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Steve Wynn in pictures and photos, There are 6 pictures in this album

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Steve Wynn Page: 1

Casino resort developer Steve Wynn pictures (pic) and photo gallery. Birth name: Stephen Alan Wynn. Born: January 27, 1942 in New Haven, Connecticut, USA. Steve Wynn biography (bio): Stephen Alan Wynn is a casino resort developer. He is credited with spearheading the dramatic resurgence and expansion of the Las Vegas Strip in the 1990s. Wynn currently lives with his wife in a suite at Wynn Las Vegas, until their home in the Southern Highlands Golf Club is completed. Wynn suffers from retinitis pigmentosa which affects his peripheral vision and therefore his interaction with proximate objects. During the opening night of The Bellagio, Wynn invited many distinguished guests to the hotel and asked them to participate in a $2,500 a plate dinner in which all the proceeds would go toward fighting retinitis pigmentosa. His daughter Kevyn was kidnapped in 1993. The developer paid $1.45 million in ransom for her safe return, but the kidnappers were apprehended when one attempted to buy a Ferrari in Newport Beach with cash. This story was obliquely referenced in 2001's Ocean's Eleven, and directly referenced in an episode of CSI: Crime Scene Investigation. Wynn became a billionaire in 2004, when his net worth doubled to $1.3 billion. 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. Early life, Frontier and the Golden Nugget: Wynn graduated from The Manlius School, a private boys' school in upstate New York, in 1959. Wynn's father, Michael Weinberg, ran a string of bingo parlors in eastern United States, and died of complications from heart surgery shortly before Wynn graduated from the University of Pennsylvania in 1963. At college, he studied Cultural Anthropology and English Literature. Wynn took over running the family's bingo operation in Maryland. He did well enough at it to accumulate the money to buy a small stake in the Frontier Hotel and Casino in Las Vegas, where he and his wife, Elaine, moved in 1967. Wynn managed to parlay his profits from a land deal in the early 1970s (the deal involved two established titans of the Las Vegas casino business, Howard Hughes and Caesars Palace) into a controlling interest in a dusty downtown casino, the Golden Nugget Las Vegas (he also owned The Golden Nugget in Atlantic City). Wynn renovated, revamped and expanded the Golden Nugget with enormous success, in the process attracting a new upscale clientele to downtown Las Vegas. The Mirage and Bellagio: Wynn had previously acquired interests in various existing casinos. His first major Strip casino, The Mirage, set a new standard for size and lavishness, with construction costs to match. The Mirage featured an indoor forest and an outdoor "volcano," and with high-quality room appointments and an emphasis on service, the Mirage was another great success. The Mirage was the first project in which he was involved in the design and construction of a casino. Financed largely with junk bonds issued by Michael Milken it was considered a risky venture by the standards then prevailing in Las Vegas because of its high cost and emphasis on luxury. It proved to be enormously successful and made Wynn a major part of Las Vegas history. Wynn expanded further on his concept of the luxury casino in the later Bellagio resort, including an artificial lake, indoor conservatory, and an art gallery in which Wynn displayed museum-quality artworks, and branches of high-end boutiques and restaurants located in Paris, San Francisco or New York. The Bellagio is credited with starting a new spree of luxurious developments in Las Vegas. Among these developments include The Venetian, Mandalay Bay, and Paris Las Vegas. The architect was the famous American architect Jon Jerde at Jerde Partnerships. Wynn Las Vegas to present: Mirage Resorts was sold to MGM Grand Inc. in 2000, to form MGM Mirage. With the money he made on that deal, and with his ability to secure ever-greater financing, Wynn built a new resort, his most expensive yet, the Wynn Las Vegas, which opened on the former site of the Desert Inn on April 28, 2005. One of his casino hosts is Joe Esposito, road manager and best friend of Elvis Presley. Wynn has successfully bid for one of the three gaming concessions that were opened for tender in Macau, a Special Administrative Region (SAR) of China, which has a long history of gaming and is the largest gaming market in the world, having surpassed Las Vegas in 2006. This property, known as Wynn Macau, opened on 5 September 2006. The Wynn Art Collection: Wynn owns an impressive art collection including paintings by Cézanne, Gauguin, Van Gogh, Manet, Matisse, Picasso, Warhol and Vermeer (although the authenticity of the "Vermeer" remains in dispute). Most recently he spent a record price for a painting by J. M. W. Turner -- $35.8 million for Turner's Giudecca, La Donna Della Salute and San Giorgio. Many of the collections pieces were on display at the Bellagio. The collection was on display at the Nevada Museum of Art in Reno while the Wynn Las Vegas was being constructed and was installed in the resort shortly before it was opened. The Wynn Las Vegas gallery, which had charged an entrance fee, closed shortly after the start of 2006. The artwork from the former gallery is now scattered around the resort. 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. 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 the painting to a group of reporter friends to which he had just revealed the alleged sale. This canceled the sale, and after a $90k repair, the painting was estimated to be worth $85m. 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.

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