Millionaires usually stand out Not only because of their fortunes, but also for their eccentricities and unexpected decisions. Steve Wynnone of the most influential figures of Las VegasIt is a clear example of this. From the creation of imposing resorts to an unfortunate incident with a masterpiece of Picassoits history is a trip through luxury and controversy.
Owner of one of the most important art collections in the world, Wynn demonstrated an unwavering passion for culture and game. However, an unfortunate accidental movement led him to damage one of Picasso’s most iconic paintings, which earned him a place in the headlines around the world.
How Millionaire Steve Wynn became
Steve began his career in the business world after Inherit his father’s bingo company On the east coast. His strategic vision led him to move to Las Vegas in 1967, where he ventured into the casinos industry with an innovative approach.
Over the years, Wynn developed some of the most iconic hotel complexes and casinos in Las Vegas, such as The Mirage, Treasure Island and Bellagieither. These ventures not only transformed the city into a luxury destination, but also consolidated their fortune.
In 2000, he sold his company Mirage Resorts A MGM Grand Inc. by 6,600 million dollars, which allowed him to found his own company: Wynn Resorts. With her, he built the luxurious Wynn Las Vegas, who redefined the standards of hospitality in the city.
The impact of its influence was not limited to the United States. In 2006, Wynn managed to settle in Macaoturning Wynn Macau into one of the most profitable game destinations in the world, even surpassing Las Vegas in income.
Steve Wynn and the story of the Picasso painting
One of the most commented episodes in Wynn’s life occurred in 2006, when, while showing the painting Pablo Picasso’s dream To his friends, he accidentally pierced the fabric with his elbow. The canvas, which had been sold by 139 million dollarshad to be removed from the transaction and restored.
The work, which portrays Marie-Thérèse Walter, Picasso’s lover, was acquired by Wynn in 1997 by 48.4 million dollars. After the incident, the tycoon decided to keep the paint instead of selling it.
Despite the damage, the restoration of the picture was successful and its value remained elevated. Years later, Wynn managed to sell the work for a record figure, demonstrating that, even after an unfortunate accident, his eye for art was still unwavering.
How much is Steve Wynn’s fortune
Steve Wynn has an estimated fortune in 3.7 billion dollars, According to Forbes. His hotel and casinos empire, along with their investments in art and real estate, have been key to their financial stability.
Despite the controversies and ups and downs in his career, Wynn remains one of the most influential figures in the entertainment and luxury sector.
Source: Ambito
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