Vince McMahon, Sr.
father of current WWE head, Vince McMahon, learned
the wrestling business from his own father, Jess McMahon,
a wrestling and boxing promoter based in New York.
Vince, Sr. played in Madison Square Garden as a child,
accurately believing that, in some way, the building
belonged to him.
1963 after many successful years of presenting
shows in the northeastern United States -- McMahon
and his partner, Toots Mondt, broke away from a national
confederation of wrestling promoters, and officially
formed WWE. In the days of regional wrestling territories,
WWE was the largest, stretching from Maine to Washington,
time, the organization gained so much respect that
McMahons former rivals again coveted him as
a business associate. Meanwhile, the distinguished
business titan was schooling his son on the fine points
of the industry. But when the elder McMahon sold his
company to Vincent Kennedy McMahon and daughter-in-law,
Linda McMahon, in 1982, both sports and entertainment
were altered more than anyone ever imagined.
(Credit: WWE official
website - Hall Of Fame)