her money?

McMahon has supported charitable causes, including donating to nonprofits related to education. Through the Vince & Linda McMahon Family Foundation, millions of dollars have gone toward education policy priorities she had advocated, including charter schools, literacy promotion, and career and technical education, according to EducationWeek, which tracks the K-12 education sector.

McMahon presided over America First Action, a super PAC (political action committee) founded in 2017 that backed candidates in federal office who supported Trump’s policies, according to Ballotpedia.