Steve Wynn (born February 21, 1960) is a songwriter based in New York (born in California). He led the influential band the Dream Syndicate from 1981 to 1989 and afterward began a solo career. Before forming the Dream Syndicate, Wynn played guitar in the Davis, California-based band The Suspects, whose members included vocalist Kendra Smith (who later played bass in the Dream Syndicate). Steve Wynn Biography, Life, Interesting Facts. Steve Wynn is an American business magnate best known for his high-end casinos, most notably the Bellagio. Childhood and Early Life. Steve Wynn was born as Steven Alan Weinberg on 27 January 1942. Raised in Utica, New York, Wynn was educated in the all-male private Manlius School in Syracuse.Wynn received a B.A from the University of Pennsylvania.

1. Steve Wynn Biography by Mark Deming + Follow Artist. Influential figure on the '80s Paisley Underground scene who matured into of of rock's most accomplished songwriters. Read Full Biography.
2. Steve Wynn, Actor: Paul Blart: Mall Cop 2. Steve Wynn is most notable for his contributions to the hotel and gaming industry in Las Vegas. Wynn has also left a mark in the film industry, primarily through the use of lending his hotels as backdrops for movies. In 1997, he lent The Mirage resort for the filming of Vegas Vacation starring Chevy Chase.
3. Steve Wynn was born in New Haven, CT on January 27, 1942. His given name was Stephen Alan Weinberg but his last name was changed to Wynn in 1946 at the age of four. His father owned several bingo parlors in Maryland which Wynn inherited after his father’s death in 1963.

Steve Wynn Biography & Net Worth

American businessman Steve Wynn is probably best famous for building elite-level casinos like The Bellagio and The Mirage in Las Vegas. He is notorious for building luxurious properties costing huge amounts of dollars, and is one of the top developers in Las Vegas having administered the building and development of several extravagant resorts like Encore Las Vegas, Wynn Macau, and Wynn Las Vegas. Son of an innovative bingo-parlor operator, Steve enjoyed many privileges during childhood as his father’s riches covered most of his needs and expenses. He inherited his father’s entrepreneurial intelligence and his mother’s aesthetic sagacity and grew up to be a brilliant young man capable of making positive decisive projections in his business. His father did not want him to carry on with the bingo business so Steve was sent to the University of Pennsylvania where he would study, graduate from, and engage in a more reputable profession. However, his father died before Steve graduated, sinking the family into grave debt. Aged 21 at that time, Wynn gave up on his studies at Yale Law School and took over his family’s business continuing from where his father stopped. Working tirelessly, he re-built and expanded his father’s ventures and over the next years that followed, rose to become one of the leading hotel and casino moguls in America.

Steve Wynn’s Early Life

Stephen Alan Weinberg was born in New Haven, Connecticut, United States on January 27, 1942. His father Michael controlled a chain of bingo parlors while Zelma his mother was a devoted homemaker who catered for Steve and his brother Kenneth, and nurtured them into maturity. Steve was six years old when his father changed the last name of the family from “Weinberg” to “Wynn”.

In spite of being a successful and creative businessman, Michael developed a serious addiction to gambling and lost most of his wealth. Nonetheless he was resolute to give his children a good life and encouraged his first son Steve to study well so he could pursue a better profession instead of joining in the bingo business.

Steve Wynn graduated from the Manlius School in 1959 and then enrolled in the University of Pennsylvania. He lost his father during an open-heart surgery in March 1963. He died at the age of 46. This was heartbreaking for Steve and the rest of the family, but it did not prevent him from graduating with a Bachelor of Arts degree in English literature that same year.

Steve Wynn’s Career

Following the death of Steve’s father, Michael Wynn in 1963, the family plummeted into financial crisis and heavy debts as Michael left behind betting debts that accumulated to $350,000. Since Kenneth Wynn was only ten years old then, the responsibility of providing for the family fell upon Steve’s shoulders. Along with his new wife, Steve took control of the family business and continued from where his father left off. He worked hard and put in maximum efforts to re-establish the business and save his family from the financial crisis they found themselves in. Within the period of a year, the business had grown and expanded, and eventually began to look more profitable.

Steve Wynn

In the year 1967, he moved to Las Vegas and was able to buy a stake in the Frontier Hotel & Casino. He became associates with E. Parry Thomas who was famous to be a leading influential banker in Las Vegas. Thomas, who was the then president of the Bank of Las Vegas, which was the only bank that would extend loans to Las Vegas casinos at the time, helped Wynn in securing several land deals.

In 1971Wynn obtained a controlling interest in a landmark downtown casino called the Golden Nugget Las Vegas. He renovated the casino and expanded it to a resort hotel and casino from the gambling hall that it formerly was. The refurbished Golden Nugget became a massive tourist attraction, and this was exactly what Steve and his friends wanted all along.

During the 1980s, he built a 3,044 room Polynesian-themed hotel and casino resort known as the Mirage. It was the first time Steve Wynn was involved with the plan and construction of a casino. The hotel, which was launched in November 1989, featured modern and thrifty themes like an erupting volcano which eventually made it one of the most worthwhile casinos in Las Vegas.

He worked on constructing an even more extravagant resort, Bellagio, in the 1990s. Estimated to have cost about $1.6 billion, the resort is without a doubt one of the most spectacular hotels in the world. Opened in 1998, it was the most expensive hotel in America and the world at large at the time it was constructed.

In 2005, a luxury resort and casino, Wynn Las Vegas, became available. The resort covers 215 acres and includes several thousand square feet of retail space, a casino, and a convention center. It has 45 floors, with 2,716 rooms. All of these ventures and lucrative properties have been responsible for Steve Wynn net worth, and he continues to draw maximum profits from his establishments till today.

Awards & Achievements

In the year 2005, Steve Wynn received the ATLAS Lifetime Achievement Award. It was presented to him by The Association of Travel Marketing Executives for his innovation in building resorts in Las. Another important award that he received was the Manfred Steinfeld Humanitarian Award which was presented to him at the 22nd Annual Platinum Circle Awards that was held in 2009.

Personal Life & Family

Steve Wynn and Elaine Pascal got married to each other in 1963. The marriage was a happy one for the next two decades, and they divorced twenty six years after they tied the knot. Not wanting to give up on themselves, the duo remarried in 1991. However, their marital issues weren’t going anywhere, leading them to divorce again in 2010. Their marriage brought forth two daughters, Gillian and Kevyn.

In 2011, he married another woman named Andrea Danenza Hissom and their wedding ceremony took place at the Wynn Las Vegas.

Asides being popular for his extravagant properties, Steve is also known for his good deeds and philanthropic gestures. He is probably most remembered for making an anonymous donation of $2 million in 2012 to the United Way of Southern Nevada. He later admitted to this fact.

Steve Wynn Net Worth

Also an art collector, Steve Wynn is best known as a casino resort/real estate developer. His contributions to both the Las Vegas Strip and the city in general have without questions, improved the fortunes of Las Vegas and have made it stand out for something significant. Some of his most notable accomplishments are Encore, The Wynn, The Golden Nugget, The Bellagio, The Mirage, and Treasure Island.

Steve Wynn Age Show

Steve Wynn net worth is approximately $3.1 billion. His life story is a perfect symbol for growth and success after he took over the business of his father when the family was heavily indebted, and completely turned things around in a very short span of time.

Steve Wynn was born in New Haven, CT on January 27, 1942. His given name was Stephen Alan Weinberg but his last name was changed to Wynn in 1946 at the age of four. His father owned several bingo parlors in Maryland which Wynn inherited after his father’s death in 1963. Shortly thereafter, Wynn purchased a minority stake in the Frontier Hotel on the Las Vegas Strip in 1967. This was formerly located across the street from where Encore stands today, but the lot is currently vacant.

While owning the small stake in Frontier, he simultaneously operated a liquor distributing company. The income from this company was used in the deal that would help propel him into the gaming industry.

Wynn’s biggest success in his early years was purchasing a parcel of land on the northwest corner of Flamingo Road and Las Vegas Blvd. This is the corner occupied by Caesars Palace. He acquired it from Howard Hughes in a land swap in 1971. The deal was completed with the help of Parry Thomas. Wynn quickly proclaimed that he would build a small casino on the odd-shaped property. Caesars did not want to risk having an eyesore mini-casino as a neighbor and paid Wynn $2.25 million for the property.

Wynn Revamps and Expands the Golden Nugget

Thomas and Wynn decided to invest their new wealth into the Golden Nugget on Fremont Street. The pair felt that the casino was poorly managed and was ripe for a hostile takeover. They purchased enough stock to get Wynn on the Board of Directors. Existing management was ousted and Wynn quadrupled revenue at the property in one year. He expanded the hotel and added amenities to make it one of the most luxurious resorts in Las Vegas.

Atlantic City became the next stop for Wynn where he would go on to build the Golden Nugget in 1980. He eventually sold it to build Mirage in Las Vegas. The Golden Nugget in Atlantic City became the Atlantic City Hilton, which transformed into Atlantic Club. The resort closed in January 2014 however. The current Golden Nugget in Atlantic City is the former Trump Marina and is not related to the former property other than by name.

The proceeds from the sale of Golden Nugget were put to use in Las Vegas. Wynn purchased the parcel of land that now hosts Mirage and Treasure Island from the Howard Hughes estate. In November 1989, Mirage opened on that property. It was the first development on the Las Vegas Strip since 1973.

Mirage Las Vegas Development

Mirage was the first themed resort on the Strip. It cost $630 million and was thought to be a risky investment. It was financed with junk bonds. Treasure Island opened on the property four years later. The Mystere Cirque du Soleil show opened at Treasure Island. It was the first of its kind in Las Vegas. The production still runs today.

In October 1998, Bellagio joined the Mirage family. At a cost of $1.6 billion, it was the most expensive construction project in Las Vegas history at the time.

The Mississippi gaming market was on fire and Wynn decided to join it. He built Beau Rivage in the heart of the Biloxi Strip in 1999.

Steve Wynn Age Of Consent

Wynn sold his empire of casinos to MGM in June 2000 for $6.6 billion.

Steve Wynn Andrea Hissom Age

Wynn and Encore Las Vegas

Wynn personally purchased the Desert Inn. This was diagonal from Treasure Island at the intersection of Spring Mountain and Las Vegas Blvd. Desert Inn was imploded to make way for Wynn Las Vegas, which opened in April 2005. Encore opened in December 2008. Properties with identical names are located Macau, the largest gaming market in the world.

What Did Steve Wynn Do