It's hard to argue that one specific person has had more of an impact on a city than Steve Wynn has had on Las Vegas.
Vegas was around for a long time, but Wynn is credited for bringing the megaresort to the Las Vegas strip and taking the luxury experience to the next level.
Believe it or not, the visionary behind the Mirage, Bellagio, and Wynn hotels actually suffers from a major physical disability.
But he has overcome all obstacles to build a company that is expected to deliver $1.3 billion in Q2 revenue when it announces earnings this afternoon.
Steve Wynn was born as Stephen Alan Weinberg and into a gaming family
Steve Wynn was born as Steven Alan Weinberg, and he was born into a family of gaming, just not quite the same level of gaming that has become synonymous with Wynn's brand. His family owned a bingo operation in Maryland.
Just before Wynn finished his studies at the University of Pennsylvania, his father died. Wynn proceeded to take over the bingo operation, which allowed him to make many contacts in the gaming industry.
Source: Online Nevada
He moved to Las Vegas, and right away he made some savvy business moves
A few years after his father's passing, Wynn decided to head west. He purchased a small percentage of the Frontier Hotel, eventually becoming the casino's slot and keno manager.
After he left the Frontier, Wynn began purchasing small pieces of land on the strip, one of which was adjacent to Caesars Palace at Flamingo Road. In a very savvy business move, Wynn stated he planned to build a casino next to Caesars, but he really just wanted to be bought out. Wynn got the deal he wanted, as he sold the land to Caesars for $2.25 million, personally making $687,000 on the deal.
Source: Online Nevada
Early in his career, Wynn was diagnosed with a degenerative eye disease
While he was making his moves in Las Vegas, Wynn was diagnosed with retinitis pigmentosa, a degenerative eye disease that effectively eliminates a person's night vision and seriously limits their ability to use their peripheral vision.
Throughout his life, Wynn has dealt with the vision issues and had several surgeries to help maintain his eyesight.
Source: Daily Mail
See the rest of the story at Business Insider
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