Elaine Wynn

Elaine Wynn
Born	Elaine Farrell Pascal April 28, 1942 New York City, New York, U.S.
Residence	Las Vegas, Nevada, U.S.
Nationality	American
Alma mater	George Washington University
Occupation	Businesswoman, philanthropist
Net worth	US$ 1.2 billion (November 2015)[1]
Spouse(s)	Steve Wynn (divorced)
Children	Kevyn Wynn Gillian Wynn
Relatives	Andrew Pascal (nephew)

Elaine Farrell Wynn (née Pascal; born April 28, 1942) is an American businesswoman, philanthropist and art collector. She co-founded Mirage Resorts and Wynn Resorts with her former husband, Steve Wynn. She has supported education causes, the performing arts and the visual arts.

Early life

Elaine Wynn was born to a middle-class Jewish family^[2] on April 28, 1942 in New York City.^[3] She graduated from George Washington University, where she received a bachelor of arts degree in Political Science in 1964.^[3]

Business career

Wynn co-founded the Mirage Resorts with her former husband in 1976.^[3] They also co-founded Wynn Resorts in 2000.^[3] She served on its Board of Directors.^[4] She played a pivotal role in the resurgence and expansion of the Las Vegas Strip with her former husband. In 2015, she nominated herself to the Board,^[5][6] but she was not confirmed.^[7][8]

Philanthropy and art collection

Wynn is a philanthropist, serving on the Board of Trustees of the Elaine P. Wynn & Family Foundation.^[3] She served as the Chair of the UNLV Foundation, a fundraising organization for the University of Nevada, Las Vegas.^[3] She also served on the Executive Board of the Consortium for Policy Research in Education.^[3]

Currently, she serves on the National Board of Directors of Communities in Schools, a non-profit organization which supports financially disadvantaged schoolchildren.^[3] She was appointed to Nevada's Blue Ribbon Education Reform Task Force in 2011, and on Nevada's State Board of Education in 2013 and 2015.^[3] Moreover, she was appointed to the Board of Trustees of the Kennedy Center for the Performing Arts by President Barack Obama in 2011.^[3][9] She serves as the co-Chair of the Los Angeles County Museum of Art (LACMA).^[10]

Wynn is an avid art collector. In 2013, she acquired Francis Bacon's Three Studies of Lucian Freud for a US$142.4 million, and loaned it to the Portland Art Museum.^[11]

Personal life

Wynn was married to businessman Steve Wynn.^[12] They divorced in 2009.^[13][14] Wynn currently resides in the couple's mansion inside Southern Highlands Golf Club.^[15]

References

1. "Elaine Wynn". Forbes: America's Richest Self-Made Women. Retrieved 21 August 2015.
2. New York Times: "The Other Casino Wynn, in a Hard City for Women" by Cathy Horyn May 14, 2006
3. "Elaine Wynn". Communities in Schools. Retrieved 25 August 2015.
4. Goldman, Andrew (4 May 2012). "How Elaine Wynn Survived 45 Years in Sin City". New York Times (Interview).
5. "The Boardroom Strikes Back". The New York Times. 21 April 2015.
6. "In Wynn vs. Wynn, Elaine faces two company-backed rivals for board seat". Vegas Inc. 23 April 2015.
7. "Wynn Resorts: Shareholders Refuse to Return Elaine Wynn to Board". Wall Street Journal. 24 April 2015. Retrieved 2015-07-22.
8. "Elaine Wynn loses fight to keep seat on casino board". New York Post. 24 April 2015. Retrieved 2015-07-22.
9. "Kennedy Center Administration: Our People: The Board of Trustees". The Kennedy Center. Retrieved 25 August 2015.
10. "Overview Board of Trustees". LACMA. Retrieved 25 August 2015.
11. ""Tax Break Flap Over Painting Dogs" Elaine Wynn". Reviewjournal.com. Retrieved 2015-07-22.
12. "For Las Vegas' Elaine Wynn, A Test of her Taste". Los Angeles Times. Retrieved 2015-07-22.
13. Friess, Steve (5 April 2010). "The loving dissolution of Mr. and Mrs. Wynn". Las Vegas Weekly.
14. Dolan, Kerry A. (19 June 2012). "After Futile Efforts To Settle Out Of Court, Billionaire Elaine Wynn Sues So She Can Sell Her Wynn Resorts Shares". Forbes.
15. Is Steve and Elaine Wynn's Relationship Now Strictly Business?. HotelChatter (January 28, 2009).