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Dana Frederick White Jr. (born July 28, 1969) is an American businessman and the current President of the Ultimate Fighting Championship (UFC), which is the largest mixed martial arts (MMA) organization in the world. Under White's leadership, the UFC has grown into a globally popular multibillion-dollar enterprise.
In August of 2019, White's net worth was estimated at $500 million.
UFC
While working as a manager for Ortiz and Liddell, White met Bob Meyrowitz, the owner of Semaphore Entertainment Group, the parent company of the Ultimate Fighting Championship. When White learned that Meyrowitz was looking to sell the UFC, he contacted childhood friend Lorenzo Fertitta, an executive and co-founder of Station Casinos, and former commissioner of the Nevada State Athletic Commission, to ask if he would be interested in acquiring the company. In January 2001, Lorenzo and his older brother Frank acquired the UFC for $2 million, which subsequently became a subsidiary of Zuffa. White was installed as the company's president.
White said that when he and the Fertittas acquired the UFC, all they received was the brand name "UFC" and an old octagon. The previous owners had stripped the company's assets to avoid bankruptcy, so much so that the UFC.com website had been sold to a company named "User Friendly Computers". Over time, with White as president, the UFC developed into a highly successful business, and its gross revenue was $600 million in 2015. In July 2016, Zuffa was sold to a consortium of investors led by WME-IMG for $4.025 billion. White owned 9% of the company at the time of the sale. White announced he would continue in his role as president,[19] and was given a stake in the new business.
In May 2017, the UFC announced White would host Dana White's Contender Series. Available exclusively through UFC Fight Pass, the promotion's digital streaming service, and licensed separately from the UFC brand, the show allows up and coming fighters the chance to showcase their talents in hopes that one day they may compete in the UFC.
On March 18, 2019, White revealed that he had signed a new, seven-year contract to remain president of the UFC, as the UFC signed a deal with ESPN.
Boxing
White entered the boxing scene by co-promoting Floyd Mayweather Jr. vs. Conor McGregor due to McGregor being contracted to the UFC. In October 2017, White said at Freddie Roach's Wild Card West boxing club that he was "getting into boxing, 100 percent." White says that he wants to incorporate boxing into the company portfolio of the UFC.