60 Facts About Steve Wynn


Stephen Alan Wynn is an American real estate developer and art collector.


Steve Wynn was known for his involvement in the luxury casino and hotel industry, prior to being forced to step down.


In 2000, Steve Wynn sold his company, Mirage Resorts, to MGM Grand Inc.


In 2006, Steve Wynn was inducted into the American Gaming Association Hall of Fame.


Steve Wynn collects fine art, including pieces by artists such as Picasso and Claude Monet.


Steve Wynn was born Stephen Alan Weinberg in New Haven, Connecticut, on January 27,1942.


Steve Wynn was raised in Utica, New York, and graduated from The Manlius School, a private boys' school east of Syracuse, New York, in 1959.

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Steve Wynn received his Bachelor of Arts in English literature from the University of Pennsylvania, where he was a member of the Sigma Alpha Mu fraternity.


Steve Wynn relinquished a position at Yale Law School to take charge of his family's bingo parlor in Waysons Corner, Maryland.


In 1971, Steve Wynn bought a controlling interest in the Golden Nugget Las Vegas, one of the oldest casinos in the city.


Frank Sinatra was a periodic headliner at the Golden Nugget, and Steve Wynn has since maintained a relationship with the Sinatra family, even naming a restaurant at Encore "Sinatra".


In 1980, Steve Wynn began construction on the Golden Nugget Atlantic City in Atlantic City, New Jersey.


Steve Wynn sold the Atlantic City Golden Nugget in 1987 for $440 million.


In 1995, Steve Wynn's company proposed to build the Le Jardin hotel-casino in the marina area if the state of New Jersey built a road that connected to the hotel-casino.


Steve Wynn had agreed to allow Circus Circus Enterprises and Boyd Gaming to build casinos on the site, but later reneged on the agreement.


On October 15,1998, Steve Wynn opened the even more opulent Bellagio, a $1.6 billion resort considered among the world's most spectacular hotels.


Steve Wynn brought Mirage Resorts' style to Biloxi, Mississippi, in 1999, where he oversaw development of the 1,835-room Beau Rivage.


Beau Rivage was originally the name Steve Wynn wanted to give the Bellagio, though he had decided on Bellagio after vacationing in the Italian region of the same name.


Five weeks before the deal was closed Steve Wynn purchased the Desert Inn for $270 million.


Steve Wynn became a billionaire in 2004, when his net worth doubled to $1.3 billion.


In 2008, Steve Wynn Macau became the fifth Asian hotel to receive the Mobil Five-Star award.


In 2016, Steve Wynn opened the Steve Wynn Palace in Cotai, Macao, PRC.


In September 2014, Steve Wynn was awarded the license to build the Steve Wynn Boston Harbor casino in the eastern Massachusetts city of Everett, near downtown Boston.


On February 6,2018, Steve Wynn stepped down as CEO of Steve Wynn Resorts, though he denied all allegations.


Between 2012 and 2018, Steve Wynn contributed more than $2.5 million to the Republican Governors Association and donated $411,000 to the National Republican Senatorial Committee, $248,000 to the Republican National Committee, and $100,000 to the National Republican Congressional Committee.

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In 2016, Steve Wynn donated $833,000 to Republican Party joint fundraising committees.


In October 2017 The Wall Street Journal reported that Steve Wynn, who has financial interests in China, lobbied President Trump on behalf of the Chinese government to return a Chinese dissident, Guo Wengui, to China.


In May 2021, the Department of Justice ordered Steve Wynn to register as a foreign agent of China, and filed a civil lawsuit.


Steve Wynn denied acting as a foreign agent and lobbying on China's behalf.


The court did not determine whether Steve Wynn actually acted as a foreign agent, but ruled that he could not be retroactively compelled to register after his alleged relationship with the Chinese government had ended.


Steve Wynn is known for amassing a large collection of fine art, often placing the pieces in his various casinos and hotels.


In 2004, Steve Wynn purchased Vermeer's A Young Woman Seated at the Virginals at a Sotheby's auction for $30 million.


Steve Wynn later sold the painting to the Leiden Collection owned by Thomas Kaplan for the same price.


Steve Wynn purchased the painting from the St Francis of Assisi Foundation, a White Plains-based nonprofit organization that supports Capuchin priests on their missionary trips.


In May 2014, Steve Wynn acquired Popeye from the same artist for over $2 million, putting the work on display at Steve Wynn Las Vegas.


In February 2020, Steve Wynn bought two Picasso paintings from Donald Marron's collection for $105 million: Woman with Beret and Collar and Jacqueline.


Steve Wynn purchased the painting from an anonymous collector in a private sale in 2001.


Steve Wynn sued his insurance company over the $54 million difference with the virtual selling price.


In 2013, Wynn sold Le Reve to Steven A Cohen for $155 million.


Elaine Steve Wynn was a director of the company's board for 13 years, ending in 2015.


Kevyn was kidnapped in 1993 and Steve Wynn paid $1.45 million in ransom for her safe return.


Steve Wynn is the mother of Alex Hissom and art gallerist Nick Hissom, great-niece of Ben Novack, and cousin of Ben Novack Jr.


Steve Wynn suffers from the degenerative eye disease, retinitis pigmentosa, which he was diagnosed with in 1971.


In 2010, Steve Wynn switched to a vegan diet after watching the documentary Eating by Mike Anderson.


In November 2006, Steve Wynn was inducted into the American Gaming Association Hall of Fame.

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Steve Wynn was named to Institutional Investor's Best CEOs list in the All-America Executive Team Survey from 2008 through 2011.


In November 2014, Steve Wynn ranked 17th on Harvard Business Review's list of 100 best-performing CEOs in the world.


Steve Wynn filed suit against Trump and Gomes for breach of contract, as Gomes was contracted to work at the Nugget until 1992.


Also in 1991, Gomes alleged in a countersuit that Steve Wynn used harsh language against Gomes, but Steve Wynn's representatives denied the allegations.


In 1997, Wynn sued Barricade Books for defamation over the catalog description of an unauthorized biography Running Scared by John L Smith.


Steve Wynn was initially awarded $3.2 million, forcing Barricade into bankruptcy.


In February 2012, Clark County, Nevada, judge Mark Denton ruled that Francis damaged the reputation of Steve Wynn and awarded Steve Wynn $7.5 million in damages.


In September 2012, after Francis repeated the alleged threat on television and Steve Wynn added a second defamation claim, a jury awarded Steve Wynn $40 million in compensatory and punitive damages.


The judgment was amended to $19 million, after Steve Wynn failed to prove that Francis could pay the original amount.


Steve Wynn later accused Okada's company, Aruze, of violating the Foreign Corrupt Practices Act, leading to a Department of Justice probe into Aruze's gifts of hotel rooms and other expenses to Philippine, South Korean, and Japanese gaming officials.


Steve Wynn's lawsuit was dismissed, with US District Judge William Orrick III ruling that Chanos's remark was constitutionally protected speech.


Steve Wynn has sought to weaken Nevada's anti-strategic lawsuit against public participation legislation.


Steve Wynn has publicly clashed with Yelp over the issue.


One accusation came from a manicurist whom Steve Wynn later paid a $7.5 million settlement.


Angelica Limcaco, a former salon manager at Wynn Las Vegas, filed a federal lawsuit in 2018 against Wynn Resorts and Steve Wynn claiming that she was fired, blacklisted and intimidated into silence after she elevated her concerns in 2006 to then-president of Wynn Las Vegas, Andrew Pascal.