Elaine Wynn, a billionaire who worked with her then-husband Steve Wynn, founded Wynn Resorts, passed away Monday at the age of 82.
Elaine and Steve Wynn co-founded Mirage Resorts in 1976 and Wynn Resorts in 2000.
They continued to build Winn Las Vegas. At the time it was the most expensive resort of all time and became the most profitable in Gambling Mecca. Las Vegas Review Journal It has been reported.
The two first married in 1963 and divorced in 1986.
They remarried in 1991 and divorced again in 2010.
Elaine Wynn led an effort to reform Wynn Resort after Steve Wynn left the company and sold his shares amid a 2018 sexual misconduct allegations.
Elaine Wynn was deeply involved in philanthropy related to art, particularly artistic and cultural institutions in the Las Vegas area, and was an executive at several educational institutions.
She also worked to not only promote its development as a shopping destination in Las Vegas, but also to make the city more livable for families.
As of filing on March 5, Elaine Wynn had controlled approximately 9.5 million shares of Wynn Resorts stock, which accounted for 8.98% of the outstanding shares, according to one data from Thomson.
Elaine Wynn’s net worth at the time of her death was estimated at $1.9 billion. According to Forbes Real-time net worth tracker.
Wynn Resorts issued a statement regarding her death.
“As a co-founder and one of Wynn Resorts’ biggest shareholders, she helped the company to be the most respected luxury resort brand in the world.
“Elaine took great care of our resort employees. The current and former employees who worked with her have created Winn and Encore Las Vegas, and we cherish many of the fond memories of the opening of Winn Las Vegas 20 years ago this month,” added Winn Resorts.
“She was a tireless advocate for Las Vegas, children and their education, and a tireless advocate for the arts. We are grateful that the lasting sense of charity she instilled in our company continues to this day.”
