Dana White is a businessman and sports promoter. He is known for becoming the current President of the Ultimate Fighting Championship (UFC) which is a mixed martial arts organization. What is Dana White net worth? Here, we will reveal it for you together with the other information about him.
Dana White Net Worth
It is known that Dana White net worth is $500 million. As explained above that Dana White is known because he is the current President of the Ultimate Fighting Championship (UFC). In 2016, UFC was sold to William Morris Endeavor (WME), Dana White had 9% of the company. Previously he had sold the majority to the Fertitta brothers and there was a report that Fertitta brothers were in talks to sell the UFC for $6 billion. In July 2016, there was a confirmation that UFC had been sold to talent agency WME-IMG for $4 billion. If we count after taxes, 9% of Dana cut from the sale was about $360 million.
Early Life of Dana White
Dana White has the real name namely Dana Frederick White Jr. He was born on July 28th, 1969 in Manchester, Connecticut. His parents are June and Dana White. He and his sister named Kelly were raised by their mother and her family for their childhoods. He has said that he is an Irish American.
When he was 17 years old, he started boxing. In 1987, Dana White graduated from Hermon High School in Maine. He began college twice. Once he went to Quincy College and once he went to UMass Boston. However, during his first semester, he dropped out each time. After that, he decided to work as a boxercise coach.
Dana White spent a lot of his early years in Ware, Massachusetts. There was a claim from him that he left Boston for Las Vegas after he was threated by mobster Whitey Bulger and his associate Kevin Weeks.
Dana White Career
Dana White decided to be a student of University of Massachusetts. However, he did not finish it. He opened a boxing program for at-risk kids in the inner city when he was there. Besides, he also became an aerobics instructor to make a living. Finally, he moved to Las Vegas. In 1992, he founded Dana White Enterprises.
Around this time, he started to manage fighters Chuck Lidell and Tito Ortiz. He went on to expand into other styles of fighting such as Muay Thai, and Mixed Martial Arts.
Dana White had grown up with Lorenzo Fertitta. He was a former high school classmate who was popular as an executive at hotel and casino company Station Casinos. They reunited and bonded because they both love boxing. So, they stated that they hoped to be able to work together in the future.
When Dana White was managing fighters, he was involved in disputes with the UFC. He looked into the finances of Semaphore Entertainment Group which was the parent company of the UFC and he found that they were going broke. When he was learning this news, he came to Lorenzo Fertitta and talked about making an offer.
Lorenzo could see the profit so that he made a deal to purchase the UFC. On this action, Lorenzo also invited his older brother, Frank, to get in. $2 million was paid by the Fertitta brothers in 2001 for an 81% ownership stake in the UFC. Immediately, they selected White as the president.
Years after purchasing the UFC, Dana White and his team have taken the organization. Formerly, it used to be seen as illegal and barbaric, but then he turned it into an international phenomenon. He has continued to work as president and even after the company was sold. By his leadership, the popularity of the sport has increased. Not only that, he has turned it into a multi-billion dollar business.
In May 2017, The UFC made an announcement that Dana White would be the host of a show named Dana White’s Contender Series. This show can only be watched on UFC’s digital streaming service, UFC Fight Pass. In this show, people are able to watch up and coming fighters. They are given the chance to show their skills in this show so that they may be able to reach UFC one day.
On March 18th, 2019, Dana White stated that he had signed a new contract for seven years with ESPN to remain the UFC president.
Dana White Personal Life
Since 1996, Dana White has gotten married to Anne. They met when they were in the eighth grade. They has two sons namely Aidan and Dana III and also a daughter named Savannah.
In May 2012, Dana White made an announcement that he had been diagnosed with a neurological disorder or known as Ménière’s disease. According to Dana White, it was caused because of a fight that he participated in when he was young.
Charity Which Was Done By Dana White
Dana White has donated a lot of money for charity as you are able to see in the list below.
- In 2010, he gave a donation of $50,000 for a liver transplant to Tuptim Jadnooleum, the daughter of “Kru Nai” Rattanachai who is one of the instructors for Tiger Muay Thai and MMA in Phuket, Thailand.
- In 2011, he gave a donation for his former high school to fund renovations to the athletic facilities. The donation was $100,000.
- In 2017, he gave a donation of $1 million. This donation was aimed for the victims of the Las Vegas shooting.
- In 2019, Dana White also gave a donation of $100,000 to the Poirier’s charity foundation. It was after UFC 242, Khabib Nurmagomedov collected $100,000 for Dustin Poirier’s charity, The Good Night Fight Foundation.
Dana White got a number of achievements as you are able to see in the list below.
- He won Nevada Sportsman of the Year in 2009.
- He won Wrestling Observer Newsletter Awards as Promoter of the Year in 2005 to 2013 and also 2015 to 2016.
- He won Leading Man of the Year at World MMA Awards in 2008 to 2019.
- He won the Patriot Award at the Armed Forces Foundation.