Sunday, November 28, 2021

WYNN stock: Founder of Wynn resorts

#358 Steve Wynn

Cofounder, Wynn Resorts 

REAL TIME NET WORTH

$3.3B
  • Steve Wynn created some of Las Vegas' most notable casinos, including The Mirage, Treasure Island, Bellagio and Wynn Las Vegas.
  • He resigned as Wynn Resorts' chairman and CEO in February 2018 after dozens of women accused him of sexual misconduct; Wynn denies the allegations.
  • Wynn cofounded Wynn Resorts with his then-wife, Elaine Wynn, in 2002. They later divorced. She is now the largest shareholder in the casino company.
  • He battled for years with Elaine over their divorce agreement and with former partner Kazuo Okada, whom he accused of bribery; Okada denied it.
  • Son of an East Coast bingo parlor operator, Wynn took over the struggling business upon his father's death and moved into Las Vegas casinos in 1967.
  • At 15, Wynn sold Good Humor ice cream bars from a bicycle.

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