Lex Luthor is based, not the least bit subtly, on Vince McMahon Jr., the owner of World Wrestling Entertainment.

Vince McMahon is a larger-than-life person (character?)--utterly titanic, charismatic, ruthless, indeed a megalomaniac. He is, in fact, likely more villainous than the AU version of Luthor.
Things both McMahon and Luthor are going to be accused of: criminal negligence.
Things McMahon has been accused of that Luthor is NOT going to be accused of: sexual harassment, sexual assault, encouraging steroid and painkiller abuse that shortened the lives of his workers, allowing gay writers to prey on young wrestlers (in all cases he was either found not guilty or settled out of court). Mind you, McMahon would shrug and say such allegations are the price of power and fame.
He's also famous for pretty much single-handedly destroying the old "territory" system of wrestling, creating a near-monolithic entity in the WWE. He inherited the northeastern territory from his father, but through a combination of canny marketing and borderline-unethical business dealings, slowly drove nearly everyone else out of business.
While he runs the company, he also "plays a character" of the Chairman of the Board, Vince McMahon--an over-the-top megalomaniac villain who abuses and torments his employees. Here's his amazing entrance theme:
( I've slipped up and called Lex Vince and vice versa when discussing them with my beta. )

Vince McMahon is a larger-than-life person (character?)--utterly titanic, charismatic, ruthless, indeed a megalomaniac. He is, in fact, likely more villainous than the AU version of Luthor.
Things both McMahon and Luthor are going to be accused of: criminal negligence.
Things McMahon has been accused of that Luthor is NOT going to be accused of: sexual harassment, sexual assault, encouraging steroid and painkiller abuse that shortened the lives of his workers, allowing gay writers to prey on young wrestlers (in all cases he was either found not guilty or settled out of court). Mind you, McMahon would shrug and say such allegations are the price of power and fame.
He's also famous for pretty much single-handedly destroying the old "territory" system of wrestling, creating a near-monolithic entity in the WWE. He inherited the northeastern territory from his father, but through a combination of canny marketing and borderline-unethical business dealings, slowly drove nearly everyone else out of business.
While he runs the company, he also "plays a character" of the Chairman of the Board, Vince McMahon--an over-the-top megalomaniac villain who abuses and torments his employees. Here's his amazing entrance theme:
( I've slipped up and called Lex Vince and vice versa when discussing them with my beta. )