Steve Wynn | |
|---|---|
 Wynn in June 2008 | |
| Born | Stephen Alan Weinberg January 27, 1942 New Haven, Connecticut, U.S. |
| Citizenship | United States[1] Monaco[2] |
| Alma mater | University of Pennsylvania (BA) |
| Occupation(s) | Former CEO of Mirage Resorts (1973–2000) Former CEO of Wynn Resorts (2002–2018) Former Republican National Committee finance chairman (2017–2018) |
| Years active | 1967–2018 |
| Political party | Republican (1995–present) |
| Spouses | |
| Children | 2 |
| Website | wynnresorts |
Stephen Alan Wynn (né Weinberg; born January 27, 1942) is an American real estate developer and art collector. He was known for his involvement in the luxury casino and hotel industry, prior to being forced to step down.[3][4] Early in his career he oversaw the construction and operation of several notable Las Vegas and Atlantic City hotels, including the Golden Nugget, the Golden Nugget Atlantic City, The Mirage, Treasure Island, the Bellagio, and Beau Rivage in Mississippi, and he played a pivotal role in the resurgence and expansion of the Las Vegas Strip in the 1990s. In 2000, Wynn sold his company, Mirage Resorts, to MGM Grand Inc., resulting in the formation of MGM Mirage (now MGM Resorts International). Wynn later took his company Wynn Resorts public in an initial public offering and was Wynn Resorts' CEO and Chairman of the Board until February 6, 2018, when he announced his resignation. He is a prominent donor to the Republican Party and was the finance chair of the Republican National Committee from January 2017 to January 2018, when he resigned amid sexual misconduct allegations.[5][6]
Through Wynn Resorts, he has overseen the construction and development of several luxury resorts, opening Wynn Las Vegas in 2005, Wynn Macau in 2006, Encore Las Vegas in 2008, Encore at Wynn Macau in 2010 and Wynn Palace in Macau in 2016, and Wynn Everett near Boston which opened in June 2019 under the name Encore Boston Harbor. In 2006, Wynn was inducted into the American Gaming Association Hall of Fame.[7] As of September 2015, Wynn's net worth was estimated by Forbes at $2.4 billion, making him the 279th wealthiest American.[8] Steve Wynn collects fine art, including pieces by artists such as Picasso and Claude Monet.[9]
On February 6, 2018, Wynn stepped down as CEO of Wynn Resorts amid accusations of sexual misconduct including harassment, assault, and coercion. Wynn has denied the allegations.[10][4][11]
- ^ Steve Wynn profile – Forbes, Forbes.com. Retrieved September 29, 2015.
- ^ Green, Steve (December 27, 2010). "Steve Wynn gets citizenship from Monaco as part of joint venture - Las Vegas Sun Newspaper". lasvegassun.com.
- ^ Cite error: The named reference
TimesLondonwas invoked but never defined (see the help page). - ^ a b Kirkham, Chris (February 7, 2019). "Steve Wynn to Step Down as Wynn Resorts CEO". Wall Street Journal. Retrieved May 29, 2019.
- ^ "The Offshore Story of Steve Wynn". International Consortium of Investigative Journalists. November 5, 2017.
- ^ ISENSTADT, Alex (January 27, 2018). "RNC finance chair Steve Wynn resigns after sexual harassment allegations". Politico. Washington DC. Retrieved January 27, 2018.
- ^ Roman, James (October 1, 2011). Chronicles of Old Las Vegas: Exposing Sin City's High-Stakes History. Museyon Inc. ISBN 978-0-9846334-1-8.
- ^ "Forbes 400: The List". Forbes. September 29, 2015. Retrieved September 29, 2015.
- ^ Clifford-Cruz, Rebecca (July 9, 2011). "7 of Steve Wynn's most notable art purchases - Las Vegas Sun Newspaper". lasvegassun.com. Retrieved May 11, 2020.
- ^ Berzon, Alexandra; Kirkham, Chris; Bernstein, Elizabeth; O'Keeffe, Kate (January 27, 2018). "Dozens of People Recount Pattern of Sexual Misconduct by Las Vegas Mogul Steve Wynn". The Wall Street Journal.
- ^ "Penn will remove 'Wynn Commons' name and rescind honorary degrees from Steve Wynn and Bill Cosby". The Daily Pennsylvanian. Retrieved February 12, 2018.