Linda McMahon, the former World Wrestling Entertainment chief executive whom President-elect Donald Trump has tapped to run the Small Business Administration, built her billion-dollar corporate empire by crushing many of WWE’s smaller competitors.
Trump has claimed that McMahon helped grow WWE from a “modest 13-person operation to a publicly traded global enterprise with more than 800 employees in offices worldwide” ― a statement that appears word-for-word on McMahon’s personal website.
But the real story is more complicated — and controversial.
The World Wrestling Federation, which later became WWE, and that McMahon had a hand in running for nearly three decades, was not exactly a small business when she and her husband, Vince, took it over from Vince’s father in 1982, said Dr. Scott Beekman, a historian at the University of Rio Grande and the author of Ringside: A History of Professional Wrestling in America.
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