Steve Wynn Net Worth is$1.9 Billion
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Profession: Songwriter, Singer
Date of Birth: Sep 21, 1960
Nicknames: Wynn, Steve
Country: United States of America
Steve Wynn is an American casino resort/real-estate developer he has a net worth of $1.9 billion. Steve Wynn has earned his net worth from being playing a pivotal role in the 1990s resurgence and expansion of the Las Vegas Strip. Some of his accomplishments include the Golden Nugget, The Mirage, Treasure Island, Bellagio, Wynn, and Encore. These Las Vegas resorts were either refurbished or built by Wynn's companies. Wynn is the 512th richest man in the world, he made his debut in the Forbes 400 at #377 with a net worth of $650 million in September 2003, and quickly jumped up to $1.1 billion only six months later in Forbes' list of world billionaires published in March 2004. Born in New Haven, Connecticut, his father changed the family's last name in 1946 from "Weinberg" to "Wynn" to avoid anti-Jewish discrimination.
Stephen Alan "Steve" Wynn (born January 27, 1942) is an American business magnate who played a pivotal role in the 1990s resurgence and expansion of the Las Vegas Strip. His companies refurbished or built what are now widely recognized resorts in Las Vegas, including the Golden Nugget, The Mirage, Treasure Island, Bellagio, Wynn, and Encore.
As of 2011, Wynn is the 512th richest man in the world with a net worth of $2.3 billion (up from $1.5 billion).
Wynn was born Stephen Alan Weinberg in New Haven, Connecticut. His father, Michael, changed the family's last name in 1946 from "Weinberg" to "Wynn" when Steve was six months old "to avoid anti-Jewish discrimination" according to several sources. Wynn was raised in Utica, New York, and graduated from The Manlius School, a private boys' school east of Syracuse, New York, in 1959. Steve Wynn studied cultural anthropology and English literature at the University of Pennsylvania, where he was a member of the Sigma Alpha Mu fraternity.
Wynn's father ran a string of bingo parlors in eastern United States. In 1963, his father died of complications from open heart surgery in Minneapolis, leaving $350,000 of gaming debts, shortly before Wynn graduated from Penn with a Bachelor of Arts degree in English Literature.
Wynn took over running the family's bingo operation in Maryland. He did well enough at it to accumulate the money to buy a small stake in the Frontier Hotel and Casino in Las Vegas, where he and his wife Elaine moved in 1967. Between 1968 and 1972 Wynn also owned a wine and liquor importing company. He managed to parlay his profits from a land deal in 1971 (the deal involved Howard Hughes and Caesars Palace) into a controlling interest in the landmark downtown casino, the Golden Nugget Las Vegas (he also owned Golden Nugget Atlantic City in Atlantic City, New Jersey). Wynn renovated, revamped and expanded the Golden Nugget from a gambling hall to a resort hotel and casino with enormous success, in the proc

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Steve Wynn Latest News

Wynn Resorts a Solid Investment Buy, Deutsche Bank Opines

During a conference call with investors announcing the seven percent drop in the second quarter, billionaire Steve Wynn warned shareholders not to panic. “It’s very important that you don’t get caught up in the very short-term myopia,” Wynn explained.
Posted: August 17, 2017, 4:16 pm

Wynn Macau posts HK$1.6bn interim profit as city’s gaming revenue rebounds

Wynn Macau, a subsidiary of Wynn Resorts in Las Vegas controlled by gaming mogul Steve Wynn, saw its net profit reach HK$1.6 billion for the first half of 2017, compared to HK$1.1 billion a year ago, boosted by stronger casino revenues from mainland ...
Posted: August 17, 2017, 8:29 am

Why Wynn Still Looks Cheap At $136 If You Understand Its History

Nimbleness and agility are two qualities that are the key identifiers of the Wynn business. Both have been in evidence in WP, but they are nothing new for this management. I recall, back in the day, Steve Wynn walked me around a new Italian restaurant he ...
Posted: August 16, 2017, 11:50 am
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