Elaine Wynn
Overview
- Source of Wealth
- Casinos, hotels
- Industry
- Gambling & Casinos
- Residence
- Education
- George Washington University (Bachelor of Arts/Science)
- Children
- 2
Assets
- Activision Blizzard Inc.32,000 shares @ --ATVI-US
- Wynn Resorts9,539,000 shares @ --WYNN-US
Biography
Dubbed the "Queen of Las Vegas," Elaine Wynn became the largest individual shareholder of publicly traded Wynn Resorts in 2018.
Her ex-husband Steve Wynn stepped down as CEO amid sexual misconduct allegations, which he denied; he sold all his shares in March 2018.
In May 2018, Elaine Wynn launched a proxy battle and successfully forced the resignations of two longtime board members who were Steve loyalists.
After marrying Steve during her third year of college, Wynn worked Sundays at his father's Maryland bingo hall before the couple moved to Las Vegas.
They launched Mirage Resorts in 1973 and later cofounded Wynn Resorts. Elaine Wynn, who owns an 8% stake, served as a board member for 13 years until 2015.
As co-chair of the Los Angeles County Museum of Art (LACMA), she pledged a $50 million donation in 2016 to build a new permanent collection space.
About
At the Bellagio, which the Wynns opened in 1998, she commissioned the hotel's iconic glass installation by artist Dale Chihuly.
An avid art collector, she paid $142.4 million in 2013 for Francis Bacon's "Three Studies of Lucian Freud."