The Ultimate Fighting Championship (UFC), a large mixed martial arts company, is presided over by American businessman Dana Frederick White Jr. (born July 28, 1969).
White’s net worth was reported at $500 million as of August 2019.
White met Bob Meyrowitz, the owner of Semaphore Entertainment Group, the parent company of the Ultimate Fighting Championship while working as a manager for Ortiz and Liddell. When White learned that Meyrowitz was considering selling the UFC, he contacted a childhood friend, Lorenzo Fertitta (an executive and co-founder of Station Casinos, as well as a former commissioner of the Nevada State Athletic Commission), to see if he would be interested in purchasing the organization. Lorenzo and his older brother Frank purchased the UFC for $2 million in January 2001, and it later became a subsidiary of Zuffa. White was appointed president of the corporation.
When White and the Fertittas bought the UFC, all they got was the brand name “UFC” and an old octagon. The former proprietors had sold the UFC.com website to a business called “User-Friendly Computers” in order to avoid bankruptcy. With White as president, the UFC grew into a tremendously profitable business, with a gross income of $600 million in 2015. Zuffa was sold to a consortium of investors led by WME-IMG in July 2016 for $4.025 billion. At the time of the sale, White controlled 9% of the company. White retained his position as president and was given a stake in the new company.
What ethnicity is Dana White?
Childhood and education. On July 28, 1969, White was born in Manchester, Connecticut, to June and Dana White Sr. He is of Irish descent.
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