Money Inc . Money Inc . was a heel professional wrestling tag team in the World Wrestling Federation from February 1992 to August 1993 . The team consisted of " Million Dollar Man " Ted DiBiase and Irwin R . Schyster ( I . R . S . ) . They held the WWF Tag Team Championship three times , defeating the Legion of Doom , The Natural Disasters and The Steiner Brothers for the title . In addition , they had a feud with The Mega - Maniacs ( Hulk Hogan and Brutus Beefcake ) after manager Jimmy Hart left DiBiase and Schyster to side with Hogan and Beefcake . After the team split up , DiBiase and Schyster were reunited in two stables , the Million Dollar Corporation and the New World Order , and have appeared together twice on television during special episodes of " Raw " . Career . Formation . Both DiBiase and Schyster had gimmicks that focused on money . Schyster , whose initials spelled I . R . S . , portrayed an evil tax accountant . DiBiase had used the gimmick of an arrogant millionaire in the WWF since 1987 . He called himself the " Million Dollar Man " and created his own championship belt , the Million Dollar Championship . He was involved in angles that included purchasing the WWF Championship and paying wrestlers and fans to perform demeaning tasks . DiBiase and Schyster formed the tag team of Money Inc . in February 1992 when Jimmy Hart put their names in place of The Natural Disasters ( Earthquake and Typhoon ) on a contract for a WWF Tag Team Championship match against Legion of Doom ( LOD ) . Tag Team Championships . DiBiase and Schyster , managed by Hart , defeated LOD at a house show on February 7 , 1992 to win the title . This title win was unusual for professional wrestling , as Money Inc . had not yet debuted as a team on WWF television programming . In addition , the decision to give the championship belts to Money Inc . was made in a hurry , as LOD ' s Hawk had failed a drug test . The wrestlers were unaware until that night that the title would change hands , and Money Inc . ' s win was not immediately acknowledged on television , as WWF programming was taped in advance . The Natural Disasters , upset by Hart ' s assistance to a rival tag team , fired Hart as their manager and turned face , beginning a feud with Money Inc . over the WWF Tag Team Championship . Money Inc . defended their title against The Natural Disasters at WrestleMania VIII and lost the match by countout . Because titles can only change hands via pinfall or submission , Money Inc . retained the belts . This result repeated itself on television and at house shows . After Hawk ' s suspension ended , the Legion of Doom got a rematch against Money Inc . at SummerSlam 1992 . However , when SummerSlam arrived , Money Inc . had already lost the titles to the Natural Disasters via pinfall on July 20 , 1992 . At SummerSlam , the Legion of Doom won the match when Animal pinned DiBiase . At the October 13 , 1992 Wrestling Challenge taping , Money Inc . faced The Natural Disasters in a rematch for the WWF Tag Team Championship . The match was originally scheduled pitting the Disasters against the Nasty Boys , who were also managed by Hart , but at the last minute , Hart had replaced them with Money Inc . Because of this , the Nasty Boys split with Hart and attacked Money Inc . before the match . Later on , the Headshrinkers interfered on behalf of Money Inc . and helped DiBiase to make Earthquake submit to the Million Dollar Dream , thereby winning Money Inc . the Championship . After the match , the Nasty Boys again attacked Jimmy Hart . At the 1992 Survivor Series , an 8 - man elimination tag team match pitting Money Inc . and the Beverly Brothers against the Natural Disasters and the Nasty Boys was won by the Nasty Boys . This was the only major victory The Nasty Boys got over Money Inc . , as they failed to win the tag team title in several shots on television and at house shows in late 1992 into early 1993 . Feud with Hulk Hogan . On the February 15 , 1993 airing of " Monday Night Raw " , Ted DiBiase wrestled a match against Brutus " The Barber " Beefcake . Beefcake had sustained a real - life injury to his face in 1990 . While Beefcake was wrestling his first match in over three years , DiBiase and Schyster attacked him . DiBiase held Beefcake for Schyster to hit him in the face with the briefcase , but Jimmy Hart repeatedly got in the way before Schyster shoved him out of the ring . I . R . S . then hit Beefcake in the face with the briefcase . Hart justified his face turn by claiming that he felt the need to " step up and do the right thing " and that he " had a change of heart . " Shortly thereafter , Hulk Hogan made his return to WWF television , and he teamed with Beefcake to form The Mega - Maniacs with Hart as their manager . Hogan and Beefcake challenged Money Inc . for the WWF Tag Team Championship at WrestleMania IX . During the match , the referee sustained a kayfabe injury and was knocked unconscious . Hart jumped into the ring , turned his jacket inside - out to reveal black and white stripes similar to a referee ' s shirt , and made the three - count to give the match to The Mega - Maniacs . Hogan , Beefcake , and Hart celebrated by opening Schyster ' s briefcase and throwing his money into the crowd . Ultimately , a second referee appeared and the Mega - Maniacs were disqualified because Hogan used Beefcake ' s steel face protector as a weapon . Final Tag Team Championship . Money Inc . feuded with The Steiner Brothers in the spring of 1993 . At the 1993 King of the Ring , The Steiner Brothers and The Smokin ' Gunns defeated Money Inc . and The Headshrinkers in an 8 - man tag team match . The following day , June 14 , 1993 , the Steiners defeated Money Inc . for the WWF Tag Team Championship . Two days later , Money Inc . regained the titles , only to drop them back to the Steiners three days later . Although Money Inc . received several rematches , they were unable to win the belts back from the Steiners . After failing to regain the WWF Tag Team Championship , Money Inc . went into a feud with Razor Ramon . DiBiase had been making fun of Ramon over his upset loss to the 1 - 2 - 3 Kid , and even offered Ramon a job as his servant . Ramon was furious with DiBiase and turned face during their feud . Soon after , Ramon distracted DiBiase in a match against the 1 - 2 - 3 Kid , causing the Million Dollar Man an embarrassing loss of his own . At SummerSlam 1993 , Razor Ramon defeated Ted DiBiase in what would be DiBiase ' s last WWF match . Later in the event , I . R . S . defeated the 1 - 2 - 3 Kid . DiBiase went on a leave of absence for several months , and Schyster returned to singles competition , feuding with Ramon . Reunions . Mike Rotunda , who portrayed Schyster , and Ted DiBiase continue to be close friends in real life , and they have reunited on several occasions following the disbanding of Money Inc . In 1994 , DiBiase formed the Million Dollar Corporation , a stable of heel wrestlers . Schyster was one of the first wrestlers to join the group and remained in the stable until leaving the WWF in 1995 . In 1996 , DiBiase and Rotunda ( the latter as V . K . Wallstreet ) were briefly together again in World Championship Wrestling as members of the New World Order . Money Inc . made a surprise one - night return at Raw Family Reunion on October 9 , 2006 . Ric Flair had a match against Mitch of the Spirit Squad . All five members of the Spirit Squad were present , so Flair brought out Rowdy Roddy Piper , Money Inc . , and Arn Anderson as his backup . Flair ' s allies kept the Squad in check , enabling Flair to win the match . At the 15th Anniversary special edition of " Monday Night Raw " on December 10 , 2007 , Money Inc . had a brief reunion during a 15 - man over - the - top - rope battle royal . After I . R . S . was the last man standing out of the 14 wrestlers that made it to the ring , DiBiase came out as the 15th entrant and paid I . R . S . to eliminate himself . As a result , DiBiase was named the winner of the match . They were also reunited on an episode of RAW in 2010 where they fought with fellow legends after a match between DiBiase ' s son Ted DiBiase and Christian .