Categories: Celebrities

Dana White’s Net Worth, Career And Other Details!

Dana Frederick White Jr. was born in Manchester, Connecticut, on July 28, 1969. He is June and Dana White’s son. His mother and grandparents were mainly able to raise Dana and his sister Kelly. He spent his formative years traveling back and forth between Maine and Las Vegas. White is a devoted supporter of the Boston Red Sox baseball team and spent a lot of his youth participating in sports, especially boxing. In 1987, he received his high school diploma from Maine’s Hermon.

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 at danger. He also started teaching aerobics during this time to make a living. Eventually, he moved permanently to Las Vegas, where he 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, which would ultimately come to define the Ultimate Fighting Championship.

Fortunately for White, he had spent his formative years with Lorenzo Fertitta, a former high school classmate who had achieved success 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 of boxing. They also expressed their desire to collaborate in the future.

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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 their financial situation. White approached Lorenzo Fertitta, a childhood acquaintance, about making an offer after hearing the news.

Lorenzo made a contract to purchase the UFC after instantly realizing the potential wealth. Additionally, Lorenzo encouraged his older brother Frank to join in the fun. The Fertitta brothers invested $2 million in total to acquire an 81 percent ownership stake in the UFC in 2001. They swiftly named White president. Since purchasing the UFC, White and his staff have taken the once-barbaric and illegal organization and transformed it into a global sensation.

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Even after the company was sold, White has carried on in her role as president. He has been successful in growing the sport’s following and making 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 provides them with 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 new, seven-year contract with ESPN to continue serving as the UFC president.

What Is Dana White’s Net Worth?

Having a $500 million net worth, Dana White is an American entrepreneur and sports promoter. The Ultimate Fighting Championship (UFC), a company involved in mixed martial arts, is where Dana White is most well-known.

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In 2016, Dana controlled 9% of the company when it was sold to William Morris Endeavor (WME) for $4 billion. To the Fertitta brothers, he had earlier sold the majority (billionaire casino magnates). Dana received about $360 million, after taxes, as his 9% share in the transaction.

White attended Hermon High School in Maine, where he met his wife Anne. 

They got married in 1996 and have three children: Savannah, Dana III, and Aidan.

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Dinky Baweja

Dinky is a writer and journalist who is enthralled by the entertainment industry in all of its forms. She has a master's degree in mass communication and lives in the Rocky Mountains with her husband, a perfectly behaved dog, and a child who never stops asking questions. Dinky is working as a writer, content manager, and editor at NewsandUpdate.com, where she has over 4 years of expertise.

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