Steve Wynn

Date of Birth: January 27, 1942

Zodiac Sign: Aquarius

Biography

Stephen Alan Wynn, commonly known as Steve Wynn, is an American real estate businessman and art collector. Born on January 27, 1942, in New Haven, Connecticut, Wynn is best known for his significant contributions to the luxury resort and casino industry, particularly in Las Vegas and Macau. He is credited with transforming the Las Vegas Strip with his pioneering developments like The Mirage, Treasure Island, Bellagio, Wynn, and Encore. Wynn took over his family’s bingo business after his father’s death, which laid the foundation for his future endeavors in the gaming industry. In the 1970s, he acquired a controlling interest in the Golden Nugget Las Vegas, which he transformed into a luxurious casino resort. His innovative approach to casino design and management set new standards for the industry. In 1989, Wynn opened The Mirage, the first new resort on the Las Vegas Strip in 16 years, which featured a volcano attraction and lush tropical environment. This was followed by the pirate-themed Treasure Island and the opulent Bellagio, known for its iconic fountains and art collection. Wynn continued his legacy with the development of Wynn Las Vegas and its adjacent property, Encore. Despite his business success, Wynn faced legal and personal controversies, particularly regarding allegations of sexual misconduct, which led to his resignation as CEO of Wynn Resorts in 2018 and the sale of his company shares.

5 Interesting Facts about Steve Wynn

1. Steve Wynn is an avid art collector and has owned works by masters such as Picasso, Rembrandt, and Vermeer.

2. He suffers from retinitis pigmentosa, a degenerative eye condition that affects his peripheral vision.

3. Wynn was a major donor to political campaigns and causes, contributing to both Democratic and Republican candidates over the years.

4. The Bellagio Fountains, one of his creations, have become an iconic symbol of the Las Vegas Strip.

5. Wynn played a crucial role in the revitalization of downtown Las Vegas with his transformation of the Golden Nugget.

5 Most Interesting Quotes from Steve Wynn

1. “The greatest reward in life is to be able to hire and work with people better than you.”

2. “Money doesn’t make people happy. People make people happy.”

3. “Every production of an artist should be the expression of an adventure of his soul.”

4. “Las Vegas is sort of like how God would do it if he had money.”

5. “If you know how to spend less than you get, you have the philosopher’s stone.”

Highest Net Worth Achieved

At his peak, Steve Wynn’s net worth was estimated to be around $3.1 billion.

Children

Steve Wynn has two daughters, Kevyn Wynn and Gillian Wynn Early, from his first marriage to Elaine Farrell Pascal. Both have been involved in philanthropic activities and have occasionally been in the public eye due to their father’s high-profile career.