Top 5 Richest Casino Owners In The US
The richest people at casinos are usually the casino owners themselves. Some of them are some of the wealthiest people in the States and own multiple resorts worth billions of dollars. They are ambitious and have built a reputation as some the best businessmen and businesswomen in America.
Sheldon Adelson is worth $33.5 billion. He started building his casino empire in 1989 when he bought the Sands Hotel and Casino in Las Vegas for $128 million. Adelens built The Venetian in 1999 and The Marina Bay Sands resort in Singapore in 2010. His wife Miriam Adelsen has a net worth of $27.7 billion and owns half of the Las Las Vegas Sands Corporation.
Tilman Fertitta is worth $7.9 billion. He made his money in Houston's real estate boom in the 1980s. In 1988 he became the sole owner of seafood restaurants. FERTITA bought Golden Nugget Hotel and Casinos for $295 million in 2005. Since then he has opened three more Golden Nugget casinos, including one in Atlantic City.
Phil Ruffin is one of the richest casino owners in the US. He owns Treasure Island and Circus Circus casinos in Las Vegas. Ruffins is 87 and he has no intention of retiring. He wants to die at his desk. The Forbes list of richest casinos owners includes Ruffini, who is worth $3.1 billion.
Lorenzo and Frank Fertitta III are third cousins of Tilman FERTitta. They both got their start in the casino business thanks to their father Frank. Fercitta Jr. launched Station Casinos in 1976. Lorenzo and Frankie led the company to its first IPO after their dad retired in 1993. Frank and Lorenzo were early investors in UFC.
Elaine and Steve Wynn are the second and third richest casino owners in the US. They are responsible for Mirage Resorts, Treasure Island and Bellagio casinos. In 2000, they sold Mirage to Kirk Kerkorian for $6.4 billion. Their flagship property, Wynns Las Vegas, was opened in 2005 and cost $2.7 billion to construct. Steve resigned as CEO of Wynnt Resort in 2018 following sexual misconduct allegations.
