Portrait of Elaine Wynn

Rank #1851

Elaine Wynn

Net worth $1.9B

Casinos, hotels · United States

Born
Apr 28, 1942
Age
84
Source
Casinos, hotels
Residence
Las Vegas, Nevada
Citizenship
United States
Marital status
Children
2
Education
Bachelor of Arts/Science, George Washington University

Net worth over time

Biography

  • Dubbed the "Queen of Las Vegas," Elaine Wynn became the largest individual shareholder of publicly traded Wynn Resorts in 2018.
  • Her ex-husband Steve Wynn stepped down as CEO amid sexual misconduct allegations, which he denied; he sold all his shares in March 2018.
  • In May 2018, Elaine Wynn launched a proxy battle and successfully forced the resignations of two longtime board members who were Steve loyalists.
  • After marrying Steve during her third year of college, Wynn worked Sundays at his father's Maryland bingo hall before the couple moved to Las Vegas.
  • They launched Mirage Resorts in 1973 and later cofounded Wynn Resorts. Elaine Wynn, who owns an 8% stake, served as a board member for 13 years until 2015.
  • As co-chair of the Los Angeles County Museum of Art (LACMA), she pledged a $50 million donation in 2016 to build a new permanent collection space.
  • At the Bellagio, which the Wynns opened in 1998, she commissioned the hotel's iconic glass installation by artist Dale Chihuly.
  • An avid art collector, she paid $142.4 million in 2013 for Francis Bacon's "Three Studies of Lucian Freud."

Financial assets

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