Dana White Net Worth 2022: How Much Did He Pay for the UFC?
Dana White Net Worth: The president of the top MMA organization in the world is Dana White, one of the Top 5 UFC fighters of all time. In addition to the UFC, Dana White has dabbled in several other sectors during his career.
He helped with the 2017 boxing match promotion for Mayweather-McGregor. He also founded Dana White’s Contender Series, a distinct entity from the UFC that was formerly known as Dana White’s Tuesday Night Contender Series.
Dana White is now regarded as a cultural figure among fight fans. From being a bellhop to one of the world’s most aggressive, intelligent, and successful businessmen, the UFC titan soared up the ranks. Without White, the UFC would likely not have existed in its current form.
The company would not have been as successful as it is today. Without question, White made a considerable contribution to the UFC’s success.
Dana White Early Life
White was born to June and Dana White in Manchester, Connecticut. For most of their childhoods, their mother and her family reared him and his sister, Kelly. American of Irish descent, White.
At the age of 17, he started boxing. He graduated from Hermon High School in 1987 in Maine. Both times he attempted to enroll in college—once at Quincy College and once at UMass Boston—he dropped out in the first semester. After that, White worked as a boxing coach.
Many of White’s formative years were spent in Ware, Massachusetts. He claimed that mobster Whitey Bulger and his partner Kevin Weeks threatened him, so he fled Boston for Las Vegas. “To put it simply, he replied, “You owe us money.”
You owe us money, it stated, and it was something like $2,500, which at the time was roughly equal to $25,000. It was Kevin Weeks, who serves as Whitey’s right-hand man. He said I owed him money, and although I’m sure he plays a big part in the film, I didn’t pay him.
This continued for some time, and one day I was at home when I received a call from them demanding payment by tomorrow at 1:00. I instantly grabbed up the phone after hanging up, contacted Delta, and purchased a ticket to Vegas.”
White continued to operate his boxercise business in Las Vegas and started playing ground games with the Fertitta brothers under John Lewis. Lewis first met Tito Ortiz and Chuck Liddell during their practices, where he later worked as their manager.
Dana White Personal Life
Since 1996, White has been wed to his wife, Anne. When they were in eighth grade, the two became friends. Aidan and Dana III, two sons, and Savannah, a daughter, round out the family. White values the privacy of his family.
White revealed in May 2012 that he had been diagnosed with Ménière’s illness, a neurological condition that White alleges was caused mainly by a fight he participated in as a young person. White fervently supported Donald Trump during his first presidential run, even making a speech at the Cleveland, Ohio, Republican National Convention in 2016.
White spoke at rallies and in interviews to discuss how Trump was one of the UFC’s early backers and allowed one of its first significant events to be staged at one of his properties during the 2020 campaign for the president’s reelection.
The daughter of one of Tiger Muay Thai’s instructors, Tuptim Jadnooleum, received a liver transplant in 2010 thanks to a $50,000 donation from White. White gave his former high school $100,000 in 2011 for improvements.
Dana White Career
White continued his education at the University of Massachusetts, although he did not complete it. While he was there, he established a boxing program for inner-city kids who are in danger. He also started teaching aerobics during this time to make a living.
Eventually, he moved permanently to Las Vegas and founded Dana White Enterprises in 1992. He started managing Chuck Lidell and Tito Ortiz fighters around this time. White kept broadening his views by exploring different combat philosophies, such as Muay Thai and mixed martial arts, ultimately defining the Ultimate Fighting Championship.
Fortunately for White, he had spent his formative years with Lorenzo Fertitta, a former high school classmate who had succeeded as an executive at Station Casinos. At a wedding in the middle of the 1990s, the two met up again and reconnected over their passion for boxing. They also expressed their desire to collaborate in the future.
White got involved in disagreements with the UFC while overseeing athletes. He discovered that Semaphore Entertainment Group, the organization that owns the UFC, was insolvent after investigating its financial situation.
— danawhite (@danawhite) September 14, 2022
White approached Lorenzo Fertitta, a childhood acquaintance, about making an offer after hearing the news. Lorenzo made a contract to purchase the UFC after realizing the potential wealth. Additionally, Lorenzo encouraged his older brother Frank to join in the fun.
The Fertitta brothers invested $2 million to acquire 81% ownership in the UFC in 2001. They swiftly named White president. Since purchasing the UFC, White and his staff have taken the once-barbaric and criminal organization and transformed it into a global sensation.
Even after the company was sold, White has carried on in her role as president. He has successfully grown the sport’s following and made it into a multibillion-dollar industry. White would be the host of a program named Dana White’s Contender Series, the UFC revealed in May 2017.
Only UFC Fight Pass, the company’s digital streaming service, offers access to the program. It features up-and-coming fighters and gives them the chance to demonstrate their abilities in the hopes that they can one day join the UFC. On March 18, 2019, White disclosed that he had signed a seven-year contract with ESPN to continue serving as the UFC president.
Dana White’s Net Worth And Salary
Dana White is a $500 million businessman and sports promoter from the United States. Most people are familiar with Dana White as the President of the Ultimate Fighting Championship (UFC), a mixed martial arts league.
Dana held 9% of UFC’s sales to William Morris Endeavor (WME) in 2016 for $4 billion. He had earlier sold the Fertitta brothers the majority (billionaire casino magnates). Dana received 9% of the deal or about $360 million after taxes.
The Ultimate Fighting Championship, which staged bloody contests prohibited or uncontrolled in many places, was established in 1993 and is now known as the UFC. The promotion was bought by the Fertitta brothers and White, a buddy from high school, for $2 million in 2001.
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