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- Casino exec Elaine Wynn, major shareholder of Wynn Resorts, dies at 82 (foxbusiness.com)
Las Vegas casino magnate and philanthropist, Elaine Wynn, passed away on Monday at the age of 82. A prominent figure in the world of luxury resorts, Wynn co-founded Mirage Resorts in 1976 and Wynn Resorts in 2000 with her then-husband, Steve Wynn. Together, they built the Wynn Las Vegas, a landmark resort that redefined opulence in the city and became a highly profitable venture.
The Wynns’ relationship spanned decades, marked by two marriages and two divorces. Following allegations of sexual misconduct against Steve Wynn in 2018, Elaine Wynn spearheaded efforts to reform Wynn Resorts after his departure from the company.
Beyond her business acumen, Wynn was a dedicated philanthropist, particularly focused on arts and culture in Las Vegas, and served on several educational boards. She also championed the development of Las Vegas as a premier shopping destination and strived to make the city more family-friendly. At the time of her passing, her net worth was estimated at $1.9 billion.
Wynn Resorts released a statement mourning her loss and celebrating her legacy: “We are all deeply saddened to hear of the passing of Elaine Wynn… As co-founder and one of the largest shareholders of Wynn Resorts, she helped to create and grow the company to become the most esteemed luxury resort brand in the world.
Her many talents and special touches are indelibly imprinted on the company and still evident throughout our resorts.” The company further highlighted her dedication to employees, her love for Las Vegas, and her commitment to children, education, and the arts.
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- Casino exec Elaine Wynn, major shareholder of Wynn Resorts, dies at 82 (foxbusiness.com)