Steve Wynn : biography

27 January 1942 -

The centerpiece of the collection is Le Rêve, the Picasso portrait that was the working name of the resort project. Wynn purchased the painting in 1997 for $48.4 million at the Christie's auction of the Ganz-collection on November 11, 1997. In 2006 he reportedly was to sell it to Steven A. Cohen for $139 million, which would at that time have been the highest price paid for any piece of art. However, he put his elbow through the canvas while showing it to his guests, including the screenwriter Nora Ephron and her husband Nick Pileggi, the broadcaster Barbara Walters, the art dealer Serge Sorokko and his wife, the model Tatiana Sorokko, the New York socialite Louise Grunwald and the lawyer David Boies and his wife, Mary.

This canceled the sale, and after a $90,000 repair, the painting was estimated to be worth $85 million. Wynn sued his insurance company over the $54 million difference with the virtual selling price, possibly exceeding his own buying price. The case was settled out of court in April 2007.


In 2005, the Association of Travel Marketing Executives awarded Steve Wynn the ATLAS Lifetime Achievement Award for his innovation in building resorts in Las Vegas.

In May 2006, Time magazine included Wynn as one of the World's 100 Most Influential People.

Wynn was appointed to the Board of Trustees of the John F. Kennedy Center for the Performing Arts by President George W. Bush on October 30, 2006.. (October 30, 2006).

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

Wynn was also the recipient of an honorary doctorate degree at the University of Pennsylvania’s 250th Commencement Ceremony in recognition of his transformative vision of Las Vegas in 2006 and has since received honorary doctoral degrees from the University of Nevada, Las Vegas; Sierra Nevada College; The Culinary Institute of America; and Johnson & Wales University in Providence, Rhode Island.

Forbes Magazine named him a “Captain of Capitalism” in 2007.

In 2009, Wynn received the Manfred Steinfeld Humanitarian Award at the 22nd Annual Platinum Circle Awards.

In July 2009, a segment on Wynn was aired on the CBS News series 60 Minutes.

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

In March 2011, Barron's named Steve Wynn one of the 30 “World’s Best CEOs” while Fortune simultaneously recognized Wynn Resorts as one of the “World’s Most Admired Companies.”Barron's Staff, , Barron's, Mar. 26, 2011

In September 2012, Wynn Resorts was the only Nevada company on Fortune Magazine's List of "100 Fastest-Growing Companies".Chris Sieroty, , Las Vegas Review-Journal, Sept. 24, 2012

In February 2013, an independent study in the Las Vegas Review-Journal named Wynn Resorts as the Best Place to Work among large companies in Southern Nevada.

The 12th Annual Bristol Associates and Spectrum Gaming Group Executive Satisfaction Survey Ranked Wynn Resorts as the No. 1 Employer of Choice.

Political Views

Wynn has previously described himself as a Democrat, and has supported Nevada Senator Harry Reid. However, over the last few years, Wynn has been very critical of President Barack Obama, whom he originally supported and voted for in the 2008 Election. He has accused Obama of being a job killer rather than a job creator, and has stated that he has created friction between him and his employees with the use of class warfare tactics. He has also stated that Obama has been the biggest "wet blanket" to business in his lifetime.Schwartz, Ian. (July 18, 2011) . RealClearPolitics.


In a legal battle over an attempt by Wynn-controlled Mirage to build a casino in Atlantic City, NJ, Donald Trump claimed in a lawsuit that Wynn used a private investigator as a double agent to secretly record conversations with Trump. The investigator, Louis Rodriguez, a former Los Angeles Police Officer and investigator for the IRS, claimed he had a change of heart because he felt that Trump used his efforts "in an immoral and unethical manner to cause financial harm" to Wynn and Mirage and thus turned "whistleblower." Wynn settled the lawsuit in 2000 and befriended Trump, who attended Wynn's wedding in 2011.

Living octopus

Living octopus

In countries which are located near sea coasts, sea food is an important part of national cuisine