Forbes.com is reporting that WWE Chairman and CEO Vince McMahon is officially no longer a billionaire after WWE stock went down 40% since the market open after WWE's new television deal with NBCUniversal started to make headlines, more specifically for less than some WWE investors had initially hoped.

WWE stock opened below $11.00 today, even though it closed just below $20.00 on Thursday. This resulted in a $350,000,000 loss for McMahon, whose net worth has now been put at an estimated $750,000,000.

To read the full report from Forbes.com, click here.

UPDATE: Investment Firm Buys Stake In WWE And Makes Swift Demands

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