| 1 | Hulk Hogan 3x WWF Champion — Gulf War Hero Hulk Hogan was WM7's primary babyface — defeating the Iraqi sympathizer Sgt. Slaughter for his third WWF World Heavyweight Championship in the patriotic main event. | Main Event Babyface — WWF Title Challenger | Won WWF Championship — 3rd reign | WWE Hall of Famer 2005 | Gulf War patriotic hero vs. Iraqi sympathizer villain |
| 2 | The Undertaker WM Debut — Streak Begins at 1-0 The Undertaker (managed by Paul Bearer) made his WrestleMania debut at WM7 against Jimmy Snuka — beginning the most famous streak in professional wrestling history. | WM Debut — Singles Match vs. Jimmy Snuka | WIN — Streak begins 1-0 | WWE Hall of Famer 2022 | — |
| 3 | Randy Savage Macho King — Retirement Match — Elizabeth Reunion Randy Savage competed in the Retirement Match against The Ultimate Warrior at WM7 — losing and being officially 'retired' before the most celebrated non-match moment in WM7 history when Miss Elizabeth came to his aid. | Retirement Match participant — Macho King character | Lost Retirement Match to Ultimate Warrior | WWE Hall of Famer 2015 (posthumous) | — |
| 4 | Miss Elizabeth The Most Important Non-Competitor at WM7 Miss Elizabeth was not listed as an active competitor at WM7 — but her presence at ringside and her intervention to save Savage from Sherri's attack made her the most emotionally significant participant of the entire event. | Ringside — non-competitor — decisive emotional moment | — | — | — |
| 5 | Ultimate Warrior Retirement Match Winner — Career Definer The Ultimate Warrior defeated 'Macho King' Randy Savage in the Retirement Match at WM7 — a career-defining victory often cited as Warrior's best in-ring performance. | Retirement Match Winner | Defeated Savage in 20:43 | WWE Hall of Famer 2014 | — |
| 6 | Bret Hart Hart Foundation — Tag Title Loss — Solo Career Begins Bret Hart competed at WM7 as part of The Hart Foundation — losing the WWF Tag Team Championship to The Nasty Boys, a title loss that effectively ended the Hart Foundation and launched Bret's landmark solo career. | Hart Foundation — Tag Title Defense | Lost WWF Tag Title to Nasty Boys | WWE Hall of Famer 2006 (three-time inductee) | — |
| 7 | Shawn Michaels The Rockers — Final WM as a Team Shawn Michaels competed in his second WM as part of The Rockers at WM7 — the final WrestleMania for The Rockers as a tag team, winning their opening match against Haku and The Barbarian. | The Rockers — Second WM Appearance | Win with Jannetty over Haku & Barbarian | WWE Hall of Famer 2011 — Mr. WrestleMania | — |
| 8 | Regis Philbin Celebrity Commentator — Live with Regis Host Television host Regis Philbin served as a celebrity ringside commentator and interviewer at WM7 — one of three celebrity guests at the event. | Celebrity Guest Commentator/Interviewer | — | — | — |
| 9 | Alex Trebek Celebrity Interviewer — Jeopardy! Host Alex Trebek, host of Jeopardy!, served as a celebrity interviewer at WM7 — famously calling Gene Okerlund 'Jim' in a backstage interview segment. | Celebrity Interviewer | — | — | — |
| 10 | Marla Maples Donald Trump's Girlfriend — Celebrity Guest Marla Maples — Donald Trump's girlfriend and future wife — appeared at WM7 as a celebrity guest, continuing the WWF's association with Trump's inner circle. | Celebrity Guest | — | — | — |