Steve Wynn Looses $741 million over Divorce

By: Harper Whitefield

Steve Wynn in Happy TimesSteve Wynn, the 468th richest man in the world in 2009 according to Forbes magazine, reached a $741 million settlement with his wife Elaine Wynn. They both agreed to split the stock worth of Wynn Resorts, the company that refurbished or built some of the most famous casinos in Las Vegas such as the Golden Nugget, the Mirage, and the Bellagio.

Steve and Elaine married in 1963 and divorced for the first time in 1986. After a remarriage in 1991, things went wrong again in March 2009 when they filed for their second divorce. The Wynns have two daughters, Kevin and Gillian, both adults.

Elaine Wynn is a well known charity figure in Vegas, once called “the unofficial queen of Las Vegas” by Vogue Magazine. She currently is positioned as the chairwoman of the national nonprofit organization “Communities in School”. Although not together anymore, the couple decided to donate a $1 million cheque to the project in the beginning of this year.

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