Elaine Farrell Pascal was born on the 28th April 1942, in New York City, USA of Jewish ancestry, and is a businesswoman, philanthropist as well as art collector. Wynn alongside her former husband Steve Wynn owns the Mirage and Wynn Resorts. The Wynn family has been active in the business industry since 1967.
How rich is the businesswoman? It has been reported by authoritative sources that the outright size of Elaine Wynn net worth is as much as $2.3 billion, as of the data presented at the end of 2016. Casinos and hotels are the main sources of her wealth.
Elaine Wynn Net Worth $2.3 Billion
To begin with, Elaine was raised in New York City. She studied at the George Washington University, from which she earned a Bachelor’s degree in Political Science.
Wynn’s family is well known as the co-founders and co-owners of the prestigious Mirage Resorts and Wynn Resorts. They took a risk and invested in hotels/resorts renovation and building beginning in 1976, when The Golden Nugget in Las Vegas was modernized and changed into a resort hotel. In 1989, The Mirage casino was launched, and in 1993, Treasure Island Hotel and Casino were opened. In addition to this, the most expensive gaming resort called Bellagio was also opened by Wynn family, which included (then) surprising items such as an artificial lake and an impressive art gallery. In 2000, Wynn Resorts was launched, and Elaine served as a member on the Board of Directors. Since then, Wynn Resorts Company has opened many prestigious hotels and resorts which are located all around the world. In 2005, The Wynn Las Vegas was opened which is one of the most extravagant resorts in the USA, followed in 2006 by The Wynn Macau, the first venture into China. In 2014, the Wynn Everett project in central Boston was launched, and all those successful investments significantly increased the overall amount of Elaine Wynn’s – as well as her husband’s – net worth.
Moreover, Elaine is known as an art collector. Recently, she bought “Three Studies of Lucian Freud” by Francis Bacon for $142.2 million. It has been loaned to the Portland Art Museum.
Finally, in the personal life of the businesswoman, Elaine Wynn was married to the business magnate Steve Wynn twice; they divorced for the second time in 2009. They have two children. Since then, Elaine is single and resides in a mansion located in Southern Highlands Golf Club.
Furthermore, Elaine Wynn is known for her philanthropic efforts. She serves on the Board of Trustees of the Elaine P. Wynn & Family Foundation, and has served on the Board of the Consortium for Policy Research in Education as well as being the Chairwoman of the UNLV Foundation of the University of Nevada. As of the latest data, she serves on the National Board of Directors of Communities in Schools, and of the Kennedy Centre for the Performing Arts appointed by President Barack Obama. As the co-Chair, Wynn serves on the Board of the Los Angeles County Museum of Art.
