When was the world wrestling entertainment found?

When was the world wrestling entertainment found?
1952A Wrestling Promotion Called Capitol Wrestling Was Created By Roderick McMahon And During This Business His Wife Gave Birth To Vincent J. McMahon (Vince K. McMahon's Dad) And Was Later Brought Into The Capitol Wrestling And Was Taught About Booking Fights And Promotion ETC. Vince Later Took The Capitol Wrestling And Created It Into The World Wrestling Federation. He Then Sold The Business To His Son Vincent K. McMahon in 1971.Rumour Has It That Shane McMahon, Stephanie McMahon & Paul Levesque (Triple H) Are Next In Line For The Business