Gambling is not only the popular entertainment but also a very profitable business for smart quick-witted and sophisticated people. One of the most famous casino owners is Steve Wynn, known worldwide as "king of Las Vegas". This man is astonishing and brilliant as he managed to predict the future popularity of gambling, invest money in it and made a huge profit. Wynn is one the richest people in the world due to his business skills.
Background
Steve Wynn is the American real estate and casino resort developer. He was born in January 27, 1942 in Connecticut. He studied at school in New York and after finishing he entered the University of Pennsylvania. Steve graduated with Bachelor of Art in English literature.
Right after his graduation his father died from complications of the heart surgery. He had to take over his father's business, a number of bingo parlors in Eastern America. Steve was successful in this business and even bought a stake in Las Vegas. He turned his father small business into the powerful gaming institution.
Career
Steve Wynn is a highly sophisticated entrepreneur and he set the goals on gambling. He was the first one to promote the idea of luxurious casino designs alongside with the best quality services.
Wynn casinos:
- Golden Nugget (in Vegas, Atlantic City);
- The Miracle;
- The Treasure island
- Encore;
- The Bellagio
- The Wynn.
Wynn started the era of fascinating and extremely expensive casinos. He risked when building his first casino and hotel as he spent the biggest sum of money that had ever been spent on that. Steve Wynn won and now has the right to be called "the king of Las Vegas".
Steve Wynn has also built mane fantastic resorts such as the Beau Rivage, in Biloxi and Mirage resort. In addition to that, Wynn has established his own company Wynn Resorts Limited. He also deals with renovation of the property, which has become his trademark.
Steve Wynn's net cost $1.3 billion and he is considered to be one of the richest people in the world.
Wynn likes luxury not only in casinos but everywhere as he has homes all over the world alongside with rare cars, jewels and he is the owner of one of the largest yacht in the world, the 187-foot Allegro.